Australian (ASX) Stock Market Forum

New and looking to invest in shares what u think?

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Hey all,
I have been watching the share market for a while. I have decided to start trading which I think took a while to happen but has happened. I am looking to invest in oilsearch, bhp, rio tinto and woolworths. What do you guys think?
Need some advice also.
Thanks all
 
im also a newbe just looking for educcation in share trading at the mo planing on opening a commsec account in the next 6 months.

i would look at metcash as well as woolworths, i think metcash are really going somewhere at the moment, a lot of new iga's poping up around the place, good long term investment..
 
ashwalk said:
im also a newbe just looking for educcation in share trading at the mo planing on opening a commsec account in the next 6 months.

i would look at metcash as well as woolworths, i think metcash are really going somewhere at the moment, a lot of new iga's poping up around the place, good long term investment..

Have you ever shopped in those IGA's? Def. not a place to do your weekly shopping, more of a "we need some milk and bread" milkbar kind of place. I have 3 IGA's (built within the last six months) within a 5 minute walk from where I live and those places are EMPTY. Reason - waaaaay too expensive.

I'd be careful with it.. :2twocents
 
Ko Ko said:
Hey all,
I have been watching the share market for a while. I have decided to start trading which I think took a while to happen but has happened. I am looking to invest in oilsearch, bhp, rio tinto and woolworths. What do you guys think?
Need some advice also.
Thanks all
Ko Ko
Just do it - you have made some good choices and are unlikely to regret them.
Advice?
You have BHP and RIO - I would choose only one of them.
I would look at one different sector, as well - given your orientation to mining, how about an associated infrastructure stock?
My favourite at present prices is APA due to its yield and growth. There are lots more to choose from.
Having said that, trust your instincts, they are very savvy and you look destined to make good choices in future.
 
What kind of iga's are they? because i think there are a couple of sizes theres two within 5-10 mins of me on the gold coast. The express store is just a convenience store similar to nightowl, 7/11 etc and their prices are more expensive than a supermarket but A LOT cheaper than the 7/11 etc. There are even a couple of products in that store that are cheaper than the big woolies (but if you did a big shop in an xpress store you wouldnt get much) as for the supermarket IGA (supa iga i think) they are a lot better than the woolies thats close by, friendler staff, cheaper prices and better specials. There are a few products that woolies are a little cheaper on but in comparison with my weekly shoping i reckon i save around $10-$15 at the iga with a $150 load of shopping... i guess it just depends on your area...

Also iga isnt the only supermarket/conv store that metcash supply/own.

edit.... in the end it comes down to what you think is best ko ko, personally i think metcash are going to go place's in the next 2 - 3 years and thats just my personal opinion, the more education and knowledge you can get on a company before you invest the better... :)

thats my :2twocents
 
What do u think are some good infrastructure stocks to have a look at at the moment? I have never really had a look into infrastructure really.
Thanks in advance
 
im also a newbie, been trading for about 1-2 years current stocks

msb
rpt
mxl
mbi

i would like something solid, i was thinking tts any ideas?
i wanna expand the portfolio, different industries etc.

thanks

btw i was thinking of the following
RGP
dnyo nobel
mgx
tts
 
i got tts in the float but since then it hasnt gone very far. i dont think they are going as well anymore. the gambling sector has gone down over the last few years.
 
twojacks28 said:
i got tts in the float but since then it hasnt gone very far. i dont think they are going as well anymore. the gambling sector has gone down over the last few years.


"....the gambling sector has gone down over the last few years"??????

I bought Unitab (UTB) on 28 May 2004 at $7.88. Even in today's bloodbath it is $15.00.

Julia
 
that doesnt mean that all stocks will go down. no smoking in pubs casinos etc has lead to less people gambling on slot machines etc. it depends what the company does in relation to the sector.
 
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