New To Shares: Please Help!

[Sharemaster]

please help i have just created a account with commsec and am ready to start investing dollars. i am after a little bit of help as where to get started

i am trying to do research on companies but am not sure what I am supposed to be looking for?

could someone please help me with the following questions

what am i meant to be looking for when researching a company?

what does the number mean that is next to the share? is that the price?
the number i am talking it is eg the all ordinaries is 4609.08 does that mean it costs $4609.08 per share?

what expenses do you pay on your earnings?

 

[nioka]

Re: New To Shares, Please Help

Go the the ASX website. Follow the education pare and hasten slowly.

 

[JimBob]

Re: New To Shares, Please Help

please help i have just created a account with commsec and am ready to start investing dollars.

I have to disagree with you there. As nioka said, Spend some time on the asx website and in the Beginners Lounge here before you go spending your cash.

 

[So_Cynical]

Re: New To Shares, Please Help

Sign up at http://www.asx.com.au/resources/myasx/index.htm your going to be spending alot of time there anyway so having an account/login makes sense....once you have a ASX account, login and set up a watchlist and start adding stocks you are interested in....call in "My first watchlist "

As time goes by you will find your self making watchlists for sectors that interest you..i have 1 for big property, 1 for med caps, and 1 for small cap property stocks..then 1 for gold producers, 1 for other miners, and 1 for mining prospectors, 1 watchlist for high dividend yielder's...and so on.

That's how i started.

The SMH site is good for basic info like Market capitalisation, shares on issue and dividend history etc. http://markets.smh.com.au/apps/qt/index.ac the charts there are pretty quick to come up too.

GL

 

[Julia]

Re: New To Shares, Please Help

please help i have just created a account with commsec and am ready to start investing dollars. i am after a little bit of help as where to get started

i am trying to do research on companies but am not sure what I am supposed to be looking for?

What are you wanting to do? Grow your capital by buying a company with a rising share price? Derive income from shares in a company with a high yield?
What are your expectations?
I suspect you're not even sure about this.

As the others have said, don't do anything with real money until you have some understanding of how the market works, and yes the ASX website education section will help you here.

what does the number mean that is next to the share? is that the price?
the number i am talking it is eg the all ordinaries is 4609.08 does that mean it costs $4609.08 per share?

Where are you reading this from? There is no company in Australia whose shares are worth anything remotely like $4609 per share!
Do some research about the market indices.

 

[trainspotter]

Re: New To Shares, Please Help

OH MY OH MY OH MY !! I am unsure as to how to approach this conundrum?

1) Try reading some books on the market first. Have a seat in the beginners lounge and look around. Try paper trading to begin with.

2) Give all of your commsec account to charity. It will be quicker and easier.

 

[ParleVouFrancois]

Re: New To Shares, Please Help

Nice name btw, "Sharemaster". I thought someone would've pointed out the irony already.

 

[brty]

Re: New To Shares, Please Help

It might just be me, but these questions.....

what am i meant to be looking for when researching a company?

what does the number mean that is next to the share? is that the price?
the number i am talking it is eg the all ordinaries is 4609.08 does that mean it costs $4609.08 per share?

...are just a little too naive for someone who has set up a commsec account and uses a name like Sharemaster. I think I'm waiting for the punchline.

brty

 

[Jako]

Re: New To Shares, Please Help

It might just be me, but these questions.....



...are just a little too naive for someone who has set up a commsec account and uses a name like Sharemaster. I think I'm waiting for the punchline.

brty

I thought the same thing, just a little too naive.

 

[Tysonboss1]

Re: New To Shares, Please Help

please help i have just created a account with commsec and am ready to start investing dollars. i am after a little bit of help as where to get started

i am trying to do research on companies but am not sure what I am supposed to be looking for?

could someone please help me with the following questions

what am i meant to be looking for when researching a company?

what does the number mean that is next to the share? is that the price?
the number i am talking it is eg the all ordinaries is 4609.08 does that mean it costs $4609.08 per share?

what expenses do you pay on your earnings?

Hi Sharemaster,

You said in your opening statement that you are ready to start investing your dollars, But you are actually far from ready.

I would suggest you put your funds into a low cost index fund that will mirror the all ordinaries until such time that you have enough knowledge to start investing solo.

The truth is that an investors biggest risk is him/her self and it takes alot of time and effort learning and reseaching before an individual investor can come close to out performing the market on a consistent basis.

So until you have the skills that will give you a fighting chance of beating the market, just stick you funds in an index fund and regularly add to it each month.

 

[GeraldineLea]

Re: New To Shares, Please Help

this is one of the funnier posts i have read

 

[Julia]

Re: New To Shares, Please Help

this is one of the funnier posts i have read

Why do you think it's funny? I'd have thought it was pretty sensible advice.

 

[nukz]

please help i have just created a account with commsec and am ready to start investing dollars. i am after a little bit of help as where to get started

There may be some information on the comsec website about how to get started you might want to have a look.

i am trying to do research on companies but am not sure what I am supposed to be looking for?

This one is quite hard to answer but you could use some fundamentals for example, ask yourself "do lots of people buy the product this company produces" this could be applied to say Apple inc. (producer of iphone)

When you get more infromed you can look at financial statements, volumes, charts(different charting methods) and all sorts of things.

what does the number mean that is next to the share? is that the price?
the number i am talking it is eg the all ordinaries is 4609.08 does that mean it costs $4609.08 per share?

No, what your looking at is the index this one particular being the Australian market, there is also DOW Jones / Nasdaq ect...

If you are really not sure what to do before you put any money into this you could just dump your money into a term deposit while you learn about it.

I remember when i started off with shares i had $150 which was sorta throw away money i called it in that i did not expect to make anything from it i simply used this money to put in some shares and learnt about how the system worked(you could do this with much less if this was something you where prepared to do of course).

 

[frankie_boy]

WHOS THAT THERE WALKING OVER MY BRIDGE!!