Fair enough, I am terrible at predicting macro events and trends hence I am forced into taking a mu h longer view of my trades.
interesting view...i see what you are saying, personally I think we've seen a huge surge in a short space of time across the board, so I'd be keen to exit anywhere close to 10 with a view to a correction / cool down period. I was in at 905 and out at 10 FWIW, nothing earth shattering but the profit is there.
Hey guys,
I am new to investing and currently a minor. I thought to myself i might give investing a try and i've gotten a bit worried. I invested $1000 in Woodside and $500 in Iluka Resources. I think i made a mistake with Iluka Resources because they have a dividend yield of 8.6% which i thought was really high. Then i did more research and found a few problems. I didn't pay a brokerage and i bought it at $9.2. Would people recommend I cut my losses and get out with a $20 loss or wait it out? Are the dividend distributions good because i'm not sure it will go up. Do you have any recommendations if I pull out from the share?
Thank you very much for your assistance!! I really appreciate IT!
If you sell the loss is realised, if you hold on it isnt a loss.
I would hold it... whats the rush?
If you don't check the price, you don't even know it's a loss...
In 8 weeks time they will likely pay you a dividend in the order of 55c per share.
A bank deposit will safeguard your capital.
And pay a pittance in interest.
But it won't make you wealthy.
I think you'd be disappointed if you are expecting 55c dividend. Their sales halved from last year's record, and the impact on NPAT is probably an even larger.
History is a poor guide in this case.
Did anyone buy shares in ILU from 8 May 2012 - 9 July 2012? Does anyone know the best way to find this information (ie new shareholders during the period) or get in touch with brokers who bought ILU shares during this period?
At this stage it is confidential and can only be disclosed to persons or brokers who have purchased shares during this period.
Did anyone buy shares in ILU from 8 May 2012 - 9 July 2012? Does anyone know the best way to find this information (ie new shareholders during the period) or get in touch with brokers who bought ILU shares during this period?
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