Hi all, I have a question.
New micro share platforms (Sharesies, Raiz, Spaceship, CommSec Pocket, etc.) are great for getting into the share market with minimal initial investment. But if you enough money to invest directly in shares, say $5k or more, is it better to use the more traditional platforms that are CHESS sponsored (like the original CommSec)?
I understand it makes some differences with tax, but not sure what.
What should I know about CHESS sponsorship? I’ve only discovered it while researching to write this!