Australian (ASX) Stock Market Forum

Beginners - Introduce yourselves!

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Hi, I'm James. 17 from Sydney. Doing my HSC. Part time job 20 hours p/week. Aiming to do a BCom next yr, majoring in accounting and either finance or financial planning at UTS or Macquarie. Trying to get a cadetship with an accounting firm for next yr, and if I get it, will buy my first house and use my income to pay the mortgage whilst living with my parents (before I move out after uni.) Been saving money to invest since 14 and have started investing/trading (losing about 20% since the top.)

Trying to get out of the rat race! eventually.... and am aiming to eventually start my own share trading firm which I can use the dividends to retire.
 
Hi,

My name is Sam Lau. Worked in software development for 4 years after uni.
Made redundant in 2004. Now i got a blue collar job...
Hope to make some extra cash in the share market.
:eek: :eek:
 
JWR said:
Hi, I'm James. 17 from Sydney. Doing my HSC. Part time job 20 hours p/week. Aiming to do a BCom next yr, majoring in accounting and either finance or financial planning at UTS or Macquarie. Trying to get a cadetship with an accounting firm for next yr, and if I get it, will buy my first house and use my income to pay the mortgage whilst living with my parents (before I move out after uni.) Been saving money to invest since 14 and have started investing/trading (losing about 20% since the top.)

Trying to get out of the rat race! eventually.... and am aiming to eventually start my own share trading firm which I can use the dividends to retire.
Click to expand...

Good luck mate... I started saving up from a young age as well and starting trading on the week before my HSC last year :p: It seems like you have quite a lot of your next few years planned out quite well, but are you sure you'd want to take out a mortgage straight out of high school? Not sure the bank would even approve a loan for you with no strong income history. So I take it you're planning to rent out the house whilst your still living with your parents?

btw. how have you gone about investing whilst your still under 18? I had to wait til i was 18 to open a trading account
 
My parents let me invest in their name (with my money) through Commsec, so its not too hard. It shouldn't be too hard to get a mortgage given I'm hoping I'll have a steady income through a cadetship. That will easily cover the mortage (along with rent), in which I can start building my empire. I know it will be hard work though, but having had a job for three years and saving all of it, I'm far ahead of all persons I know at my age. Shouldn't be too hard if I can keep a job in a depressed market (hopefully for a few years so that I have more time to buy share/businesses/property cheaply) to become a millionaire (before 22 :p:) and get out of the rat race that I'll be in soon. just my:2twocents

happy trading
jwr
 
All the best with it JWR, but dont forget to have fun. Your only young once, so make sure you dont look back and think "i wish i had done that". Just keep saving steadily and you'll get there, but spend some money on yourself also

(Im 22 now so its not like im some 'oldie' trying to tell you what to do :p: )
 
prawn_86 said:
All the best with it JWR, but dont forget to have fun. Your only young once, so make sure you dont look back and think "i wish i had done that". Just keep saving steadily and you'll get there, but spend some money on yourself also

(Im 22 now so its not like im some 'oldie' trying to tell you what to do :p: )
Click to expand...

you wouldn't happen to be a millionaire yet would you? :p:
 
Hi all,

Just joined today - great forum you have here!

Look forward to chatting to all of you soon.

Michael
 
Hey there,

Just joined yesterday. I work in a different profession but have always been interested in trading. I plan on getting a qualification in finance sometime in the near future so I don't have all my eggs in one basket as in my current career I could lose my job tomorrow if I lose my medical.

Really enjoying the site so far!

Chode
 
Hi everyone, excellent forum you seem to have here.

My intro:
I'm 21 and have been working full-time since February in banking, straight out of a B Com at Sydney Uni. My studies were predominantly in strategic management and international business so I'm still looking to strengthen my pretty weak accounting/financial know-how.

I think I am a pretty good saver. Since February I have managed to pay my Dad back $8k I borrowed for my first car, as well as save about $2-3k in cash. Admittedly I have the huge advantage of still living at home. I'm looking to build an investment portfolio and be in a position to look at residential property in 3-5 years.

My strengths are in understanding management and strategy, but my balance sheet analysis needs work. At the moment I'm looking at buying financial stocks because I understand that industry but I understand I need to diversify into other industries. Also looking at ETF's.
 
Greetings a newby Kiwi here.
Been investing through a broker for many years but time to take some time and learn for myself. To that end the first task is to learn Metastock and create watch lists etc. Hope to have a system that will provide entry signals etc. Long term investor.
Just completed my Trading Plan using Justine Pollards book.

Regards Rod
 
Hi

Been reading the posts on this site for sometime & thought I'd take the plunge & contribute to some of the threads.

I've been investing since the 90's & have been a member of various chat sites in the past, although not in the last few years.

Am self employed & invest mainly in blue chips.

Cheers
 
Good evening Silent.
Mate I am now 75%plus deaf,
as a result of a sickness some years ago.

Now today, I look upon this deafness as a positive, and when this deafness first happened, lets say, it wasn't nice !

To explain the POSITIVE FACTOR,

I now look at TV, because of the problem hearing of it, the TV, for about 5 to 10minutes a week, if at ALL !

This time that I wasted once in now channeled into research about Companies that I might invest into and a number of other subjects that I am interested in, namely hunting, fly fishing, cooking and the garden.

So instead of filling my life full of TV's brain dead police fantasy night after night, I am now learning via the Net.
(and the more I learn, the more I want to learn and understand about many subjects)

Just a couple of days ago, someone stated I was a know it all on this site, well, maybe I know a little bit more than the average brain dead police fantasy viewer that spends his or her life, every night looking at a murder that is solved in 30 minutes by all the honest wonderful coppers!

And as a result my endless research has rewarded me very nicely in dollar terms, :)

Therefore what at first you think might be a negative being deaf, is a monster positive advantage over most people. :)

If I can help you in any way, please feel free to contact me at anytime.

ps, I go fishing almost every afternoon/evening of the week, directly after 4.00pm for at least 3hours, sometimes even 5 hours and escape into my private World between myself and nature wonders.
Kindest regards,
UB
 
Hi All

Introducing myself. I am a 56 year old landscape gardener in Sydney and still doing the hard yards. Share investing has taken me a long time to start and thanks to ASF contributors - I am underway and hopefully making some well reasoned choices.. It is of intellectual interest as well as financial. Enjoying the ride so far.
Ube
 
Hello All

I am new into trading after some money land into my hand (inheritance).
I believe that investing (trading) in Australian stock will be more beneficial than keeping some bank account. So, i am entering trading as a conservative approach and would love to have close look at Australian Blue Chips.

Already found lots of knowledge and advice on this forum and i happy to be a member. :D
 
Hi "gurus".

gray.nomad :), just retired and since I lost a bloody lot of $$$ due to "Expert Financial Advisors" (who also charged me for the priviledge of losing money),:banghead: I have decided to look after my own money with a "SMSF" self managed super fund.
I am looking for Australian companies that have "Fully Franked Shares".
My question is: What is the best/easiest way to get a list of such companies?
Any pointers greatly appreciated.

Regards to all.
gray.nomad
 
gray.nomad said:
Hi "gurus".

gray.nomad :), just retired and since I lost a bloody lot of $$$ due to "Expert Financial Advisors" (who also charged me for the priviledge of losing money),:banghead: I have decided to look after my own money with a "SMSF" self managed super fund.
I am looking for Australian companies that have "Fully Franked Shares".
My question is: What is the best/easiest way to get a list of such companies?
Any pointers greatly appreciated.

Regards to all.
gray.nomad
Click to expand...

Hello Gary. You may be interested in a fellow called Nick Radge's The Chartist service. He has quite a good SMSF service (in my opinion anyway!). My super fund isn't big enough for going SMSF route, but check him out regardless.
 

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