
What are the best options for DIY NZ share investors in 2023?
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<p><strong>Each week BusinessDesk and the NZ Herald’s Cooking the Books podcast tackles a different money problem. Today, it’s how to figure out which online platform to invest through. Hosted by Frances Cook.</strong></p> <p>The last couple of years has seen a boom in DIY shares investors dabbling in the market.</p> <p>One reason is the increased information out there, and people understanding that they need to invest their money in order to get ahead.</p> <p>But another key reason is the growth in new, online platforms that let you invest with whatever small change you have at the end of the week.</p> <p>That’s been a gamechanger, letting the little guy get in on the game and start building wealth.</p> <p>But there’s been a change recently. Both Sharesies and Stake, typically the hero of those small time investors, have announced a big change on the fees they charge.</p> <p>Now anyone who’s read my books knows where I’m going with this – fees are a big deal. Many people will ignore them, but they’re a hidden way to lose a lot of money when you’re investing, so you’ve got to keep an eye on them.</p> <p>So seeing as those all-important fees are changing, it’s time to take stock.</p> <p>What platforms are out there, and what do you need to know to pick the best one for you?</p> <p>For the latest podcast, I talked to Chris Walsh from Money Hub.</p> <p>If you have a question about this podcast, or a question you'd like answered in the next one, come and talk to me about it. I'm on <a href="https://www.facebook.com/FrancesCookNZ/">Facebook here</a>, <a href="https://www.instagram.com/francescooknz/">Instagram here</a>, and <a href="https://twitter.com/FrancesCook">Twitter here</a>.</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>
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What are the best options for DIY NZ share investors in 2023?
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