How to buy shares and ETFs with CMC App

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  • Опубліковано 3 лис 2024

КОМЕНТАРІ • 51

  • @VanillaCherryBread
    @VanillaCherryBread 2 місяці тому +39

    I have a 3 fund portfolio but I have finally decided to invest in ETFs, alongside. I’m looking at SCHD, VOO, XLK or SCHG.

    • @barbborstein7640
      @barbborstein7640 Місяць тому +7

      Awesome picks! I love SCHD, I really think the way to go is to add the growth separately, like a VGT or Individual stocks like AAPL and MSFT while keeping SCHD as the core holding.

    • @VanillaCherryBread
      @VanillaCherryBread Місяць тому +1

      @barbborstein7640 thank you! Actually would it be silly to have both?

    • @barbborstein7640
      @barbborstein7640 Місяць тому +3

      Not necessarily though there is a fair amount of overlap but that’s not necessarily a negative. It's good to have a diversified portfolio. Over the past two years, my initial deposit of 170K has grown to 890K👌Cheers

    • @henrymitchell9717
      @henrymitchell9717 Місяць тому +3

      I lost a lot chasing individual stocks and I feel pretty stupid for not understanding how investing works. I have a double major in economics but I’ve been trying to make sense of the market. Well done on profits!

    • @barbborstein7640
      @barbborstein7640 Місяць тому +1

      Keep it simple, buy things you understand, take some risk but don't try to shoot the lights out. I’m invested in equity index funds, ETFs and various high-quality stocks and use a CFA. On average, she takes 10% off earnings, but using *Lina Dineikiene's* system makes it much more hands-off. I conservatively follow her recommendations and market entry and exit points, and tbh this makes it possible for me

  • @sandunihapuarachchi1946
    @sandunihapuarachchi1946 Рік тому +8

    Thanks for the video :)
    Just to add some extra info - you get free brokerage if your trade is $1000 or less for each stock (or holding) per day.
    For example, if I buy $1000 worth of stocks of VAS and $1000 worth of VGS on the same day my brokerage is still $0 on both occasions.

    • @SanjeeSen
      @SanjeeSen  Рік тому +1

      Thanks for calling it out!

    • @MatthewVansteyn
      @MatthewVansteyn 4 місяці тому

      will it be still $0 fee if you buy the same vas and vgs under $1000 next month or so ? or only the 1st $1000 stock, have you used the cmc app ?

    • @OffGridInvestor
      @OffGridInvestor 4 місяці тому

      ​@@MatthewVansteynapparently it's just under $1000 per day. You can just string it out over a few days if you want to buy like $3000. Go in for $800 a day for several days in a row. Of course the share price might move around a bit but if there's been no dramatic changes in the few days you're doing it, you're likely not going to be out much.

  • @duanebonney
    @duanebonney 11 місяців тому +3

    Hi Sanjee.
    Could you please do a video on understanding all the CMC App pages please? I find some of it quite confusing.
    All I want to view is basic info.

  • @robinkemp6845
    @robinkemp6845 11 місяців тому +1

    Thankyou. Short, sweet and to the point.

  • @templeton2048
    @templeton2048 Рік тому +3

    CMC does what I need it for, I’m not a pro so it’s easy for me

  • @MysticalAsiaTours
    @MysticalAsiaTours 6 місяців тому +1

    Great quality video, thanks Sanjee. Just out of curiosity, what mic did you use for this video? Your voice is so clear!

  • @zalandekhlass
    @zalandekhlass Рік тому +2

    What are your thoughts on Interactive Brokers and their fee structures? (IBKR)

    • @SanjeeSen
      @SanjeeSen  Рік тому +1

      My first take is it does a lot of things that I probably don’t need since I mainly invest on the ASX. Any international exposure I have is through ETFs listed on the ASX.

  • @dankodikara7492
    @dankodikara7492 2 місяці тому

    Thank you Sanjee

  • @duanebonney
    @duanebonney 10 місяців тому

    Hi Sanjee.
    CMC offer Crypto to buy.
    Do you recommend going through this platform for Crypto?
    I know that CMC’s Brokerage fees are 0.9 percent.
    Spreading fee is 0.6 Percent on weekdays and 1.2 Percent on weekends….

  • @jorgeovalle85
    @jorgeovalle85 4 місяці тому

    Is it still a good app to invest? Thanks

  • @rabindra1990
    @rabindra1990 5 місяців тому

    Is CMC better than any other broker in AUS?

  • @Guitar4life99
    @Guitar4life99 5 місяців тому

    Hey there, thanks for the information. Having a bit of trouble though understanding the most effective way to setup orders outside of market time, due to my work schedule I'm never available during those hours. I'm new to investing and through maybe there was also a way to setup auto investing in the cmc markets app on the phone, but I can't for the life of me figure that out, is it even possible?

  • @vipinvarghese81
    @vipinvarghese81 Рік тому

    Hey Sanjee, good work. which broker has the best charts, especially requires for short term trading. Or do any third party apps work in Aus? eg: trading view. Thank you

    • @SanjeeSen
      @SanjeeSen  Рік тому

      Hi Vipin, I've not really used these platforms for charts. But I've noticed CMC's charting tool is a lot more advanced than the CommSec one I used to use. I'm probably not the best person to ask about this. Hopefully someone else can comment below with their thoughts too.

    • @OffGridInvestor
      @OffGridInvestor 4 місяці тому

      Try Google Finance. It's like part of the Google search engine but you can install it as an app and it will basically run using chrome. I have had 5 different companies all compared against each other on the one page. I find the smallcaps website is good too. Tells you in real detail about the company and if it's mining, exactly where it's mines are and what percentage ownership if it's multiple owners.

  • @jigmethinley3970
    @jigmethinley3970 Рік тому

    Hey Sanjee,
    I can't trade via my commsec mobile app as it says ' You're trying to trade using commsec pocket account'
    How can I solve issue?
    Cheers

  • @christianiriarte8743
    @christianiriarte8743 9 місяців тому

    Hey Sanjen looking to start investing in US etfs using CMC. My dollar cost averaging won’t allow me to buy a full share of one of my etfs and I don’t think CMC ables me to buy fractional shares.. Is this true or?

  • @adsy6819
    @adsy6819 Рік тому

    Brokerage is “first buy order under $1,000, per ETF, per trading day”. As I understand it if you bought another ETF

    • @SanjeeSen
      @SanjeeSen  Рік тому

      Thanks for clarifying that. Yes I believe all purchases usually have a minimum of $500 per transaction.

  • @venniv.krishna3594
    @venniv.krishna3594 6 місяців тому

    hi Sangee, how about doing a video on returns on ETFs

  • @huzlfinance
    @huzlfinance Рік тому

    Could you do the same walkthrough for IBKR in the future brother? Thanks.

    • @SanjeeSen
      @SanjeeSen  Рік тому

      I’ll have a look. I don’t normally use things outside of CMC though

  • @MISVRX100
    @MISVRX100 11 місяців тому +3

    Hi, I am new to CMC, I have only put a small amount into my account and I can’t seem to add funds into any shares. And it’s really frustrating as I only wanted to start of small to start with. I’m trying to work out what I’m doing wrong

    • @rodrigofernandez9934
      @rodrigofernandez9934 9 місяців тому +2

      The order has to be for $500 or more if you don’t already own that particular stock (ASX rule)

    • @DF-ep3kk
      @DF-ep3kk 8 місяців тому +1

      And if you want to buy USA shares it’s a minimum of $1000 each time.

  • @tejateja1680
    @tejateja1680 7 місяців тому

    Can you do any video related to food stocks

  • @AngelicaKB
    @AngelicaKB 5 місяців тому

    Thank you!

  • @mribulu7647
    @mribulu7647 10 місяців тому

    Just trying to understand, once i have done my first trade under $1000 on the day, it means if i trade same amount the next day i will pay a brokarage fee?

    • @OffGridInvestor
      @OffGridInvestor 4 місяці тому

      Apparently not. People wanting to buy $2000-$3000 are actually stringing it slowly over a few days doing one trade per day under $1000. But it's is a 1 per day deal.

  • @Nidhinmj
    @Nidhinmj 7 місяців тому +2

    After buying stock for $500 CMC not letting me buy for less than $500 same stock 😮

    • @nabilahamdani
      @nabilahamdani 7 місяців тому

      Am not the only one.

    • @OffGridInvestor
      @OffGridInvestor 4 місяці тому

      That's an ASX rule. No trades under $500.

    • @OffGridInvestor
      @OffGridInvestor 4 місяці тому

      ​@@nabilahamdaniit's an ASX rule. No buy trades under $500.

  • @pritpalsingh6483
    @pritpalsingh6483 Рік тому +1

    Bro please make video on VGS vs BGBL

    • @SanjeeSen
      @SanjeeSen  Рік тому

      Certainly will add it to the list

  • @ankurpatel3262
    @ankurpatel3262 8 місяців тому

    Does cmc allow bitcoin etf investment?

    • @DF-ep3kk
      @DF-ep3kk 8 місяців тому

      Yes. You just buy them like you would US shares.

  • @SHperth
    @SHperth 6 місяців тому

    Why does mine has a macquirie bank account not ANZ one?

    • @OffGridInvestor
      @OffGridInvestor 4 місяці тому

      Screw Macquarie and St George. 2 of the worst banks in Australia.