Hey all,
I'm looking into purchasing some stocks in the near future, thinking of staggering 1k increments fortnightly until 10k.
Looking for some suggestions for resources of what platforms and diversified stocks to look into.
Any other advice or comments welcomed!
Thanks
He hasn't invested any time in that.
Yeah, I've done a little into Vanguard and looked into some other platforms such as nabtrade. As well as a handful of diversified stocks.
But looking for recommendations for resources the general public endorse.
Unless you want to do a lot of investigation (it seems you don't), an ETF will be easiest, and historically have approx the same returns as actively managed funds.
People who are posting these kind of comments are looking for picking the bottom of the market type of trades. They aren't interested in safe, boring returns.
in this bear market, even blue chip stocks give safe, unboring returns.
Do they? In bear markets blue chips don't give returns.
@serpserpserp: not in the way of dividend returns, but you will get more certain cap gains not dissimilar to small cap/penny stocks when the market rallies with much less volatility because that's what high market cap/asx20-50 stocks do. I should have added unboring returns for the mid-long term. I'd like to speculate that this time next year, the ASX20 would've bounced back significantly enough that it'll be close to pre-covid hysteria - that equates to over 40%-60% gains if you are a bear market investor.
i'm not a stock investor per se but i've worked in the fund management industry for the past decade as an accountant and doing portfolio performance reports every month has shown me that ASX blue chip has a proven track record of steady returns for moderate risk investors to pensioners alike.
I'd like to speculate that this time next year, the ASX20 would've bounced back significantly enough that it'll be close to pre-covid hysteria
Good luck on that one. Might want to think about the timeframe on the GFC rebound and factor that into your considerations.
@serpserpserp: Roughly around a year for ~40% returns.
https://www.livewiremarkets.com/wires/how-stock-markets-perf…
@plentifoo: You aren't looking at it right.
Pre GFC levels for ASX200 was 6700 in mid-2007, when the GFC hit the bottom (March 2009 - 18 months later) 3100ish. It took until July 2019 to recover to Pre GFC levels.
So given how long the GFC took to roll out (over a year) I doubt in a years time from today we'll even be where we are today on the share market.
After it hit bottom in the GFC it did rebound very sharply in the following 6 months, but we are a long way from calling the bottom of the market today.
@serpserpserp: maybe because the link refers to US stock markets. And you're correct that >100% returns was only restored to the ASX200 very recently. But if you're aiming for 'unboring' and infrequent blue chip returns anywhere from 40-60% as per my previous post, that 6month-1 year rebound yield could well be something to look into.
40-60% as per my previous post, that 6month-1 year rebound yield could well be something to look into.
Yes. But I just don't see that rebound in the next 6 to 12 months. I see markets declining at least another 4-6 months with some rebound periods as people try and catch the bottom. But as these things work out and as reporting seasons roll around, false positives etc. they will all happen and I think we see the bottom at the very earliest, 6-8 months from now.
@serpserpserp: Fair call. I put some skin in the game just recently, so perhaps my judgement is clouded.
Everything will give great returns at the bottom. If people by into something indexing the asx200 now, when it gets back up to 7000, the value will increase 40%. If you wanted bargain buys, airlines, or anyone else massively affected, but who will likely get a government bailout of some sort, would be a good bet. Qantas is probably too big to fail, but is getting hammered.
Also, people who post these kind of posts don't seem to be willing to do any sort of research or risk analysis themselves, so are unlikely to be successful in picking "bottom of the barrell" stuff.
Yes I've researched into a few companies. However at this stage I don't feel comfortable picking specific companies to invest it. And was looking for more diversified stocks.
I would look into specific companies in future.
Are there any resources that you recommend or research methods to use before investing?
Sorry I should have mentioned I am looking to hold for 20-30+ years and probably continue to invest until then.
So safe and boring is fine with me!
Vdhg or vas or vts for set and forget (and can't be bothered to learn)
Thanks, I'll take a look into those.
Are there any resources you could recommend I use to do further research?
Fool and passive investing Australia appear quite frequently whenever I search anything stock related but not sure what there credibility is like?
My advice is to pick a few companies you're interested in and follow the trends. Eventually you'll get an idea of when a project is going to provide good returns and you can invest straight away.
Thanks for the advice Tasmaniac.
Very good advice
I was saying sell WPL yesterday when oil was near $30 a barrel . Long term after a $7-$10 oil price drop WPL $16.15 is a buy . I can't see oil dropping much further and its a matter of time the US , Saudi's , Russia's look after their interests . Short term though we are in a flood of oil :) Stop loss $13.75 .
Note for trading I still think the ASX is headed to 4500 and index funds will put pressure on this share so I prefer looking at WPL if ASX hit that mark . I just hope no major deal between those 3 biggest countries producers prior . I'm holding puts on multiple stocks except for Coles .
I wouldn't put a lot of money in Natural Resources at this stage. Their is a flood of cash going into the area at the moment as a flight to safety/cyclical companies, but once the slowdown is in effect and these companies are sitting on stockpiles of inventory that they can't move at their cost basis to get out of the ground, you are going to see money fly out of there and back into aviation/tourism companies that are on the brink.
I'd suggest finding companies that are top 3 in their sector and then filter by their leverage. Anything with minimal to no debt is one to look at, then from there, what has their response to this crisis been? Has management been on its game? Then check their last "normal" performance update to the market and see how they were headed, if it seemed like blue sky then their product is in demand then and will likely be in demand again after the crisis (but have a think about how this crisis might affect their strategy and consumers preference).
I'm looking at investing in some NASDAQ tech's (the big well known ones) if their share prices continued to get hammered, looking to pick up one of the big 4 banks but the time to do that could be 3 or 4 months away. Agri is a space which will have some real winners, just don't pick a pure exporter as they are getting smashed. Livestock producers that sell into the local market are in the box seat at the moment, price rises in meats due to the end of drought, but also domestic demand due to hoarding has picked up sales at a preferable price. Should be a win for those guys (not to mention all the drought subsidies and kick backs from the government they are probably yet to receive!)
Look no further than the stocks that have been holding up well in this carnage
A2M
CSL
NXT
Are you the guy who said APT will be $50 in 2 years time ( 2 years ago)?
Sorry if you’re not, memory is fading.
Probably was me. Did get to $40+
I'm no longer a holder though. Do have CSL though but stupidlubsold FMG too early
Yea, I thought it was you. And all praise to be honest, coz when you called it it was only $10 or something. So to get anywhere near $50 is a good call.
you done any research?…