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Yes, long term investment - initial capital of say 15-20k
G'Day,
If that’s the case i see nothing wrong with it (small amounts), it's probably a good way to build a portfolio over the next few years. And there’s nothing wrong with building it in lots of 2K, or whatever you’re comfortable with.
Short term trading on the other hand is a different kettle of fish; you need to start with a big account, 2K lots is asking for trouble.
The problem with dealing with 2k lots is that $20 brokerage each way is already 2% of your capital. So if you sold at a 5% profit, you're practically giving your broker 40% of your profits!!
Thanks Snowking, nice to hear from somebody in a similar situation
Have you found any useful resources online for long-term investment strategies? Much of the discussion on this forum appears to lean toward short term trading rather than long term investing...
It will probably be bagged as a strategy because it is so simple but my long term investing approach is to build a portfolio which is positively geared.
I only buy stocks which pay good dividends, including all recent dividend downgrades my over all portfolio is returning 8.3%
Borrowing costs are running around 5.2%
It will probably be bagged as a strategy because it is so simple but my long term investing approach is to build a portfolio which is positively geared.
I only buy stocks which pay good dividends, including all recent dividend downgrades my over all portfolio is returning 8.3%
Borrowing costs are running around 5.2%
, so which companies are currently still relatively high yielding
Telstra seems to be currently.
My overall return is nicely skewed by CCV and FXL which I bought at prices which represent a 10.7% and 13% return
but how do you get this information?? is there any website that has all the dividend returns for asx companies?
but how do you get this information?? is there any website that has all the dividend returns for asx companies?
so which companies are currently still relatively high yielding
Telstra seems to be currently
but how do you get this information?? is there any website that has all the dividend returns for asx companies?
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