CanOz
Home runs feel good, but base hits pay bills!
- Joined
- 11 July 2006
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Hi There,
I'm a newbie and looking for a decent newsletter to learn to assess stocks. I know this is an old thread but anyone has any personal experience with newsletters. DROPPED MOST NOW EUREKA
STILL MY NO 1
I ONLY TRADE TOP 30 HERE TOP 200 IN USA
I understand that a lot of the time is not the shares that you buy but the risk management (ie. having stop losses to avoid large losses) and position sizing (risking a small % of your portfolio) on your plan.
ALWAYS OPTIONS - COVERED CALLS SAFEST
I would like to hear more about position sizing. I have read books about it and they use formulas and suggest to risk 1% or 2% of your total capital. I would like to understand how does this work in practice.
TOP 30 MAX 10% OF PORTFOLIO
DOWN TO SMALL CAP RUBBISH 1% MAX
ALWAYS HAVE STOPS
So if i have 20,000 then I should only buy $400 (2% risk) worth of shares? It seems to me that 2% risk is too low. Can someone please provide some insight?
THAT WOULD BE MINIMUM AMOUNT TO BUY SHARES $500
Thank you,
David
Hi There,
I'm a newbie and looking for a decent newsletter to learn to assess stocks. I know this is an old thread but anyone has any personal experience with newsletters.
I understand that a lot of the time is not the shares that you buy but the risk management (ie. having stop losses to avoid large losses) and position sizing (risking a small % of your portfolio) on your plan.
I would like to hear more about position sizing. I have read books about it and they use formulas and suggest to risk 1% or 2% of your total capital. I would like to understand how does this work in practice.
So if i have 20,000 then I should only buy $400 (2% risk) worth of shares? It seems to me that 2% risk is too low. Can someone please provide some insight?
Thank you,
David
Hi there,
I was looking at couple of investment newsletter to assist with my investment decision. I have tried trial with Huntley and Fat Prophet to see how their advice pan out from the beginning of 2007 to now. Seems like none has passed the 'bear market' test. Most of their recommendation pretty much collapsed together with the market.
I tried Eureka as well. Whilst it provides a good finance journalism, it doesnt recommend shares.
Is there anybody that has good experience with their different newsletter than the above?
Thanks,
Question: If somebody thinks he/she has the ability to know what stocks have a good chance of making money, why aren't those folks quietly making squillions of dollars, and going into early retirement? Why share the secret.
After all, how many treasure hunters advertise the fact they know the location of where a treasure is buried?
Gidday Troops.
I am after some opinion and advice on email investment newsletters.
My involvement with the Aussie stock market probably goes back about thirty years, buying and selling whatever. My current small holding is with Telstra, bought through the employee scheme they had running back then.
In the last year or so, I have subscribed to various free stock market newsletters, namely Port Phillip Publishing, who put out The Daily Reckoning, Small Cap Investigator, and Cycles Trends and Forecasts, The Motely Fool, and the Wealth Builders Club of Australia.
As you read through the blurbs of these various newsletters, they each "promise" so much. But how do they stack up, either with each other, and with stocks in general. Are they the "bees knees" in stock recommendations.
I would be very much interested in hearing from members who may subscribe to the reports offered by these newsletters. Have they made money? Lost money? Are the recommendations kosher, with lots of backup and research. The one thing that is common to them is the large fistful of dollars they want for the reports.
Question: If somebody thinks he/she has the ability to know what stocks have a good chance of making money, why aren't those folks quietly making squillions of dollars, and going into early retirement? Why share the secret.
After all, how many treasure hunters advertise the fact they know the location of where a treasure is buried?
Could any replies please keep to the subject. I've posted to other forums (not stock related) asking for information, and by about the fifth or sixth reply, they are way off track.
I imagine fellow members are educated, intelligent and sophisticated, so I hope replies reflect this.
If somebody thinks he/she has the ability to know what stocks have a good chance of making money, why aren't those folks quietly making squillions of dollars, and going into early retirement? Why share the secret.
Over the years I have subscribed to a number of reports as well namely Morningstar, Motley fool and Stockdoctor my reason was to get a Fundamental view of what companies where believed to be in good shape to invest in as I believe they could do it better then I could and I did not have the time to read reports.
These newsletters..........
StockDocktor is not a newsletter !
Question: If somebody thinks he/she has the ability to know what stocks have a good chance of making money, why aren't those folks quietly making squillions of dollars, and going into early retirement? Why share the secret.
After all, how many treasure hunters advertise the fact they know the location of where a treasure is buried?
If you do a search here you will find a whole thread on Port Phillip Publishing.
... Betcha he cant put em back!!! ...
I would be very surprised if any of these tipsters made more than 10% of their income from actually trading their recommendations.
Well I know one personally------so be surprised.
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