After nearly 18months of bad share trading, ( a BEAR market) confidence seems to be returning and the market is rising again. (the BEAR is turning into a BULL and we hope there is a stampede by the herd which will push prices up.)This confidence is because America seems to be improving and although their unemployment rate is still high, people are buying houses again. (but can they afford the sure- to- rise interest rates?) Right now there are still many cheap shares under ten cents.
I recovered all the losses last month, and we made over 5000.00 profit on the shares I recommended. they were ABY.AX (bought at 11 cents and sold at 1.oo)
and MCW.AX bought at 17 cents and sold at 63 cents.
many of the under ten cents shares are rising slowly. so the message is:
if you invest $500.00 and a 1 cent share doubles, then you double your money and make another $500.00 plus get your investment back.
But of course you have to buy the right shares.. so what "sector" is likely to rise? energy, mining, food , banks, etc?? and what can we afford to buy with 500.00? That is the question.
Ask yourself, what has sold well before and dropped in the recession.? what was the previous high and low for the year (or check for two years). what has risen recently? so who knows what? why are people buying this particular stock?
go to the www.asx.com.au , check in the market statistics for volume each day. (after 4.30pm) see what rose and write down the companies that were cheap. then go to company research and look at their graph. Then go to www.yahoo.com. and type into the finance section the code plus .ax, example aby.ax and see the information quoted. you could also goto google to see how much money the company has.. it really needs to have a few million in the bank. say 50 mill. that is called capitalisation. too low and they might go broke, and you will lose all your money..
to learn more you can visit the pages at www.asx.com.au for heaps of free learning.
Making money on the share market is a JOB. you earn your money because you do research.
you do take risks, but you spread your risk by not putting all your eggs in one basket.
best of luck .Mega
Tuesday, September 8, 2009
Monday, August 10, 2009
Hows the shares going?
Over the last 12 months, "Your" stocks and our portfolio had a hammering in the biggest global meltdown in 75 years.
The whole portfolio fell as much as 89% !!!OUCH!! Gosh-Darn- Blankety-Heck!
It has recovered to only about a overall loss of 38%. BUT there have been some big gains which offset some big losses, and total wipeouts like ABC Learning.(they went bankrupt) Tax wise,these are called unrealised profits/losses and can be claimed and can reduce tax paid in your job (when you get one) so learn about tax.
Lesson 1. learn to read, write and add up. then learn about tax law.
lesson 2. Learn about managment and managing teams and people. learn to give a win-win result. Learn to be a good coach. Then when you have a business you will be able to get the best out of your team.
The Australian market is rising and it seems that the recovery is on its way, however the American unemployment figures (or Australias) may not be as good as they seem. Therefore the result may not be as rosy as suggested.
They may be counting part timers and casuals as "real jobs".
There may be more pain to come. BUT if you/we buy wisely now, you should make money in the longer term.
Another thing to consider is inflation. as soon as the real estate starts rising, inflation will push up prices and interest rates.. what is cheap today may be expensive tomorrow, especially money owed and interest payments.
I bought ABY for 12 cents in April and now they are about 79 cents. Their price 12 months ago was 2.30.
I also purchased MCW for 17 cents and they are now around 56 cents. NWT is rising and at 7 cents should give a good profit in the next 12 months. There are heaps of others. it's just a matter of being able to buy and hold, without using a margin loan.
But it might be a rough and scary ride , so don't invest all your eggs in one basket and only buy minimal amounts.And Dont forget htere are plenty of Crooks in the share market. Takeovers, consolidations, and even compulsory buying back of your shares.
and Remember..I could be wrong. so do your own homework. make your own decisions. as the great guru, WarrenBuffet says, "eat your own cooking"
The best way to learn about the sharemarket is to pretend to have a portfolio. you can make a watch list in yahoo or on the www.asx.com.au and watch your shares rise /fall . there are even educational sections to teach you. I wish I'd learnt all this when I was young, but I had no idea the sharemarket even existed. That's why I write this blog.
Mega
Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.
The whole portfolio fell as much as 89% !!!OUCH!! Gosh-Darn- Blankety-Heck!
It has recovered to only about a overall loss of 38%. BUT there have been some big gains which offset some big losses, and total wipeouts like ABC Learning.(they went bankrupt) Tax wise,these are called unrealised profits/losses and can be claimed and can reduce tax paid in your job (when you get one) so learn about tax.
Lesson 1. learn to read, write and add up. then learn about tax law.
lesson 2. Learn about managment and managing teams and people. learn to give a win-win result. Learn to be a good coach. Then when you have a business you will be able to get the best out of your team.
The Australian market is rising and it seems that the recovery is on its way, however the American unemployment figures (or Australias) may not be as good as they seem. Therefore the result may not be as rosy as suggested.
They may be counting part timers and casuals as "real jobs".
There may be more pain to come. BUT if you/we buy wisely now, you should make money in the longer term.
Another thing to consider is inflation. as soon as the real estate starts rising, inflation will push up prices and interest rates.. what is cheap today may be expensive tomorrow, especially money owed and interest payments.
I bought ABY for 12 cents in April and now they are about 79 cents. Their price 12 months ago was 2.30.
I also purchased MCW for 17 cents and they are now around 56 cents. NWT is rising and at 7 cents should give a good profit in the next 12 months. There are heaps of others. it's just a matter of being able to buy and hold, without using a margin loan.
But it might be a rough and scary ride , so don't invest all your eggs in one basket and only buy minimal amounts.And Dont forget htere are plenty of Crooks in the share market. Takeovers, consolidations, and even compulsory buying back of your shares.
and Remember..I could be wrong. so do your own homework. make your own decisions. as the great guru, WarrenBuffet says, "eat your own cooking"
The best way to learn about the sharemarket is to pretend to have a portfolio. you can make a watch list in yahoo or on the www.asx.com.au and watch your shares rise /fall . there are even educational sections to teach you. I wish I'd learnt all this when I was young, but I had no idea the sharemarket even existed. That's why I write this blog.
Mega
Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.
Tuesday, March 10, 2009
well kids, your shares are still down
Your shares dropped as much as 79% in this huge global crash .. but I think the market has turned.. on 19.2.09 and is on the way to recovery..
It will take a while, but in the meantime ignore all the negative talk and start saving...
It will take a while, but in the meantime ignore all the negative talk and start saving...
Sunday, January 11, 2009
Rich kids feel poor
I thought with the last year (2008) sharemarket crash, that the grandkids would be sworn off their shares.. I mentioned casually, "well, I would've given you all more shares for your birthday or Christmas, but I guessed that you wouldnt be interested."
Three teenagers put up their hands. "Yes please we're interested".
Lloyd asked.. "but weren't they all worthless?"
His mother interjected, "yes, they fell but we havent sold and now they are rising.. the sharemarket is in recovery."
So capitalism is still alive and well, and hope still sparkes!
That's good, because it means they realise that you have to continue to look to the future, and what happened yesterday, does not always predict what might happen tomorrow.
Three teenagers put up their hands. "Yes please we're interested".
Lloyd asked.. "but weren't they all worthless?"
His mother interjected, "yes, they fell but we havent sold and now they are rising.. the sharemarket is in recovery."
So capitalism is still alive and well, and hope still sparkes!
That's good, because it means they realise that you have to continue to look to the future, and what happened yesterday, does not always predict what might happen tomorrow.
Sunday, November 23, 2008
Here is a good place for information .. and its free
We suggest that you go here for good up to date information at Australasian Investment Review. www.aireview.com.au and sign up for free. We recommend that you look at Dr Shane Oliver's insights and newsletters. He is Head of Investment Strategy and chief economist at AMP Capital investors. To save any subscription money, just Google his name or go free to http://www.aireview.com.au/ There appears to be many companies referencing or linking to Dr Shane Oliver's opinions, including Eureka report, etc and he certainly appears to be "on the money" (correct). Look back in his archives to see his earlier opinions. You don't have to reinvent the wheel, by starting your research from scratch.. you just need to find ethical and honest articles and opinions, read and evaluate what they have to say. Learn as much as you can, then make your own judgement. Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only... We are Assett Management Consultants- We attempt to teach you about risk & how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Reference to standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.
Sunday, August 3, 2008
It's august - 1 month into the new financial year
Food costs are up, Petrol is up, share market is down. There's gloom and doom everywhere.
Let's take a break from the sharemarket training and have a look at our "Musos" site.
When things are bad- get creative!
go to http://www.triplejozmusos.blogspot.com
Even Muscians NEED to learn how to set up their music business, how to keep records, how to maximise their costs and get a tax refund. They also need to know about copyright law, and how to protect themselves from lawsuits. part of running a business means that y ou keep up to date with the laws of the land. You have to pay tax ... and that means keep records.
" Give to caesar what is caesar's" .
Musos also need to understand contract law and to read agreements.
Learning to negotiate and get a win-win result is extremely important. It's a skill.
We will help you.
write to Sean at www.myspace.com/obscura and look at Lloyd (the singer) at his photos and drawings at www.deviantart.com/vichild
contact us at sampsms@ozemail.com.au
Let's take a break from the sharemarket training and have a look at our "Musos" site.
When things are bad- get creative!
go to http://www.triplejozmusos.blogspot.com
Even Muscians NEED to learn how to set up their music business, how to keep records, how to maximise their costs and get a tax refund. They also need to know about copyright law, and how to protect themselves from lawsuits. part of running a business means that y ou keep up to date with the laws of the land. You have to pay tax ... and that means keep records.
" Give to caesar what is caesar's" .
Musos also need to understand contract law and to read agreements.
Learning to negotiate and get a win-win result is extremely important. It's a skill.
We will help you.
write to Sean at www.myspace.com/obscura and look at Lloyd (the singer) at his photos and drawings at www.deviantart.com/vichild
contact us at sampsms@ozemail.com.au
Tuesday, July 29, 2008
how to make an educated guess.
Renee asked
"heyy nanna,I was just wondering what you meant by guess?" Well, deciding which one to invest in - is really making a thoughtful guess.. because there is no sure way to predict the future... tea leaves and crystal balls not included.
when I make a guess (or trying to decide if I should buy) I look up each company in asx /company research and get the full page which shows announcements etc.
www.asx.com.au
then prices/company research/
I have the list of companies beside me so I can take notes. I give each a plus or a minus, or put them on a scale of 1-10.
The first thing I do in this case, is look at the chart for any spikes.. then I go back to the announcements around the time of the spike. A spike in the price means that there was big buying.. so I want to know why. It could be after a company announcement at their shareholders meeting, where the general manager will give talk or a presentation on what/where/when/why the company intends to go and do.
I look at the spread in the high and low for the year (on the little price chart.)
I am interested if this company is rising or falling in it's share price? Are they at a low? could they be expected to rise back to their high? or go higher? I look at volume, which tells me how many shares are being bought or sold.
I also look at yahoo and type in the finance investing section the code plus .ax (.ax means aussie stock not a US stock)
eg say GDA.ax and it comes up with all their information. You can learn to understand their finance details, look at their profile, and especially look at ownership and inside transactions. to see who has been buying. Of course some of these are not up to date, but some are.
go to http://au.finance.yahoo.com/
and look at the sidebar.
for example I went there and typed in BMX.AX and this is their page.
http://au.finance.yahoo.com/q?s=BMX.AX&x=12&y=9
Now in this case there was a spike. and no announcement. So why? did they know something about the vic government announcement? which can be read on ...Here is an link to the story.
http://www.abc.net.au/news/stories/2008/07/23/2312137.htm
I might also write to the finance/investing stock talk forum
http://au.messages.yahoo.com/finance/finance_stocktalk/
I read what others are saying and I ask questions. someone answered with this link
http://www.morningstargold.com.au/images/mornstar- --aipho.pdf MCO
In this case I have also looked at the vic governments minerals website. I noticed that a few companies have been mentioned. like Dart mining, DTM . They had a big spike too at the same time. so I follow them up. Their share price went from 11c to 20c now 18cents.
I'm still on the GO GOLD GO hunt so I put them all on a watchlist in Yahoo and put in their current prices, and 1000 shares each. I will watch these to see if any suddenly increase. although I really want to buy a few before they spike, to increase our chances.
Another thing I do is checkout the high volume or gainers for the day on Yahoo and asx.
http://au.finance.yahoo.com/gainers?e=AX I f you have a watchlist, your codes will be highlighted in pink.
I could also google some keyword like "victorian gold find mining companies involved" and then follow through. It does take time, but research is what increases your chances of being right.
A good guess is better than a bad guess. I call it an educated guess.
That's is what this blog is about. learning, sharing, educating.
"heyy nanna,I was just wondering what you meant by guess?" Well, deciding which one to invest in - is really making a thoughtful guess.. because there is no sure way to predict the future... tea leaves and crystal balls not included.
when I make a guess (or trying to decide if I should buy) I look up each company in asx /company research and get the full page which shows announcements etc.
www.asx.com.au
then prices/company research/
I have the list of companies beside me so I can take notes. I give each a plus or a minus, or put them on a scale of 1-10.
The first thing I do in this case, is look at the chart for any spikes.. then I go back to the announcements around the time of the spike. A spike in the price means that there was big buying.. so I want to know why. It could be after a company announcement at their shareholders meeting, where the general manager will give talk or a presentation on what/where/when/why the company intends to go and do.
I look at the spread in the high and low for the year (on the little price chart.)
I am interested if this company is rising or falling in it's share price? Are they at a low? could they be expected to rise back to their high? or go higher? I look at volume, which tells me how many shares are being bought or sold.
I also look at yahoo and type in the finance investing section the code plus .ax (.ax means aussie stock not a US stock)
eg say GDA.ax and it comes up with all their information. You can learn to understand their finance details, look at their profile, and especially look at ownership and inside transactions. to see who has been buying. Of course some of these are not up to date, but some are.
go to http://au.finance.yahoo.com/
and look at the sidebar.
for example I went there and typed in BMX.AX and this is their page.
http://au.finance.yahoo.com/q?s=BMX.AX&x=12&y=9
Now in this case there was a spike. and no announcement. So why? did they know something about the vic government announcement? which can be read on ...Here is an link to the story.
http://www.abc.net.au/news/stories/2008/07/23/2312137.htm
I might also write to the finance/investing stock talk forum
http://au.messages.yahoo.com/finance/finance_stocktalk/
I read what others are saying and I ask questions. someone answered with this link
http://www.morningstargold.com.au/images/mornstar- --aipho.pdf MCO
In this case I have also looked at the vic governments minerals website. I noticed that a few companies have been mentioned. like Dart mining, DTM . They had a big spike too at the same time. so I follow them up. Their share price went from 11c to 20c now 18cents.
I'm still on the GO GOLD GO hunt so I put them all on a watchlist in Yahoo and put in their current prices, and 1000 shares each. I will watch these to see if any suddenly increase. although I really want to buy a few before they spike, to increase our chances.
Another thing I do is checkout the high volume or gainers for the day on Yahoo and asx.
http://au.finance.yahoo.com/gainers?e=AX I f you have a watchlist, your codes will be highlighted in pink.
I could also google some keyword like "victorian gold find mining companies involved" and then follow through. It does take time, but research is what increases your chances of being right.
A good guess is better than a bad guess. I call it an educated guess.
That's is what this blog is about. learning, sharing, educating.
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