Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I've been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions.
@ChristopherHandley-ek4ul
Ай бұрын
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience. If you're new to investing or don't have much time, it's best to get advice from an expert.
@DavisFreeman-nu1cu
Ай бұрын
You're absolutely right about that
@DavisFreeman-nu1cu
Ай бұрын
the power of compound interest and the long-term potential of investing in index funds like the S&P 500. For many, passive investing in broadly diversified funds can be a reliable strategy over time.
@FrankBrook-js9yh
Ай бұрын
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
@RebeccaGilpin
Ай бұрын
I'm actually interested in this idea of investing through an analyst. Sounds like the most sensible thing to do in the market right now. Could you give me a pointer to who you work with, please?
@devilsadvocate2656
6 ай бұрын
I have a question... NZ Bank Term Deposits can earn up to 6.1%... why would you want to put your money in an ETF earning 4% (or less)? Furthermore, most NZ ETFs I looked at have below 5% return whereas the highest one in the US was 10%. Also, many Australian ETFs have monthly distributions yet the best I could find on Sharesies for NZ ETFs was quarterly.
@nevadada
6 ай бұрын
Normally ETFs track some underlying assets. Maybe the underlying assets aren't performing so well here? The U.S have so many ETFs, so of course they'd have the highest performing one, but as they say past results don't guarantee future returns. When buying ETFs on foreign exchanges it's important to factor in exchange risk.
@devilsadvocate2656
6 ай бұрын
@@nevadada I think I've got a handle on the ETF situation. Many US shares are oriented towards Capital Gain hence ETFs which track Indices are likewise Capital Gains based. I am a dividend investor hence receiving a rate of return less than the highest NZ bank Term Deposit doesn't suit my strategy. I do have a couple of Australian ETFs mainly due to their rate of return or their holdings which I would otherwise be unable to afford (CSL is $300+, MQG is $200+, CBA is $100+ etc). My main share trading is done in Australia hence my biase. I am open minded about NZ ETFs but can't find anything compelling about them to warrant purchase.
@josephcollins3447
6 ай бұрын
Historically, you can get more than a few percent if held and reinvested long term.
@devilsadvocate2656
6 ай бұрын
@@josephcollins3447 True... Using the "Rule of 72", it's possible to calculate (or at least get an approximation) of how long it will take compounding interest to double your investment. This however assumes use of DRP. If using Sharesies, only specific shares support DRP. Otherwise, each transaction will attract a fee extending the time frame.
@devilsadvocate2656
4 ай бұрын
@@josephcollins3447 I do use DRP extensively. To expand upon ur point, DRP is the process of using a dividend to purchase more shares so that the next dividend is increased. Many companies offer DRP so the process is internalised altho there are a number of caveats. DRP works best when interacting directly with the market via a broker. I.e. ASB in NZ or any number of banks in Aus including CommSec. Services such as Sharesies, Hatch or Stake support DRP but only with companies that they have agreements with. In Sharesies case, this seems to be restricted to NZ power companies. Of course, one can use a cash dividend to purchase more shares in a company but this is highly inefficient. Firstly there's a transaction fee every time. Secondly many companies offering DRP do so at a slight discount which will not apply if simply purchasing more shares. Lastly "the rule of 72" indicates how long compounding DRP dividends will double your investment. Purchasing small lots of shares regularly will push this estimate out further... Way further.
@Kaymm-zd6lb
2 ай бұрын
why should I invest in smartshares where management fees and transaction cost are high as opposed to Vangaurds ETFs?
@patrickgleeson1853
2 ай бұрын
If you have a good look into many of the overseas SmartShares ETFs, they are actually often investing in Vanguard or Ishares ETFs. As you pointed out SmartShares charge much, much higher management fees. For example SmartShares US 500 ETF invests only in the Vanguard S&P 500 ETF. SmartShares charges a fee of 0.34% per year. Vanguard charges 0.03% per year. Ultimately your money ends up in exactly the same fund (Vanguard) but SmartShares charges you 10 times more than Vanguard. I no longer invest anything in SmartShares. They are ripping us off!!
@natashabessex5654
2 ай бұрын
Best explanation on ETFs i’ve listened to!
@erismarcompartilha
4 ай бұрын
Hi there! Wich ETF's can we buy through Sharesies Account? Can I have access to the list before have a Sharesies Account? Thanks from Auckland. Congratulations for the video.
@devilsadvocate2656
4 ай бұрын
Given that Sharesies provides access to NZ, Aus & US markets, the list of potential ETFs to buy into would be enormous. Furthermore, there are dozens of companies in each country offering multiple ETFs for most industries & indices, so again an even larger list. Joining Sharesies is free plus they offer a $5 joining gift which you can put towards any share of your choosing. Even if you choose not to actively participate in the share market, you'd still be better off to the tune of $5 so why wouldn't you join?
@nevadada
6 ай бұрын
Awesome show. Please ask a guest about wholesale and retail CBDCs (Central Bank Digital Currencies) preferably an economist
@LHNA130
Ай бұрын
Investing in sharesies is a waste of one’s time and money.
@ecobob101
Ай бұрын
Use sharesies to invest in the world markets. Not a waste of time or money
@LHNA130
Ай бұрын
@@ecobob101 it is when there’s cheaper platforms to choose from that don’t try and bleed you dry, they started out with good pricing now they are just a rip off.
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