Australian (ASX) Stock Market Forum

New to investing, just a few quick questions

Jump to new
R

rock86

Joined
15 July 2009
Posts
110
Reactions
0
Hey everybody,

Well I recently graduated uni with an Accounting and Finance degree, and have always been interested in financial markets, especially during my course but never had any cash to invest, however now with a job and thanks to Mr Rudd and the Tax Office :) I have some funds to invest.

I set up a on-line trading with NAB, for the reason I have always used them for everything, it was easy and at the moment I will not be trading so much. However I am interested in trading in overseas markets, and was wondering how to go about this??

Also I don't have 1000's to spend at the moment, but just want to start small and each time I have some savings, keep buying even if small amounts of shares; do you think this is the way to go??

Last thing, I have been looking and researching Santos, and to me they seem undervalued, especially with the ESG takeover, and also there plan to borrow $11.9 billion (I think, correct me if I am wrong) over the next few years to expand seems like they have a smart business plan. What does anybody think about the purchase of these stocks??

Any help would be greatly appreciated. Cheers :)
 
I think I got busted providing advice on which stocks to buy or sell here before so i won't comment.
 
kam75 said:
I think I got busted providing advice on which stocks to buy or sell here before so i won't comment.
Click to expand...

Good reminder Kam. Joe has posted on this many times, never hurts to see it again:

Joe Blow said:
As the administrator of Aussie Stock Forums I need to be very clear about one point in particular.

It is illegal for anyone on these forums to offer you specific financial advice (i.e. advice about how to invest your money). I cannot stress that enough. Nobody here can advise you to buy or sell a particular stock or to invest your money in a specific way. The only people legally allowed to advise you how to invest your money are licensed financial advisers.

A forum like ASF is not filled with easy answers nor is it a fast track to successful investing. It is simply a place for the discussion of ASX listed companies and various investment and trading related topics.

Please consider reading the following topics from the ASIC consumer website:

Investing Basics
Getting Good Advice
Click to expand...
 
rock86 said:
I set up a on-line trading with NAB, for the reason I have always used them for everything, it was easy and at the moment I will not be trading so much. However I am interested in trading in overseas markets, and was wondering how to go about this??

Also I don't have 1000's to spend at the moment, but just want to start small and each time I have some savings, keep buying even if small amounts of shares; do you think this is the way to go??
Click to expand...

If u plan on doing small buys, every so often and don't have much money, then the first
thing u need is a cheap broker....NAB at 29.95 a trade is not cheap.

Have a look at commsec, bell direct and netwealth...all less than 20 bucks a trade and
easy to set up.
 
So_Cynical said:
If u plan on doing small buys, every so often and don't have much money, then the first
thing u need is a cheap broker....NAB at 29.95 a trade is not cheap.

Have a look at commsec, bell direct and netwealth...all less than 20 bucks a trade and
easy to set up.
Click to expand...

IB is even cheaper... isn't it only $6
 
I have a sure way of making great wads of cash,
1/ invest in a tree plantation
2/claim the tax deduction
3/let it go bust
4/cut trees down
5/pulp wood into paper
6/print your own money

moral of story-----about 10 years in the big house
 
jono1887 said:
IB is even cheaper... isn't it only $6
Click to expand...

I just assumed he didn't have the required 10.000 USD equivalent to open a IB account

rock86 said:
never had any cash to invest, however now with a job and thanks to Mr Rudd and the Tax Office :) I have some funds to invest.

I set up a on-line trading with NAB, for the reason I have always used them for everything, it was easy and at the moment I will not be trading so much.
Click to expand...

EDIT:

skyQuake said:
$3k USD if 21 or under
Click to expand...

Ok that's weird.
 
rock86 said:
Hey everybody,

Well I recently graduated uni with an Accounting and Finance degree, and have always been interested in financial markets, especially during my course but never had any cash to invest, however now with a job and thanks to Mr Rudd and the Tax Office :) I have some funds to invest.

I set up a on-line trading with NAB, for the reason I have always used them for everything, it was easy and at the moment I will not be trading so much. However I am interested in trading in overseas markets, and was wondering how to go about this??

Also I don't have 1000's to spend at the moment, but just want to start small and each time I have some savings, keep buying even if small amounts of shares; do you think this is the way to go??

Last thing, I have been looking and researching Santos, and to me they seem undervalued, especially with the ESG takeover, and also there plan to borrow $11.9 billion (I think, correct me if I am wrong) over the next few years to expand seems like they have a smart business plan. What does anybody think about the purchase of these stocks??

Any help would be greatly appreciated. Cheers :)
Click to expand...

Rocky baby,

Play it on

You are on the money.

Its a zero sum game and someone got's to lose , and it won't be the ole KRudd and it won't be the NAB.

You say you have some **** degree in something and you are cash poor.

2 very big mistakes.

Tell me your buy picks mate and I'll short em just for laughs.

Are you for real ??

gg
 
Wow, well done garpal. You were singularly unhelpful, dismissive and condescending.

The community is truly blessed by your presence.
 
Zaij said:
Wow, well done garpal. You were singularly unhelpful, dismissive and condescending.

The community is truly blessed by your presence.
Click to expand...

trainspotter said:
Sounds like something that Billy the Kid would say to Whyatt Earp ?
Click to expand...

I'd prefer to be Doc Halliday but if you insist lets hear from the Bard.

Shakespeare:

"Neither a borrower nor a lender be;
For loan oft loses both itself and friend,
And borrowing dulls the edge of husbandry.
This above all: to thine ownself be true,
And it must follow, as the night the day,
Thou canst not then be false to any man.
Farewell: my blessing season this in thee!"
--Lord Polonius, Hamlet Act I, Scene 3

gg
 
Well excuse my prose ... I was trying to bring bring a taunt into a context where a SHOTGUN was not necessary. You do the math on that one.

"Alas, poor Yorick! I knew him, Horatio: a fellow
of infinite jest, of most excellent fancy: he hath
borne me on his back a thousand times; and now, how
abhorred in my imagination it is! my gorge rims at it." William himself

"Let us not forget that once we were sullen, the almighty reined, and the downtrodden did not spake." By trainspotter 16th July 2009
 
trainspotter said:
Well excuse my prose ... I was trying to bring bring a taunt into a context where a SHOTGUN was not necessary. You do the math on that one.

"Alas, poor Yorick! I knew him, Horatio: a fellow
of infinite jest, of most excellent fancy: he hath
borne me on his back a thousand times; and now, how
abhorred in my imagination it is! my gorge rims at it." William himself

"Let us not forget that once we were sullen, the almighty reined, and the downtrodden did not spake." By trainspotter 16th July 2009
Click to expand...

Yeh ,

Fair call . Apologise.

Its still a distick thread, concept, though.

Like saying how do I become a real estate agent.

gg
 
Give the OP a break, he is new and asking for some help, that's all.
 
rock86 said:
Hey everybody,

Well I recently graduated uni with an Accounting and Finance degree, and have always been interested in financial markets, especially during my course but never had any cash to invest, however now with a job and thanks to Mr Rudd and the Tax Office :) I have some funds to invest.

I set up a on-line trading with NAB, for the reason I have always used them for everything, it was easy and at the moment I will not be trading so much. However I am interested in trading in overseas markets, and was wondering how to go about this??

Also I don't have 1000's to spend at the moment, but just want to start small and each time I have some savings, keep buying even if small amounts of shares; do you think this is the way to go??

Last thing, I have been looking and researching Santos, and to me they seem undervalued, especially with the ESG takeover, and also there plan to borrow $11.9 billion (I think, correct me if I am wrong) over the next few years to expand seems like they have a smart business plan. What does anybody think about the purchase of these stocks??

Any help would be greatly appreciated. Cheers :)
Click to expand...

Timmy said:
Give the OP a break, he is new and asking for some help, that's all.
Click to expand...

As Doc Halliday would say

He dont sound jennyouoine.

His initial paragraph states he has done an Accounting and Finance Degree whatever the fcuk that is.

He then says he has been interested in investing as an a aside, And he's doing a Finance degree. What a surprise!!

All the crap about Ruddmoney and the ATO and a job sounds like one of KEV07's paid little spin boys or girls dipping their pigoen toes in the waters.

So then he goes from having a passbook at the local NAB branch, in two sentences, to making quite advanced fundametalist opinions on Santos.

Please .

Give.

Me

A

Break.

This guy is either a Rudd twit or a nonce entering a forum where he thinks the members are nonces.

Send him to hotcopper.com.au

gg
 

Similar threads

R
My strategy/plan going forward
Replies
13
Views
961
RbNEO
R
A
Long term plan to invest in a few ETFs
Replies
13
Views
2K
Value Collector
Value Collector
JohnDe
Can you make money investing in watches?
2
Replies
29
Views
1K
moXJO
M
M
Exploring Trading Apps: Need Advice!
Replies
3
Views
1K
greggles
greggles
TiminOz
The dynamics of money and TIME: crimping cashflow for a period
Replies
3
Views
859
TiminOz
TiminOz
Top