This week I received an email from someone who has stumbled upon the big wide world of investing and at the age of 40 has suddenly had their mind blown with the possibilities. He specifically asked about index funds and I also knew I had met a kindred spirit when he said: “compound interest is a new favourite term”.
So far, in 2019, we have spent exactly $240 on eggs. We buy them from a woman who lives up the road who has chickens (obviously) and every Monday she drops them (or places them gently) in my mailbox, then I jump online and pay her $5 a dozen. That means we have eaten 48 dozen or 576 eggs this year to date. The moral of the story? PocketSmith can give you some detailed figures IF that is what you are looking for.
Sharesies has lowered the barriers to entry for those wanting to enter the share market and they set about serving a previously underserved demographic. Sharesies has helped people see that becoming a share investor is another viable way to grow your wealth in New Zealand. They are now giving you the chance to buy shares in individual companies and spend as little or as much as you like.