How Nikky uses Sharesight to understand her true performance

Part of our Sharesight customer experience series, this blog features Nikky W., an investor who has been tracking her portfolio with Sharesight since 2020. We talk to Nikky about her experience as an investor, and why she likes using Sharesight to track her investment performance.

When did you start investing and what made you decide to invest?

I started investing when the 2020 stock market crashed due to the global pandemic. My husband and I decided to enter the market and start investing because we thought it was a great opportunity to start investing at that point.

Do you ever wish you started investing earlier? If so, what do you think would have encouraged you to get into the market sooner?

Yes I wish I could have started investing in the share market as early as in my 20s, so I could afford to take more risk and learn from my investing mistakes. I think if there was an informative channel and reliable investing platform it would have encouraged me to get into the market sooner, and enabled me to make better decisions when investing.

What kind of assets do you invest in? Do you diversify globally or do you tend to stay invested within your home country?

I normally invest in ETFs and individual shares. I used to invest largely in Australian stocks, however I've geared more heavily towards the US stocks lately because of the higher return.

Can you share one thing you wish you'd known when you started investing?

The lesson I learned when I started investing is don't be overconfident and trade very frequently without a deep understanding of what you are doing and the business you are investing in. Do the homework before putting your hard earned money in, and target medium and longer term investing if you can't watch the market and are only able to trade during your spare time.

Why Nikky uses Sharesight to manage her investments

Nikky and her husband’s interest in investing led them to Sharesight as an easy way to manage their share portfolios.

According to Nikky, Sharesight provides her with a very clear indication of how much she has earned on her investments and the average cost of her shares, giving her a true understanding of her financial position across her portfolios.

In general, Nikky has found Sharesight to be a user-friendly tool that enables her to make important decisions around buying and selling, while helping her understand what is happening with her shares.

Sharesight’s integration with other platforms has also really helped Nikky save time, with consolidated reporting and the ability to import trades from multiple brokers.

Watch the video to discover Nikky’s investing journey with Sharesight.

See your true performance with Sharesight

If you’re not already using Sharesight, what are you waiting for? Join hundreds of thousands of investors using Sharesight to see the full picture of their investment performance. Sign up today so you can:

• Track all your investments in one place, including stocks in over 60 major global markets, mutual/managed funds, property, and even cryptocurrency

• Automatically track your dividend and distribution income from stocks, ETFs and mutual/managed funds

• Run powerful reports built for investors, including performance, portfolio diversity, contribution analysis, multi-period, multi-currency valuation and future income (upcoming dividends)

• Easily share access to your portfolio with family members, your accountant or other financial professionals so they can see the same picture of your investments as you do

Sign up for a FREE Sharesight account and get started tracking your investment performance (and tax) today.

FURTHER READING

• How your broker’s performance numbers mislead you

• How one investor uses Sharesight as a roadmap for investing success

• 4 ways to be a prepared investor this year