Welcome Stockwinner from a fellow Kiwi, living in Australia for nearly 20 years now and still homesick at times for NZ.Hi all
I am new to this forum and I live in New Zealand.
This may be the beginning of journey to Australian stock market.
I never traded Australian stocks before.
Kind regards
Thank you for your help Julia - This is bewildering - It took me an age just to find the response. I don't even know how to communicate on forums, let alone trade on the stock market! But I will soldier on and hey what's life without an adventure? This may be a whole new world for me. I have done a few things that you have mentioned, such as the education modules and I have looked up the codes for each share and have the data. But, my Dad bought shares that I believe may be quite obscure, so there isn't much info other than annual reports and directors reports - again the language is foreign to me. So the part of your response that interests me the most is your comment: "Then you can do a search on this forum for any of the companies in which you're interested". I am thinking that if I can tackle each share one at a time and ask real people for their opinion (which I know can be dangerous at times), then I may not be silly enough to sell something that is potentially worth keeping. So I will explore this avenue. Thank you again GabbyHello Gabby, Welcome, and good on you for attempting to understand what you've inherited.
You're quite justified in observing that it's like learning a new language. There's a lot to learn. If you go to the Beginners' Lounge you'll find plenty of information which will help to get you started. In particular, Sir O's thread gives you a good introduction to the market and how it all works.
If you go to www.asx.com.au (the Australian Stock Exchange website) and follow the links you will find a heading "Prices, Research and Announcements".
There will be a space where you can type in the name of the companies in which you now own shares. You'll also see the company code there.
e.g. Woolworths' code is WOW.
If you follow the various links you should be able to find out quite a bit about each company.
The ASX website also has quite good education modules which you can work your way through in your own time.
Then you can do a search on this forum for any of the companies in which you're interested. Many companies have their own thread with quite extensive discussion.
It's bewildering at first. Don't be put off.
Ask whatever you need to. Most people here are happy to help.
When you're ready, ask about brokers and we can explain about online and full service brokers.
Good luck.
Thank you for your help Julia - This is bewildering - It took me an age just to find the response. I don't even know how to communicate on forums, let alone trade on the stock market! But I will soldier on and hey what's life without an adventure? This may be a whole new world for me. I have done a few things that you have mentioned, such as the education modules and I have looked up the codes for each share and have the data. But, my Dad bought shares that I believe may be quite obscure, so there isn't much info other than annual reports and directors reports - again the language is foreign to me. So the part of your response that interests me the most is your comment: "Then you can do a search on this forum for any of the companies in which you're interested". I am thinking that if I can tackle each share one at a time and ask real people for their opinion (which I know can be dangerous at times), then I may not be silly enough to sell something that is potentially worth keeping. So I will explore this avenue. Thank you again Gabby
PS. If anyone else has replied to my message, I haven't found it yet. So sorry if I didn't thank you
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