Piggy Wise

Investing

Commsec Pocket review & why it’s not worth it.

Commsec has come with a new app called the Commsec pocket, in July 2019. Press has been calling it as innovation targeted at millennial's and also at people who are earning less but would like to get into investing. I have seen lots of praises on the internet about the Commsec Pocket and its capabilities to enhance your ability to grow wealth. In his interview with CIO, Richard Burns, executive general manager at CommSec describes it as “CommSec Pocket is our latest innovation that will help empower more Australians to grow their wealth. We will continue to listen to our customers and …

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Best CFD broker Australia

To find the best low-cost CFD broker in Australia, I have done the research to show you the different costs that you will incur as part of your trading with CFD brokers. Also, if you are trading from a country other than Australia the Commissions and interest rates will be different from what you see below. I have narrowed down to the top 5 low-cost brokers from all possible providers. I have gone through the process of elimination based on their platform, instruments available to trade and their cost. …

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Top 9 free tools for ASX Investors

There is no better thing than finding free tools that compliment your investing journey. Today we will look at the top 11 free resources that you can use to complement your investing analysis. If you haven’t subscribed yet, please subscribe to the newsletter to know more about personal finance, trading and investing. The criteria that I used is quite simple. First, the program must be free of cost and the essential features most investors use are included free of charge. Secondly, there is a lot of software that supports American and other markets very few support ASX. So all …

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First home buyer concession, Should you BUY property NOW?

Last week the NSW government has introduced changes on stamp duty for first home buyers. Whenever they do these changes it muddles the house prices, the dynamics of   Supply and demand is shifted, chances are you have no idea how much you will lose buying a house at this time. So currently if you are a first home buyer and purchasing the property below $650,000 there is no stamp duty. Similarly, if the property cost is up to $800,000 you will receive some concession. Good news for first home buyers, the NSW government has increased the threshold for properties purchased …

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How to Open NRI DEMAT Account, Tax on DEMAT

If you are an NRI and you are interested in investing in Indian markets then this post will help you in opening an NRI DEMAT account, I have not only done the research but I have also opened an NRI DEMAT account and today I trade using these accounts. In this post we will look at what NRI is,  the DEMAT process,  how to open an account, the cost of DEMAT with different brokers as an NRI and in the end, I will also share with you the challenges that I have faced to open an NRI DEMAT account. Who is an NRI?  An NRI/Non-resident India is a person who is staying away from …

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How to buy stocks during the market crash [ step by step my strategy]

I have recently published a video to look at the market crash and provide a strategy to invest when the market crashes either because of pandemic or GFC. Australian Market (ASX) took 10 years to get back to its GFC highs before the investors could cherish the new highs pandemic crashed the whole market again. I am not a fundamental analyst to understand the strength of a company or filter out the most undervalued stocks yet solid shares. I will show you how you can combine both Fundamental analyses with technical analysis to buy shares during the market crash even though you are not a …

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