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Beginners - Introduce yourselves!

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Julia said:
This is good advice. And in the current circumstances, there may well be a loss rather than any CGT!
For that matter, this might be a quite relevant consideration in terms of when to do the transfer.
Click to expand...

there all mostly in profit, especially those macqarie group at 17bucks
 
stl_08 said:
oh and also is it possible to swith shares from one person to another. With out having to pay brokerage. I'll be 18soon and will be able to get my own account instead of using the old mans
Click to expand...

Scenario a) Your old man holds the shares in his own name without any indication that the shares are actually yours. You must use off market transfer forms (your broker will have them) and you will crystallize any capital gain or loss on those shares (but your old man will pay it in his tax)

Scenario b) Your old man holds the shares in his name as trustee for you when you turn 18. By proving your age with a certified document such as a drivers license, passport and other forms of identification, you can have your broker transfer the shares into your name with no CGT event. In that case there has been no change in beneficial ownership of the shares.

Hope it's scenario 2 STL

Cheers

Sir O
 
stl_08 said:
yes all were purchased in last 3to 4 months, I bought macquarie at 18bucks, it's only like 10% of my money I was thinking about just riding it for a little bit longer and then selling or do u think just get out now?
Click to expand...

stl_08 said:
there all mostly in profit, especially those macqarie group at 17bucks
Click to expand...
Would be interested to know when you bought MQG at either $17 or $18.
The two posts above quote two different purchase prices.
 
Hi i am brand new to trading and know next to nothing I wondered if it would be appropriate to ask some questions about a company(training) that i am considering investing in? Some feedback wouild be great.
Thanks Tokolosh
PS i live in perth
 
Hi i answered my own question by finding the thread on optionetics. Hope i get my money back when i show up for the two day seminar next week
 
Hi guys, thought it would be time to introduce myself as I am very new to stocks and would love to learn and discuss things in regards to stocks. Just a little background:

My current job, as a full-time undergrad tax accountant, was the actual reason that I got interested in stocks. The reason behind this is because our clientele mainly consists of investors and of course by doing their tax returns, I get exposure to all of their income streams and also any of their various investments from their SMSFs. In addition, I have been very interested in passive income before I even took the job; mainly from reading a few books here and there but was always to scared to invest in the market.

Just around 3 weeks ago I made my first buy and I have been reading these forums anonymously for the past few days, especially Sir O's beginner thread, which I very much appreciate him doing. So I look forward to learning from you all and discussing anything to with stocks! Hopefully my education in stocks will also become better and better in the process.
 

Hi abcguy, welcome to the forum

Lesson 1: If you buy a stock at a certain price because you think the price will go up, remember, you are buying off someone else who will most defiantly be more experienced then you and who thinks the price wont go up. Good luck! :
 
Hi guys, i am also fairly new to this. Started my first investment sometimes before the market crash, after reading about managed funds. Having to see my hard earnt money halved in a matter of months, so thought i better learn more before buying. Recently followed some workmate's advice and started investing while the market is low and purchased mqg @16, pry@ 3.70, gmg @15 cents. Jus now i have the dilemma of when to sell, any suggestions?
 
Welcome to ASF.

I hope you find the forum a useful aid for your development. ASF's users can't provide you specific advice (eg. recommendations to buy/sell/hold etc). What we can do is help give you the tools to make the decision for yourself.

Most here will agree that deciding when to sell anything is the hardest choice of all. Click around, use the search function and invest time in learning here and elsewhere. Consider visiting the threads specific to each of the companies and most importantly, start thinking about an overall strategy that encompasses buying, selling and sizing your position.

Enjoy the ride.
 

Unless their experience is based on fear (which is the majority of the market right?) and they sell based on this fear, I can use this fear to buy great companies selling way below their intrinsic value right? :

Tell me if I'm wrong, after all I am a noob.
 

Your learning quick

You need to keep in mind however, that this fear may be warranted. But if people are selling so they can buy a boat, then that could be a buying opportunity.
 
Hi traders,

I am new to this forum, found it on my endeavour to dip my toes in stocks and futures

I have traded currencies (spot forex) for about 2 years now. I believe I am competent enough to step into the ASX, at least that's how I picture it

May be that I'm in for a rude awakening.

Will have lots of newbie questions, so please go easy on me

Cheers
 
Greetings Investors (and traders)

Not really a beginner, but beginning to get back into investing, and trading.

Has been too long, and I have not really followed the market in the years I had off. So, now I am on a steep relearning curve, with no sign of the upward trend end soon.

I brought KGL, and feel now that I paid too much for it at the time, but was too eager to get back into the market. However, with pre-feasibility study coming out soon (due end of April), it might have good news with it to push the price above my average price per share purchase price.

The other stock I brought was ARV, which was another knee jerk reaction to some good fundamental news. Gee, I really do need to refocus my investing/trading brain.

Perhaps someone could look at those two stocks and let me know if I'm beginning to get back on track, or totally lost my way again.

Any criticism welcomed, as long as polite language
 
Hi I am brad still relatively new to the whole share market have had a keen interest in it for quite some time which has made me decide to start uni this year to start a Bcom degree majoring in Banking & Finance. I have been registered on the forum a while but just trying to learn what I can, which is helping so I do look forward to getting involved in the forum and taking everything on board
 
New member says HI

Hi guys

I'm a new member to your site, i'm a 26yr old uni student studying a bachelor of commerce on the south coast (university of Wollongong).

I have been looking for more information on technical analysis, where to start, what software programs are good and the like? Technical analysis seems to me the most profitable way to trade from all the information i've been reading as of late.

Can anybody point me in the right way re: technical analysis and have members here had positive results from this method?
 
Re: New member says HI


If you want a nifty free little T/A program to play around with.. I would recommend BestCharts. The better ones of course cost money- you get what you pay for. But starting off with a free program is always a good start, and I use this program to date.

T/A.. all I can say is self empowered research. That's how I learnt.. buy a few decent books (ASF has some recommendations at the store that I have bought and have been thrilled with) and educate yourself. It's the best way.
 
Re: New member says HI

Pappon said:
Can anybody point me in the right way re: technical analysis and have members here had positive results from this method?
Click to expand...

Good advice from SJX.

I will just add it doesn't really matter what type of T/A you use - EW, Wyckoff/VSA, indicators etc etc. Application, good trade and money management and being able to read a chart in general are the important things imo.

Nick Radges book - Adaptive Analysis is a good book to start with imo, pretty sure it is available from the ASF book shop.

Good luck in your journey.
 
Hi Everyone

I am still fairly new to this forum. I am actually a financial planner, just moved interstate and between positions at the moment, and am doing some CFD trading while waiting for a position.

I'll make no bones about it, I am a financial and investment professional but am a newbie trader, and investing is not trading. I guess I have a bit more knowledge than the usual newb but I have never really looked at trading on a macro level, such as day trading, before so I have a lot to learn and will freely admit it, so I look forward to your help and what help I can also offer (if any LOL).

If anyone wants to know any of the "inside dope" about the industry from one of those "evil, greedy,dodgy" advisers, let me know.

Cheers
 
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