What are CHESS sponsored shares?
‘CHESS’ stands for Clearing House Electronic Subregister System. What this means is that it’s a computer system that facilitates the buying and selling of shares on the Australian Securities Exchange (ASX).
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‘CHESS’ stands for Clearing House Electronic Subregister System. What this means is that it’s a computer system that facilitates the buying and selling of shares on the Australian Securities Exchange (ASX).
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When researching brokerage platforms, you've probably heard that Australian shares are either CHESS sponsored or in a custodial model. As an investor, understanding the difference between the two can help you to decide what brokerage platform you might prefer. Let’s examine them.
In share trading, a Holder Identification Number (HIN) serves as a unique identifier assigned to anyone who purchases shares on the Australian Securities Exchange (ASX). Understanding your HIN is crucial for managing your investments effectively.
Investing in the stock market can be a good way of storing wealth. However, most working-age adults don’t have the time to research individual companies and consistently pick winners. That’s why a lot of retail investors will generally opt for a managed fund.
Portfolio diversification is one of the central tenets of the share trading world. It’s a time-tested strategy that serves to mitigate risk by balancing a portfolio of investments, ultimately generating stable returns.
Over the past few years, the popularity of cryptocurrency (like Bitcoin) has exploded amongst those in the share trading world. However, the volatility of many digital currencies has forced investors to look for more stable ways to purchase crypto.
The share market is characterised by regular bouts of volatility, and even the most experienced traders sometimes have difficulty pinpointing the best times to invest. One strategy for dealing with this uncertainty is dollar-cost averaging (DCA).
‘Buying the dip’ means investing in a company when it drops in value due to wider concerns within the market, rather than investors jumping ship from said company due to performance concerns over the long run.
Whether you're a seasoned investor, or a complete beginner, you'll likely want to consider where your money goes and what it invests in.
Your comprehensive guide to share trading and stock market investing for beginners in 2022.
Getting started in the world of share trading can be exciting, but what could potentially slow your enthusiasm is all the jargon that gets thrown around in the process.
Thinking about trying your hand at share trading? Whether you’re interested in day trading or looking to invest over the long-term, it’s not exactly something you can jump into without a good amount of direction and planning.
From virtual chatbots which streamline customer service and support to computer generated investment advice Australians are increasingly interacting with robots in the day-to-day management of our money.
With savings account rates sitting at an average rate of 3.59% in our database*, it’s no wonder many Australians take to the stock market as a way of growing their savings. According to marketindex, the Australian share market has delivered an average return of 13% per annum since 1900, so investing in shares can be a pathway to consider for wealth building.
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Plenty of online share trading platforms offer mobile apps these days, meaning it’s now possible to trade, check your positions, and research your next move from virtually anywhere.
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Dividends can be a reliable source of income for investors, but they can also be a powerful tool for growing your portfolio. One of the most effective ways to leverage dividends is through dividend reinvestment plans (DRIP) and the concept of a dividend snowball.
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One way Aussie investors try to diversify is by investing both locally and internationally. While you may only have access to Australian and US markets in a lot of cases, these both offer a wide selection of stocks and ETFs to choose from. For instance, the US stock market accounts for nearly 60% of the international stock market by size* .
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