You can't purchase it through ComSec as it's just a managed fund (you'd buy an ETF through ComSec as it's traded on the stock market). To open a Vanguard account, just fill out the application form and then BPay your minimum deposit. But don't invest in an index fund unless you can sit it out for at least five years, Lewis says. "Ten is even better. [See: 7 Bond Funds to Buy as Rates Rise.] If you need the money soon, Commsec is one of the more expensive brokers (approx $20 from memory). I use CMC stockbroking which is $11, but i have heard SelfWealth is cheaper (I think $9ish). Re index funds, it seems most people on here use Vanguard. For simplicity, you might want to start out with VAS (Australian shares), or some people get something like VGS or VGAD. That means you can buy them using any share-trading platform such as commsec, you just have to know their stock ticker. I personally own shares in the SPDR 200 Fund (code STW) but the Vanguard Australian Shares Index (VAS) looks like a better deal. You may want to consider using the dividend income to buy another security such as an S&P 500 Index fund. One of the big disadvantages of most index funds is that they don’t pass dividends How to buy into Vanguard Hi there! I've got about 10k I wanted to sink into some vanguard index funds, but I wanted to know what the difference is between buying the stocks through the asx codes (ETFs) (i.e through commsec) or through the managed funds on https://www.vanguardinvestments.com.au
A Margin Loan helps you put the same principle to work with investing in shares or managed funds. For each dollar you invest through a CommSec Margin Loan, you can borrow up to an additional two dollars, multiplying your investment. That makes it possible to build a large holding surprisingly quickly. How a Margin Loan Works:
Tell me more. Why invest in managed funds? A Commonwealth Financial Planner can help you to review or establish your investment portfolio. Your first Share Trading. Trade Australian and international shares through CommSec.
30 Aug 2016 Index funds do all of that work for you, you just buy a single investment. Sure, that index has its ups and downs, but over time, it's averaged a 11 Sep 2018 Investing regularly and methodically, rain or shine, in an index fund like the S&P To get a piece of the S&P 500 on the ASX you could go for iShares S&P 500 The S&P 500 evolves over the years to include the best newer 15 Feb 2019 Just on that one $12m trade alone, he would have spent over the top trades, with member FFSF buying into the fund with a cool $1.5m at the start of 2018. Index ETF (ASX:VTS) with $1.46m, then finishes with lupinxyz buying into in brokerage, compared to if they have had traded through Commsec.