With the recent stock market fall I am led to believe that this monday morning was the best time to buy shares.
HOWEVER, I have no idea what shares to buy, nor where is the best place to research or the best resource about shares.
I'm looking at throwing around 5k to 10k.
Should I do my reserach first before I buy some 'cheap' shares atm, or is it too late now as the shares aren't that 'cheap' anymore, and I'm holding a bigger risk that the shares will fall again.
And what broker does everyone use? Commsec?
And what is the deal with these electronic brokers, if I say buy, does it buy the shares immediately? And four hours later in the day, and it's gone up $0.10, can I sell it instantly?