US Share and ETF Buying Guide for New Zealanders

Hatch Full Review is an informative article aimed at individuals in New Zealand who are interested in buying US shares and ETFs. With an easy-to-navigate interface and a user-friendly platform, Hatch has emerged as a popular choice among investors in the country. In this article, we will delve into the features, benefits, and potential drawbacks of using Hatch for investing in the US market. Whether you are a seasoned investor or a beginner, this review will provide you with the essential information you need before making any investment decisions with Hatch.

Have you ever wondered how to purchase shares in US companies such as Facebook Apple or Microsoft from New Zealand in this video I’ll be doing a review on the New Zealand investing platform hatch patch is a platform used for purchasing US shares and exchange-traded funds also

Known as ETFs I’ll be going over its features fees the pros and cons and who the platform is most suited for hi everyone my name is Henk and welcome back to my channel on this channel I’ll be doing reviews on investment products available in New Zealand so if this type of content is

Useful for you be sure to LIKE and subscribe now let’s get back to the video patch is kiwi wealth investing platform for purchasing company shares and ETFs on the US market currently it offers more than two thousand and nine hundred different company shares and more than 500 different ETFs Kiwi wealth is a

Sister company to Kiwi Bank which both fall under the Kiwi group holdings and is a hundred percent owned and operated by Kiwis hatch is partnered with the u.s. broker drive wealth for managing shares that you purchase and australia-based for an exchange provider world-first for converting New Zealand to US Dollars a

Question you might be asking is that is my money secured when it’s been held overseas in case of a us-based broker going bankrupt the security investor Protection corporation s IPC ensures loss of cash and shares from a customer of up to five hundred thousand US dollars however if you have losses

In the share market because the price of a share goes down that is not insured opening an account with hatch is extremely easy or application can be done online all you need to be is a New Zealand tax residence with a New Zealand driver’s license or a passport deposits

For personal hatch accounts can only be done through bank accounts under the same name and the money will be automatically exchanged to u.s. dollars hatch will provide you with a rough estimate of the exchange rate and how much you would get foreign exchanges are carried out daily but may take up to

Three days to show up in your account depending on what time you make your deposit a withdrawal on the other hand can take up to four working days to show up in your New Zealand bank account I am here in the hatch interface and to purchase a share or etf go to browse

Share to look at a list of the companies on offer you can use the search bar to search for a particular company or you can look through the megatrends or look through the different industry so I’m going to search for Facebook company here and to purchase a share from Facebook

I can go to buy and there are two ways to purchase a share there’s the market buy and limit by the first method is market buy where you simply enter the amount of money that you want to spend on this year and hatch will calculate the fees and purchase the

Shares with at that amount at the market price so if I want to spend $60 on the Facebook share the estimated fee will be 63 US dollars you can purchase fractional shares which means that if you don’t have the full amount for a share you can still buy a fraction of it

The second method is buying with limit by here you need to specify the number of shares that you want to purchase and the price that you want to pay if the market price matches your bid price your purchase order will go through here I can specify if I want one share of

Facebook and I wanted a hundred and ninety seven dollars so it will show the fee required and the total amount that I knew would need to purchase the limit buying one thing to note here that you have to purchase whole shares with limits by which could be an issue if the

Price of the particular shoe is very expensive purchase orders get carried out when the US market is open from 9:30 a.m. to 4:00 p.m. Eastern Time which is equivalent 1:30 a.m. to 8:00 a.m. during New Zealand winter and 3:30 a.m. to 10:00 a.m. during New Zealand summer if

An order is placed outside of these times it’ll get processed next time the US market opens depending on many different market factors the price may or may not be the same as the previous closing price fees for hatch come in three categories the first category are the brokerage fees which

Are the fees for buying and selling shares buying or selling a fraction of a sheer cost three u.s. dollars buying or selling more than one share including fractions over a sheer cost eight US dollars if you purchase more than 400 shares there is an additional 0.02 u.s.

Dollar fee per share this creates an interesting situation where it’s actually cheaper to buy more expensive shares compared to cheap shares as long as you only buy a fraction of the share and not the whole share the second category are the exchange fees there is a 0.5% exchange fee when exchanging from

New Zealand Dollars to US Dollars and the other way back for example if one New Zealand Dollars get you 0.7 US dollars on the market Hatcher’s rate would be one New Zealand dollar equals zero point six nine six five US Dollars and here’s the calculations that go with

It so if you deposited 10,000 New Zealand Dollars you would end up getting six thousand nine hundred and sixty-five u.s. dollars when you sell a share the money will sit in your account as US dollars so you can either purchase other shares or exchange back to New Zealand

Dollars when the exchange rates are favourable the last category of fees includes the tax reporting fees hatch takes care of the u.s. tax requirements so that you don’t have to do it yourself there is a one-off one dollar fifty US dollar fee or the compulsory w8

In tax form and an annual 0.5 US dollar fee for processing the US tax return let’s look at the pros and cons of the hatch platform so for the pros first of all you can purchase more than 3000 different US company shares and ETFs secondly you can purchase partial shares

Which is very good if a particular share is very expensive they have a lower exchange fee compared to other brokers such as ASB securities and ANZ direct broking hatch also takes care of the u.s. tax requirements for you so you don’t have to do it yourself and there

Is no account management fee for the cons currently only the US share market is available there’s no Australia European or emerging market shares although there may be an ETF that covers those markets there is no app for them currently only a web-based interface buying a whole share cost significantly

More in terms of brokerage fee than buying a partial share and you have to purchase whole shares with limit by funding and withdrawing from an account can take up to a few days and you have to do research yourself on which shares to buy now I have some videos on that

Topic so be sure to check them out at the moment they are not that many platforms that allows trading of us shares with a New Zealand and hatch is one of the easiest to use since you don’t have to fiddle around with wire transfer to overseas accounts patch is

Best for investors that are looking to purchase US shares and ETFs that are not available on other New Zealand investing platforms such as smart shares or invest now but brokerage fees can be quite high unless you are investing a few hundred worth of shares if you want to trade

Shares at a more accurate market price instead of just placing a buy order where the price can change widely overnight it’s probably best to do your trades early in the morning in New Zealand around 6:00 or 7:00 a.m. before the US market closes since I wouldn’t really recommend people staying up till

Early hours New Zealand time just a way for the US market to open if you are interested in signing up to hatch I have included a link down in the description below thank you so much for watching and I’ll see you in the next video

Hatch Full Review provides an in-depth analysis of how to buy US shares and ETFs in New Zealand. The review highlights the user-friendly interface and low fees offered by Hatch, making it an attractive platform for investors. Additionally, it emphasizes the diverse investment options available, allowing users to access a wide range of US companies and sectors. Overall, Hatch Full Review presents a comprehensive overview of the platform, showcasing its benefits and potential for investors in New Zealand.

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