Just got into Sharesies last week and was stoked to come across your video, things definitely make a lot more sense now :)
@BrentColeman2 жыл бұрын
Thanks Pip! Glad you enjoyed the video!
@genevievesahlie68162 жыл бұрын
I am brand new to all of this so I’m cautious of getting dooped by big companies or just making a mistake in my naïvety! Thanks for sharing the ins and outs of the site and process, it makes a big difference in making the prospect of investing a lot less mystical.
@BrentColeman2 жыл бұрын
Thanks for watching and the kind words, Genevieve! I just learned by starting small and building over time, I definitely made a few mistakes along the way!
@madmaxrerisen2 жыл бұрын
Yes a lot are over valued.
@madmaxrerisen2 жыл бұрын
That King Salmon was a real Lemon, with their share offer and information is tight. Lose lips sink ships..
@erenathompson92282 жыл бұрын
Brilliant thank you! New sharesies investor here and your video helped me more than the info I was trying to find on their platform. I feel much more confident and aware of how I can better utilize the sharesies platform for my goals now. Ps. loved your Te Reo Maori pronunciation too. Cheers again!
@BrentColeman2 жыл бұрын
Thanks for the kind words Erena! Glad you enjoyed the video!
@davidbowen5476 Жыл бұрын
yes after watching this video i was more comfortable also...
@Aisshli2 жыл бұрын
Interesting video released important details is just what I was looking for you explain in a clear and precise way which allows you to clearly understand the information transmitted thanks to sharing
@BrentColeman2 жыл бұрын
Thanks for the kind words, Luisa! Glad you enjoyed it!
@wereallgunnadie2 жыл бұрын
Hi Brent, I have just watched a large number of your videos, beginning with this one. You have a new subscriber in me mate! I really appreciate your videos and you are easy to understand with the language you use and your delivery. Thanks for being a source of knowledge for fellow NZ'ers.
@BrentColeman2 жыл бұрын
Thanks Isaac, glad you've enjoyed them! Please let me know if there's any other topics you'd like me to share!
@giffordjourneyto1million2 жыл бұрын
Yo, this just came up on my home page. Good to see another NZer doing stock market investing, keep up the good work
@BrentColeman2 жыл бұрын
Thanks Gifford! I've certainly watched a number of your videos over the past few years too!
@traceymayne43212 жыл бұрын
Hi Brent this is a great in-depth video on how to use Sharesies. I just have a few questions firstly dose the portfolio automatically rebalance if a stock goes outside it’s target allocation. Secondly is there a way to set up dividend reinvestment plans in Sharesies or do you just have set it up through the company or share registry. Thank you
@BrentColeman2 жыл бұрын
Hi Tracey, thanks for the kind comments! I’m guessing this is for the autoinvest feature, it doesn’t reweight but rather it just defines how the money is initially invested. On the second point, it’s something the Sharesies community has been very vocal in requesting over a number of years! Right now there’s no option to reinvest dividends unfortunately and you’ll have to do it manually. Hope this helps and thanks again for your comments!
@davidbowen5476 Жыл бұрын
i noticed you have quite a bit of money in your sharesies account, what are your thoughts if the company suddenly goes bust, is there any protections? ive always been reluctant to invest in such numbers cause of security risk and companies going belly up, what are your thoughts.. thanks in advance...
@BrentColeman Жыл бұрын
Hi David, it was certainly a scary thought for me too. Sharesies hold the shares you buy through what’s called a custodian, or nominee account. This means Sharesies ‘own’ the shares but there are proper legal frameworks around this to ensure the shares are owed to you. The shares are also held separately from Sharesies as a trading company, so they can’t sell your shares to pay for their own operating costs. Given recent events with the likes of FTX this is a very important question you’ve asked, I hope this provides some clarity, but Sharesies have a lot more information about this on their website which I’d recommend reading. I was comfortable at the time, but with recent events I would definitely have started looking at non-custodian platforms such as Hatch and ASB as a safer option for the larger holdings. Hope this helps!
@rionnharford79542 жыл бұрын
Thanks man. Great content 👍🏽
@BrentColeman2 жыл бұрын
Thanks Rionn! Appreciate the support!
@bendavis65302 жыл бұрын
Cool video. Just put my first 3500 into sharesies, almost entirely into ETFs. Do you have any thoughts on ETFs? seems good for a new investor like me.
@BrentColeman2 жыл бұрын
Hey Ben, thanks for watching! I can't give financial advice, but I personally love ETFs and funds! I like the diversification and simplicity, and beating the market is not easy so core ETFs have been an important part of my portfolio. If you're interested, here is a great article from NZ-based Koura talking about the core-satellite portfolio strategy which many ETF investors follow: www.kourawealth.co.nz/blog/core-satellite-investment-strategy%3B-what-is-it-and-should-you-follow-it . Keep up the great work!
@rockybasnayaka52892 жыл бұрын
Hey mate great video. What's your thoughts on day trading in NZ. Do you know any good brokers we can use to day trade in US market? Thanks in advance
@BrentColeman2 жыл бұрын
Hi Rocky - thanks for watching! Haven't day traded myself, but understand many use Stake and their Stake Black service, which allows same day settlements. I'd caution they have high forex fees but might be a good place to start looking!
@ezrawilson61252 жыл бұрын
47k!!!!!! Dam how have have you been putting money into this portfolio? And do you only have one portfolio? I enjoy watching shareies portfolio vid because there isn't many in the community of nz yt.
@BrentColeman2 жыл бұрын
Haha just making regular deposits every pay day I guess! I set up automatic payments so every fortnight on pay day money moves across. This is my only Sharesies account, but have other accounts with Kernel etc. Thanks for watching!
@carlitosvlogs28082 жыл бұрын
Grate video, what happens if you have more than 50k , the tax regulations its different or not? Greating from Southland ( my sharesies have just 8k :-) 😀
@BrentColeman2 жыл бұрын
Hey Carlos, thanks for the support! Best to check with the IRD website, my understanding is if you invest over NZ$50,000 in non-NZ listed companies, you'll have to file for FIF tax. I've never had to do this, so best to check online. Mate the hardest bit to investing is just getting started - you're already most the way there! If you Google "pay yourself first", sorted.org.nz has a great article which is similar to what I've followed for many years and got me to where I am! Wish you all the best!
@travelmate7847 Жыл бұрын
Hi there, I am new to Sharesies, do we get to hold the shares( both Us or Nz) as long as we wish? Or do we have to sell it on the same day itself??
@BrentColeman Жыл бұрын
Hey! You can hold your shares as long as you wish. The shares are held in a nominee account (separate to sharesies as a company) on your behalf.
@shayparanihi Жыл бұрын
Thank you!
@BrentColeman Жыл бұрын
Glad you found it helpful!
@LostEmpress2 жыл бұрын
How much $ should I be putting into my portfolio a week? I’m so new to this and only 20 :)
@BrentColeman2 жыл бұрын
Hey! It all comes down to what you can afford really! Being new I'd suggest looking into "dollar cost averaging" and "ETFs". Dollar cost averaging is a long word for simply saying you invest the same amount each week regardless of price, and over the long run has been proven to be an effective (and easy!) strategy to get started. ETFs are a beginner friendly way to start investing, but as it's highly diversified it also allows you to avoid the wild swings of individual stocks and constantly wondering whether you should buy/sell/buy/sell etc! This is just something that hopefully steers you in the right direction and away from "get rich quick" ideas in stocks. They're a volatile asset (down ~20% on average in 2022) and dollar cost averaging and ETFs are a beginner friendly way to invest a little and get some experience with how the stock market moves. Just by investing even a little you'll naturally become more curious and experimentative over time, I know I was :) all the best and let me know if you have any questions!
@BrentColeman2 жыл бұрын
Sorry I should have clarified with a simple analogy, hopefully it clears up what an ETF is to get started. I find it makes silly finance terms easier to understand! ETFs are a bit like buying a Netflix subscription. You buy one membership, think of that like "one ETF unit". But under that one membership, you have thousands of movies. With an ETF, under it is hundreds/thousands of stocks like Google, Mainfreight, Spark, Apple etc. Sharesies have thousands of ETF options, most common are Smartshares Funds in NZ or Vanguard/StateStreet/iShares in the US.
@bianchabiddle8092 жыл бұрын
Hi , what is your promo code please ?
@BrentColeman2 жыл бұрын
Hi Biancha, thanks for watching! My promo code is C744KD and by using this we'll both get $5 to start investing!
@huangkaiming6849 Жыл бұрын
Can you please tell me how to do FIF ?
@BrentColeman Жыл бұрын
Hi Huang, I am not qualified to give the best answer on this. Henk, another creator, has made a video here: kzbin.info/www/bejne/jF6wfml_etd4i6M&pp=ygUKZmlmIHRheCBueg%3D%3D
@stanmurray417910 ай бұрын
Your voice sounds like the NZ site safe video guy lol
@BrentColeman10 ай бұрын
Hahaha I haven’t seen them but I’ll take it as a good thing 😂😂
@way-2-faraway2 жыл бұрын
I want to invest in your company but I am not NZ man ...I am from India
@BrentColeman2 жыл бұрын
Hi Walman, thanks for watching! I am not sure whether overseas citizens can join Sharesies outside of Australia, but I understand it is likely possible to invest in NZX listed companies from overseas using custodial accounts based in Singapore, Australia and NZ.
@roiceborruso81202 жыл бұрын
??????? ☝️
@BrentColeman2 жыл бұрын
Thanks for watching!
@chrisgoddard526 Жыл бұрын
Thanks 🙏
@BrentColeman Жыл бұрын
Glad it was useful! :)
@093476686 Жыл бұрын
Would you think this is still the best option to invest in NZ in 2023?
@BrentColeman Жыл бұрын
It depends largely on your personal situation but broadly speaking it remains as one of the easiest to use with the largest range of investment options in market!