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.

What would be a good investment?

I wrote a tip for NWT and why on my http://megamoneybox.blogspot.com/ and thought I would explain it in plain English for you. I'll also add how to and where to go.

One way to FIND a potential share to invest in, is to do this.

Go to Yahoo actives (volume leaders) first and then go to asx volume leaders.
http://au.finance.yahoo.com/actives?e=ax
http://www.asx.com.au/research/market_info/shares_by_volume.shtm
and compare the results. They are a little different.
Then go to the Yahoo gainers.
http://au.finance.yahoo.com/gainers?e=AX
In the volumes you will see the top 20 traded by the millions on that day. Which ones went up and which ones went down and by the %. You want to see the volumes because that tells you where the herd has been grazing. The "Herd", move about by rumour and announcement and tips. So go to your company's announcements to see what they are telling the market.(the herd)

When you see the shares you might be able to buy, in your price range.. example 1 cent to 10 cents. write down their codes. -create a word doc, copy and put them in and save. Add the links for later. You will notice the yahoo codes have added .AX on the end.

You need to add .AX on yahoo so they will look for Australian stock market codes. Naturally you are going to choose the ones which are rising.

Then go to asx.com.au and type in the company code in the company research page. . example NWT, GDA, GNL, FDL etc.
When you are on the asx homepage you will see a graph of the Australian share market, and the top 50 BIG companies listed with ^ in red or green. Your company won't be in the list because the top 50 includes only big companies which cost a lot of money for each share. Like the banks, BHP, Rio tinto etc. Look at them anyway, so you can see how much a company can trade each share for. Rio Tinto was over 100.00 each.

Then create a watchlist on asx.com.au or on Yahoo (its free). put in your codes and the current price with an amount for each. Say 1,000 shares. The watchlist adjusts automatically each day and tells you how much you would have made or lost on the day and how much money you would have accumulated.

Remember, when you sell, you get your investment back and PLUS your profit or if you sell at a loss the loss comes off your invesment.

Go to Http.megamoneybox.blogspot.com to read the tip which is selling at only .006 - less than 1 cent each.

Remember we (Sampson Management Services) are not financial advisors, we are Asset management Consultants who advise and teach on minimising risks according to the international standard ISO 4360. We teach about Quality ISo 9000 standard and also integrated systems for business management and improvement. These include Quality, Environmental, OHS and Risk management standards.