Should You Open a Sharesies Savings Account?

Should you open a Sharesies savings account?
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sharesies.nz/r/TBTSP8
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DISCLAIMER
All personnel that appeared in this video are not financial advisors. This video is not financial advice. All strategies, recommendations and tips are purely based on personal opinions and should be for entertainment purposes only. Please do not invest purely based on information provided in this video. Seek out a qualified financial advisor and carry out your own due diligence before doing any form of investing.
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[@chiyachen4504]

Thanks for this very useful advice

[@heavymetalvegan6564]

I’ve just opened mine today. Seems like a good idea to me. Good solid advice. Nice vid.

[@damiangreen5940]

How's it been going?

[@debzeb6899]

I agree - it would be nice to treat money waiting to be invested treated as part of the balance.

[@henkhustle]

Yeah, not entirely sure why there needs to an extra step

[@rupertthecatandfamily]

They haven’t increased the rate to match or better some banks which is putting

[@henkhustle]

They are still just acting as a middleman so it's unlikely they'll be beating bank's interest rates

[@julzs7493]

Its very slow to transfer your money into your wallet. As you have to withdraw from your wallet it takes days before you can access

[@henkhustle]

I will check withdrawal time as well

[@henkhustle]

Okay the transfer from savings to wallet is instant but can take few days to get from wallet. Usually pretty quick in my experience

[@tenpattt777]

I want to put in saving account dividends 😅

[@thattallygirl]

I’m new to all this so I want to see how much growth each month can that money make if it remains untouched for a year, on that interest rate 🙂

[@henkhustle]

Try out an interest rate calculator online. Remember investing is for the long term. If you just need more cashflow in the short term, it's better to improve your career

[@curtismilner8952]

Hey when is this avaliable? I cant get it yet??

[@henkhustle]

They have sent out an email, if it's not available yet, it should be soon