Re:BlackRock Backs a Startup to Find Out What Young Investor...
by toomanybeersies on Friday May 11, 2018 @02:22AM
(#17045309)
Back when I was living in New Zealand, this was basically possible.
I could get my bank to round up all my debit card transactions to the nearest $1 to $10, and put that money into a savings account. I could then transfer all that money from my savings account at the end of the month into Sharesies [0], an ETF investment platform, where the minimum investment is $5.
It's not quite seamless, but it's close to seamless. I wouldn't want it to be more automatic than that, personally.
I could get my bank to round up all my debit card transactions to the nearest $1 to $10, and put that money into a savings account. I could then transfer all that money from my savings account at the end of the month into Sharesies [0], an ETF investment platform, where the minimum investment is $5.
It's not quite seamless, but it's close to seamless. I wouldn't want it to be more automatic than that, personally.
[0] https://www.sharesies.nz/