BID farewell to slow savings and g’day to growth

If you’re new to all this, here’s a quick rundown. Share trading is the buying and selling of company stock – or derivative products based on company stock –on the stock market.

By selling your stock - known as shares - in a company for more than you paid for them, you’ll see a return on your investment. Whilst this sounds simple, it takes time and discipline to get this right and not all shares increase in value or follow market trends. But, by putting your money in the right places, you could benefit hugely.

And the sooner you start the better. 

Recent industry research tells us that Australia’s 18 to 34-year-olds are the best savers in the country.

Yep, you read that right. Millennials are better savers than their parents.

Today’s young investors are set to benefit from the stock market. And with Bendigo Invest Direct (BID), committed savers can confidently invest in domestic and overseas markets all from the one platform.

BID offers an alternative to cash that can make your money work harder for you, not the other way around.

Using BID, building an investment portfolio has literally never been easier and you don’t need to invest much to get started. Small amounts, as little as $500 plus brokerage, can grow into larger figures over time.

That’s right, you’re now an investor and it costs you less then a grand.

Our share trading platform is a trustworthy, market leader that offers valuable market research and reliable analytics, all at your fingertips.

In fact, opening a BID trading account is free and there are no monthly maintenance fees, making BID ideal if you’re new to share trading or looking for a better way to invest.

And whether you’re a novice or a veteran of share trading, the new BID app is an exciting opportunity for our new and existing customers to invest anywhere and at any time.

You can manage your portfolio, place domestic and international orders, view live data and monitor news in the stock market so easily you’ll wonder why you didn’t start using BID earlier.

The app is full of other useful features. BID gives you access to ETFs, a great way to diversify your portfolio because your money is invested in a number of different places in one, swift transaction.

So, what are you waiting for? Head here to get started!

Share trading involves risk. It can magnify your returns; however, it may also magnify your losses.

Bendigo Invest Direct is a service provided by CMC Markets Stockbroking Limited ABN 69 081 002 851 AFSL No. 246381 (“CMC Markets Stockbroking”), a Participant of the ASX Group (Australian Securities Exchange), SSX (Sydney Stock Exchange) and Chi-X (Chi-X Australia) at the request of Bendigo and Adelaide Bank Ltd ABN 11 068 049 178, AFSL 237879 (“Bendigo"). This is general advice only and does not take your personal objectives, financial situations or needs into account. For a copy of the terms and conditions relating to the Bendigo Invest Direct services and the Financial Services Guides (FSG) for CMC Markets Stockbroking or Bendigo (or other relevant disclosure documents), contact us on 1300 788 982 or via email at info@bendigoinvestdirect.com.au. Neither CMC Markets Stockbroking nor Bendigo are representatives of each other. To the extent permitted by law, Bendigo will not guarantee or otherwise support CMC Markets Stockbroking’s obligations under the contracts or agreement connected with Bendigo Invest Direct.

The launch of the BID app is reflective of Bendigo Bank’s customer-focussed innovation and is the latest example of the evolving services on offer from the most recommend Australian bank.