Australian (ASX) Stock Market Forum

Margin loan approved - advice please

Freeballinginawetsuit said:
MRE formerly known as Annaconda.

Ahh my favourite share!! :D

Paid dividends the last 3 years. None the 7 or more years before that though.

Not franked either.

And low yield!!
 
Hey Realist, whilst ur online I am trying to post some TA charts but cant get them to upload onto the forum.

What am I doing wrong, it keeps on coming up with the message destination file is not valid?
 
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:D
 
Realist said:

Sorry to butt in here guys, but, .............. Realist .......... Its bad enough having to look at that picture once ............... let alone 3 times :D


EDIT: .............I've just realised what I've done ..............Now I have to look at it 6 times .............ahhh
 
Realist said:
Last year ZFX paid a measley 4c dividend.

The year before that ZFX paid nothing at all!!

But you are right, they have an excellent (special) dividend this year.

The difference is Fosters and others like it pay excellent consistent mostly ever increasing dividends every year and have done so for over 20 years and will more than likely do so for the next 20 years.

I'm not saying don't buy ZFX, I'd love some myself. But as a safe diversified away from resources almost crash proof consistent dividend paying stock FGL is a far superior longterm hold than ZFX. Look up Pasminco if you disagree.

LOL that measely 4c dividend came with how many hundred % capital growth for that year?!
Most people like to categorise stocks; growth versus value - but as ZFX holders would know, it doesnt hurt to have both :D
 
Stop_the_clock said:
now its X 9....ahhh we not only have compounding interest but we have also compounding avatars, now isn't that a frightening thought :eek:

I've been off the air all day, and the first thing I see when I get back in is MORE REALISTS .............. I'm pretty sure this is a nightmare, :taz: so I'm just gona pretend its not happening!! .......Gotta stop drinking so much beer.......

That was cruel S the Clock!
 
Ken said:
Hi,

I just got my margin loan approved.........
.........
........

Advice please.

Hi Ken

It's great to the see this discussion but please make sure you rely on the advice of a qualified person before proceeding. Please read the ASF code of conduct and posting guidelines asap. No one on ASF is qualified to provide financial advice to you so please consider the posts as mere opinions.

However, we do encourage general discussion and the exchange of ideas.

Good luck with it all!
 
bingk6 said:
I think all the major banks, bar CBA, have dividends coming up...

Yeah CBA just paid their's, I got a cheque in the mail about 3 days ago! :)
 
Yes,

BOQ is expected to report tomorrow, ANZ on 26th this month, followed by SGB 1st Nov, WBC 2nd Nov & NAB 3rd Nov. All dates are subject to change.

rozella
 
Ken,

If you are looking at investing rather than trading, look into the listed investment companies. Argo (which you mentioned) is a big one, as is AFI.

These won't give the big returns of picking a few winners, but they have built in diversification and are as sure a bet as you can get in the market for long term gains. At age 21 you could stick some in the bottom drawer and 40 years down the track the dividends will make a nice contribution to your retirement income.

Watch for when they are trading below their asset backing, which often happens when the rest of the market is very strong.

Good luck!

Ferret
 
Ken, do what I've done over the last 15 months. Start small, read heaps, try things, but do it all with small trades $500-$2000 until you feel confident that you know what you are doing. Don't limit yourself to blue chips you learn more by trying things. Don't pay anyone for anything except the cost of your trades (can't avoid that one :( )
Zinc co.s r just one of many to follow at the moment, ZFX, KZL & CBH are 3 I've bought recently but always do your own research. ;)
One other thing in particular I've learnt is "sell in May go away, buy in November", actually you should start unloading well before May & buying well before November but really the devils in the detail & timing is everything, I'm still learning these things because I haven't taken silly risks & I'm not trying to learn too much too quick. :)
Have fun & be sensible & eventually you will make money.
PS: Don't bother with anything but shares until you know the sharemarket backwards ;)
 
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