Dollarman
7th-May-2006, 07:44 PM
assume $20k--into what shares to invest: : :confused:
View Full Version : Getting going - Starting in shares with 20k
sam76
7th-May-2006, 07:51 PM
I suggest the Sam76 retirement fund.
Pays great dividends and has awesome long-term potential... :D
Apart from that, if you don't have much experience with the stock market, I would suggest blue chip shares.
EG. major miners and banks
Pays great dividends and has awesome long-term potential... :D
Apart from that, if you don't have much experience with the stock market, I would suggest blue chip shares.
EG. major miners and banks
nizar
7th-May-2006, 08:04 PM
assume $20k--into what shares to invest: : :confused:
Seek professional advice before investing
or ask moneytree - hes a financial advisor i think
Seek professional advice before investing
or ask moneytree - hes a financial advisor i think
Julia
7th-May-2006, 09:44 PM
I suggest the Sam76 retirement fund.
Pays great dividends and has awesome long-term potential... :D
Apart from that, if you don't have much experience with the stock market, I would suggest blue chip shares.
EG. major miners and banks
Well, now, the Sam76 Retirement Fund sounds like a wonderful, never to be repeated opportunity. All it needs is a glossy prospectus, lots of promises, minimal historical success, and we'll go rushing for it.
Shall we send you our cheques now, Sam?
Cheers
Julia
Pays great dividends and has awesome long-term potential... :D
Apart from that, if you don't have much experience with the stock market, I would suggest blue chip shares.
EG. major miners and banks
Well, now, the Sam76 Retirement Fund sounds like a wonderful, never to be repeated opportunity. All it needs is a glossy prospectus, lots of promises, minimal historical success, and we'll go rushing for it.
Shall we send you our cheques now, Sam?
Cheers
Julia
Julia
7th-May-2006, 09:51 PM
assume $20k--into what shares to invest: : :confused:
Essentially agree with Sam (with the possible exception of his supadupa Sam76 fund).
I'd probably add Woolworths and another staple like Westfield Group.
In the event of a downturn Unitab (or any good gambling stock) will do OK as people seek to get rich without effort or planning.
If it were my $20K I'd go for $5000 each into ANZ, BHP, RIN, and MBL, obviously waiting for a dip to buy in. Others will disagree.
Other choices??
Julia
Essentially agree with Sam (with the possible exception of his supadupa Sam76 fund).
I'd probably add Woolworths and another staple like Westfield Group.
In the event of a downturn Unitab (or any good gambling stock) will do OK as people seek to get rich without effort or planning.
If it were my $20K I'd go for $5000 each into ANZ, BHP, RIN, and MBL, obviously waiting for a dip to buy in. Others will disagree.
Other choices??
Julia
nizar
7th-May-2006, 10:03 PM
Essentially agree with Sam (with the possible exception of his supadupa Sam76 fund).
I'd probably add Woolworths and another staple like Westfield Group.
In the event of a downturn Unitab (or any good gambling stock) will do OK as people seek to get rich without effort or planning.
If it were my $20K I'd go for $5000 each into ANZ, BHP, RIN, and MBL, obviously waiting for a dip to buy in. Others will disagree.
Other choices??
Julia
OXR/LHG/ZFX/BHP..... :2twocents
I'd probably add Woolworths and another staple like Westfield Group.
In the event of a downturn Unitab (or any good gambling stock) will do OK as people seek to get rich without effort or planning.
If it were my $20K I'd go for $5000 each into ANZ, BHP, RIN, and MBL, obviously waiting for a dip to buy in. Others will disagree.
Other choices??
Julia
OXR/LHG/ZFX/BHP..... :2twocents
tech/a
8th-May-2006, 07:14 AM
My choice is as I'm actually trading them---Early emerging trends in rescource stocks.
As an example
As an example
sam76
8th-May-2006, 07:51 AM
Well, now, the Sam76 Retirement Fund sounds like a wonderful, never to be repeated opportunity. All it needs is a glossy prospectus, lots of promises, minimal historical success, and we'll go rushing for it.
Shall we send you our cheques now, Sam?
Cheers
Julia
Julia, with a fantastic spruik like that, would like to handle the marketing for me? ;) :p:
Shall we send you our cheques now, Sam?
Cheers
Julia
Julia, with a fantastic spruik like that, would like to handle the marketing for me? ;) :p:
nizar
8th-May-2006, 08:13 AM
My choice is as I'm actually trading them---Early emerging trends in rescource stocks.
As an example
tech in that graph what would be your buy in point?
As an example
tech in that graph what would be your buy in point?
tech/a
8th-May-2006, 08:42 AM
nizar.
There are a number of entry points.
Some much better timed than others.
My timing in this trade was less than perfect however I still took it due to emotion that has been shown and I expect to continue today.
But Ideally in this chart from the breakouts shown or pullbacks.
Right at this point buying in my veiw is to late as with a spike like friday it may range within the range of that spike before going again.
To get set on this either a pullback or a breakout after consolidation would be my veiw.
There are a number of entry points.
Some much better timed than others.
My timing in this trade was less than perfect however I still took it due to emotion that has been shown and I expect to continue today.
But Ideally in this chart from the breakouts shown or pullbacks.
Right at this point buying in my veiw is to late as with a spike like friday it may range within the range of that spike before going again.
To get set on this either a pullback or a breakout after consolidation would be my veiw.
Julia
8th-May-2006, 10:39 AM
Julia, with a fantastic spruik like that, would like to handle the marketing for me? ;) :p:
Would be a pleasure, Sam, for an equal share in the fees you extract from all your investors.
Julia
Would be a pleasure, Sam, for an equal share in the fees you extract from all your investors.
Julia
RichKid
8th-May-2006, 02:06 PM
assume $20k--into what shares to invest: : :confused:
Some relevant discussion here Dollarman, also browse the Beginners Forum for similar threads: http://www.aussiestockforums.com/forums/showthread.php?t=1867&highlight=20k
Some relevant discussion here Dollarman, also browse the Beginners Forum for similar threads: http://www.aussiestockforums.com/forums/showthread.php?t=1867&highlight=20k
Brad1m
9th-May-2006, 07:08 AM
When I started out trading, it was a case of what do i need to learn to become a sucessful trader ?
Since then I have tried to study as much about trading as possible.
I have had my head into fibonacci / gann / elliot waves / gartley / fundamentals and so on and so on.
Try to learn basic chart patterns "even if you plan on useing help like theinsidetrader.com.au or rivkin or ???"
But the #1 thing you will need to control is the emotional attachment to your money and you can only do this through education and experience.
I would seek out help, there are a number of internet based resources out there like previously mentioned "******************" also comes to mind.
$20K can vanish in the market in a heartbeat.
Go with the flow,
PS: I allways look at the long term chart "as much data as I can get, see what the general trend for that stock / sector is then find resistance / support areas then get down to the daily / intraday charts before I buy / sell anything.
And STILL have the emotional attachment thing now and then.
Good luck
Since then I have tried to study as much about trading as possible.
I have had my head into fibonacci / gann / elliot waves / gartley / fundamentals and so on and so on.
Try to learn basic chart patterns "even if you plan on useing help like theinsidetrader.com.au or rivkin or ???"
But the #1 thing you will need to control is the emotional attachment to your money and you can only do this through education and experience.
I would seek out help, there are a number of internet based resources out there like previously mentioned "******************" also comes to mind.
$20K can vanish in the market in a heartbeat.
Go with the flow,
PS: I allways look at the long term chart "as much data as I can get, see what the general trend for that stock / sector is then find resistance / support areas then get down to the daily / intraday charts before I buy / sell anything.
And STILL have the emotional attachment thing now and then.
Good luck
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