Where to start?

[burglar]

Re: Where do I start?

OK, I am brand new in here ...

Hi Young Simmo,

Welcome to ASF!

Forums are better than books because they can answer your questions!
Having said that, it is late in eastern states, many of us are tucked up in bed.

Unless I had good reason, I would not touch an Initial Public Offering (IPO)
Just my opinion.

I would devote some time to self education.
Books, magazines, newspapers and Internet!

Best thread here for newbies by SirO:
https://www.aussiestockforums.com/forums/showthread.php?t=14370

 

[pixel]

Re: Where do I start?

OK, I am brand new in here and hope I don't ask too many dumb questions. I am only here because of GOOGLE, so at least it is not my fault.
I am 74 and retired, and not had any shares since the mid 1980s up in Kalgoorlie. My wife and I would like to have a dabble in the Medibank thing, but need some guidance.
So, can somebody tell me what I have to do with regards to registering with a share trader, and how to get shares online, as being in Carnarvon I am 1000 Kms from the city. You will not offend me if you use kindergarten language as, I want to get it right. I am thinking of buying $1,000 worth to start with, and when they increase by 50% sell 50%. If that is a dumb plan please tell me as I am open to suggestions. I have Netbank and am fully familiar with all that money transfer stuff.
GO.

G'Day Simmo;

I live in Perth, so I'm on your time line - and bl***y early it is over here

Anyway: If you're with CBA's Netbank, the easiest would be to open a trading account with Commsec.
There are better brokers with lower brokerage fees and/or better decision support; but if you're only interested in buying one or two stocks for a Grand or two, neither will have a big impact on your decision.
Make sure you're not signing up to any live data - that would cost you monthly fees in the order of $50 or more. And stay clear of derivatives or anything else that the bank will try to sell you.
If in doubt, PM me. I'm happy to chat even on the phone if you have any specific questions.

 

[blaz0430]

Where to start

Considering i don't have much knowledge on share trading, Is there anything in particular that would be the best thing to start learning first?

 

[Joe Blow]

Your new "Where to start?" thread motivated me to merge all the "Where to start?" threads that people have started over the years, so I suggest you start by reading through this newly merged "Where to start?" thread.

I will merge other similar threads I find into this one and any new ones people start in the future. That way those good enough to respond to "Where to start?" threads don't have to repeat themselves.

 

[alexpuigd]

Where to start

Hello all,

I m fully new in the stock market, and would like to know from you who have a bit more experience :
1) Do you use specific software for charts or are there any free websites providing the chart tool you need to make your decisions?
2) Any websites/online resources you would recommend?
3) I would like to start buying index funds but I don't know where to start (where I can find listing of index funds traded in the ASX for example with their codes)

Thank you in advance
Alex