What Year Did You Start Investing/Trading In The Stockmarket?
- Thread starter David123
- Start date
- Joined
- 5 March 2008
- Posts
- 951
- Reactions
- 141
Hi,
Just came across this old thread doing a search. It is interesting peoples experience.
My first shares as an adult, were in Kemtron and A-Cap Development in 1980/1. Shortly followed by Kern Corp.
I also bought silver in 1980 when the price came down to $A14/oz.
I hope I've learned a bit since then.
Those first shares all went bust, they just took different amounts of time to get there.
bye
brty
Just came across this old thread doing a search. It is interesting peoples experience.
My first shares as an adult, were in Kemtron and A-Cap Development in 1980/1. Shortly followed by Kern Corp.
I also bought silver in 1980 when the price came down to $A14/oz.
I hope I've learned a bit since then.
Those first shares all went bust, they just took different amounts of time to get there.
bye
brty
- Joined
- 31 January 2007
- Posts
- 411
- Reactions
- 0
Ahh, emm, 1968. Showing my age now.
Was at University, in a share investing group. We also sold 2nd hand Holden cars into Indonesia. About the time of Poseidon (no not the current rebirth by Twiggy one). Knew some guys at Uni who made a truck load out of that one (Poseiden), although I missed out. Went from 80c to $280 in a few months - now that's what I call a ramp, before the bubble broke. In the early 70's there were companies like Haoma, Southern Pacific, Central Pacific, Burma Oil (now Woodside) - made a few bucks out of them. Still waiting for the big one hope it's BRM.
Was at University, in a share investing group. We also sold 2nd hand Holden cars into Indonesia.
About the time of Poseidon (no not the current rebirth by Twiggy one). Knew some guys at Uni who made a truck load out of that one (Poseiden), although I missed out. Went from 80c to $280 in a few months - now that's what I call a ramp, before the bubble broke. In the early 70's there were companies like Haoma, Southern Pacific, Central Pacific, Burma Oil (now Woodside) - made a few bucks out of them. Still waiting for the big one hope it's BRM.
- Joined
- 16 February 2008
- Posts
- 2,906
- Reactions
- 2
1995, bought a company called Gold Mining Australia, put all my savings into it (as little as they were, about $600 if I remember correctly), and lost the lot!
The same year, as a gift, I was bought News Corporation around $5. Back in the days Woolworthes was around $4, remember watching it every day on teletext, too bad I never bought in.
The same year, as a gift, I was bought News Corporation around $5. Back in the days Woolworthes was around $4, remember watching it every day on teletext, too bad I never bought in.
- Joined
- 5 June 2007
- Posts
- 1,045
- Reactions
- 1
Ahh, emm, 1968. Showing my age now.
Was at University, in a share investing group. We also sold 2nd hand Holden cars into Indonesia.
Hi folks,
It is good to see another stayer posting here, Buddy ... well done ... !~!
On this end:
1969 ... Port Hedland ... working on construction of the railway, from
Port Hedland-to-Mt Newman in WA and met my wife-to-be there, as well.
Everybody was getting excited about the nickel miners ..... Poseidon was the
"popular delusion", at that time and the market just went crazy over it ...
but, like all market bubbles, it eventually burst, especially when their market
darling Poseidon fell out of favour ... !~!
So, bought into DOM at 15 cents - Dominion Mining ... IT is still around on
the ASX, today and trading at $3.33 ... but, my ex-wife has gone (... thank you, God ... !~!)
Have traded many markets, since then ..... shares, futures, commodities,
forex, index trading, property, etc ...
..... and it has been a truly humbling and amazing ride, for me too ... winning
and losing several small fortunes, along the way ..... lol ..... !~!
It seems that many people bail out of trading, when the going gets tough,
only to realize later, that with a little more perseverance and a better trading plan,
they would have made it through to more profitable times ...
have a great weekend
paul
=====
As the country was in drought in 1993 at the time of my wedding (parents are farmers) I told Mum and Dad I would buy my wedding dress. Prior to the wedding I got the IPO on Woolies at $2.45 x 1000 shares and sold for $2.90 or $2900 within 1 or 2 months and bought my wedding dress and a few other things for the wedding (thought I would make a few extra dollors on Woolies, and I was right).
Those shares would have bought some wedding dress today! Don't regret it though!
Those shares would have bought some wedding dress today! Don't regret it though!
prawn_86
Mod: Call me Dendrobranchiata
- Joined
- 23 May 2007
- Posts
- 6,637
- Reactions
- 7
Started in 2006
Im still a newb
Im still a newb
- Joined
- 22 July 2006
- Posts
- 852
- Reactions
- 1
2001 - I bought 2x shares I thought could not go wrong -
MYOB at about 4.40 and Harts Financial at a bit over $1.00.....
HAHAHAHAHA...... MYOB has never recovered, only about 1.40 - 1.50 now and Harts ended up being the biggest basket case, going bankrupt and is now the subject of many tax cases that I end up reading about when touching up on professional development..... Needless to say that I sold out after blowing half my dough, about 5K which was huge when I was a kid and first starting out......
My, I have improved since then!!!!
Cheers
MYOB at about 4.40 and Harts Financial at a bit over $1.00.....
HAHAHAHAHA...... MYOB has never recovered, only about 1.40 - 1.50 now and Harts ended up being the biggest basket case, going bankrupt and is now the subject of many tax cases that I end up reading about when touching up on professional development..... Needless to say that I sold out after blowing half my dough, about 5K which was huge when I was a kid and first starting out......
My, I have improved since then!!!!
Cheers
- Joined
- 27 November 2006
- Posts
- 222
- Reactions
- 5
1979 ..... :-( gosh I am old....although I was only 15 then)
EB
EB
- Joined
- 2 January 2008
- Posts
- 311
- Reactions
- 9
my first owned stock was ioof limited(IFL) a couple of years ago,sold them at about $10 a share late last year,current price is around $6 ...phew
I really wanted to say I bought FMG shares for a couple of
a share back in 2003
I really wanted to say I bought FMG shares for a couple of
a share back in 2003 
explod
explod
- Joined
- 4 March 2007
- Posts
- 7,341
- Reactions
- 1,197
1967 in an thing called Exoil, I remember well the ribbons they would leave on trees around central to west Queensland as part of the surveys. Dont think they ever came to much. I think about 10 cents each then.
A mate I used to shear with Tim O'mara got me interested. He used to have an old left hand drive Willeys Jeep and used to go off into the gulf country prospecting. Lost touch with him but understand he got onto alumina and may have done good.
That old jeep used to vertually float over swollen rivers and would grind its way through the worst of mud. Struth, wish I knew then what I roughly do now.
A mate I used to shear with Tim O'mara got me interested. He used to have an old left hand drive Willeys Jeep and used to go off into the gulf country prospecting. Lost touch with him but understand he got onto alumina and may have done good.
That old jeep used to vertually float over swollen rivers and would grind its way through the worst of mud. Struth, wish I knew then what I roughly do now.
- Joined
- 12 September 2004
- Posts
- 1,714
- Reactions
- 1
Feb 01, started with a Buy & Write on CWO, then MIM, then NCP.
Now when I trade stocks, they no longer have to sell or re-structure:
Now when I trade stocks, they no longer have to sell or re-structure
:- Joined
- 20 February 2007
- Posts
- 125
- Reactions
- 0
500 Telstra shares in the IPO in 1997. Had no idea about the stockmarket or investment... ... began investing in earnest in 2003 with Promina IPO... ... and the amount of time i spend investing/trading since then has varied greatly depending on other adventures in life.
RichKid
PlanYourTrade > TradeYourPlan
- Joined
- 18 June 2004
- Posts
- 3,031
- Reactions
- 5
Nice to have your company again on ASF! Where have you been!!?? I miss all those ideas you used to discuss here.
Don't we all wish that.
Bought my first shares in Norfolk and Byron whaling in 1955. Then Hauraki Whaling in 1956. Lost the lot.
Bought PTL in 1958 and made enough from them in 6 months to put the deposit on a block of land. Found property good ever since.
Investing came through Company businesses and since retiring have dabbled a bit. The business of investing has changed dramatically over the last 20 years. One used to invest in a company to get regular dividends and look for security. That all changed with the Bonds, Skaces, Packers, etc. Now it is a game and seems to have a casino atmosphere. Pity, but that is the way it is.
Glad I concentrated on property earlier on. (But I enjoy the challenge of shares.)
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,018
- Reactions
- 11,004
1994 when I got back from Rwanda with a bag of gold. Little brother was an analyst at the time and told me to put some money into GUD, GIO and LGL. Still holding some of the original LGL, but the $$ might have done better in the bank over that time! LOL
- Joined
- 5 February 2006
- Posts
- 121
- Reactions
- 0
First bought shares in 1985 with my business partner.
I suppose we both got caught up with the hype.
Sons of Gwalia was a good one.
However, leading to the 87 crash we got hit with Povey Petrolium - Bond Corp
and a couple of others including the infamous Pyrmaid Building Society collapse.
Upto a few years ago my wife and i were still receiving token cheques for that demise.
LOL!!
What a learning curve that was!
I started to really get serious in 2000 when the internet opened up for day traders. It opened up a whole new world for me. Had some heavy losses along the way as well as had some excellent gains.
Now, i only trade occasionally with more of a longterm investment view.
Some of us learn the hard way.
Cheers markcoinoz
I suppose we both got caught up with the hype.
Sons of Gwalia was a good one.
However, leading to the 87 crash we got hit with Povey Petrolium - Bond Corp
and a couple of others including the infamous Pyrmaid Building Society collapse.
Upto a few years ago my wife and i were still receiving token cheques for that demise.
LOL!!
What a learning curve that was!
I started to really get serious in 2000 when the internet opened up for day traders. It opened up a whole new world for me. Had some heavy losses along the way as well as had some excellent gains.
Now, i only trade occasionally with more of a longterm investment view.
Some of us learn the hard way.
Cheers markcoinoz
Similar threads
