What Shares Will Go up in May?

evgpek on 02/05/2018 - 10:20
Last edited 05/05/2018 - 09:41 by 1 other user

I just used IG 10000 Qantas Point campaign for opening share trade account.

I need to buy some shares for just $450.

What shares should I buy for short term investment?

Great ideas keep them coming I will let you know what I will invest in tonight!

Update

So I went with AMP let’s see how it goes in 30 days!

they went down so dramatically i reckon that some shareholders have over reacted. I hope that it will recover at least 10% in one month, which is good for short term investment. (Could be Better than bitcoin).

Thank you all for discussion 😅

Financial

Comments

  • ausdday on 02/05/2018 - 10:27
    +10

    bitcoin

    • evgpek on 02/05/2018 - 10:47

      Any bitcoin trading platform sells shares?

      • ausdday on 02/05/2018 - 10:52
        +8

        Google "Sell in May and go away".

        • evgpek on 02/05/2018 - 14:23
          -2

          To sell something I need to have something hehehe

        • poboy on 02/05/2018 - 16:06
          +7

          Not if you're naked.

  • CyberMurning on 02/05/2018 - 10:29
    +22

    where can i get cheap crystal balls?

    • FIVEDOLLAR on 02/05/2018 - 13:27
      +9

      I'm selling some, $500 ea. PM me if you're interested.
      while stocks last.

      • jsb on 02/05/2018 - 23:05
        +1

        OP says budget is $450

      • [Deactivated] on 04/05/2018 - 08:43

        30 people are looking at this offer right now!
        Almost Gone! Just a few left.

  • inherentchoice on 02/05/2018 - 10:29
    +5

    AMP might be cheap atm.

    But no one has a crystal ball sorry.

    • evgpek on 02/05/2018 - 10:42

      Thanks!

    • D3AB on 02/05/2018 - 17:17
      +6

      for good reason.

      • ChickenTalon on 02/05/2018 - 20:25
        +3

        AMP isn’t cheap. They pretty much have no business model anymore.

        • evgpek on 04/05/2018 - 09:52

          I’m pretty sure they will be doing just fine in the short term

        • ChickenTalon on 04/05/2018 - 12:03

          @evgpek: Based on what?!!?

          Not a company I'd want to play pass-the-parcel with.

        • deebrie on 05/05/2018 - 00:52
          +2

          @evgpek: considering they just dropped interest rates on their savings accounts, I think they'll soon be hemorrhaging customers. Me included.

        • JMxoxo on 05/05/2018 - 14:14

          @evgpek: Short term sure maybe on the chart of an automatic rally after stopping volume but after that it will drift

        • onevstheworld on 13/08/2018 - 15:40

          @evgpek:
          You're brave.

          As of last week the RC has started looking into superannuation, which is a major part of AMP's business.

          https://www.google.com.au/amp/s/amp.smh.com.au/business/bank…

          The RC has already burned thier primary business (financial advice) to the ground earlier in the year (for good reason too). I won't be surprised if this round they piss on their ashes.

    • JMxoxo on 05/05/2018 - 14:13
      +2

      cheap doesn't = good investment, terrible logic.
      guess this is ozbargain though lol

  • idontalwaysnotlie on 02/05/2018 - 10:30
    +1

    Let me consult my crystal ball, "Outlook not so good". Might be broken.

    • evgpek on 02/05/2018 - 10:43

      Hahahah good one

    • R-Man on 02/05/2018 - 15:13
      +22

      Try Lotus Notes?

      • D6C1 on 02/05/2018 - 19:27
        +7

        Only an IT nerd would get that

        • affable on 03/05/2018 - 08:53
          +2

          oh DAMN, guess I'm an IT nerd then. MS Outlook!

  • myusername on 02/05/2018 - 10:39
    +2

    how long is a piece of string?

    • Cabrinha on 02/05/2018 - 10:45
      -5

      Thats easy its infinite, it has no end.

    • Fizzydrink on 04/05/2018 - 11:12
      +4

      twice the distance from the centre to the outside

  • tsunamisurfer on 02/05/2018 - 10:43
    +3

    OP…think about what you are asking.

    If by some chance people out there knew what shares were going to appreciate in May, would they tell you?

    You are basically asking what the next winning lotto numbers are.

    • Gandalf the Thrifty on 02/05/2018 - 17:14
      +1

      If you actually knew some shares would be going up, wouldn't you already have bought the shares? so telling other people to buy them would seem to be inconsequential

    • jacross on 03/05/2018 - 08:25
      +3

      I would. I want everyone buying them. Just after I did.

      This is basically how a pump and dump works.

  • Hybroid on 02/05/2018 - 10:44
    +1

    Love them or hate them, AAPL is a pretty safe bet. Q2 results yesterday continue to be positive and the share price wave will ride on.

    You can get exactly 2 shares for 450 AUD.

  • Fergy1987 on 02/05/2018 - 10:45
    +5

    Invest in medicinal marijuana - Auscann and the likes

    • frondono on 02/05/2018 - 11:29
      +2

      Focus on the Canadian companies.

      • Fergy1987 on 02/05/2018 - 11:38
        +1

        Well the Canadians have invested in AusCann because they reckon its a winner :P - At $1.77 now - was 30cents last year…..good buy :)

        • John Kimble on 02/05/2018 - 13:47
          +3

          1 year!? Way too long unfortunately, OP wants stuff that will go up this month.

        • Noblejoker on 03/05/2018 - 14:27
          +1

          @John Kimble: maybe OP should put in a crop of medical marijuana - that might come up in a month with hydro!

      • terrys on 03/05/2018 - 07:45

        The famous Canadian Pharmacy? They must be safe.

  • kipps on 02/05/2018 - 10:48
    -3

    It is a complete waste of time and money investing only $450 AUD in shares, even more so for short-term investing, and even if brokerage is free.

    If you sell within 12 months and are lucky enough to make a profit you will be paying CGT on the entire cost base. The time and effort spent calculating CGT and tax implications alone will probably negate the gain you made.

    And then, of course, there's a risk that your investment drops.

    If you want to gamble then put then $450 on the riskiest share you can find. Maybe you will get lucky.

    • evgpek on 02/05/2018 - 11:49
      +4

      Well I will make 10000 Qantas points for sure

      • Donaldhump on 02/05/2018 - 20:55
        +1

        How do u get these points

    • dazweeja on 02/05/2018 - 12:24
      +1

      If you sell within 12 months, don't you just subtract the cost price from the sale price and that's the capital gain. This is entered in the appropriate section on your tax return, and added to your income for tax purposes. Sound pretty simple to me. See 'Other method' here:

      https://www.ato.gov.au/general/capital-gains-tax/working-out…

    • Donaldhump on 02/05/2018 - 20:54
      +8

      For gods sake that is the most insane advice and logic I’ve ever heard.

      The g in cgt stands for gain

    • tomleonhart on 03/05/2018 - 03:47
      -2

      So I invest 1000. make $200. I’ll pay CGT on $1000 ? Because that’s my cost base.

      Don’t think that’s how it works.

      • idonotknowwhy on 03/05/2018 - 17:04
        +8

        I'm afraid it is. You have to pay it in iTunes vouchers otherwise we'll issue a warrant for your arrest!

  • MathNerd on 02/05/2018 - 10:57

    Let me find you a deal on crystal balls.

    I charge a consultation fee of $500 + GST per hour.

  • Oz8argain on 02/05/2018 - 11:09
    +6

    What shares should I buy for short term investment?

    buy the ones that goes up

  • [Deactivated] on 02/05/2018 - 11:16
    +7

    bitconnect

    • CharityCase on 02/05/2018 - 19:26
      +3

      no, but WASSUP WASSUP WASSSSUUP! BITCONNNNNNEEEEECCCCT!

  • Wystri Warrick on 02/05/2018 - 11:26
    +3

    BTC, ETH, XRP, EOS.

    • evgpek on 02/05/2018 - 11:57

      Not the shares through IG 😂

  • [Deactivated] on 02/05/2018 - 11:32

    Lol, the stuff people do for frequent flyer points

  • garffi on 02/05/2018 - 11:37
    +1

    facebook

    • evgpek on 02/05/2018 - 11:59

      True

  • CLoSeR on 02/05/2018 - 12:21
    -1

    hahahaha

  • Zaenille on 02/05/2018 - 12:29
    +1

    I don't have a crystal ball, but thanks OP for bringing up the IG 10000 QP bonus. I might partake as well.

    Isn't posted yet on ozbargain so here it is: https://www.ozbargain.com.au/node/375885

    • coin saver on 02/05/2018 - 17:23
      -2

      Zaenille Your net worth has already increased by 15 votes.

  • dasher86 on 02/05/2018 - 12:50
    +5

    You can buy some shares in a pizza.
    It will be a very short term investment.

    • ausdday on 02/05/2018 - 12:59
      +2

      Can I buy a share of your pizza? I only have $1.99 (not enough for the $2 nuggets)

  • FireRunner on 02/05/2018 - 13:31
    +1

    My time machine is broken so I can't help you until its fixed.

    • Popid on 03/05/2018 - 20:15
      +1

      but when it IS fixed you should've been able to come back to now and helped…either your machine never gets fixed, or you're just not really interested in helping I guess

  • John Kimble on 02/05/2018 - 13:50
    -1

    If I knew this I would not need to be working for a wage, and unlikely to be browsing OZB.

    • evgpek on 02/05/2018 - 14:21

      Hey you should subscribe ;)

    • Donaldhump on 02/05/2018 - 21:59

      Exactly

  • bossmode on 02/05/2018 - 15:03

    Having glanced at your comments section, this might fall upon deaf ears, but as trite as the following comment is going to sound, when it comes to investments and financials, you must do your own research.

    Spruikers are paid to make a living on taking advantage of weak-minded and erratic investors who take to forums and boards asking novice questions like the one you raised: You're sounding off to predators and literally letting everyone know that you're too lax to engage in any form of basic research, and would rather hear from the public opinion on what your best financial move should be, now that you've opened a new account on IG.

    And on that note, since you're asking for the opinions of others, I don't think opening a trading account purely for the sake of obtaining frequent flyer points is a sound approach to financial success: Rather than contemplating what shares will go up in May, or the best place to buy spices in Sydney, or recommendations for a mattress for back pain, or where you can find free parking in Hobart CBD, or trying to find a non-executive board position;

    Why don't you take the initiative and do your own research?

    • evgpek on 02/05/2018 - 15:14
      +6

      Thank you for investing your time for doing your own research! 👌

      I have learned so much from Ozbargain community and always look for a ways to share my own knowledge.

      I have discovered best place to find spices, I no longer have back paid and I’ve decided that being non executive board member is not for me.

      So I highly appreciate the input of the community. A lot of content here is one of the kind and you cannot find it on google.

      It is like Wikipedia great source of inspiration for own research.

      P.S. yes and I did park for free in Hobart 😚

      • terrys on 03/05/2018 - 07:47
        +2

        " I’ve decided that being non executive board member is not for me"

        I take it that was in consultation with the community as well…

    • paradoxez on 02/05/2018 - 19:07
      +11

      lol so op was that guy from back then asking for Non-Executive Board Position on ozbargain.

      "I am young ambitious person with a great international track record coaching startups and disrupting various industries.

      Can you help me to find my first non-executive board position to bring my knowledge to the table?
      "

      10/10

  • pformag on 02/05/2018 - 16:16

    KLH

  • owli on 02/05/2018 - 17:00
    +1

    OP, why don't you just go 1:1 in an ETF that tracks the ASX200 (like ASX:A200) and one that is inverse to the ASX200 (like ASX:BEAR), you would be basically market neutral.

    • evgpek on 02/05/2018 - 17:06

      I will look into that, thank you.

    • Vagon on 03/05/2018 - 09:30
      +1

      For sale in may? may as well hand over the brokerage fee to a charity and at least get a tax deduction.

  • Baysew on 02/05/2018 - 18:12
    +10

    As you seem to just one to do a share trade to get points, I assume you want to buy and than sell soon after.

    I suggest you by a Bonds ETF, essential a fixed interest investment.

    Here are two I would consider -

    SPDR S&P/ASX Australian Bond Fund
    IShares Core Composite Bond ETF

    Some research

    • Devils Advocate on 03/05/2018 - 09:16
      +1

      This is the most useful comment so far. I’d point out that bonds can lose capital value though, I’d go with a cash ETF instead like AAA.

    • SlickMick on 03/05/2018 - 11:15

      have you seen the buy/sell spread on these? Add the buy and sell trade commissions, and OP would certainly have overpaid for those FF points.

      • Devils Advocate on 03/05/2018 - 13:54

        Not sure what you’re talking about here. ETFs don’t have buy/sell spreads or commissions, just brokerage and the inbuilt MER (which comes off return).

        • Oofy Doofy on 03/05/2018 - 21:23

          ETFs do have buy/sell spreads, because at the end of the day the product on offer is from 'organisation goes here' that asks a reasonable fee for service with an allocation of their product.

          So you have two sets of fees, buy/sell spread fees and brokerage fees.

        • Devils Advocate on 04/05/2018 - 09:04
          +1

          @Bamboozle: That’s not a buy/sell spread, that’s an MER.

        • macrocephalic on 04/05/2018 - 11:55

          @Bamboozle: Spiders have no other costs to buy and sell. There are management fees which are subtracted from dividends. Otherwise, you just pay brokerage on them.

        • Oofy Doofy on 04/05/2018 - 23:05

          @macrocephalic: Well, one would think I would have known this specifically since every dollar I've ever earned is in the market. I recently sold all of my allocations I held for years, to use VDHG & the very new VVLU exclusively, 50/50.

        • SlickMick on 05/05/2018 - 11:37

          @Devils Advocate:
          You buy at one price, you sell at another. That's the spread. Highly traded stocks have a tiny spread. From what I've seen, ETFs tend to have huge spreads.

  • cloudy on 02/05/2018 - 19:23
    +2

    I recently (today) bought over $30k of Baby Bunting. It might not go up in May, or even this year, but I think its a great medium to longer term investment.

    I'll briefly state why, but keep in mind, I own shares in this (though it doesn't help me if anyone chooses to also buy shares in BBN).

    • I am a relateively new dad, and from my experience Baby Bunting is top of mind when having a first baby for anyone in Vic.
    • During classes at RWH we were given a gift bag, sponsered by BBN, reinforcing the store of mind when thinking of buying pram, cots, etc.
    • Competitors are closing down. When doing detailed searches of prams/cots, etc we visted a few "nearby" stores. Baby Co in highpoint (since closed), Babys r us possible closing down , Baby Bunting, near HP, and Baby mode in sunshine.
    • We bought our stuff from baby co due to 50% off discounts. But it has since closed. Baby Mode sunshine (which i thought may be cheaper being a independant store) was not the case. It was exactly the same RRP as BBN. But BBN regularly has catalogue specials.
    • BBN also has buying power beyond any store, look at any investor presentation and you will see how many more stores BBN has over the rest. This represents buying power and ability to influence buying terms.
    • BBN is also growing its private and exclusive labels, which brings them more Gross Profits, these are usually sold at lower prices than labels as well so they represents better customer values.
      [Investor Presentation] (https://www.asx.com.au/asx/statistics/displayAnnouncement.do…) for reference.

    When I invest i always ask myself why am i getting a good deal and why doesnt the market see it?
    I think the market is too focused on short term profit falls due to the discounting of closing down stores. Often is the case the market is short term focused and fail to see the longer term. The long term from my point of view is less competitors means the margins they are losing today will be regained tomorrow. Yet the price I am paying today the market is pricing like a competitor will close every year for infinity.

    If you have any questions, or even better, an opposing point of view, please reply to me :)

    If anyone is a "new to be" or new parent, let me know where you bought your new product and tell me about your research you did before hand and the stores you might have visited.

    I also might say, BBN history started in victoria, so I am naturally biased in what i see when i shop around.

    • mlburnian on 02/05/2018 - 22:37
      +3

      Share price trends reflect future outlook, growth prospect. Given the trajectory of BBN share price it looks like the market expects tough6times ahead. Also it would be naive to think that BBN would have a monopoly.

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