Australian (ASX) Stock Market Forum

Beginners - Introduce yourselves!

Joe Blow

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Hi all. First time poster here.
I’m not exactly a beginner as I’ve been buying shares since 2008 but I’m the first to admit I’m not fantastic at investing. It has been time that has benefitted me as opposed to being great at picking stocks.
I have had some good winners but if I had my time again I would have just bought ETFs.
I’ve joined the forum now as I am way too heavy in cash at the moment and I feel we may be entering a period where shares offer better value. I plan to spend 3% of my total spend every two weeks for the next 18 months or so. If a big correction happens (like when I started buying in 2008/09) I will spend a much bigger portion of my total target spend quickly.
The ETFs I own and will be actively buying are VAS, VGS, FANG, IXI and DRUG. The majority of my money will go to the Vanguard products.
I am spending money that I don’t expect I will ever need and this will be at least a fifteen year project for me. (I turn 50 next month).
I sell real estate for a living (and have done for 32 years) and I own residential investment property. I’m not excited by it though. I find investing in shares is a lot more interesting.
I’ve already found some great info on this site. I’ll continue to poke around in here.
Thanks for reading.

Welcome to ASF @Bigtinnie! I'm glad to hear that you have already found some great info here. There's a lot more great information to be found buried in the various forums, so be sure to give the site search feature a good workout.

Don't be afraid to jump into any thread of interest and start posting. Participation is what forums are all about, so just dive in get involved by posting some thoughts or replying to someone else's post.

If you have any questions about how things work around here, please don't hesitate to ask. I'm always happy to help.
 

Joe Blow

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Hi all! I'm Tom. I like your forum, lots of useful information about finance here. It's important in our difficult times. If you don't mind, I will join your forum.

Welcome aboard Tom! I hope you enjoy your time at ASF. If you have any questions, please don't hesitate to ask. Otherwise, feel free to just dive in and start participating in the various discussions. :xyxthumbs
 
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Hi
Great forum.
I have been reading for a few days before joining.
I have been investing for around 5 yrs. Owned around 25 different shares and slowly ended up mainly in ETFs.
At the start of the year i became nervous and decided to restructure the portfolio with mainly betashares and focus a little more on ones with a decent dividend.
A couple of my better shares where NDQ and ETHI but im not sure if I should jump back into them at the moment and focus more on AUS for the next yr or so.

Cheers
Eric
 
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Hi
Great forum.
I have been reading for a few days before joining.
I have been investing for around 5 yrs. Owned around 25 different shares and slowly ended up mainly in ETFs.
At the start of the year i became nervous and decided to restructure the portfolio with mainly betashares and focus a little more on ones with a decent dividend.
A couple of my better shares where NDQ and ETHI but im not sure if I should jump back into them at the moment and focus more on AUS for the next yr or so.

Cheers
Eric
welcome to ASF ,

i hold a few of Betashare offerings , one thing to research closely with them , is how they are used best , some are useful for short-term hold ( say no more than 3 months at a time ) while some are still a trading device but can be held longer term

international exposure vs Australian exposure , gee that is a tough one , first is currency exchange rates ( will being in the Oz dollar be better/worse ) , and second regulation changes ( will the winning Australian party change the laws , ...on say franking credits after the election , )

good luck
 
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Hi everyone,
Thanks for having me, it looks like there is a wealth of knowledge to take advantage on here.
I have just started investing and while only holding a few thousand split between VDHG, BRN and 1AE. I have 100k available which I wanted to put towards the NAB equity builder but they are not taking applications and I am not really keen on a margin loan in this climate.
I will wait for a couple of months and see if NAB get back to me and then was going to put half in VDHG and then split the other half in some stocks such as BHP, FMG, APA, and still deciding on some more for diversification. Would love some feedback on my plan.
Cheers!
 
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welcome to ASF,

i am wary of margin loans , so i am biased like that , but am NOT saying you shouldn't keep that option open if the market plunges deeply ( say ,buying your BHP at $20 on margin loan instead of at $40 plus currently )

** VDHG, BRN and 1AE ** are not on my radar so will not comment on them

** BHP, FMG, APA, ** i hold BHP and FMG ( FMG bought in the last year )

now IN THEORY these three stocks should be in a down ( consolidation ) cycle , now with BHP yes you could argue that , FMG and APA clearly not , in fact looking elsewhere in the commodity and energy sector it looks a lot like a 'super-cycle '

for APA watch the debt obligations , in the gas/energy field , desperate governments have a habit of putting up price caps limiting the company profits ( because wage and other costs will continue to rise )

one thing you SHOULD do is join the ASF tipping comp. it will help you keep focus on the stocks you are trying to watch ( and study )

the June competition is taking selections now ( don't forget to read the rules ) ( PS , it is free , so you won't lose your shirt with a bad pick )

there are plenty of market veterans here , so plenty of opinions and styles to think on

your plan looks OK , but these may be uncharted waters ( goodness knows what will be a good stock in 10 years time )

good luck
 
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Hi All, William here, I just made my first ever investment in the stock market PH2 because it seems to be up and down a bit lately and hydrogen is a future facing endeavor that I kind of like so don't mind holding it for awhile if the highs don't come quickly.

Hi William

Welcome to our community. PH2 nice pickup. Knowing when to buy is important, knowing when to sell more so.


PH2.png

Skate.
 
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Hi William

Welcome to our community. PH2 nice pickup. Knowing when to buy is important, knowing when to sell more so.


View attachment 145581

Skate.
Hi Skate, thanks for the warm welcome. Exit points are something I've been considering recently. Do you find that the stock broking houses get it right when they put out fair value for stock? I mean sometimes I will read in the paper that some stockbrocker has upgraded a stock to a buy and estimated a certain value for the stock. I'm currently trying to find out if they are reliable, if the stock ever reaches the mark? Does it pay to follow stockbroking advice?
 
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Hi Skate, thanks for the warm welcome. Exit points are something I've been considering recently. Do you find that the stock broking houses get it right when they put out fair value for stock? I mean sometimes I will read in the paper that some stockbrocker has upgraded a stock to a buy and estimated a certain value for the stock. I'm currently trying to find out if they are reliable, if the stock ever reaches the mark? Does it pay to follow stockbroking advice?
welcome to ASF

from my LIMITED experience broker houses get it right more often IF you are paying for the top level service or are an influential client , by the time they tell the retail folk ( and window browsers ) the best of the opportunity has passed ( if there was one at all )

now some people ( like me ) see a stock high-lighted by an analyst as see possible price movement , so i have a fresh check of the research ( theirs AND mine ) and decide at what price i would like to buy the stock ( if at all ) ( or sell it if i already hold some ) irrelevant of their price targets .

some analysts get it correct more often than others , but remember SOME analysts are looking for a weakness in the company so they can force the stock price down ( and profit that way ) so what seems to be wrong may have made a nice profit for them ( via brokerage and commissions )

cheers

PS making the right decision for YOU is always the best decision ( we don't all play the game the same way )
 
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Do you find that the stock broking houses get it right when they put out fair value for stock? Does it pay to follow stockbroking advice?

@WRM379, I'm the wrong guy to answer both of your questions as I'm a system trader. @divs4ever gave you a solid answer. There are so many ways to trade but when you boil it down, we are all trying to do the same thing, make money.

Trading is really simple
As traders, we buy a position in the hope that "sometime in the future" we will be able to offload the position to someone at a "higher price" than when we brought it. That's trading in a nutshell.

Trading is simple & uncomplicated
Don't let anyone tell you it's not. It's not rocket science to buy & sell part of a company. The difficult part is finding (a) what to buy (b) when to buy it & most of all (c) when to sell it.

To me, trading isn’t about getting rich
But more about having the financial independence of being able to support oneself without an income. Financial freedom allows you to live your life on your terms.

Trading successfully, the learning curve is steep
You could read hundreds of books, watch the market for years & still not be profitable. It’s time-consuming just trying to figure out all this stuff but to be successful in this game it’s imperative that you put in the work before investing. The dollars you invest are the same dollars you can spend elsewhere. We all should be thinking about how to "protect what we have".

So much to understand
It’s frustrating & time-consuming trying to figure out all this stuff, you don’t know what you are expected to know, which leads to reading & listening to everyone, absorbing heaps of useless information that will turn out to be irrelevant in the early stages of trading.

Read my free eBook first
Trading Fundamentals - Skate's Beginners Version (eBook link below) ePub format.
https://www.aussiestockforums.com/posts/1014728/

The "Dump it here" thread
This thread is an educational thread with great content from many members. I'm suggesting you read a few posts, & I'm sure you will want to read a few more.

Start here

Skate.
 
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we are all trying to do the same thing, make money.
actually , i inherited some money and am trying to resist inflation enough so i can live the rest of my life outside of enduring poverty ( at 65 plus , i have some chance of that )

it might appear that i am 'making money ' but in reality i am trying to maintain my purchasing power

( trying for Warren Buffet's first rule .... DON'T LOSE MONEY despite the erosion of inflation )
 
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Hello all

Just thought I would introduce myself. I started "trading" on 1 July as I had been made redundant. Basically I want to see if I can actually make some money, so I have started with a small pot and the plan is basically to try and buy and then sell stocks at a profit. If I can make money with my small pot the plan is to use a bigger pot down the track.

Up until today and the day before yesterday everything was going along fine. I was basically making 1% per week for seven weeks. Not looking so good at this point due to the ASX falling this week, but I am learning lots.

The one thing that I am having trouble with right now is Superhero is not showing that I will receive dividends for BHP, WES, WHC, AX1, etc (all of which I held on the ex-date) - so not sure what is going on there.

Anyway enough about me! If anyone knows what is going on with my dividend payouts not showing let me know. :)

Wong
 
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Hello all

Just thought I would introduce myself. I started "trading" on 1 July as I had been made redundant. Basically I want to see if I can actually make some money, so I have started with a small pot and the plan is basically to try and buy and then sell stocks at a profit. If I can make money with my small pot the plan is to use a bigger pot down the track.
Welcome, I wouldn't do this.

Up until today and the day before yesterday everything was going along fine. I was basically making 1% per week for seven weeks. Not looking so good at this point due to the ASX falling this week, but I am learning lots.
Since July 1 it's been about seven weeks of rallying and the market has returned a bit more than that. So you made a bit less than the return you would've made buying an index ETF and looking for jobs on seek.com.au . Look up https://en.wikipedia.org/wiki/Attribution_bias

The one thing that I am having trouble with right now is Superhero is not showing that I will receive dividends for BHP, WES, WHC, AX1, etc (all of which I held on the ex-date) - so not sure what is going on there.

Anyway enough about me! If anyone knows what is going on with my dividend payouts not showing let me know. :)

Wong

@frugal.rock is correct. https://www.investopedia.com/articles/02/110802.asp
 
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Welcome Wong,
Perhaps Superhero will show dividends after the actual payment date?
Just a guess, haven't seen their platform.

恭喜发财

干杯
welcome Wongdai ,

i would second frugal.rock's opinion
Up until today and the day before yesterday everything was going along fine. I was basically making 1% per week for seven weeks. Not looking so good at this point due to the ASX falling this week, but I am learning lots.
is that 1% ( cash ) per week in the bank account , or 1% gain in the holding balance ??

if the first that is very nice work , but expect some rough times to go with the good times
dividends for BHP, WES, WHC, AX1, etc (all of which I held on the ex-date) - so not sure what is going on there.

ex-div. means the final day to be paid the div. was the trading day before , what you need now is the payment date ( roughly when the money gets to your bank account )

looking for jobs on seek.com.au
not Airtasker ( ASX: ART ) ??

another member is looking at them for jobs , now while ART isn't profitable at the moment , it is growing ( too adventurously for my tastes ) i bought ART @ $1.01 23rd March 2022 ( the first day of trading ) , sold @ $1.25 in May 2022 ( because i didn't like how quickly it was trying to grow )

but watch the ads there and get a feel for if the company suits your investment strategy ( maybe even score some part-time work )

good luck

( if you get part-time/casual jobs keep your eyes open you can spot all sorts of insights to help your investing )
 
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