Thanks very much guys!
I think I will continue with the scheme. The regular share purchases are in March, June, Sept and Dec. At the end of the day it's a long term investment, for me maybe 3-5 years, so hopefully things get better by then:).
Sorry I think I wasn't clear. I'll clarify myself :).
So in 2014 I bought around 180 shares for 6000$ (around 33$ per share). In 2017 I'll receive matched shares, 180 of them, so I'll have a total of 360 shares. Does that make sense?
Obviously I will pay income tax on those shares and...
Hi Value Collector,
I really don't know much about stock market and hence I'd like to seek an advice here.
I first enrolled into this scheme thinking I can't lose any money unless the price of shares drops by 50% which I thought would be very unlikely. Unfortunately I was wrong:). I...
Good question Fraa!
It's bankwest hero saver account (savings account). It's actually only 3.15%. I was comparing today different savings accounts, and me bank offers 3.6% interest, so I'll jump the ship:)
Thanks very much gents.
I made up my mind. Since I'll be buying a home in the next couple of years, I'll play safe and satisfy myself with bank savings rate. When an opportunity arises I'll try to jump in the rising property market and take the advantage of both rental yields and CG. By that...
Thanks very much guys. All valid points!
It sounds like I should be better off just keeping money in the bank, saving now and waiting for the next property boom (hopefully in Perth). And then hopefully jump the ship when the prices tank enough:).
However, just for my reference, I'd be...
Hello everyone!
I would highly appreciate you knowledge and expertise. The company I work for has a matched shares program (one of big 3 miners). Basically every year we can buy up to 6k value of shares and in three year we receive matched shares. This is the second year I have been...
Hello everyone!
Over the past few years I managed to save a decent amount of cash, purely by hard work, so I would like to hear some of suggestions about potential viable investments.
Originally my idea was to invest in Perth housing market, however I think that's not the best idea now...
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