While 2020 is not quite over, I thought I would share an update on how my eToro performance has been going. 2020 has been a crazy year. We had a massive market crash earlier on this year due to Coronavirus. We’ve also had more volatility with Brexit and the US election. Luckily my eToro portfolio has so far managed a really good return and it’s been my best year yet…
Every day I use products from Apple, Google, Netflix etc. So it would make sense that I’d want to invest in them. Many of these shares are listed on US exchanges.
Until recently, investing in US shares was expensive with most brokers charging more than $20 per trade in commissions. But thankfully there are some new brokers available to Australians which don’t charge any commissions at all!
Here are the best ways to invest in US shares from Australia:
I’ve been using eToro for the last 5+ years for Copy Trading. What is Copy Trading? It’s where you automatically copy trades made by more experienced traders. It’s a great way to learn more about trading as well as tapping into the knowledge and experience of some of the world’s best investors.
Here is my guide on how to get started with eToro copy trading
Update – We’ve updated the spaceship promo code for October.
I’ve been using the Spaceship Voyager app for the past few months. It’s one of my favourite investment products. They are currently running a promo where you get $5 free when you sign up to use the app. It’s a great way to start your saving and investing journey. Read on to find out how to get the bonus:
What is Spaceship Voyager
Spaceship Voyager is a new way to save and invest money. You can start investing with as little as $5 and then setup either scheduled investments of invest one off lump sums. Your money gets invested in a diverse portfolio of stocks. You can choose one of two portfolios – one is made up of the companies Spaceship thinks will be important in the future. Think Apple, Tesla, Netflix etc. The other is an index fund made up of the top 200 most popular companies.
I’ve been using Spaceship Voyager for the last few years. Spaceship is an app for investing in a broad portfolio of stocks. But how does it compare to other micro-investing apps and is it worth investing in? Here are my experiences with the app.
Robinhood is a hugely popular share trading app in the U.S. When they launched they completely shook up the online trading world by offering share trading without any fees. Although at one point Robinhood had plans to launch in Australia, those plans have been put aside and Robinhood won’t be coming to Australia.
The good news is that there are now a couple of great Robinhood alternatives that let you buy U.S stocks like Apple, Amazon, Tesla, Netflix etc, all without any commissions.
Here are some of the best investing apps that I’ve tried in 2020. I expect we will continue to see more and more innovate fintech apps launch throughout the year, and I’ll keep this post updated.
On Commsec you can trade shares like Apple, Netflix, Tesla etc that are listed on U.S stock exchanges. But while it may sound cool to dive in and start buying these shares, there are fees you need to be aware of. I’m going to break down the different Commsec fees that are charged and compare them to other brokers so you can get the best deal for buying U.S listed shares.
Are you looking to start building a portfolio of stocks but have been put off by the high commissions or fees charged by some platforms? Well thanks to some new platforms in Australia, it’s now possible to buy stocks and not pay any commissions. Here are the platforms that I’ve tried and found to work well:
In 2020, Raiz launched a new portfolio type that includes Bitcoin. The Sapphire portfolio from Raiz includes 5% bitcoin. This new portfolio makes investing in Bitcoin as simple as investing in other assets like shares and etfs.
But is it a good investment? I can’t tell you if this is a good investment for you, but I can lay out some of the facts around the portfolio to help you make a better decision. So before investing in the Raiz Sapphire portfolio make sure you read this post.