Hi everyone, new to the forums
So I want to diversify my portfolio a little and do it right as well.
Recently I bought some shares,
$2k of AFI
$2k of ARG
I got them about a month ago, but I didnt really look much into when I should have got them, like picking the right time to buy. The AFI and ARG have gained alot but wes and wow have lost a bit and I have almost broke even if i include the commission on buying them.
So at the moment my portfolio is basically just Consumer Staples plus the investment companies and I want to diversify it a bit.
The shares I want to buy at some point are:
IAG, RFG and maybe CBA and SYD
Basically I am just trying to look for patterns to when they go up and down and get them on a down, but is there a good technique on choosing when to buy?
for CBA im guessing i need to wait a bit as all the banks are too high at the moment?
(I am looking for long term investments by the way, but I think its still important to try and buy at the right time.)
Thanks in advance,