Australian (ASX) Stock Market Forum

Questions from a stock market beginner

Hi,

I'm planning to start investing in shares shortly, I'm quite new and trying to learn as much as I can. I'm also trying to get a gig at a prop shop.

I was wondering if some of you could recommend some magazine subscriptions, newspapers and websites, that I may find useful and help me get started. Also wondering which websites people use for news and updates on the market.

Thanks

The only website of importance
www.macrobusiness.com.au
 
Just with regards to the dividends discussion on the previous page - does that mean that for instance if I buy TLS on Fri the 17th Feb, I can then collect a dividend (ex-dividence Mon 20th)? If so, how long after that do I need to hold before selling?
 
Hello everybody.
This marks my second post on the forums after having just introduced myself in the newbies introduction thread.
I'll just run a bit of a background story on myself before i ask my questions.
I'm 20 years old, I work full time at port of Brisbane and have money in the bank which i would like to invest.
I do not know much when it comes to the stock market but i have been reading and trying to learn the basics. I have been listening to Bloomberg radio on the way to and from work for quite some time and its influenced me to get involved and have a go at investing my money instead of just watching it sit in the bank producing a pitiful amount of interest.

Some questions, please excuse any ignorance.
Is it a bad time to be getting involved in the stock market with the way the global economy is going or is there no such thing as a bad time or a good time to get started?
Can i get some recommendations for a good beginner friendly stock broker?
I was looking to buy stock in a US based company. Ab tech industries to be specific.

Well, thanks for reading!
 
Hello everybody.

Some questions, please excuse any ignorance.
Is it a bad time to be getting involved in the stock market with the way the global economy is going or is there no such thing as a bad time or a good time to get started?
Can i get some recommendations for a good beginner friendly stock broker?
I was looking to buy stock in a US based company. Ab tech industries to be specific.

Well, thanks for reading!

Hi There SamRayy,

Its never a bad time to enter the market its always a good time you just have to now the right time! If the Market is down it can be working in your favor towards the future!
I too am interested in the U.S Market, I think it is choice to trade there Market because it is more beneficial. With much more potential.
can i suggest to you that, much like my self that your dig around more to discover the sort of trading that suites you best. For yourself and your budget! I personally like to start from the bottom and work my way up!
I tried to looking up (AB Tech Industries) but couldn't find a thing. have you got the name wrong? what is it's trading symbol.

http://informe.com/go/?domain=stockbrokers.com
http://www.news.com.au/
https://www.aussiestockforums.com/forums/showthread.php?t=23757
 
The professional money will eat your lunch because of this.
Hello everybody.
I do not know much when it comes to the stock market but i have been reading and trying to learn the basics.

The property market is at a good phase because interest rates are declining and house prices are easing. Take advantage of the first home buyer grant and if eligible, the builders boost.
 
Hi There SamRayy,

Its never a bad time to enter the market its always a good time you just have to now the right time! If the Market is down it can be working in your favor towards the future!
I too am interested in the U.S Market, I think it is choice to trade there Market because it is more beneficial. With much more potential.
can i suggest to you that, much like my self that your dig around more to discover the sort of trading that suites you best. For yourself and your budget! I personally like to start from the bottom and work my way up!
I tried to looking up (AB Tech Industries) but couldn't find a thing. have you got the name wrong? what is it's trading symbol.

Thanks for the great advice and the useful links. Here is a link to Ab tech http://www.abtechindustries.com/investors/stock-info.aspx
 
Hi,

I am currently new to investing in the market and have just started out my career as a grad doing auditing. I was also looking to invest in the stock market but wanted to specialise in a specific market sector/industry. I studied accounting and corporate finance but other than that have no outside knowledge. I know that as an auditor it wouldnt be too hard to specialise in particular clients so i know the industry well.

However, the one industry im most interested in is financials as its what i studied as although i dont know much its still much more than i know about say mining or pharmaceuticals. But with the state of the current market what do people suggest a strong sector to focus on would be for the next 5-10 years? The two criteria that are most important for me in picking a sector would be profitability and how interesting i find that sector.

Ofcourse im not asking people to just tell me a particular industry to focus on but more the pro's and con's of certain industrys or where i can find more information on the issue ?

thanks so much!
 
While I like the site and the bloggers there are very intelligent, the majority of posts have a very bearish bias. Property, China, Europe, mining boom - they're usually bearish on the lot.

This is just my opinion ofcourse - and it doesn't stop me from reading the site almost daily.

Bearish doesn't mean wrong :cool:
 
Hi, I am not looking at doing anything fancy whatsoever. I used to work at NAB and have a good amount of NAB shares that were given to me during my time there. Now I want to continue purchasing blue chip shares. I only want to buy, only blue chip, the onyl advice I need is the best way to do this - thinking the cheapest online stock trader possible as I will only be purchasing a couple of blue chip shares every few weeks, thats it. Thanks :)
 
Hi, I am not looking at doing anything fancy whatsoever. I used to work at NAB and have a good amount of NAB shares that were given to me during my time there. Now I want to continue purchasing blue chip shares. I only want to buy, only blue chip, the onyl advice I need is the best way to do this - thinking the cheapest online stock trader possible as I will only be purchasing a couple of blue chip shares every few weeks, thats it. Thanks :)

Hi ladyaimee,

Owning some good quality companies is a good idea,

However the term blue chip is thrown alot,

Just because it is blue chip does not mean it's a quality company, it just means it's a big company thats been pretty stable and is a house hold name.

any way,

Any of the online brokers should be fine, Commsec or etrade etc,

But have you goven any thought to how you will select the shares you wish to invest in, or how you will know which price to buy them at.

I think if you are planning to put in regular amounts each month or so, You might do better by buying into a lowcost index fund for the asx200.

If you haven't spent alot of time learning to value businesses or have alot of knowledge in trading you might get a poor result from trying to pick winners.
 
questions

Hi ...

I'm a total noob in the sharemarket and I've a few questions for the experts, which I hope can be answered.

Firstly, if I want to read about the historical stock market perfomance, where should I go?
I have accessed quite a number of sites (free sites) , but they are not in-depth. From this reading, I was hoping to be able to understand the movements of the market in a more detailed manner.

Secondly, where should I go if I want to read papers on future economy (global & local). I have a few papers sent to my email (work email), but they are not quite good (ANZ,treasury? or rba?). Or is my expectation too high?

Thirdly, what do usually happen to the stock price after capital raising, in the short to medium term? and what will happen to it in the long term?

Fourthly, I have been watching news lately. From the readings I've done, I found that whenever a company is being sought after for a takeover, the share price of this company usually increases. The share price decreased when the offer is rejected.
Is this right?

Lastly, I'm not sure whether now is the right to buy (I'm thinking of buying only blue chips, unless I can find good & cheap stocks).
So in overall, is the economy starting to recover?
How about the Europe debt? Will they have some kind of measures again to prevent contamination?
I was advised to sell before March, because of war (?), & to invest in oil and/or defense-related companies (local and/or overseas).

I'm sorry that I ask too many questions.

These questions have been breweing in my mind & I think, the best way is to ask questions in this kind of forum.

Thank you very much, beforehand.

Good night!
 
Re: questions

Pat888
I'm a total noob in the sharemarket and I've a few questions for the experts, which I hope can be answered

Hi:)

Firstly, I'm no expert,but I think I can answer your questions, with some short answers and some helpful links for you to study. Good Luck!

I always figured that you could back date your charts, for historical data performance. But lucky for you I came across this site at the right time http://trademiner.com/ I think its worth it.
Recently I've been reading the Financial Times, http://www.ft.com/intl/servicestools/help/terms I think it has everything you may need.
I never really understood your third question, but on a good guess, I think it all comes down to technical V's Fundamental Analysis, http://www.**************/articles/2...ntal-analysis/ All in All some stocks are Fundamentally stronger and will hold a Trends momentum for the long term. Where as others need to be technically Analysis as there trade may not be fundamentally strong enough, and may fall into the short to medium term.
The share price of a bid take over is often larger then the stocks net worth, this in turn is appreciated by the share price and it will increase. Where as if the bid is declined it will not decrease the share price in general.
http://asxnewbie.com/category/education/ Personally I think that NOW is a good as time as ever to enter. Perhaps your a bit novice about those Blue Chips. Well I wouldn't be, there old school. I think you will be better of buying into something that is Good and Cheap. You will get better returns for your Dollar. Be sure to have a good broker, http://informe.com/go/?domain=stockbrokers.com because you will need do a lot of prospecting. I know of a lot of good cheap stocks that will make a lot of money. I looked around the Australian and U.S Market mainly to do with Oil, Mining & Energy.
Don't let the European Crisis get in your way. The economy been recovered for years and not looked back. Always think of the positives. Certainly don't sell because of a war on the other side of the planet. This could be good for business

Congratulations and good luck with your future endeavors.

All the Best
bailx
 
I realize there may be a broken link in my armor. After answering Pat888's questions, it got me thinking that some questions need to be answered and not every one including myself knows exactly what their on about or doing, when starting out into the share market. So i traced over some old notes and found these for a good approach and a quick reference for those just starting out;

http://www.tradingacademy.com/dojispace/taclass_dojispace.htm
 
Re: questions

Hi ...
I'm a total noob in the sharemarket and I've a few questions for the experts, which I hope can be answered.

Pat,

I have been day trading for almost 10 years. You can make really good money in the market but expect to work more hours per day than you would do in a 9 to 5 job. If you decide to move away from trading stocks and trade the indexes and forex, as I do, then get ready to work and trade 24/7 and learn how to trade the trend, which is your only friend.
 
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