Beginners - Introduce yourselves!

[RbNEO]

Hi all, nice to meet you! I'm new here looking to finally start investing. I'm in my late 20s looking to finally start properly investing money. Was supposed to do it a few years ago when I attempted value investing, but realised reading annual reports that are hundreds of pages long is no fun lol.

I don't have a proper portfolio right now, just one share that I did as a test run but looking to expand asap.

 

[Dona Ferentes]

Hi all, nice to meet you! I'm new here looking to finally start investing. I'm in my late 20s looking to finally start properly investing money. Was supposed to do it a few years ago when I attempted value investing, but realised reading annual reports that are hundreds of pages long is no fun lol.

I don't have a proper portfolio right now, just one share that I did as a test run but looking to expand asap.

it's a marathon , not a sprint

have a go here, it may help to focus the mind

February 2025 Stock Tipping Competition Entry Thread!

Good afternoon everyone and welcome to the February 2025 stock tipping competition entry thread! :) The February 2025 stock tipping competition is proudly sponsored by TradingView, a charting platform and social network used by 50M+ traders and investors worldwide to spot opportunities across...

www.aussiestockforums.com

 

[DaveTrade]

Hi all, nice to meet you! I'm new here looking to finally start investing. I'm in my late 20s looking to finally start properly investing money. Was supposed to do it a few years ago when I attempted value investing, but realised reading annual reports that are hundreds of pages long is no fun lol.

I don't have a proper portfolio right now, just one share that I did as a test run but looking to expand asap.

Welcome to the site mate, I'm a TA trader so not a stock investor but there others here that can help with your knowledge of investing. My advice is to always play it safe.

 

[RbNEO]

Welcome to the site mate, I'm a TA trader so not a stock investor but there others here that can help with your knowledge of investing. My advice is to always play it safe.

Thanks!

 

[Garpal Gumnut]

Hi all, nice to meet you! I'm new here looking to finally start investing. I'm in my late 20s looking to finally start properly investing money. Was supposed to do it a few years ago when I attempted value investing, but realised reading annual reports that are hundreds of pages long is no fun lol.

I don't have a proper portfolio right now, just one share that I did as a test run but looking to expand asap.

I always recommend the search area of ASF to new members, It is a mine of information.

Searching Aussie Stock Forums

Quick question from a newbie... How do you search the ASF site for shares you are interested in or other keywords that may have been discussed in the forums? I can't seem to find a way to do it.

www.aussiestockforums.com

All the best with your trading and investing.

gg

 

[RbNEO]

it's a marathon , not a sprint

have a go here, it may help to focus the mind

February 2025 Stock Tipping Competition Entry Thread!

Good afternoon everyone and welcome to the February 2025 stock tipping competition entry thread! :) The February 2025 stock tipping competition is proudly sponsored by TradingView, a charting platform and social network used by 50M+ traders and investors worldwide to spot opportunities across...

www.aussiestockforums.com

Definitely, when I said asap I meant for me to stop delaying it and starting taking action on it.

 

[divs4ever]

Definitely, when I said asap I meant for me to stop delaying it and starting taking action on it.

welcome to ASF

but don't hurry to park your money yet ( unless you spot something compelling )

watch and learn first , some shares given better outcomes with certain styles of selection and buy timing

some shares fluctuate in cycles , some are often stuck in a range

you DON'T need to buy a big parcel at once , sure buying smaller ones cost more in brokerage but you get to watch for better times to buy ( or pick a different share if one becomes attractive )

this investing/trading thing is a STEEP learning curve , expect to take years to get most of it correct

please take care , and be flexible when you need to be

 

[RbNEO]

welcome to ASF

but don't hurry to park your money yet ( unless you spot something compelling )

watch and learn first , some shares given better outcomes with certain styles of selection and buy timing

some shares fluctuate in cycles , some are often stuck in a range

you DON'T need to buy a big parcel at once , sure buying smaller ones cost more in brokerage but you get to watch for better times to buy ( or pick a different share if one becomes attractive )

this investing/trading thing is a STEEP learning curve , expect to take years to get most of it correct

please take care , and be flexible when you need to be

Thank you and will keep that in mind. I was planning to make a post soon on what I plan to do. I've read quite a bit about investing previously I'm just a bit rusty atm, will need to refresh my knowledge.

 

[farmerge]

Thank you and will keep that in mind. I was planning to make a post soon on what I plan to do. I've read quite a bit about investing previously I'm just a bit rusty atm, will need to refresh my knowledge.

Good evening RbNEO and welcome to this fantastic ASF site.
May you do well.
There are two things I reckon that you should keep stuck before your eyes and these are:
1) It's your money, hard earned not someone else's, so be super cautious about advice, free or paid. You will find that you are as knowledgeable as the experts and
2) DYOR ie do your own research. If a mistake is made it is then a lesson learnt and only you will have to carry the can for that.
We have all got a horror story of our own.
Hopefully we will see your tag in the February Comp that is now open.
Jump in and have a bit of fan each month.

 

[divs4ever]

yes , don't forget the comp.

it is a good way to help focus on a likely stock ( and an excellent way to test a strategy for nasty flaws )

short-term prices go up/down on market perception/expectation ( and can be wildly different to facts and logic )

 

[RbNEO]

Good evening RbNEO and welcome to this fantastic ASF site.
May you do well.
There are two things I reckon that you should keep stuck before your eyes and these are:
1) It's your money, hard earned not someone else's, so be super cautious about advice, free or paid. You will find that you are as knowledgeable as the experts and
2) DYOR ie do your own research. If a mistake is made it is then a lesson learnt and only you will have to carry the can for that.
We have all got a horror story of our own.
Hopefully we will see your tag in the February Comp that is now open.
Jump in and have a bit of fan each month.

Thanks and will keep an eye on it.

 

[JohnDe]

Hi all, nice to meet you! I'm new here looking to finally start investing. I'm in my late 20s looking to finally start properly investing money. Was supposed to do it a few years ago when I attempted value investing, but realised reading annual reports that are hundreds of pages long is no fun lol.

I don't have a proper portfolio right now, just one share that I did as a test run but looking to expand asap.

Welcome aboard.

 

[RbNEO]

Welcome aboard.

Thank you.

 

[JohnDe]

Thank you.

Have a watch -

 

[dyna]

but realised reading annual reports that are hundreds of pages long is no fun lol.

Welcome to the party , R b.

Here's my big tip ! Don't "read " , just skim . Start towards the back half at the cash flows . If real money is not coming in and there are always losses , you are looking at a penny dreadful , a " speccie " and it's high risk . Knowing that , you can then ignore all the fluff at the front of the report and take all further company announcements with a grain of salt . I do play around with this Scheisse , but with both eyes wide open and it's mainly for fun . My long term holdings , and superannuation ( don't ignore that ) while profitable are just like Real Estate , ......pretty boring . Stay away from the gambling end of the sharemarket , at least at the beginning of your wealth creation journey . You are going to need patience to become financially independent . Very few get rich quick . Read Mr. Divs # 2487 post again " expect it to take years " . Good luck . ( That is a real thing , too . Believe me . )

 

[RbNEO]

Welcome to the party , R b.

Here's my big tip ! Don't "read " , just skim . Start towards the back half at the cash flows . If real money is not coming in and there are always losses , you are looking at a penny dreadful , a " speccie " and it's high risk . Knowing that , you can then ignore all the fluff at the front of the report and take all further company announcements with a grain of salt . I do play around with this Scheisse , but with both eyes wide open and it's mainly for fun . My long term holdings , and superannuation ( don't ignore that ) while profitable are just like Real Estate , ......pretty boring . Stay away from the gambling end of the sharemarket , at least at the beginning of your wealth creation journey . You are going to need patience to become financially independent . Very few get rich quick . Read Mr. Divs # 2487 post again " expect it to take years " . Good luck . ( That is a real thing , too . Believe me . )

Appreciate the help, thanks!

 

[divs4ever]

Welcome to the party , R b.

Here's my big tip ! Don't "read " , just skim . Start towards the back half at the cash flows . If real money is not coming in and there are always losses , you are looking at a penny dreadful , a " speccie " and it's high risk . Knowing that , you can then ignore all the fluff at the front of the report and take all further company announcements with a grain of salt . I do play around with this Scheisse , but with both eyes wide open and it's mainly for fun . My long term holdings , and superannuation ( don't ignore that ) while profitable are just like Real Estate , ......pretty boring . Stay away from the gambling end of the sharemarket , at least at the beginning of your wealth creation journey . You are going to need patience to become financially independent . Very few get rich quick . Read Mr. Divs # 2487 post again " expect it to take years " . Good luck . ( That is a real thing , too . Believe me . )

actually , Marcus Padley has ( out there somewhere ) a nice cheat-sheet to reading annual reports ( and when to pay CLOSE attention to details )

useful tips like when the preso , has photos of happy families having a picnic right up front ( and the company has nothing to do with travel , agriculture , etc , THAT is red flag one .)

very few companies are uncomfortably honest , when you find one study the report intensely , it is likely to give real hints to the economy , industry and rival companies


and those years included uncomfortable risk-taking because i only had 10 years ( turned out only 7 years ) to get the portfolio up to scratch ( where i thought i should be , i had to push at times , ( and 10 years is what i really needed to dabble and learn , NOT rush for the big outcome )

regarding cash-flow .. also watch out for companies living on R&D grants/refunds , they should be the icing on the cake , not the bread of life ( fell for that trap a couple of times .. R&D grants can be very addictive )