shirajdesilva » user profile

Member Since | 19/09/2015 |
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Last Seen | 22/09/2015 |
Location | Melbourne |
Recent Activities

shirajdesilva replied to
AndyRates on FirstStep - A Mobile App That Lets You Invest Your Loose Change

Realised capital gains will be taxable and an annual tax statement will be provided.

shirajdesilva replied to
rohanp16 on FirstStep - A Mobile App That Lets You Invest Your Loose Change

Hi! Initially we will have a number of risk-based portfolios, for example, a conservative, a balanced and an aggressive portfolio, each of…

shirajdesilva replied to
usmanyousaf on FirstStep - A Mobile App That Lets You Invest Your Loose Change

You can withdraw your full balance at any time, at no cost, and have it back in your bank account within 3-4 business days.

shirajdesilva replied to
ShannonIngram on FirstStep - A Mobile App That Lets You Invest Your Loose Change

That is correct. We are not yet authorised to operate in Australia . We are currently open for early access signup which you can do on our…

As stated below, when you sign up, you provide FirstStep your bank details, in a similar way to what Pocketbook and MoneyBrilliant users…

We did post a deal here a few weeks ago, but this is our first time posting on the ozbargain financial forum. You probably read it when we…

shirajdesilva replied to
spychiatrist on FirstStep - A Mobile App That Lets You Invest Your Loose Change

Because each user is investing such small amounts, investors’ money will be pooled together in a registered managed investment scheme…

shirajdesilva replied to
sickllama on FirstStep - A Mobile App That Lets You Invest Your Loose Change

We hope so! We hope we've made a product, that's so simple to use, easy to sign up to, all using a mobile app, and contributes small…

I suppose the whole point of all this is to remove the standard barriers to investing, like large minimums and to help you get started in a…

Your loose change contributions will happen automatically, and you might even find that your loose change over time, starts adding up to…

shirajdesilva replied to
blackfrancis75 on FirstStep - A Mobile App That Lets You Invest Your Loose Change

Yes exactly! And we also let you do larger one-time or recurring voluntary contributions to grow your portfolio

shirajdesilva replied to
hickman120 on FirstStep - A Mobile App That Lets You Invest Your Loose Change

Returns on the stock market aren't guaranteed but if history is any guide, over the last 30 years the Australian stocks have returned…

When you sign up you provide FirstStep your bank details, in a similar way to what Picketbook and MoneyBrilliant users have been doing in…

First time we've posted to the ozbargain forum.

Yes, it's a similar business model. Fees, however, will be completely different. FirstStep will charge 1% per annum for balances under…

shirajdesilva posted a forum topic FirstStep - A Mobile App That Lets You Invest Your Loose Change
My team and I are working on a new fintech startup, called FirstStep, around a mobile app that lets you invest the loose change from your…

shirajdesilva joined OzBargain.
Welcome aboard!