Australian (ASX) Stock Market Forum

Questions from a stock market beginner

If you intend to invest in the market for a long time ..I recommend get this piece of software
http://www.topshare.com.au/

it keep track of everything and you can go back in time and work out, what, where, when and when it comes to tax time it takes you 5 minutes for do....hit the tax report button...

excel is good but if you have to go back 5 years and said what you paid for what at what price and when you got dividend and how much and cross check back to the time you sell now, it can be a pain unless you write some macro for it... for $250 and it's a one time purchase and it will save you a lot of time....

it also do capital gain minimisation for you, when you sell shares, and you have multiple parcels...tell it
to minimise your capital gain and it automatically work out the perfect combo to minimise your gain, excel could be a bit of work...

$250 and tax deductible too. Pretty sure that would come in handy with all the capital gains you probably make that may put you in the high marginal rate ;). akin to as if you're getting it for half price in order to save on time.
 
stockmarket questions...

Hi people

I hope some of you people can help me as i want to start investing in shares looking for short term trades picking lows and sell at higher price, i have around 100k to invest if someone could answer a few questions for me.


1. Buying/Selling shares and making profit would you say its luck more than research?
2. Is it possible to make an income from shares day trading buying/selling or to risky?


Hearing how people make tens of thousands a day from share market, is that so?
 
Re: stockmarket questions...

Hi people

I hope some of you people can help me as i want to start investing in shares looking for short term trades picking lows and sell at higher price, i have around 100k to invest if someone could answer a few questions for me.


1. Buying/Selling shares and making profit would you say its luck more than research?
2. Is it possible to make an income from shares day trading buying/selling or to risky?


Hearing how people make tens of thousands a day from share market, is that so?

1. Of course you could make money via luck. However with luck its 50/50. In a rising market its more like 70/30. In a falling market its more like 10/90. The additional problem is that people buying with the hope of luck will not sell at the right time - so despite having the odds in their favour in a rising market, they may still lose as they don't know when to sell.
Therefore if you are serious about investing it comes down to research. Research to build a method and strategy as well as research about individual investments. Thats where the money is in the long term scheme of things.

2. Yes it is possible. But not for beginners (unless they are LUCKY - which won't last long).


Don't listen to people telling you how much money they've made. Yes it might be true, but they surely arent as eager to tell you about the days when theyve lost 10s of 1000s either!


My advice would be to focus on preserving your 100k. Make that PARAMOUNT. Preservation of capital is key and must always come first.

If you are serious about going down the investing your self path, understand that it takes many many hours to gain knowledge and experience.

If you absolutely cannot resist throwing down some of your hard earned, at least don't risk the entire amount! A smaller amount could be a good starting base upon which to start your education and investment journey...
 
Hey, Im new.. help me.

Hey Guys and gals, Im just chasing abit of info in regards to shares.
I work on a gassline so I sort of know which companies are doing well and have been keeping an eye on them.
Just wondering for instance sake Santos shares are @ $12.20 and I drop 12,200 and they then go up to $12,800 does that mean I just made $600 minus the trade fee's and tax at the end of the year?
only reason I ask is the companies I have been watching +- $1 every week so I figure I could make abit. with all that's going on with csg I can't imagine loosing and to be honest im a bad gambler so I figure better off with shares than pokies.
also wondering whats a good trading platform. Im thinking etrade looks pretty good.
I am really new to this game so any help is appreciated
 
Thanks for answering cbc and Trembling Hand, that has answered some of my questions. It was nor that I wanted to do shorting, but just didn't understand it.

There is a fair bit of accumulation of this stock with several fund managers declaring increased substantial holdings or becoming a substantial holder about every 2nd month, and ppl are suspecting they may be buying for another company who want to eventually T/O my company. Would any of these trades be called CROSS TRADES? otherwise where do all these cross trades come from? OR...would they be accumulating the large amounts via the bots?
 
ppl are suspecting they may be buying for another company who want to eventually T/O my company. Would any of these trades be called CROSS TRADES? otherwise where do all these cross trades come from? OR...would they be accumulating the large amounts via the bots?

Not really. XT come from option expiry, funds shifting holdings within their accounts, dark pool trades etc.

There is NOTHING of significance from them. Remember for every large buy there has to be an equal large sell. If you are putting any significance on them its wholly due to your bias. Be careful!
 
If you intend to invest in the market for a long time ..I recommend get this piece of software
http://www.topshare.com.au/

it keep track of everything and you can go back in time and work out, what, where, when and when it comes to tax time it takes you 5 minutes for do....hit the tax report button...

Thank you for this recommendation - exactly the kind of thing I have been looking for for quite a while.:)
 
Re: Hey, Im new.. help me.

http://members.equitysmart.com.au/
Hey Guys and gals, Im just chasing abit of info in regards to shares.
I work on a gassline so I sort of know which companies are doing well and have been keeping an eye on them.
Just wondering for instance sake Santos shares are @ $12.20 and I drop 12,200 and they then go up to $12,800 does that mean I just made $600 minus the trade fee's and tax at the end of the year?
only reason I ask is the companies I have been watching +- $1 every week so I figure I could make abit. with all that's going on with csg I can't imagine loosing and to be honest im a bad gambler so I figure better off with shares than pokies.
also wondering whats a good trading platform. Im thinking etrade looks pretty good.
I am really new to this game so any help is appreciated

hello Sid, congratulations on becoming a trader! :p:
You have got it sussed, if the trade go's up or down you win or lose that trade amount. minus fees. You can do cheaper then etrade. Check out these online brokers. Heaps to choose from http://www.brokerage-review.com/stock-brokers/lowest-trade-commissions.aspx. Also try out a demo with these guys. simple complaisant trading.http://members.equitysmart.com.au/ I recommend the volosity scan looking for pennies to dollars. :D
 
Hi everyone,

Newbie here, as this is my first post, please be gentle. I am really interested in share trading but just don't know where to start. I understand charts to a degree. But other than trends etc how does one find a stock to buy? What makes a stock stand out amongst the rest? There is so many out there what makes for a good 20 for my watch list? I understand that good and bad stocks change all the time but what makes one better than the other. :banghead: Thanks in advance.

James :)
 
Hi everyone,

Newbie here, as this is my first post, please be gentle. I am really interested in share trading but just don't know where to start. I understand charts to a degree. But other than trends etc how does one find a stock to buy? What makes a stock stand out amongst the rest? There is so many out there what makes for a good 20 for my watch list? I understand that good and bad stocks change all the time but what makes one better than the other. :banghead: Thanks in advance.

James :)

You may already have a narrative ... along the lines of "The Chinese Commodity Boom"
Stainless steel, manganese, nickel and iron ore!

Or perhaps "The Energy Crisis"

Or even "Peak Phosphate"

Find a narrative that you like and then research, research, research!!

No need for headbanging, even though it feels sooo good when you stop!! :p:
 
Beginner Investor - some questions

Hi All

I'm about to start my first full time job as a grad lawyer and am wanting to start investing part of my income as soon as I can. I have no debts.

I am a basically investment illiterate and want to learn as much as I can.

I have a couple of questions:

- are there any great books I can start out with re stocks or investing in general? For complete beginners?
- any other useful resources ( I can already tell this forum will be amazing)
- practically, how do you guys manage your money? is there any software (excel?) or uses of technology (iPad/ iPhone) that I should look into for managing my money?
- what portion of my income would you recommend I invest?

Thanks in advance, looking forward to being part of this community!!
 
Re: Beginner Investor - some questions

Hi All

I'm about to start my first full time job as a grad lawyer and am wanting to start investing part of my income as soon as I can. I have no debts.

I am a basically investment illiterate and want to learn as much as I can.

I have a couple of questions:

- are there any great books I can start out with re stocks or investing in general? For complete beginners?
- any other useful resources ( I can already tell this forum will be amazing)
- practically, how do you guys manage your money? is there any software (excel?) or uses of technology (iPad/ iPhone) that I should look into for managing my money?
- what portion of my income would you recommend I invest?

Thanks in advance, looking forward to being part of this community!!

Welcome.

Be sure to use the search function and check out hte Beginners Lounge for lots of answers you might be seeking.

With regards to point 4 my father always said if you can invest 10% of your post tax income for assets/retirement you will do well and still have money to enjoy things. The key is to not touch that money and allow compounding to work its magic
 
Hi all! I wonder if I could ask a very noob question? Say I bought XYZ at 15c and I decide I'd be happy to sell at 20c. What is the benefit of a conditional sell order triggered at 20c compared to just a normal sell order at 20c - I nuderstand the cond. Sell allows a trigger and minimum sell price to be set separately but they cost $10 more on commsec - is there another benefit I'm missing?
 
Hi all! I wonder if I could ask a very noob question? Say I bought XYZ at 15c and I decide I'd be happy to sell at 20c. What is the benefit of a conditional sell order triggered at 20c compared to just a normal sell order at 20c - I nuderstand the cond. Sell allows a trigger and minimum sell price to be set separately but they cost $10 more on commsec - is there another benefit I'm missing?

None, buy at 15c put in to sell 20c you don't need condition by put in 20c early you may even bag the advantage of getting in the front queue to sell ....

You only need condition if you want a little more complicated match than just straight buy/sell
Such as volume, moving average, stock suddenly jump etc....
 
Hi all

So, awfully new here and done quite a lot of research in the past few weeks regarding investing and right now I think I have a very good of the charachteristics that I would be looking for in a company to invest it. But I am generally at a loss about finding this information.

Firstly, I couldn't even find the information regarding the yield curves for Australian government bond offerings?! (And historic?)

And for finding information regarding specific stocks, I can find anything I want to know on NASDAQ:
http://investing.money.msn.com/investments/stock-price?Symbol=HAS&ocid=qbes

But cannot find this information on stocks on the ASX, where can I find it?

Cheers
 
Re: Questions from a stock market beginner - a noob question

Hi all, a newbie here with a question.
I am using commsec and mywealth platforms and have a small portfolio now.
I am a little confused about when exactly I become the 'owner' of the shares... is it once contract note is received despite settlement happening T+3 days later?
Reason I ask is I sometimes want to be able to buy and sell shares on the same day (i.e. if it has a really good run), but am a little confused about whether that constitutes short selling?
Feedback appreciated
Regards
parra
 
Google<asx bhp>

I did find my way there, but the information I am looking for just isn't there.

Income Statement, Balance Sheet, Cash Flow statements. And on MSN money I can find, AVG P/E ,PRICE/ SALES, PRICE/ BOOK, NET PROFIT MARGIN (%), BOOK VALUE/SHARE, DEBT/EQUITY, RETURN ON EQUITY all going back 10 years.

Where can I find this for ASX stocks?

Where do you find it? What are the tools that you use to access it?
 
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