$0 Brokerage on Commsec Pocket ETFs @ Commsec Pocket App or CommBank App

1171
$0 Brokerage on Commsec Pocket ETFs @ Commsec Pocket App or CommBank App
Go to Deal
Lfoobat on 22/04/2026 - 10:51 commsec.com.au (1106 clicks)
Last edited 22/04/2026 - 13:05 by 2 other users

CommSec has launched a $0 brokerage offer for CommSec Pocket ETFs running from 20 April 2026 until 17 July 2026.

(Normally $2 per trade (up to $1,000), then trades over $1,000 are charged at 0.20% of the trade value.)

The ETFs available:

  • Aussie Top 200 (IOZ)
  • Aussie Dividends (SYI)
  • Tech Savvy (NDQ)
  • Global 100 (IOO)
  • Emerging Markets (IEM)
  • Health Wise (IXJ)
  • Sustainability Leaders (ETHI)
  • Diversified Equities (DHHF) – All-in-one (8,000+ stocks) - [Personally my main ETF]
  • Aussie Sustainability (GRNV)
  • Aussie Corporate Bonds (CRED)
Financial Brokerage Exchange Traded Fund Investment

Related Stores

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Comments

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Search through all the comments in this post.
  • LostyJai on 22/04/2026 - 10:54

    CMC Invest (Australia) offers $0 brokerage on the first buy order of ASX-listed shares and ETFs up to $1,000 per security, per day.
    https://www.cmcmarkets.com/en-au/stockbroking#:~:text=What%2….

    • 26
    • ATangk on 22/04/2026 - 11:42

      $11 or 0.1% for all selling is still steep. You'd have to sell $11000 at once to pay the minimum of $11.

      Webull has free Aus ETF buy/sell with no limits.

      • 8
      • BepisCola on 22/04/2026 - 12:09

        For buy and hold investment like an ETF that’s kind of irrelevant, in 10+ years when you want to sell you can simply transfer them to a different broker and then sell them anyway

        • 6
        • muwu on 22/04/2026 - 12:13

          Transfer fees between brokers do exist, at least with some (including CMC). Whether they can be avoided when sticking to our CHESS sustem, is another question and relies on a variety of factors.

          • -2
          • BepisCola on 22/04/2026 - 12:16

            @muwu: No, the $55 transfer fee is for an off-market transfer, to a different individual or entity - I.e if I wanted to transfer shares to my partner that would be an OMT and I would need to pay the $55.

            Transferring to an account in my own name with another broker is free (as is the case for any CHESS sponsored broker as far as I know)

            • 0
            • Sweetnsour on 22/04/2026 - 20:19

              @BepisCola: CMC Markets charge a transfer out fee of $100 per holding on international listed products. Each holding must be over AU$10,000 in order to transfer the shares off platform.

              A fee of $55 per holding applies for Australian listed products, where the stock transfer is leaving CMC Markets to another broker, Issuer sponsored holding or between CMC accounts.

              I believe it was free. But brokers have started to charge this fee. IG Markets introduced this fee last year too. Same for Stake.

              • -1
              • BepisCola on 23/04/2026 - 06:18

                @Sweetnsour: Nobody in this thread was talking about international shares as the post is about ASX listed ETFs, they all have big fat fees for transferring international shares afaik.

                $55 is for off market transfers as I said. You can confirm it with them yourself if you would like.

                • 1
            • wongcr on 23/04/2026 - 08:26

              @BepisCola: Nope, still costs $55 - it's an ASX thing. I transferred between my 2 commsec accounts. Same broker, different accounts. And still cost $

              • 0
              • BepisCola on 23/04/2026 - 10:17

                @wongcr: Yes, because it sounds like there was a change in beneficial ownership - which is an off-market transfer - as I said before. That is different from a transfer where there is no change in beneficial ownership.

                • 1
        • ATangk on 22/04/2026 - 12:14

          Buy/Sell shares is 0.03% with Webull, which makes it cheaper anyways. The 'free $1000' is misleading at best, if you have such steep selling fees.

          • -1
      • cmoddoo on 22/04/2026 - 19:27

        Look, everyone need to make money. If webull charge nothing to buy or sell, how do they make money?

        I can see them going bust and even if you have it registered in your name (CHESS) it may take you some time to recover it.

        Its fair to pay brokerage at sell imo. If you think 0.1% is high. Wait until you see fees you'd pay to exit investment property (agent fees, and other fees). Its part and parcel, deductible costs. I'd rather use a company that I can see have revenue to cover their costs of offering the service. I don't feel the entitlement to use their service for 20-30 years and not pay them anything in return.

        • 2
        • ATangk on 22/04/2026 - 21:27

          They have other products. Even expanding into crypto. Its just like a loss-leader.

          • 0
        • smashedpotato on 23/04/2026 - 10:21

          Agreed. I probably push it a bit too far but that’s one of the reasons why I’ve stuck with CommSec in spite of its higher brokerage fees.

          • 0
    • muwu on 22/04/2026 - 11:51

      CMC $0 broke. buys <$1,000 good for starters looking to build with small regular DCAs.

      I've fielded this question many times…

      Take a look at CMCs sell fees - 0.1%. If you stay with CMC long-term, imagine what you'll pay in percentaged brokerage after you've made many years of contributions and been through some sharemarket cycles and achieved compounded growth in your portfolio's value.

      Second, take a look at CMC's transfer fees, if you'd like to move to another broker without selling. They state $55 per ASX holding (more for international). Because of CHESS and where you intend to transfer to, and how you do it, this transfer fee may possibly be avoided.

      Now, consider the up-front cost difference of CMC compared to other low-cost, reputable brokers. Let's take Pearler and SelfWealth, established Aussie brokers used by many. Pearler has flat $6.50 brokerage on buys and sells, no percentage fee, no transfer fees. SelfWealth has flat $9.50 brokerage on buys and sells, no percentage fee, no transfer fees. So, you're savings on brokerage may be as little as $6.50 per buy!

      And now, lastly, consider the magnitude of growth you may be exposing to the more complicated fee structure of your chosen broker. That will be variable depending on investor, performance, and time and compounding. Say, an investor who is middle-to-late working age has a $500,000 portfolio (it could certainly be a lot more, but we're being conservative with figures). Those holdings sold on CMC at 0.1% sell orders will total fees of $500 (before capital gains tax).

      TLDR: if you're focusing on brokerage fees, you're picking up pennies in front of a steam roller.

      A Pearler and a SelfWealth are not making profit margins on their single digit brokerage fees (at least not in the low volume trades of a long-term investor), it covers the cost of providing the product to you. Free brokerage usually means you are the product and the cost is recouped (likely with profit) at the back-end.

      Just get investing, appreciate that the entirely insubstantial cost of brokerage is the value of the service you're using (like getting a coffee or a few litres of petrol), market growth and compounding is what matters (i.e. time) so get on with it today, and anyway you'll get to add the brokerage amount to your investment's cost base whenever you sell (i.e. it'll reduce your capital gains tax payable).

      Happy investing 👍

      • 6
      • LostyJai on 22/04/2026 - 12:03

        Please correct me I'm wrong as it appears you have looked into this more extensively than me.

        As per your example with a portfolio of $500k, lets be conservative and say you bought $10k each year @ $6.50 brokerage, which equates to $325 over the lifetime.

        Assuming you only bought VGS and VAS, and it costs $55 to transfer each holding out of CMC. Wouldn't it still be cheaper to pay $110 to transfer out to another broker (Pearler), then pay the $6.50 brokerage to sell.

        • 0
        • muwu on 22/04/2026 - 12:11

          How many $10k buys would you need to achieve a $500k portfolio, over say 20-30 years. Less than x50. The compounded growth will be most of this $500k value. So the total brokerage fee will be much less.

          That's just this example.

          But, more to the point. It's the difference between a simplified very low-cost fee up-front, versus a more complicated fee structure that may catch you later at a much more appreciable amount.

          • 0
          • LostyJai on 22/04/2026 - 12:18

            @muwu: So at the end of the day it's a number crunch on whether you will spend more than $55 in brokerage per ETF over its lifetime (8-9 trades @ $6.50).

            I DCA 1-2 trades a month. If I paid the $6.50 brokerage I'd be out $78-$156 each year.

            So CMC works out better for me. When I need to sell in however many years time, I'll pay the $55 and transfer it out to a cheaper brokerage.

            • 0
            • muwu on 22/04/2026 - 12:26

              @LostyJai: Maybe it's not $55 (I mean, at least it won't adjusted for inflation). Maybe it's a percentage fee instead. Maybe you can't transfer. Maybe you pay the sell percentaged fee.

              That's the whole point. That $6 or $9 brokerage fee has value because it's known (and oh so small and insubstantial) and removes this more complicated future risk, and also removes the mental load of us trying to do some fragile mathematical projection on how this may play out with CMC (all for the sake of saving a coffee on the buy-in). You get it!

              • 1
              • sssx on 22/04/2026 - 23:32

                @muwu: You're saying there's a future risk with CMC because they may change the transfer out rules/fees? Surely the future risk exists with Pearler and SelfWealth too, as they could also change their fees etc in the future.

                • 0
      • prozerran on 22/04/2026 - 12:27

        to transfer holdings from one CHESS broker to another is generally free eg CMC to commsec - initiate transfer from commsec.

        The transfer free they are talking about is off market - eg from a holding from person A to person B (off market) - or from one entity to another entity not in the same name.

        • 5
        • muwu on 22/04/2026 - 12:34

          Yes, I believe you're likely right. It's why I mentioned that it (transfer fees) may be avoided. The discussion of how that works with the CHESS system is a bit more complicated, which is why I omitted the lengthier explanation.

          … generally free

          Exactly. And that's the sticker. That future process you're planning (to save on the $6-9 brokerage) relies on your research and understanding of the system (every retail investor shouldn't be expected to be a student of Australia's CHESS system), it's subject to change (like everything in the future), and it may or may not be executed exactly to your understanding or expectations.

          Which, again, comes down to the point of low-cost brokerage. It's insubstantial to your investments, and it eliminates a more complicated future fee risk, both as a reality of your investing and on your mental load (which should be focused on your investing decisions).

          • -2
    • netjock on 22/04/2026 - 13:46

      Also not give CBA anymore money so they can offshore jobs

      • 0
      • muwu on 22/04/2026 - 13:48

        But then they can increase their share price and dividends, which you're investing in! 😅

        • 0
        • netjock on 22/04/2026 - 13:55

          If I were you I wouldn't. Globally a lot of banks have double their share price in the last 2 years but not CBA. CBA is way over price for what you are getting. It is basically a building society pretending to be a bank.

          Look at it this way.
          HSBC profit USD$32bn
          CBA profit AUD$10bn (USD$7bn approx at 0.7 FX)

          Market capitalisation
          HSBC US$311bn
          CBA AU$259bn (US$181bn)

          CBA profit is 22% but market cap is 60% so what is people paying for? HSBC has Europe / Asia / US banking with commercial (trade) bank, retail and investment bank.

          • 1
          • muwu on 22/04/2026 - 13:59

            @netjock: I certainly understand the over-valued assessment of CBA.

            Value investors won't touch it. Growth investors have bought it but are now less likely. Quality investors do buy it. Index investors buy it by market cap and adjust according to market cap.

            Decide what type of investor you are…

            • 0
  • Wiadro on 22/04/2026 - 10:55

    how much and what do i buy

    • 0
    • tunzafun001 on 22/04/2026 - 11:11

      Surely a terrible time to buy?

      Energy prices spiking… Rate rise/s inevitable…

      Yet we are at or near a market all time high?

      I don't get it….

      • -5
      • tightm8 on 22/04/2026 - 11:16

        We are at all time highs because there is so much 'lazy' money going into equities via etf's.

        Starting with Super, where 12% of our salaries are being pumped into equities and other investments every year.

        • 7
        • McMaferMur on 22/04/2026 - 11:18

          i thought we are at low due to Trump ?

          • 0
          • tightm8 on 22/04/2026 - 11:20

            @McMaferMur: We are at like 4% below all time highs… hardly a dent

            • 2
          • muwu on 22/04/2026 - 12:05

            @McMaferMur: Highs? Lows?

            Go look at index charts zoomed out over the last century and more.

            We're either at a high now, or approaching a new high. Lows only exist in the short-term, if they're altering your investing behaviour, you might need to lift your gaze a little higher.

            • 4
        • muwu on 22/04/2026 - 12:02

          Read: The index fund bubble fallacy.

          Go understand why that one doesn't hold up 👉

          • -1
          • skid on 22/04/2026 - 13:12

            @muwu:

            Read: The index fund bubble fallacy.

            yeh, thanks.

            Not sure I agree with the "tail wagging the dog". Passive index funds buy based on their criteria which means everything in an index. The active funds are the differentiators and hence continue being the "dog".

            Also do not agree with index funds producing "haves" and "have nots" in the market, as the "have nots" can become a "have" through their performance.

            It's true that super and the popularity of passive ETF's have pumped a lot of cash into the market. Does this mirror the dotcom bubble? I don't think so, because the dotcom crash was one sector. Passive ETF's by definition are diversified.

            And what if it does crash? Where will the investors of today invest in? Back into property like in the GFC?

            I can't see a change in investment strategy away from equities right now.

            • 0
            • muwu on 22/04/2026 - 13:52

              @skid: The short of it:

              Index funds don't set the share price, regardless of their increasing size. Share prices are discovered moment by moment by the small fraction of those trading at the margins. Index funds don't alter this price discovery process.

              It's infinitely complex, so I don't want this short explanation to convey that it's simple to understand. Just need brevity on a comments section.

              • 1
      • turtlesinmypants on 22/04/2026 - 11:24

        Wait for US midterms in a few months, mike take some cream off the top.

        • 0
      • muwu on 22/04/2026 - 12:01

        You need to study the history of equity markets, and behavioral finance. The only two fields of study that make a good and safe investor - history, and psychology. Not math or finance.

        The future is unknowable. The past provides strong evidence of how the market will behave as an average on forward projections.

        In the short-term: You may be right. Statistically, you're likely wrong. And in the long-term, what you're thinking about doesn't matter.

        Source: I personally have 7 figures in the market, and my finger has and for my investable future will never hover near the sell button.

        Go read up, lil' king! 👍

        • 2
      • kid-vhee on 22/04/2026 - 12:02

        People buying ETFs investment aren't in it for buy/sell plan. It's for long-term investment and growth. Plan for 5+ years, used averaging costs. More about habit, compounding growth and reinvestment of dividends. You'll lose out on more with ETFS trying to time high and lows as their investment nature.

        • 1
  • ruskiromka on 22/04/2026 - 10:58

    Pretty average when CMC Invest offers free brokerage for ALL Australian ETFs, up to $1000 per day. Has been doing this for ages.

    • 1
    • Jaduqimon on 22/04/2026 - 10:59

      its good for CBA clients. dont need multiple apps and transfers between accounts.

      • 0
      • ruskiromka on 22/04/2026 - 11:00

        Commsec Pocket is a seperate app

        • 5
        • Jaduqimon on 22/04/2026 - 11:01

          you can use the main Netbank app to buy the pocket etfs

          • 6
          • uccoffee on 22/04/2026 - 12:04

            @Jaduqimon: i thought using main app charge you main app fee
            anyway , NDQ can be buy/sell directly on betashare 's app , fee free

            • 0
      • TheFreaK on 22/04/2026 - 11:43

        This is literally just laziness

        Need your OZB membership revoked

        • 3
    • pharcyde on 22/04/2026 - 11:03

      That is good but I found the CMC platform to be shizen.

      • 0
  • currentfad on 22/04/2026 - 11:04

    On the topic of CMC is anyone being asked to put in 2fa codes every single time you log in?? Even if it's literally minutes apart

    • 2
    • sticky8anana on 22/04/2026 - 11:10

      why not use face ID to unlock

      • 0
      • currentfad on 22/04/2026 - 11:12

        Android - validates fingerprint, then asks for 2FA, every single time

        • 0
    • SBOB on 22/04/2026 - 11:16

      Yeah, has started happening for me also

      • 0
    • K33N on 22/04/2026 - 11:18

      Yes, not sure if it's a new security measure, upgrades to their MFA system or whatever "MFA is being rolled out" message on the login screen.

      In theory, your biometrics should be more secure than a code based MFA, so once authenticated using biometrics it should let you through (just like any other, especially financial platforms).
      But I sort of convinced myself that "extra" security doesn't hurt, just effing annoying.

      On the other hand I don't transact that much either, so not as annoying I guess.

      • 1
    • Anthonese on 22/04/2026 - 12:16

      Same here on iOS

      • 0
  • musai on 22/04/2026 - 11:09

    if only they add bitcoin etf…

    • -5
    • muwu on 22/04/2026 - 12:07

      Go find the broker (most) that give you this service, it's okay to pay the small brokerage. Don't let a $5-10 saving on brokerage alter your investment thesis.

      • 0
  • life is suffering on 22/04/2026 - 11:14

    If I take a loan….

    • 0
    • McMaferMur on 22/04/2026 - 11:19

      If I take a loan….then your life will be suffering well your name says it all

      • 4
  • turtlesinmypants on 22/04/2026 - 11:21

    cmon CBA, Betashares $0 brokerage (be aware of the 3 pair trade 30 day rule)

    • 9
    • ronnknee on 22/04/2026 - 11:36

      I'm surprised I had to scroll so far down to see Betashares.

      • 11
    • DingoBilly on 22/04/2026 - 12:48

      You also have a custodial model instead of CHESS model with Betashares.

      Slightly higher risk, and more of a pain if you ever want to switch away from them.

      IMO better options out there like Webull that does it all (no brokerage, up to date market info, CHESS-sponsored and no other limits).

      • 2
      • check on 22/04/2026 - 13:08

        Move away from them

        It is free to sell.
        So, to move away from them, just sell!
        For free.

        • -2
        • Plutolio on 22/04/2026 - 13:51

          Ah yes sell, which triggers CGT event great idea……

          • 6
        • cmoddoo on 22/04/2026 - 19:17

          So pay tax to the grubberment to avoid the fee. Bingo!

          I don't understand the need to save pennies if the portfolio gets big.

          The savings for DCA over time is huge with CMC. So you sell and pay brokerage, so you want to use their service for free over 20-30 years?
          Seems petty.

          The fee if you pay in one go is already pretty small and its deducted from the gain anyway. Consider it as part of parcel of investing.

          If you are to sell an investment property the brokerage (i.e. agent fees and other fees) are far higher.

          • 1
  • Twilight1234 on 22/04/2026 - 11:22

    I just use VPI - but the 4-day clearing is a bit annoying

    • 0
  • donman92 on 22/04/2026 - 11:24

    Not bad but I'll stick with the good ol trusted International Brokers especially if you want full access with basically zero restrictions.

    • -1
    • pavman on 22/04/2026 - 11:59

      Do you mean Interactive Brokers?

      • 1
      • donman92 on 22/04/2026 - 12:23

        Yessir

        • -1
    • Charlie Dont Surf on 22/04/2026 - 17:56

      I use IBKR for overseas trading, but aren't they $6 minimum brokerage charge for the ASX, and a custodial model, and they charge a fee to transfer your portfolio to another broker.

      • 1
  • watwatwat on 22/04/2026 - 11:50

    I will never use regular commsec again.

    But for commsec pocket, there's no chance!

    • 0
  • tan369 on 22/04/2026 - 12:06

    well this sucks

    Any trades executed after 17 July 2026 will incur standard CommSec Pocket brokerage fees, even if the order was set up during the offer period.

    • 4
    • maccalicious on 22/04/2026 - 13:59

      Trades take 2 days to execute, so as long as you buy 2 days before the date it should be fine.

      • 0
      • tan369 on 22/04/2026 - 15:02

        yup sort of a lock in after a few months. if i were a new investor choosing between Betashares and Pocket, i would choose Betashares and one wont just stop investing after July 17th.
        Shame they just have it for a limited time though

        • 0
        • Dyl on 23/04/2026 - 06:49

          It’s 0.2% (minimum $2), so their fees aren’t bad anyway. Tax deductible too.

          • 0
      • Dyl on 23/04/2026 - 06:48

        Trades execute near instantly, you can see the bulk offer on the market almost right away. It just takes a few days to settle payments.

        I assume they go by the trade execution date on the market (near instant), not the settlement date.

        • 0
    • Dyl on 23/04/2026 - 06:47

      Trades execute near instantly, within minutes.

      Just means when you sell you’ll pay 0.2% or $2

      • 0
  • sandman20104159 on 22/04/2026 - 12:10

    it has been so difficult to buy into shares, i thought ohh i can just buy 1 of what i want and it will charge me, nope i had to move the money to the acccount then buy, then by the time it cleared into account the price went so i had to top up… then some have 1000 share min buy at $200 each… yeah nah. my god its really a pain in the arse. i think ill go back to buying gold while its down.

    • -3
    • muwu on 22/04/2026 - 12:22

      i think ill go back to buying gold while its down

      Checks chart 👀… gold price up 100% since 2024!

      You're almost there, you're so close to buying fantastic assets. You can construct a portfolio so much better (growth, diversification, risk-adjusted return, volatility) than just 100% gold. It doesn't have to be that difficult.

      If it helps, take a look at Pearler or SelfWealth, they are as simple fee-for-service as it gets.

      Happy investing 👍

      • 0
      • sandman20104159 on 22/04/2026 - 13:50

        gold $64xx atm, when i bought it back a year ago it was $52xx but 2 months ago it was $71xx so its down atm.

        • 0
        • muwu on 22/04/2026 - 13:54

          Anything on a short enough timeframe is "down." You're trading rather than investing if that's your time horizon outlook, I guess you'll be selling soon when it's (likely) "up."

          • 0
          • sandman20104159 on 22/04/2026 - 16:02

            @muwu: nope, gold im leaving it for at least a decade before i think of selling it off. i keep buying little pieces over the last 10 years, i got 2 oz in a safe at a bank so its never gonna be picked up and sold off for quick cash

            • 0
            • muwu on 22/04/2026 - 16:16

              @sandman20104159: DCA'ing into gold. Great. Most portfolio constructors recommend an allocation between 5-20%, which makes up a large portion of your defensive allocation.

              Now, onto equities!…

              • 0
              • sandman20104159 on 23/04/2026 - 08:12

                @muwu: i have no idea what you just said. whats DCA? im not in construction so i have no idea what that even means here, and large portion of defense? huh???? im not in the defense force.

                • 0
    • faricity on 22/04/2026 - 12:28

      pretty sure pocket will not have that issue. You can buy the ETF listed and own. Then a few days later settlement kicks in and they take it from your account

      • 1
      • sandman20104159 on 22/04/2026 - 13:49

        took me forever to work out how to even buy a couple shares in some local energy companies that have moved up a bit since buying but im talking about $100 here and there, not $1000 or $10000 as i dont have that much just sitting about so i dont think ill have any luck.

        • 0
    • SBOB on 22/04/2026 - 18:55

      it has been so difficult to buy into shares, i

      i do a weekly buy that involves logging into my daily bank, transferring $ to cmc market, logging into cmc market and making a buy order for DHHF.
      That entire process takes less than 2 minutes.

      Whats the difficult part?

      • 0
      • muwu on 22/04/2026 - 18:56

        And even that can be automated! (maybe not with CMC 😏)

        • 0
        • SBOB on 22/04/2026 - 19:55

          yeah not with CMC
          my automated ones are on vanguard PI

          • 0
  • neonlight on 22/04/2026 - 12:16

    ETFs very slow growth. Tried Pocket not that good

    Other than Moomoo I wouldn't use any other for international shares.

    • -3
    • turtlesinmypants on 22/04/2026 - 12:39

      Moomoo is nice I like their desktop app, but their FX fee is around 0.55-0.6% whereas IBKR's is around 0.002% - 0.03%

      • 0
    • DingoBilly on 22/04/2026 - 12:42

      ETFs will give you better growth long-term than any other strategy…

      You might make 50% on a single stock, but you'll lose 60% overall on all the other stocks you lose on.

      • 0
    • Naigrabzo on 22/04/2026 - 13:50

      Yeah… Bought some S&P500 in 2001. The rest is history.

      • 1
      • muwu on 22/04/2026 - 13:56

        Fantastic, because you have the best lived-in experience of long-term compound growth. Because you can tell the story of how the value of your investment grew between 2001-2009 (little) and how it grew between 2001-2026 (helluva lot!) 👏 👏

        • 1
        • Naigrabzo on 22/04/2026 - 14:29

          :) Haha… Wise words my good sir. Now I need to make sure my offspring are also setup.. I will start them off at 18….

          • 1
      • neonlight on 22/04/2026 - 21:14

        Well you got in early. Anyone attempt after COVID ETFs are not worth it.

        I would say not worth it even for last ten years

        Pre 2015 yes

        • -2
        • Naigrabzo on 23/04/2026 - 09:02

          TBH I thought similar in 2001 and after GFC etc….. I am hoping for best in 30 years (for off spring).

          • 0
        • muwu on 23/04/2026 - 11:50

          Checks S&P500 chart… 👀

          Since COVID (March 2020) = +188%
          Last 10 years (April 2016) = +246%
          Pre 2015 (December 2014) = +242%

          The Too Late fallacy.

          A cognitive bias of finding reasons why the success of someone else's work (in this case, long-term prudent investing) can't work for them who isn't doing the same. In this case, blaming external circumstances ("times have changed").

          The degree of exponentiality of compounding is hard to fathom when you start investing, and only really becomes apparent after multi-decades. The longer the better.

          The best time to invest was yesterday… the second best time to invest is today 👍

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    • Dyl on 23/04/2026 - 06:50

      NDQ been doing like 20% a year for 5+ years, what do you consider high growth? lol

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      • muwu on 23/04/2026 - 12:03

        And you don't necessarily want to be concentrated in the market which is becoming historically overvalued, as your investing over time is averaging up your cost base in that exposure and mean reversion theory says that that market will eventually average out its value over time and money will rotate into other exposures.

        It's why a diversified portfolio will have broader allocations. So instead of just the NASDAQ 100, a better portfolio will broaden out to the S&P500, then further to the total US market, with an Australian allocation (ASX200 or 300), then a global or ex-US allocation (Britain, Europe, Japan, etc.), and then can consider further allocations to small cap (the many more lower market cap companies) and emerging markets (e.g. China, India, others).

        When one market experiences a correction, or more likely a plateau or moderated growth, investors are searching out opportunities in other markets (recently Britain, Japan, and Korea) and you capture that growth too. It smoothes out your growth, reduces volatility, and increases risk-adjusted return. It's why it's better to average out a 8-12% annual return rather than chasing what has and might still give you an outsized return (e.g. 20%) at the moment but will mean revert and give you a bumpier ride, which you're more likely to want to sell out of (tax and transactional drag) and chase the next growth story (buying higher into overvalued assets). Instead, the smooth return of broader exposures will reduce these risks of trading and cost/tax drags, and allow the compounding effect to take effect (i.e. a much better long-term return).

        Munger: “The first rule of compounding is to never interrupt it unnecessarily.”

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        • Dyl on 23/04/2026 - 15:29

          Yeah I wouldn’t recommend investing in NDQ at this stage, very risky time for entry… But as an example the ETFs do perform well.

          They match indexes, so it’s within a small margin of the index performance - can’t see how anyone can think these ETFs under perform. That’s basically saying the entire index is underperforming when they’ve historically returned 7-12% (depending on which index) + divs.

          I sold my NDQ and kept my emerging markets ETF - as you say investors are moving into those opportunities right now, they’re performing extremely well. Even more so with the uncertainty in the US market.

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  • DingoBilly on 22/04/2026 - 12:42

    Just use Webull.

    It's completely free for AUD ETFs with no limits and no high costs like CMC Markets (their sell costs are insane).

    If you time it with one of their promos you can get a few thousand dollars for free as well.

    Commsec is nice but waaay too expensive ongoing in terms of fees.

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