A New String to Your Financial Bow
For those who live in New Zealand, there is an investment which is ideal for those who want to get into the sharemarket but don’t have much money to start with. It is Sharesies where you are able to drip feed money into the market without committing yourself to any set amount per week though you can have money direct credited into sharesies if you choose.
It costs $30 NZ to register with Sharesies. This is payable per annum. You will have a choice of investing in medium risk and high risk shares. The minimum amount you can invest in a share is $5.
There is more than 30,000 Kiwis who are registered with Sharesies. 80% of these are aged under 40 but the investors range in age from 18-80. I believe sharesies may be looking at entering the US market at some stage so if you are from that country and want another string to your financial bow then sharesies may ber what you are looking for. Check out sharesies on www.sharesies.nz