HI Everyone..... first post so go easy on me
I don;t really know to much about the sharemarket I did buy some Telstra shares back in 2005 ( I think ) when they floated them I just had some spare cash and thought what the heck I only hold 550 shares and basically its set and forget I only really are reminded of them at tax time.
Im now 33 years old and starting to look at getting a bit more serious and was thinking of investing $10,000 on some good quality strong shares. Just after a bit of advice on
1. How many companies do you think I should go with to spread the risk over the $10,000
2. Is $10,000 even worth investing
3. My main goal ( I think ) is to hold long term in future to make a decent profit whilst also collecting a tidy dividend along the way.
4. Would I be better finding a cheap share eg $2 and buying 5000 shares or buying for eg CBA share $90 each and only owning 111 shares which sounds dismal.
I will be funding the above by pulling $10000 from my ofsett account on my ppor. Im figuring/hoping in say 10 years time I can make a tidy profit and then pool the money back in to help pay off my ppor or hold long term for retirement.
I have been doing some research or Ardent Leisure they provide an ok dividend and apparently are buying out alot of fitness centres in WA and expanding in the US the share price is around $2.70 just thinking would now be a good time to buy?
Thanks guys after any advice hints or tips I don;t know much but would like to learn