This was an amazing presentation. I'm very new to the whole trading world and was a little overwhelmed when I opened an account. I feel a lot less confused by the whole thing. Thank you.
You are amazing tutor Sanjee! You have explained everything in detail :) I wish you all the best for your channel and would like to see millions of subscribers here very soon. I would really appreciate if you can please make a video about ''How to choose your shares to buy?"
Thank you soooo much! Trying to figure out commsec and how to trade was doing my head in. I was about to close it down until I found your video! I understand so much more now and am ready to trade. Thank you, thank you!
Thanks David - haha yeah it just kind of slipped out and I figured I'd leave it in because a few people might appreciate it. Thanks again for watching. Let me know if you have any questions.
Brilliant, I was looking for international trade tutorial but I came across your channel. You have covered almost everything the domestic trading is supposed to function. Great work.
Thank you for this video. I am new to commsec and this video has helped me to understand the basics of investing. I’m looking forward to watching future content 👏🏽😊
Thank you SS. A very well, simple and easy to understand explanation. I am new to all this and you given a really good insight to all this. Keep the vids coming. Just subbed mate. Thank you.
Yeah that is the tricky one! There are some handy videos out there about "fundamental analysis" or "intrinsic analysis" of shares. Those might be a good start. Otherwise it really is a guessing game.
@@SanjeeSen Hey Sanjee thanks for these answers, i was wondering though, If i have potential (Not completely sure) plans to relocate to the US in the future (perhaps 6-10 years possibly 3-5 from now ) should i be investing in AUS etfs such as VAS OR A200 Or international etfs such as VDGH?Furthermore, should i be even investing in ETFS at this stage at all or go for something else?
Thanks Hon. Haha what a great question. Well ETFs that follow the index are generally considered pretty reliable over a long period of time. Might be worth looking into those stocks.
Q. Capital gains tax/income vs how it will affect people who pay child maintenance if that makes sense..love the videos by the way I wish you all the best.
Hi Kate, this is the maximum amount you're willing to spend per share on your transaction. A good place to start is to consider what the latest price was when it last sold.
Can you do a video like this on using the international account on CommSec and buying US shares? Will be helpful to also include any additional things to be aware of when investing in international stocks.
Really helpful video mate! But I have question, I want to do stock investment for long term let’s say for 10 years ahead, so what should I choose for the expiry date? Is it “good for day”?Or what is it? Thanks mate, appreciate it🥂, and what should I do if I made a mistake by choose wrong expiry date? Cheers
Hi Jevin, glad you found it useful. I believe you can although I don't have any experience in it. Please check out the CommSec website here: www.commsec.com.au/products/international-share-trading.html I mainly have exposure to the US through ETF stocks I have purchased through the ASX.
Sanjee, great post missing the food making videos...but what are your thoughts on Australian A-Reits given what's happening to commercial property throughout the pandemic??
Hey Joel! Mate how have you been?! Yeah I pivoted away from the cooking videos because it just wasn't sustainable really. I'm more interested in investing and personal finance so it made sense to pivot this way. Yeah I'll be honest I haven't really being paying attention to REITs other than generally through what's been happening to VAP. I mean I'm guessing they'll take some kind of hit because of recent events (office rents and retail rent). But whether corporate Australia is really going to start shutting down entire commercial spaces is probably unlikely to happen. I have been looking to gain a bit more exposure to that sector - but it'll probably be through VAP or a similar index because I'm not familiar enough to look at individual REITs. Feel free to buzz me on the mobile or 03 9016 0269 if you want to chat more :) So good to hear from you mate.
Hi yes great question. The video I did on brokerage can be found here: th-cam.com/video/PumIzzXdbHs/w-d-xo.html The key thing is to try and find a "purchase price" for your parcel of shares that minimises how much the brokerage cost accounts for in the total transaction cost. Hope that helps.
Great Tutorial when you sell on com sec how long does it generally take to settle for example can you buy in the morning sell in the afternoon and have the money or is there a waiting period ... cheers
Hi LEXO, thanks for watching. It usually takes 2 days for the money to come through. I think in the situation you described you'll still need to wait for the 2 days for the money to come through. You should checkout these two articles buy CommSec where they explain it a bit more. Article on Settlement dates: www.commsec.com.au/support/frequently-asked-questions/344.html Article on contra trades: www.commsec.com.au/support/frequently-asked-questions/22.html
This was a very good presentation and i learnt a lot from it, however when i went to place an order it said the order could not be accepted due to minimum purchase required by CommSec, do you mind explaining this a little further please
Hi Isabelle, glad you liked the video. Yes CommSec has a minimum requirement of $500 for each purchase. So when you make a purchase, the total value of the shares needs to be $500 and more. This CommSec article should help: www.commsec.com.au/support/help-centre/placing-a-trade/minimum-shares-i-can-purchase.html#
Thank you!!! Amazing tutorial. Could you pretty please do one comparing commsec and Self Wealth? Or have you already done one on Selfwealth premium platform?
Hey Sanjee. Your videos are awesome. I started investing in ETF after looking at your videos. Can you please make some videos on S&P 500 ETF? Or recommend me the video if you have already done so. Thanks for your awesome work.
Hi Sanjee very useful for the beginner like me. I noticed while buy/sell on my account it shows brokerage and cost with including GST but i saw you got only Brokerage and excluding GST could you please elaborate more to me. Thank you
Hey Sanjee, Thank you so much for your useful videos. I live in Melbourne and slowely slowely try to learn trades. Do u have any tools can help me with to learn when is the best price to buy? Also, if you have a financial advisor can help me as well, some1 i can trust. Appricate God bless u🙏
Thanks for the great information mate 👍. I'm looking at investments of $1000 maybe 6x per year for the next 3 years until my home is paid off. After that i will step up my investment to approximately $1000 per month. ( It can be monthly or a larger amount less frequently to avoid fees!). Would you suggest pocker or consec? Or can i transfer my pocket shares into consec at a later date without to many fees?
Hi mate, no worries I've put it on the list. I don't think it'll be coming anytime soon though. For now I'm quite happy to invest internationally through buying international ETFs which are listed on the ASX. You can check out my video on that here: th-cam.com/video/C2ooRx227Ew/w-d-xo.html
Hi Sanjee, thank you for this video. Really helps. I have a question, can we just buy a share for the total amount less than $500 on Commsec ? Thank you
Can you buy multiple different shares at the same time/ under the one brokerage fee? Say if I want some AFI and VAS, or would that be 2 separate brokerage fees? Cheers
Hi Alex, great question. Unfortunately that would be 2 separate brokerage fees . Similarly if you bought say 100 shares in AFI today and then bought another 100 shares in AFI tomorrow, that would also be 2 separate brokerage fees. Hope that helps.
Mate, can we order to buy shares of multiple companies? For example $200 worth of shares for one company and $300 worth of shares for another company = total $500.
Hi Sanjee, thanks for the good advise. My neighbour says that you can fill up a column where it says to sell when the shares falls to X amount, please advise on that, as well as ‘how to sell?’ Thanks very much
Hi Sanjee, thanks for sharing very useful information, though i was wondering how do you put the stop loss or initial exit point where you just set up the stock price to follow through from your entry price, once it triggered the price you'd set up you will automatically out of the position with the profit/loss, in simple terms how do you manage your risk?
one question is when im at my place order share screen (6:40), at the top it's showing two commsec shares account not my CDIA account, does it matter? thanks
Hi Sanjee Sen, I have been interested in writing call options and I haven't quite understood how the commsec option platform works - is it possible for you to go through the procedure using the commsec option platform as you have done with the buying of shares platform?
Hi George, I'll be honest, I actually don't know how to buy options on the CommSec platform. I'm more an individual shares, ETFs and bonds investor myself. If I do do a video about it I'll be sure to let you know...but I don't have anything planned in the medium term. I'd encourage you to checkout the CommSec site in the meantime: www.commsec.com.au/accounts/eto-options-account.html
Hi Liam - sorry for the delayed response. Generally people just keep cash in AUD if they want to maintain their home currency. If you're worried about currency fluctuations that's more in the area of FOREX trading.
Hi Sanjee. Great video and very easy to follow. I'm not sure if you can help me . I'm just about to start investing and the bank account or cdia is still a little confusing to me. Do your dividend paid dollars or fully franked dividend dollars get paid into your cdia trading account ? If so does the platform make it easy to print of or report at tax time for account. And also does the cdia account act like a normal bank account so I can transfer from other banks or put money in at a branch. Could not find any info on there website that answer this. Thanks in advance and love the videos ! Guy
Hi Guy great questions. No your dividends get paid to whatever account you setup with the share registry. You should check out my videos on "Setting up your dividends". In there I show you where to setup your bank account details in. Don't stress if you haven't set them up yet though...the money just get's held until you submit your details. Yes the CDIA account should act like a normal account you can do transfers to (it'll have a BSB and Account number). You'll end up using Netbank to do all the transfers.
Hi, thanks for the video. This may sound like a stupid question but how do I transfer money from my NAB account to my Commsec account? Do I have to transfer it to the linked commonwealth bank account first? And then over to commsec? I can't find this information anywhere
Hi, i am trying to buy my first share via CommSec. Now ... I get the following error 'order not accepted - deposit required' What do i do ? ... no video or tutorial covers what do be done in the Netbank account side before you start Commsec? I assume you have to transfer money into the CDIA account ... this correct? If so, i have done this and the money shown in the 'balance' but Zero dollars shown in 'available'. What should i do OR what is wrong?
I've been considering buying ETFs/SCHD stocks for retirement, I have set asides $100k but somewhere along the line, I get cold feet maybe because I'm a rookie and have no idea what I'm doing, please I could really use some guideline
Hi. Could you please clarify this for me? So you execute your trade on Commsec. The purchased shares are now in your virtual possession, however, there is a 2-day delay on payment. So my question to you is Could those shares be sold on the same day even though you have not handed over a single cents for the shares?
Love it Sanjee. You're a star. Which broker would you recommend for investing on the ASX? It would be interesting to hear your thoughts regarding fees, execution, customer service etc.
hi Sen, I am from India. I used trade in Indian market (nifty and bank nifty options), I need information on broker with best app and less brokerage. which are the best indices (eg. nifty and banknifty) to trade options in Australian markets? What is minimum capital required to trade options?
Hi there, great question and I should probably do a full video on this sometime. The main differences I see are: 1) The Pocket app only lets you invest in 7 ETFs whereas the normal CommSec app lets you invest in all ETFs on the ASX, which is close to like 150+. 2) Brokerage rates for the pocket app seem cheaper relative to normal CommSec, especially if you consider $500+ transactions. I'd still lean towards the normal CommSec platform as it gives you more flexibility.
Sanjee Sen thanks for yours valuable response, that would be great if you make a video on it also if you can add intraday trading in it. We can learn how to earn 100-200$ a day in Asx. Looking forward
This was an amazing presentation. I'm very new to the whole trading world and was a little overwhelmed when I opened an account. I feel a lot less confused by the whole thing. Thank you.
How’s u going
@@saahil0074 how r u doing??
100% outstanding crystal clear and THANKYOU
Thanks DGB! Glad it was helpful.
You are amazing tutor Sanjee! You have explained everything in detail :) I wish you all the best for your channel and would like to see millions of subscribers here very soon. I would really appreciate if you can please make a video about ''How to choose your shares to buy?"
Thankyou for watching and your kind comments! Yes I will do a video on that in the future.
Thank you soooo much! Trying to figure out commsec and how to trade was doing my head in. I was about to close it down until I found your video! I understand so much more now and am ready to trade. Thank you, thank you!
You're very welcome!
Excellent explanation, thank you Sanjee :)
Glad it was helpful!
Great video! Really well spoken and informative
“Good for day” gave me a laugh 😂
Thanks David - haha yeah it just kind of slipped out and I figured I'd leave it in because a few people might appreciate it. Thanks again for watching. Let me know if you have any questions.
That was great to watch your presentation Sanjee Sen. Thank you!
I like your channel more than the other investing channels in aus, clear, concise and you seem like a smart thinker
Hi Wade! Thanks so much for watching, subscribing and your kind words.
Brilliant, I was looking for international trade tutorial but I came across your channel. You have covered almost everything the domestic trading is supposed to function. Great work.
Glad it was helpful!
First time.
I was so Intimated to learn CommSec buy you have Explained it so well. Thank you subscribed
This video was perfect, liked and subscribed :) You definitely deserve more likes and followers!!!
Thanks so much Sourit! Welcome onboard!
Thanks heaps. I new to buying shares for myself. You explanation was crystal clear and easy to follow. Thank you.
Thanks Keith, glad it helped!
Very detailed. Can hear every word clearly. Keep it up!
Thanks Sally!
This is an awesome presentation, super easy to follow too. All the best! :)
Hi Ashton, thanks so much for feedback!
Clear explanation . ..easy to understand....loved it. .
Thanks Deborah, glad to hear that!
Hi Sanjee, can you please go over the Tab in the home screen, "Recommendations" and give me your assessment on the Goldman Search group?
Thank you for this video. I am new to commsec and this video has helped me to understand the basics of investing. I’m looking forward to watching future content 👏🏽😊
Thanks so much for watching Cee Kay! Glad you found it helpful. Yes more content coming soon :)
Can’t thank you enough🙏🏽
For a novice, such as myself brilliant video.
This is an absolutely brilliant video! Thanks for the effort!
Thank you SS. A very well, simple and easy to understand explanation. I am new to all this and you given a really good insight to all this. Keep the vids coming. Just subbed mate. Thank you.
Hi Lone Wolf! Thanks for watching and appreciate the feedback. Great to have you onboard.
You're a legend - this was really helpful mate.
Thank you. I just dis my first order of stock and you made me feel more comfortable about the process.
Great to hear!
love that video content, alot practical skill and operation. love to see more videos showing practical practice in investing.
Great video Sanjee makes it much easier than I thought.👍👍👍
Thanks Tony, glad it helped. Yes they've made it quite straightforward. :)
Fantastic video. Really informative tutorial that keeps it simple. Thanks.
Thanks Ian!
You explained it best. Thanks Sanjee
Thanks Kalen
This is so simple mate, cheers. Only thing though is like how do you actually choose which specific company to invest in shares for?
Yeah that is the tricky one! There are some handy videos out there about "fundamental analysis" or "intrinsic analysis" of shares. Those might be a good start. Otherwise it really is a guessing game.
@@SanjeeSen Hey Sanjee thanks for these answers, i was wondering though, If i have potential (Not completely sure) plans to relocate to the US in the future (perhaps 6-10 years possibly 3-5 from now ) should i be investing in AUS etfs such as VAS OR A200 Or international etfs such as VDGH?Furthermore, should i be even investing in ETFS at this stage at all or go for something else?
so clear and simple, thank you. please do options video too.
Thanks Oana!
Clear and concise. You didn't leave out the details. Much appreciated. Now could you tell me which shares are "guaranteed" to make me money, please?
Thanks Hon. Haha what a great question. Well ETFs that follow the index are generally considered pretty reliable over a long period of time. Might be worth looking into those stocks.
@@SanjeeSen A man with money sense as well as a sense of humour. Good on you. Kind regards
Thank you very much, this video is very useful for the person who’s just beginner like me 🎉
Glad it was helpful!
Thanks so much for this video. Do you have any videos or advice and how to invest small amounts of money each week or month?
Thank you so much!!! I am new to commsec and this video was very helpful!!
Hi Jelly Jelly! Glad I could help. Wishing you all the best with CommSec.
Outstanding explain thanks.just one question.
Where I can see live shares trading screen?
Great video mate ... Very useful for beginners
Thanks Robin, yes that's what I was hoping :)
Thankyou, this was super helpful!
Very well explained. Thank you, it was easy to understand.
Thanks Joe!
Awesomeee video bro! Cannot praise it enough!!
Thanks Tanuj!
HI Sanjee, this is great. Could you do a video on adding stop loss in commsec?
Hey, great content man. Keep making more videos. more on specific shares with your views of its future.
Thanks for watching Ron! Appreciate the feedback. Yes absolutely will probably do one on a specific company soon.
Thanks so much - I find these videos by Sanjee so helpful. Thanks so much for making them easy to follow and understand.
Amazing. Exactly what I needed. Thanks mate. Good for day.
Glad it helped
Q. Capital gains tax/income vs how it will affect people who pay child maintenance if that makes sense..love the videos by the way I wish you all the best.
Hi Isaac, wow that's a great question. Ok I've got it on the list!
Long time since I've seen you my friend! Thanks so much for the Info!
Thanks Brent! Need to get better with my comments too
Very nice and informative for begineers
Thanks Sundeep! Glad it helped.
Good one Sanjee, very helpful.
Thanks Edward!
@@SanjeeSen I am a beginner; any plans to do a video on the benefits of 'Buy Share Pack" from commsec.
That was great content, thanks for sharing.
very good video
what should i do for the price limit on the buy page
Hi Kate, this is the maximum amount you're willing to spend per share on your transaction. A good place to start is to consider what the latest price was when it last sold.
This was very helpful, thank you so much!
Can you do a video like this on using the international account on CommSec and buying US shares? Will be helpful to also include any additional things to be aware of when investing in international stocks.
Brilliant! I understand lots more now, thanks.
Thanks Jane! Glad it was helpful!
Really helpful video mate! But I have question, I want to do stock investment for long term let’s say for 10 years ahead, so what should I choose for the expiry date? Is it “good for day”?Or what is it? Thanks mate, appreciate it🥂, and what should I do if I made a mistake by choose wrong expiry date? Cheers
Thanks very clear to understand
Thanks for watching Abdul!
Thank you! That was a great video!
Very great and helpful, i just wanted to know if we can trade us stocks on Commsec ?
Hi Jevin, glad you found it useful. I believe you can although I don't have any experience in it. Please check out the CommSec website here: www.commsec.com.au/products/international-share-trading.html
I mainly have exposure to the US through ETF stocks I have purchased through the ASX.
thanks bro. love the video. keep posting such videos.
Thanks Liwei!
Nice video great simple info!!! Very easy to understand for me as a beginner
Thanks Alex! Glad you found it easy and useful.
Sanjee, great post missing the food making videos...but what are your thoughts on Australian A-Reits given what's happening to commercial property throughout the pandemic??
Hey Joel! Mate how have you been?! Yeah I pivoted away from the cooking videos because it just wasn't sustainable really. I'm more interested in investing and personal finance so it made sense to pivot this way. Yeah I'll be honest I haven't really being paying attention to REITs other than generally through what's been happening to VAP. I mean I'm guessing they'll take some kind of hit because of recent events (office rents and retail rent). But whether corporate Australia is really going to start shutting down entire commercial spaces is probably unlikely to happen. I have been looking to gain a bit more exposure to that sector - but it'll probably be through VAP or a similar index because I'm not familiar enough to look at individual REITs. Feel free to buzz me on the mobile or 03 9016 0269 if you want to chat more :) So good to hear from you mate.
My question is you were mentioning how to reduce brokerage fees, but I didn't find that video. Can you please share the strategies?
Hi yes great question. The video I did on brokerage can be found here: th-cam.com/video/PumIzzXdbHs/w-d-xo.html
The key thing is to try and find a "purchase price" for your parcel of shares that minimises how much the brokerage cost accounts for in the total transaction cost. Hope that helps.
Great Tutorial
when you sell on com sec how long does it generally take to settle for example can you buy in the morning sell in the afternoon and have the money or is there a waiting period ...
cheers
Hi LEXO, thanks for watching. It usually takes 2 days for the money to come through. I think in the situation you described you'll still need to wait for the 2 days for the money to come through. You should checkout these two articles buy CommSec where they explain it a bit more. Article on Settlement dates: www.commsec.com.au/support/frequently-asked-questions/344.html
Article on contra trades: www.commsec.com.au/support/frequently-asked-questions/22.html
This was a very good presentation and i learnt a lot from it, however when i went to place an order it said the order could not be accepted due to minimum purchase required by CommSec, do you mind explaining this a little further please
Hi Isabelle, glad you liked the video. Yes CommSec has a minimum requirement of $500 for each purchase. So when you make a purchase, the total value of the shares needs to be $500 and more. This CommSec article should help: www.commsec.com.au/support/help-centre/placing-a-trade/minimum-shares-i-can-purchase.html#
Thank you!!! Amazing tutorial. Could you pretty please do one comparing commsec and Self Wealth? Or have you already done one on Selfwealth premium
platform?
Hey Sanjee. Your videos are awesome. I started investing in ETF after looking at your videos. Can you please make some videos on S&P 500 ETF? Or recommend me the video if you have already done so. Thanks for your awesome work.
very very clear! thank you
Thanks Chris! Please also feel free to check out my CommSec tips and tricks video - now that you're a pro :) th-cam.com/video/r7l9TzulNIA/w-d-xo.html
Hi , nice video. Please, how can I buy Tesla shares in commSec ?
Hi Sanjee very useful for the beginner like me. I noticed while buy/sell on my account it shows brokerage and cost with including GST but i saw you got only Brokerage and excluding GST could you please elaborate more to me.
Thank you
Hi Ritu, my CommSec site now shows it including GST as well. CommSec must have updated their website since I did the video last year.
Very helpful. But I was hoping for advice on selling as it’s an intricate process as well: thanks
Hi Curtis, great suggestion. I plan to do a video on it soon!
Hey Sanjee,
Thank you so much for your useful videos.
I live in Melbourne and slowely slowely try to learn trades.
Do u have any tools can help me with to learn when is the best price to buy?
Also, if you have a financial advisor can help me as well, some1 i can trust.
Appricate
God bless u🙏
Thanks for the great information mate 👍.
I'm looking at investments of $1000 maybe 6x per year for the next 3 years until my home is paid off.
After that i will step up my investment to approximately $1000 per month. ( It can be monthly or a larger amount less frequently to avoid fees!).
Would you suggest pocker or consec?
Or can i transfer my pocket shares into consec at a later date without to many fees?
Awesome information!
Thanks Myda!
Great video. Could you do a video on how to buy international shares on commsec please?
Hi mate, no worries I've put it on the list. I don't think it'll be coming anytime soon though. For now I'm quite happy to invest internationally through buying international ETFs which are listed on the ASX. You can check out my video on that here: th-cam.com/video/C2ooRx227Ew/w-d-xo.html
Hi Sanjee, thank you for this video. Really helps. I have a question, can we just buy a share for the total amount less than $500 on Commsec ? Thank you
hi, can you make a tutorial on international trade, and how to transfer into international commsec account? thanks
Sure I'm planning on making a video about buying international ETFs through CommSec
@@SanjeeSen Hi very helpful video! May I know did you make the video yet? thanks!
Can you buy multiple different shares at the same time/ under the one brokerage fee? Say if I want some AFI and VAS, or would that be 2 separate brokerage fees? Cheers
Hi Alex, great question. Unfortunately that would be 2 separate brokerage fees . Similarly if you bought say 100 shares in AFI today and then bought another 100 shares in AFI tomorrow, that would also be 2 separate brokerage fees. Hope that helps.
Mate, can we order to buy shares of multiple companies? For example $200 worth of shares for one company and $300 worth of shares for another company = total $500.
Hi Sanjee, thanks for the good advise. My neighbour says that you can fill up a column where it says to sell when the shares falls to X amount, please advise on that, as well as ‘how to sell?’
Thanks very much
Hi Sanjee, thanks for sharing very useful information, though i was wondering how do you put the stop loss or initial exit point where you just set up the stock price to follow through from your entry price, once it triggered the price you'd set up you will automatically out of the position with the profit/loss, in simple terms how do you manage your risk?
Can you make a video about the ‘packs’ option on CommSec?
Certainly I'll add it to the list.
Hi Sanji, Thank you for this video. Question, does commsec international transaction charge you for subscription fee?
one question is when im at my place order share screen (6:40), at the top it's showing two commsec shares account not my CDIA account, does it matter? thanks
Does Commsec have a demo set up anywhere? Im fresh on this but woukd like to 'fake' trade.
Hi there, can u please make a video on IPO in comsec thank you. 😊😊😊
Hi Sanjee Sen, I have been interested in writing call options and I haven't quite understood how the commsec option platform works - is it possible for you to go through the procedure using the commsec option platform as you have done with the buying of shares platform?
Hi George, I'll be honest, I actually don't know how to buy options on the CommSec platform. I'm more an individual shares, ETFs and bonds investor myself. If I do do a video about it I'll be sure to let you know...but I don't have anything planned in the medium term. I'd encourage you to checkout the CommSec site in the meantime: www.commsec.com.au/accounts/eto-options-account.html
@@SanjeeSen That's OK Sanjee, Like your work on shares.
How do you buy Australian dollars on the share market?
Do you mean US dollars?
@@SanjeeSen I want to buy Australian currency as I think the Australian dollar will drop. I am probably showing my ignorance.
Hi Liam - sorry for the delayed response. Generally people just keep cash in AUD if they want to maintain their home currency. If you're worried about currency fluctuations that's more in the area of FOREX trading.
What are your views on the sharesies platform please? Significantly lower fees for smaller trades..
Hi Sanjee.
Great video and very easy to follow. I'm not sure if you can help me . I'm just about to start investing and the bank account or cdia is still a little confusing to me.
Do your dividend paid dollars or fully franked dividend dollars get paid into your cdia trading account ?
If so does the platform make it easy to print of or report at tax time for account.
And also does the cdia account act like a normal bank account so I can transfer from other banks or put money in at a branch. Could not find any info on there website that answer this.
Thanks in advance and love the videos !
Guy
Hi Guy great questions. No your dividends get paid to whatever account you setup with the share registry. You should check out my videos on "Setting up your dividends". In there I show you where to setup your bank account details in. Don't stress if you haven't set them up yet though...the money just get's held until you submit your details. Yes the CDIA account should act like a normal account you can do transfers to (it'll have a BSB and Account number). You'll end up using Netbank to do all the transfers.
Hi, thanks for the video. This may sound like a stupid question but how do I transfer money from my NAB account to my Commsec account? Do I have to transfer it to the linked commonwealth bank account first? And then over to commsec? I can't find this information anywhere
Hi, i am trying to buy my first share via CommSec. Now ... I get the following error 'order not accepted - deposit required' What do i do ? ... no video or tutorial covers what do be done in the Netbank account side before you start Commsec? I assume you have to transfer money into the CDIA account ... this correct? If so, i have done this and the money shown in the 'balance' but Zero dollars shown in 'available'. What should i do OR what is wrong?
Such a good video Sanjee! Really good info. Maybe I should do an in depth version for Nabtrade.. Quality content mate!
Thanks mate. Absolutely! Did you see the end card - I sent some your way for NAB
Sanjee Sen Oh thanks man! :D
Hey Sanjee, which company of share is worth to buy ?
very informative 👌🏻 can u please let me know how to trade US stocks coz commsec looks after ASX only
Thanks Sandeep! Check out this site :) www.commsec.com.au/products/international-share-trading.html
I've been considering buying ETFs/SCHD stocks for retirement, I have set asides $100k but somewhere along the line, I get cold feet maybe because I'm a rookie and have no idea what I'm doing, please I could really use some guideline
You can buy dividend ETFs if you don't want to get into individual stocks. My favorite is SCHD. you can use a coach as well
Hi. Could you please clarify this for me? So you execute your trade on Commsec. The purchased shares are now in your virtual possession, however, there is a 2-day delay on payment. So my question to you is Could those shares be sold on the same day even though you have not handed over a single cents for the shares?
Hi Sanjee, Can I buy S & P 500 on commsec at all ? Whats the ASX code for that please ? Thanks in advance.
Hi Kris, IVV is a good example of something that tracks S&P500 - www.blackrock.com/au/individual/products/275304/ishares-ishares-core-s-and-p-500-etf
Hi Sanjee, have you purchased any ETFs that don't sit on the ASX? If so, how has that been for you regarding the International tax requirements?
Love it Sanjee. You're a star.
Which broker would you recommend for investing on the ASX? It would be interesting to hear your thoughts regarding fees, execution, customer service etc.
Thanks Alex. Yes I’m thinking I should do a quick overview on brokers in Australia. Especially from a brokerage point of view.
How do you transfer money into your commsec account
Hi! What if the transaction is not successful within the expired date and it is cancelled? Do I loose brokerage fee?
Hi Nga, if you cancel the order before it goes through then yes you won't loose any brokerage fees.
hi Sen, I am from India. I used trade in Indian market (nifty and bank nifty options), I need information on broker with best app and less brokerage. which are the best indices (eg. nifty and banknifty) to trade options in Australian markets? What is minimum capital required to trade options?
Hey, how different is comsec pocket app from commsec?
Hi there, great question and I should probably do a full video on this sometime. The main differences I see are: 1) The Pocket app only lets you invest in 7 ETFs whereas the normal CommSec app lets you invest in all ETFs on the ASX, which is close to like 150+. 2) Brokerage rates for the pocket app seem cheaper relative to normal CommSec, especially if you consider $500+ transactions. I'd still lean towards the normal CommSec platform as it gives you more flexibility.
Sanjee Sen thanks for yours valuable response, that would be great if you make a video on it also if you can add intraday trading in it. We can learn how to earn 100-200$ a day in Asx. Looking forward