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Leighton

๐Ÿ‘ค Speaker
118 total appearances

Appearances Over Time

Podcast Appearances

Keep The Change
How To Get Started Investing In New Zealand: Sharesies Founder

So deposit some money into the platform and make an amount of money that people are comfortable with, you know, and as soon as it's there, invest it into something.

Keep The Change
How To Get Started Investing In New Zealand: Sharesies Founder

And there's lots of options.

Keep The Change
How To Get Started Investing In New Zealand: Sharesies Founder

Choose a company, choose a fund, it doesn't matter.

Keep The Change
How To Get Started Investing In New Zealand: Sharesies Founder

But if you do that, getting over that hurdle just increases your chances of becoming an investor over time so much more.

Keep The Change
How To Get Started Investing In New Zealand: Sharesies Founder

I think it sounds really simple, but it's true, is that overthinking becomes the enemy.

Keep The Change
How To Get Started Investing In New Zealand: Sharesies Founder

And...

Keep The Change
How To Get Started Investing In New Zealand: Sharesies Founder

uh action is the antidote to anxiety yeah yeah yeah you read the same stuff yeah um but that's right that uh taking action on it so uh it you know it shows just through the data as well and it's the same things for it's no different with money than what it is in any other aspects of our life

Keep The Change
How To Get Started Investing In New Zealand: Sharesies Founder

Exactly the same.

Keep The Change
How To Get Started Investing In New Zealand: Sharesies Founder

And the other thing that people can do,

Keep The Change
How To Get Started Investing In New Zealand: Sharesies Founder

right off the bat is take that action to set something up automatic so you don't have to come back and rethink about it or overthink it again and you can use like an advised portfolio so that means you know someone is looking over it we are looking over it and then you'll get information when you need it but that was like just that building confidence is

Keep The Change
How To Get Started Investing In New Zealand: Sharesies Founder

is great, and as that confidence comes, act on it.

Keep The Change
How To Get Started Investing In New Zealand: Sharesies Founder

Yeah, so it's an option in the product that's about to be released, so it's just in a closed beta, so only a few people have it at the moment, but you'll go in there, it'll say get advice, you'll be asked about five or six questions, and it'll recommend a portfolio for you.

Keep The Change
How To Get Started Investing In New Zealand: Sharesies Founder

It'll tell you what's in that portfolio, you can change it a little bit if you like, but

Keep The Change
How To Get Started Investing In New Zealand: Sharesies Founder

If you don't want to, you can just start.

Keep The Change
How To Get Started Investing In New Zealand: Sharesies Founder

Look, the size of the portfolio changes.

Keep The Change
How To Get Started Investing In New Zealand: Sharesies Founder

makes almost no difference on how people behave.

Keep The Change
How To Get Started Investing In New Zealand: Sharesies Founder

One thing I know from speaking to people with a lot of money on there is the way they think about it is way less about what the company is worth at any given time or the fund is worth at any given time and way more about just the number of something they hold.

Keep The Change
How To Get Started Investing In New Zealand: Sharesies Founder

So like I now own 10,000 Meridian shares or something like that.

Keep The Change
How To Get Started Investing In New Zealand: Sharesies Founder

And

Keep The Change
How To Get Started Investing In New Zealand: Sharesies Founder

then the question becomes, or 10,000 units in a generate fund, or whatever that is.