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freediver
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shares
Jun 16th, 2018 at 10:52am  
I've recently started investing in shares. So far I have shares in the following companies:

Telstra
Lynas
G8 Education
Thorn Group

Is anyone else having a punt?
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The_Barnacle
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Re: shares
Reply #1 - Jun 16th, 2018 at 2:08pm  
Yes I have a share portfolio
It's not for the faint hearted. Watching the market going up and down but it still has a better return than 1% in the Bank
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Reply #2 - Jun 16th, 2018 at 3:07pm  
I used to but not any more

Spot
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Re: shares
Reply #3 - Jun 16th, 2018 at 6:40pm  
freediver wrote on Jun 16th, 2018 at 10:52am:
I've recently started investing in shares. So far I have shares in the following companies:

Telstra
Lynas
G8 Education
Thorn Group

Is anyone else having a punt?



Yes I have been buying shares for over 20 years.

It pays to do some research on the companies before buying.
I prefer those that pay good dividends to provide extra income.
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Re: shares
Reply #4 - Jun 16th, 2018 at 6:48pm  
I have a portfolio in my smsf but also trade short term.

Also trade options
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freediver
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Reply #5 - Jun 17th, 2018 at 9:50am  
Spot did you switch to a different trading method, or give up entirely?

Gordon do you make a net profit from the short term trades? And is it all technical (patterns in charts)? I went through the IG academy course, and the technical analysis stuff looked like reading tea leaves, and they seemed to push the short term trading stuff in a very misleading way.

Can anyone recommend any winners for me?
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perceptions_now
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Re: shares
Reply #6 - Jun 17th, 2018 at 10:10am  
I have had Shares, But I have none now!

My current expectation is that "the Proverbial will hit the fan" & that is likely to happen, in the not to distant future!

The final wash up, of "the Proverbial hitting the fan", is likely to see a Decline in share values of between 50-90%!?

Good Luck!
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Gordon
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Re: shares
Reply #7 - Jun 17th, 2018 at 10:14am  
freediver wrote on Jun 17th, 2018 at 9:50am:
Spot did you switch to a different trading method, or give up entirely?

Gordon do you make a net profit from the short term trades? And is it all technical (patterns in charts)? I went through the IG academy course, and the technical analysis stuff looked like reading tea leaves, and they seemed to push the short term trading stuff in a very misleading way.

Can anyone recommend any winners for me?


Yes, I do.

I only trade two shares tho, BHP and CBA because I use options around the underlying share, and only BHP and CBA have enough action to get rid of options quickly.
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Re: shares
Reply #8 - Jun 17th, 2018 at 1:21pm  
freediver wrote on Jun 17th, 2018 at 9:50am:
Gordon do you make a net profit from the short term trades? And is it all technical (patterns in charts)? I went through the IG academy course, and the technical analysis stuff looked like reading tea leaves, and they seemed to push the short term trading stuff in a very misleading way.



Short term trading is pretty much just gambling. And just like gamblers, traders only tell you about their wins.

It's a bit like how everybody tells you that they got out of the market just before the GFC in 2008.
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Gordon
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Re: shares
Reply #9 - Jun 17th, 2018 at 1:28pm  
The_Barnacle wrote on Jun 17th, 2018 at 1:21pm:
freediver wrote on Jun 17th, 2018 at 9:50am:
Gordon do you make a net profit from the short term trades? And is it all technical (patterns in charts)? I went through the IG academy course, and the technical analysis stuff looked like reading tea leaves, and they seemed to push the short term trading stuff in a very misleading way.



Short term trading is pretty much just gambling. And just like gamblers, traders only tell you about their wins.

It's a bit like how everybody tells you that they got out of the market just before the GFC in 2008.


I don't think you read what I said or just didn't understand.

My style is actually very conservative and working options around them provides insurance.
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Re: shares
Reply #10 - Jun 17th, 2018 at 1:38pm  
The_Barnacle wrote on Jun 17th, 2018 at 1:21pm:
freediver wrote on Jun 17th, 2018 at 9:50am:
Gordon do you make a net profit from the short term trades? And is it all technical (patterns in charts)? I went through the IG academy course, and the technical analysis stuff looked like reading tea leaves, and they seemed to push the short term trading stuff in a very misleading way.



Short term trading is pretty much just gambling. And just like gamblers, traders only tell you about their wins.

It's a bit like how everybody tells you that they got out of the market just before the GFC in 2008.



Shares can be a mugs game -
you get lulled into a false sense of security when they just
go up or down 1% here & there for years on end then -

one day there's a crash & they go down 20% in a day & another 30% the next day
& no one wants to buy your shares.
I've seen it before in 1987,  2000 with tech shares, 2008 GFC  etc.

Then again I wished I would have bought BHP when they went down to $15 a few years ago
but at the time there seemed there was no bottom to the market for BHP.
Some were claiming they would hit $5.
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Re: shares
Reply #11 - Jun 17th, 2018 at 2:55pm  
Mine are in my SMSF

however my brother who is a dabbler, mentioned having some Bank Of Qld a few months ago as they returned a good dividend around 7% I think he said!
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Re: shares
Reply #12 - Jun 17th, 2018 at 3:01pm  
The economic of the sharemarket is fascistic: it's all hiding behind a limited responsibility to others!

Go war!!
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Re: shares
Reply #13 - Jun 17th, 2018 at 3:13pm  
"Most traders will lose regardless of what methods they employ."

It appears that sit and hold is the most steady way to make money. My wife is a loser at investing. She took a course in options trading and dropped $ 25,000 (that was just pocket change to test the feasibility of making money on options trading) in a month on US stock market options trading and dropped out afterward. I tried a practice account for US options trading and bombed out after a month without putting any money in. It wasn't encouraging.

Options and other active trading increases risk.

Otherwise doing well on sit and hold shares and dividends.

https://vantagepointtrading.com/why-most-traders-lose-money-and-why-the-market-r...

Quote:
Why Most Traders Lose Money and Why the Market Requires It
Posted on April 19, 2018 by Cory Mitchell, CMT
Learn why most traders lose money, and why that will always be the case. It’s a systematic requirement of the market. While individuals can break from the herd and make above-average returns, the vast majority of people will continue to buy and sell at the wrong times. Learn from the mistakes of the herd, so you can step into the small group of consistently successful traders.

This article is broken down in sections:

How trends and reversals happen, which is systematic of significant losses by the crowd.
The social influence factor that shapes the crowd and lures people into the loser’s circle.
The numbers game: the best traders continually take the money of the less experienced.
How to break from the crowd and become an independent and consistently profitable trader.
Most traders have heard the statistics “95% of traders lose money” or “Only a few percent of traders make a living at it.”

While the numbers vary slightly from study to study, the fact is many traders will lose money and it can’t be avoided.  All sorts of reasons are given for the losses, including poor money management, bad timing, or a poor strategy. These factors do play a role in individual trading success…but there is a deeper reason why most people lose.

Most traders will lose regardless of what methods they employ. Even if all traders knew how (keep in mind, knowing and doing are two very different things) to trade successfully based on current conditions, most traders would still lose over the long run. Let’s explore why that is.
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Re: shares
Reply #14 - Jun 17th, 2018 at 3:47pm  
You must know there are extremely risky options strategies, and very conservative ones, right?
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Re: shares
Reply #15 - Jun 18th, 2018 at 12:07am  
Shares are like Sydney.
It was built to be flawed in many ways.
That way, there is always enough employment on offer
to keep fixing it.

...I make my money by asking women out for a date or even sex, if I'm game.
They always pay me $10 to $50 to just F-orrrfff!
It's a far better return than dabbling in shares.  Cheesy
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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.
 
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Re: shares
Reply #16 - Jun 22nd, 2018 at 3:25pm  
freediver wrote on Jun 16th, 2018 at 10:52am:
I've recently started investing in shares. So far I have shares in the following companies:

Telstra
Lynas
G8 Education
Thorn Group

Is anyone else having a punt?


Well, good luck with those FD!
Telstra is certainly going to need lots of it - LUCK THAT IS!?

Telstra is Down a further 2% ($0.055) again today, at $2.665!
Which is "a little Lower", than its peak of $6.61 in February, 2015!
AND, the major "influencing Factors", would suggest that "FUTURE SHARES, ARE SET TO GO LOWER,
not higher!
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freediver
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Re: shares
Reply #17 - Jun 22nd, 2018 at 7:28pm  
Yeah, it's not looking too pretty at the moment, but them's the breaks with shares. My money's on Telstra going back up.
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Re: shares
Reply #18 - Jun 23rd, 2018 at 12:54pm  
freediver wrote on Jun 22nd, 2018 at 7:28pm:
Yeah, it's not looking too pretty at the moment, but them's the breaks with shares. My money's on Telstra going back up.


I agree
Don't make the mistake of selling them now.

A few years ago my BHP shares dropped below $20. In fact at one stage were around $15 in 2015. Now they are above $30 again
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Gordon
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Re: shares
Reply #19 - Jun 23rd, 2018 at 1:58pm  
The_Barnacle wrote on Jun 23rd, 2018 at 12:54pm:
freediver wrote on Jun 22nd, 2018 at 7:28pm:
Yeah, it's not looking too pretty at the moment, but them's the breaks with shares. My money's on Telstra going back up.


I agree
Don't make the mistake of selling them now.

A few years ago my BHP shares dropped below $20. In fact at one stage were around $15 in 2015. Now they are above $30 again


BHP and Telstra are not comparable.

There is conceivably nothing on the horizon to lift their price.

Everyone had a buy on BHP below 20.
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Re: shares
Reply #20 - Jun 23rd, 2018 at 2:52pm  
http://www.ozpolitic.com/forum/YaBB.pl?num=1529460191/15#16

Sir lastnail wrote on Jun 23rd, 2018 at 12:03pm:
Bobby. wrote on Jun 22nd, 2018 at 8:00pm:
Telstra's share price hit a new low today.  $2.68.

They were issued in 1999 for $7.73
and I remember people borrowing money to buy them.


And how many super funds have got a large share holding of these shares ?


I bet most of them do.
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Reply #21 - Jun 23rd, 2018 at 5:11pm  
You need to shop around for funds the same way you do for shares. It's not that hard to find one that outperforms the share market, even when you take the cost of all the government regulation controlling superannuation into account (which is close to 1% pa of the balance).
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Re: shares
Reply #22 - Jun 24th, 2018 at 2:45pm  
freediver wrote on Jun 22nd, 2018 at 7:28pm:
Yeah, it's not looking too pretty at the moment, but them's the breaks with shares. My money's on Telstra going back up.


I reckon Telstra is a dud deal it would be like flushing money down the toilet.

It's only partially privatised it never works well for shareholders with situations like that.
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Reply #23 - Jun 24th, 2018 at 5:45pm  
I notice something misleading on the google share price results. For example if you search for "NAB share price". It shows you the current/latest price, with a 20 minute delay. It also shows the PE ratio and yield, but that is based on the previous close price. So the two sets of numbers are inconsistent.
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Re: shares
Reply #24 - Jun 25th, 2018 at 12:32pm  
Just got some shares in Aveo Group, (ex) home the infamous poo jogger.
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Re: shares
Reply #25 - Jul 1st, 2018 at 9:04am  
I have found a place where you can download price data for every stock on the ASX. I am trying to find similar information on dividends, EPS etc. Does anyone know where I can get it?
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Re: shares
Reply #26 - Jul 18th, 2018 at 3:29am  
freediver wrote on Jul 1st, 2018 at 9:04am:
I have found a place where you can download price data for every stock on the ASX. I am trying to find similar information on dividends, EPS etc. Does anyone know where I can get it?


There's loads of data on CommSec, however, I'm supposing that you need to trade through them to gain access.

I had a quick look at AOG divs and could only see the past 4 years. Only paid once/year and unfranked.
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Reply #27 - Jul 18th, 2018 at 8:30pm  
I've just joined up to commsec to get their data. Might start trading through them also. IG only keeps your bids open for one day, which is a bit of a pain.

I found downloadable data on AFR, including dividends etc.

I think I got my AOG shares a few days before the ex div date, and they went up the day after.
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Re: shares
Reply #28 - Jul 19th, 2018 at 1:23am  
freediver wrote on Jul 18th, 2018 at 8:30pm:
I've just joined up to commsec to get their data. Might start trading through them also. IG only keeps your bids open for one day, which is a bit of a pain.

I found downloadable data on AFR, including dividends etc.

I think I got my AOG shares a few days before the ex div date, and they went up the day after.


I really feel like a fish out of water trading shares. I got a bit lucky buying at the right time when bank shares were at a low. I got cold feet and sold my JB shares at $22.60 after a high of nearly $29. I think they're a bit higher than $22.60 now. I'm happy with the massive profit they gave me but I must also take the franked dividends into account and what they mean to me in my current situation.


There's a lot of thinking involved. I need a little more guidance.
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Re: shares
Reply #29 - Jul 19th, 2018 at 12:26pm  
How long ago did you get your bank shares? I am planning on buying one of them if they go back down again.
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Reply #30 - Jul 19th, 2018 at 3:44pm  
I bought my bank shares (the big 4 + BOQ) about 6 or 7 yrs ago mainly just because they were low price and high dividend, and a recommended buy with "clime investment".  I really should be reinvesting the dividends instead of spending them.
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Re: shares
Reply #31 - Sep 1st, 2018 at 9:15am  
IG is going to start charging me $200 per year in fees just to hold onto the shares I bought through them. Luckily I can transfer them all to my CommSec account for free.

I now have shares in:
Aveo
ERM Power
G8 education
IOOF
Lynas
Monash IVF
Telstra
Thorn Group

Telstra has come good and I have been ahead overall for a while. But even with 8 different companies from different sectors it is still very volatile.
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Re: shares
Reply #32 - Sep 1st, 2018 at 10:52am  
freediver wrote on Sep 1st, 2018 at 9:15am:
IG is going to start charging me $200 per year in fees just to hold onto the shares I bought through them. Luckily I can transfer them all to my CommSec account for free.

I now have shares in:
Aveo
ERM Power
G8 education
IOOF
Lynas
Monash IVF
Telstra
Thorn Group

Telstra has come good and I have been ahead overall for a while. But even with 8 different companies from different sectors it is still very volatile.


Good luck, with shares FD, YOU WILL NEED IT!
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Re: shares
Reply #33 - Sep 2nd, 2018 at 11:49am  
perceptions_now wrote on Sep 1st, 2018 at 10:52am:
Good luck, with shares FD, YOU WILL NEED IT!


So where do you invest your money PN?

If you have been hiding it under the bed the past 10+ years that you have been predicting economic armageddon then you would have made a loss.
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Re: shares
Reply #34 - Sep 7th, 2018 at 12:21pm  
The_Barnacle wrote on Sep 2nd, 2018 at 11:49am:
perceptions_now wrote on Sep 1st, 2018 at 10:52am:
Good luck, with shares FD, YOU WILL NEED IT!


So where do you invest your money PN?

If you have been hiding it under the bed the past 10+ years that you have been predicting economic armageddon then you would have made a loss.


Well, I did have shares, until late 2007, when I sold them!

Since then, I have taken the road of Term Investments in VARIOUS BANKS, whilst waiting for the next BIG SHARE CRUNCH, which is now IMMINENT!

PS - Knowing the exact date of the BIG CRUNCH, is pretty much impossible, as there is a lot going on!
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Re: shares
Reply #35 - Sep 7th, 2018 at 12:56pm  
Sounds like you missed out on the GFC Perce. That was a good opportunity to buy in. But well done for getting out in 2007 when everyone else was in FOMO mode.

BTW, I think I am back in negative territory now.
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