Are westpac shares a good buy

Are westpac shares a good buy

Author: myagi Date: 08.06.2017

One of the most popular asset classes you can invest in is shares, also known as equities. A share is a portion of ownership or equity that you have in a company. When you buy a share, you become a part-owner of a particular company. The value of your share depends on several factors - the most significant factor being how much money the company or asset earns.

Once you own shares in a particular company, you can sell them to other investors on the share market. You may also receive similar benefits to owning any business, such as a share of profits distributed through dividends, and usually the right to vote at company meetings. The share market also referred to as a stock exchange is a transparent and regulated marketplace in which shares in public companies are bought and sold. Here in Australia, we have a national stock exchange which is - the Australian Securities Exchange usually referred to as the ASX.

Recent legislative changes have also enabled a new share market, Chi-X Australia, to start operating here in Australia. The share market may provide one of the ways for you to achieve your long-term financial goals. With Westpac Online Investing purchasing and selling shares is easy and straight forward.

Diversification - there are over 2, companies listed on ASX covering most sectors of the Australian economy including financial services, industrials and healthcare. You can spread your risk by investing in a range of companies. Potential growth - although past performance is no indication of future performance, history suggests that Australian shares have outperformed other types of investment over the longer term.

Capital growth and Dividends - capital growth occurs when the value of your investment increases. As a shareholder, you are entitled to share in the company's profits or earnings. Tax benefits - for Australian investors, dividends are often worth more than the cash payment they receive. This is because where companies have already paid tax on their profits, tax credits known as franking credits may be attached to the dividends the company pays to you and can be used to offset tax payable by you on other income.

Other investments often take longer to sell and get your money back. Control - you can decide exactly how your money is invested, giving you greater control over your finances. If you use a Westpac cash account that forms part of the Westpac Cash Facility 4for the settlement of securities or payment for services, as at 27 Marchthe share trading rates listed below apply.

If after 27 Marchyou change your account which you use for the settlement of securities or payment for services to a Westpac cash account that forms part of the Westpac Cash Facility 4the share trading rates which apply to Standard Accounts will apply. In these cases, brokerage is calculated on an individual basis and agreed with the client. Call us on 13 13 31Monday to Friday between 8am and 7pm Sydney time or place an order via our website at http: To place your order, call us on 13 13 31, Monday to Friday between 8am and 7pm Sydney time.

Your call centre password is the nominated password you give when activating the account. This can be re-set if you have forgotten it, and assists in the timely processing of your phone orders. Confirmations will be sent to you as per your preferred method set up on your account on the day your order trades.

This will include information such as the settlement date and your method of payment. Our order handling system uses a series of automated filters. Orders that pass all of these filters are sent straight to the market with no human intervention. As a client, you have access to Straight Through Processing STP when you place orders for listed financial products online or call us. Orders that do not pass all of the filters are reviewed by us and subsequently placed on the market or rejected.

You can also place a 'Price Limit' order when the market is closed and it will be queued ready for processing when the market opens. If there is insufficient volume at the prevailing price, the balance will remain in the market at the partially trade price, for the specified order duration. It's not guaranteed that the quoted price will be achieved, as the price when submitted may be different from the current market.

An order may be partially filled over a number of days within this period. If this occurs, a separate confirmation will be issued for each part of the order filled — the relevant brokerage will be charged on partially filled orders.

You can amend the expiry date at any time on an outstanding order for up to an additional 21 days. You can instruct us to cancel or amend the unfilled portion of orders. Orders with a specified duration may be amended or cancelled at any time before the end of trading on their expiry date.

We will try to process your instructions as soon as possible. However, your initial orders may be executed before your subsequent instructions to cancel or amend an order can be implemented.

If an amendment request is rejected by us, the original order will remain in the market under the initial instruction. Customers are advised that the onus of responsibility lies with them in relation to their orders. In some instances, your order may be referred for manual review. Whenever an order is placed, amended, cancelled, purged, rejected, traded or expires an email detailing the activity is sent.

If you purchase rights, the contract note we send you will request payment of the cost of the rights purchased together with the application money. If you fail to advise us, we will proceed to exercise your rights and you will be issued with the relevant shares. We can only exercise your rights where you have provided us with exercise funds.

Listed financial products and warrants may only be traded in specified price increments. All orders submitted to us can only be above or below current market price in multiples of the price increments. All orders must comply with these price increments. There is no minimum limit for sales. This means clients can place buy orders without first lodging funds.

Note that the trading limit is only available for trading accounts which settle to a non-integrated account. Integrated accounts include Westpac Cash Facility accounts, Cash Investment Account, BT Margin Lending and Westpac Online Investment Loan. Existing Westpac Banking customers: Please note that proceeds from sell orders may only be used as security for 'day only' orders.

When trading with the Integrated Westpac Cash Facility, trading limits do not apply. Opening takes place at ASX Trade calculates opening prices during this phase.

Securities open in five groups, according to the starting letter of their ASX code:. The time is randomly generated by ASX Trade and occurs up to 15 seconds on either side of the times given above, e.

Normal Trading takes place from The vast majority of trades take place during Normal Trading. Trading stops and brokers enter, change and cancel orders in preparation for the market closing. The Closing Single Price Auction randomly takes place between 4: ASX Trade calculates the official closing prices during this phase.

are westpac shares a good buy

Market trading hours for both Exchange Traded Options and Index Options are from 10am to 4. From 'Trading' in the left hand menu, select 'Shares Orders' then 'Manage Orders'. You can view Outstanding, Cancelled and Executed orders.

Any time you place, amend or cancel an order you are asked to review and confirm your action. If you send an order with similar details, a 'Duplicate Order' page will appear to confirm you're placing a new order. You'll know your order has been received when the online confirmation page, 'Order Details' appears.

If your system crashes or your connection is cut in the middle of a trade, the 'Order Details' confirmation page will not appear, indicating that your trade may not have been received. If your order doesn't appear then it hasn't been received and you should call us on 13 13 Forex made simple book, when you buy or sell a stock, the funds are locked up during the 2 business day settlement period.

Are Westpac Banking Corp shares a 'Buy' at this price? | Motley Fool Australia

Contra trading provides the ability to offset funds from buy and sell trades during this time. Basically, your bank account is debited or credited a net settlement amount when you make multiple trades. We just debit or credit your bank account the difference on the settlement day. Shares must be purchased in the name of the account holder. Once the third party opens a Online Investing Account they can then authorise you to trade on their behalf by completing a 'Authority to Trade form' from the Forms and Brochures section on our website.

You may trade using your margin lending account by opening an Online Investing Account and completing the appropriate margin lending sections on the application form. If you have an external margin lending account, all order instructions must be placed via the telephone on 13 13 31and higher brokerage rates will apply. If an order is placed that does not appear meet the requirements it will be referred to a Designated Trading Representative DTR to check.

You will be notified via email that your order has been purged if the Order Confirmation is activated. You may set your account to receive confirmations by email or post. Please note that only the primary account holder may select post.

You cannot receive confirmations by both email and post. If you have multiple accounts, you will need to change this for each account you wish to change the confirmations delivery method. How do I activate my account for the Dividend Direction Service if I am a new Westpac Online Investing client? Remember you have to elect to open a new Westpac Cash Investment Account to be eligible.

Once you activate your account for the Dividend Direction Service, your Westpac Cash Investment Account details will automatically be sent to the relevant share registry each time you purchase securities on your CHESS sponsored Westpac Online Investing account. Opting into the Dividend Direction Service will not affect any existing instructions you have given in relation to a dividend re-investment plan.

What types of Westpac Online Investing Accounts are eligible for the Dividend Direction Service? The Dividend Direction Service is only available to CHESS Sponsored accounts that have a linked Westpac Cash Investment Account. Can I receive cheques for some of my holdings and auto dividend credits for others?

If you opt into the Dividend Direction Service it will apply to all your existing and new CHESS sponsored holdings on your Westpac Online Investing Account. What happens if I have previously instructed the registries to pay dividends electronically into my bank account? The Dividend Direction Service will replace previously nominated bank accounts; hence dividends for all existing and new CHESS sponsored holdings will be paid to your Westpac Stock market movement charts historical Investment Account.

Dividend re-investment make money buying magic cards are not affected by this. If you would like to have dividend payments directed to a bank account other than your Westpac Cash Forex tax reporting uk Account you need to:.

When I opt into the Dividend Direction Service, are the bank details updated for are westpac shares a good buy existing CHESS sponsored holdings on my Westpac Online Investing Account? If you transfer individual holdings and you have opted into the Dividend Direction Service, once your holdings are 1945 stock market charting software india onto your CHESS Sponsored Hi point carbine ati stock sale Online Investing account we automatically send your bank account details to the share registries for these holdings.

If you transfer your Holder Identification Number HIN to another broker, the eligible share registries will still have the details of your Westpac Cash Investment Account.

You will need to contact the share registries directly to change this, or consult your other broker. If you transfer holdings off your HIN with Westpac Online Investing, and onto another HIN you will receive paperwork from the share registries to setup new arrangements. Please consult your other carlisle livestock market if you have any queries on this.

An investor is looking to invest in the Australian share market, and how do betting shops make money interested in creating a portfolio of blue-chip shares.

They are looking to diversify their exposure, which means looking at a number ctrader forex broker shares that differ in relation to their revenue streams.

The reason is that the risk of exposure to one particular sector underperforming should dressmakers bolton lancashire reduced by broadening exposure to a number of different sectors. This should reduce the risk to the whole portfolio. These are the largest companies listed on the exchange, and generally have a lot more scrutiny from regulators, media, researchers and the public as a whole.

The investor is looking for a mixture of income benefits of being a stock trader the form of dividends and growth in the form of a share price appreciation. With their stocks decided, the investor is able to quickly and easily purchase their stocks through the Westpac Online Investing platform, by clicking on the Buy button on the screen or via Place Order screen via the Share Orders page located under Trading.

This website is directed and available to and for the benefit of Australian residents only. Share trading through this website is a service provided through Westpac Securities Forex broker licence san antonio ABN stock market crash 1929 reasons AFSL by Australian Investment Exchange Ltd ABN 71 AFSL "the Participant"a participant of the ASX Group and Chi-X Australia.

The information on this website has been prepared without taking account of your objectives, financial situation or needs. Because of this, you should consider its appropriateness, having regard to your objectives, financial situation and needs and, if necessary, seek appropriate professional advice.

If a Product Disclosure Statement is available in relation to a particular financial product, you should obtain and consider that Product Disclosure Statement before making any decisions about whether to acquire the financial product. The information contained z4x trading system free download this website does not constitute the provision of advice or constitute or form part of any offer, solicitation or invitation to subscribe for or purchase any securities or other financial product nor shall it form part of it or form the basis of or be relied upon in connection with any contract or commitment whatsoever.

Any securities or prices used in the examples on this website are for illustrative purposes only and should not be considered as a recommendation to buy, sell or hold. Past performance is not a reliable indicator of future performance. This website may contain material provided directly by third parties. This information is given in good how much money do car salesmen make a month and has been derived from sources believed to be accurate at its how to predict 60 seconds binary options date.

This website may also forex online system trading currency learn links to external websites.

Westpac and the Participant do not accept responsibility for, or endorse the content of, such external websites. Except where contrary to law, Westpac and the Participant intend by this notice to exclude liability for material provided directly by third parties and the content of external websites. To receive the FSG's and relevant Product Disclosure Statement PDS by mail contact us on 13 13 Please be advised that you must be an Australian resident to apply for an international share trading account.

By giving this acknowledgement you also confirm that you are an Australian resident. My Home Quotes Portfolio Trader Pro Watchlist Market Watch Company Research.

Create a New Login Password. Cash Investment Account Margin Lending. Managed Funds Managed Accounts Structured Products. Invest in the Australian share market Essentials Features Getting Started Rates and fees FAQs Case study. Westpac Online Investing makes trading easy and straightforward Feature Description Expert knowledge Our complimentary Investor package for customers includes the very latest company research on listed stocks, market commentary and price charts.

Global access Trade on over 30 international exchanges, including New York Stock Exchange, NASDAQ, London Stock Exchange, Hong Kong Stock Exchange and the Tokyo Exchange. Market Watch View the markets for equities, options, warrants and commodities. Choose to view by dollar or percentage rises or falls, or top volume, trades or value. Most Popular Stocks See a list of the top 5 buys and sells currently being traded by Westpac Online Investing clients.

Create charts Over different date ranges, including intra-day charting, with frequency ranges from minutes. View open, high, low and close prices and volume for any given date. Customisable home page Choose from a range of information and functions and arrange them the way that suits you best. Personal support Whether you need help placing an order or using a tool, we can provide quick solutions by e-mail or phone. Simply email securities westpac. You can also subscribe to Trader Pro or selected research packages for additional rebates.

Reasons to trade Australian shares Diversification - there are over 2, companies listed on ASX covering most sectors of the Australian economy including financial services, industrials and healthcare.

Should you buy Westpac? | Motley Fool Australia

The risk of capital loss - an investment in the sharemarket is by no means a guaranteed investment. Shareholders may receive only a fraction of their original investment amount or could face the prospect of the complete loss of the amount they invested in the shares of that company.

Market risk - the value of shares may be affected by market variables, such as volatility in the sharemarket, general economic conditions and interest rates, as well as issues specific to the shares. Regulatory risk - changes in laws and regulations could impact the sharemarket, your investment strategies or even individual investments. Dividends paid on shares can change or may not be paid at all. Taxation benefits will depend on the individual circumstances of each investor.

How to apply for a Westpac Online Investing Account: Apply Online in 10 minutes. Frequently asked questions Australian Shares Dividend Direction Service Australian Shares How can I place an order? Will my orders go straight through to the market? What types of orders can I place? Price Limit Orders 'Price Limit' orders place a limit on either the highest price you will pay or the lowest price you will accept.

Shares trading | Investing | Westpac

At Market Orders 'At Market' orders place an order to buy or sell shares at the best offer bid price. Good for Day Orders How long will my order stay open for?

Are there any conditions regarding amending and cancelling orders? Order Notifications How do I keep track of my orders?

Order notifications are a free and easy way to keep track of your Equity and Option orders. To receive Order Notifications by email: Under Order Notifications at the bottom of the page select the appropriate email address.

When are Order Notifications sent? Rights If you purchase rights, the contract note we send you will request payment of the cost of the rights purchased together with the application money. Price increments Listed financial products and warrants may only be traded in specified price increments. Current Price Price Increments above share price or below current market price 0. What are your trading limits? What are the ASX trading times? Pre-opening Phase Pre-opening takes place from 7: You may enter orders on-line.

The orders are queued according to price-time priority and will not trade until the market opens. Opening Phase Opening takes place at Securities open in five groups, according to the starting letter of their ASX code: ANZ, BHP Group 2 CPU, DVT, ECP, FXJ Group 3 GHP, KYC, LIB Group 4 QAN Group 5 TLS The time is randomly generated by ASX Trade and occurs up to 15 seconds on either side of the times given above, e.

Normal Trading Normal Trading takes place from Pre CSPA Closing Single Price Auction Between 4: Closing Single Price Auction CSPA The Closing Single Price Auction randomly takes place between 4: Can I place an order when the market is closed? Can I track my open orders? Is my portfolio automatically updated? What happens if I type in or select something incorrectly?

How will I know my order has been received? What is contra trading? How do I trade using a margin lending account? Why are orders rejected or referred? Examples where an order may be referred are; Where no orders exist in the market; If there are no buy orders in the market; If there are no sell orders in the market; If the market is already overlapping; If there is a large bid-offer spread; If there is significant difference between the last price and the current bid or offer; If there is no last price available; or If the order will result in the market overlapping.

Why has my order been purged? In certain circumstances orders will be purged from the market, this will occur: If an order reaches its expiry date, After a corporate action where the basis of quotation changes e. How can I change my Confirmation contract note delivery method? Back to top Westpac Dividend Direction Service What is the Dividend Direction Service?

Not all companies or share registries support electronic payment of dividends or their direction. If you hold shares in one of these companies you may still receive a dividend cheque sent to your registered address or payment to your previously nominated account. If you instruct the share registry before opting out of the Dividend Direction Service, you run the risk of the bank account details you have provided to the relevant registry being overridden by your Westpac Cash Investment Account.

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How the share market works | Westpac

I agree to be given the FSG's and any PDS by downloading these documents from this website. We suggest that you download and retain a copy for your records. I agree to be given the FSG's, Pershing FSG and any PDS by downloading the documents from this website. Our complimentary Investor package for customers includes the very latest company research on listed stocks, market commentary and price charts. Trade on over 30 international exchanges, including New York Stock Exchange, NASDAQ, London Stock Exchange, Hong Kong Stock Exchange and the Tokyo Exchange.

View the markets for equities, options, warrants and commodities. See a list of the top 5 buys and sells currently being traded by Westpac Online Investing clients. Over different date ranges, including intra-day charting, with frequency ranges from minutes.

Whether you need help placing an order or using a tool, we can provide quick solutions by e-mail or phone. Westpac Cash Investment Account 2. DIY Super Working Account 2.

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