Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi guys! Not a specific stock question this week. Do you know of a broker or app in Australia that allows you to create your own stock baskets for easy investment? Ie: Load all of your growth portfolio stocks into a basket for 1 click investment. I know that some brokers offer baskets that they've made themselves, and I have found some overseas brokers that allow you to customise your own but none in Australia (outside of some crypto exchanges).
Hi Aaron,
Short answer is no, but we might be wrong. One of the future developments we have earmarked for Market Matters is trade execution through our platform, but with the ability to transact a whole portfolio at once, directed by the user, similar to what you are asking.
In theory, and this is in a planning stage only, the order ticket would allow the user to sub in and out particular stocks from our portfolios (or the market more broadly), and create their own tailored basket to transact.
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