How to invest in U.S Stocks

Every day I use products from Apple, Google, Netflix etc.  So it would make sense that I’d want to invest in them.  I do like to try and invest in products that I believe in and use.

But investing in U.S stocks can be both difficult and expensive if you’re based in Australia.  But thankfully there are now a number of options for investing in U.S stocks.

Spaceship Voyager

Spaceship is a managed investment product that lets you invest small amounts in a diverse portfolio of stocks.  Many of these stocks are from the U.S.  These include Apple, Alphabet (google), Amazon, Netflix and Tesla.

The idea behind Spaceship is giving regular investors access to stocks of that they believe will be important in the future.

You can start investing with as little as $5, as this money will automatically be invested in the fund.  This is great way to invest small amounts on a regular basis (dollar cost averaging).  Most people who try and picks stocks on their own end up losing money.  With Spaceship Voyager, the portfolio has been put together by experts so you don’t need to worry about which stocks to buy.

eToro

eToro is a multi-asset trading platform that lets you trade stocks from all over the world – including the u.s.  eToro lets you own partial stocks, meaning you can buy any amount of a stock with as little as $50.

eToro has all the popular stocks from the U.S exchanges including Apple, Facebook, Alphabet, Amazon etc.   You’ll be able to put together a portfolio of stocks from all over the world that align with your interests and beliefs.

If you don’t want to pick which stocks to buy and sell on your own, you can also copytrade on eToro.  Copy Trading is where you automatically copy trades made by experienced traders.

Stake

Stake lets you buy over 3,000 different U.S shares with zero brokerage commissions.  Their goal is to make investing in U.S stocks cheaper and easier for Australians.  There is a catch though.  To use Stake, you transfer money into a trading account which is based in USD.  Stake makes money by charging a currency exchange fee.  This fee is still less than what you’d pay with a traditional broker.

Through your bank/broker

I don’t recommend this option for most people as it requires a lot of capital.  If you buy U.S stocks through a platform like Commsec, you pay very large commissions.  In order to offset these commissions you need to buy shares with at least $1000 in capital.  For most people that is not realistic.  If you do have a large amount of capital that you’re looking to make a stock purchase with, then offer your bank/broker will be the most efficient and cost effective option.  But for those who are looking to get started with less than $1000, it’s best to try another method.

This post is for educational purposes and should not be considered as investment advice. This post is based on individual experience and journalistic research.

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