Forum Replies Created
- Originally posted by yack:
I am on a professional package with Comm Bank. Got a platinum Card which gets 1 Qantas point for each $1 spent. Dont worry about interest rate – pay balance each month.
Also got an ANZ Qantas Visa. Also get 1 point for each $1 spent. Mostly use to pay property expenses. Also pay balance each month.
Hi Guys,
quite agree, have also the same package and deal with CBA, and their Platinum card rocks.
Cheers,
sisHi Freedom,
Westbank offer a term deposit of 6% return… though personally, i think 6% is a little too low, but its great to start off with… otherwise an offset account would do better…
Cheers,
sisHey Guys,
Originally posted by redwing:What was your first investment?
dollarmite bank account + for some particular reason, at age 11-13 i got into stamp collecting, and seriously kept buying and collecting as many stamps in the old Australian Currency, i still have those albums, but a rare few, of those stamps, are stamps that are issued as a state of queensland or new south wales, before the stamps were uniformed as australia as a whole.
What are your investment goals?
Market capitalisation, and to be like Donald Trump/Warren Buffet (if one day possible)
What’s the best investment decision you ever made?
Honestly dropping out of uni, and spending the effort and time, to learn and absorb the knowledge and mind set of a capitalist.
What’s the worst investment decision you ever made?
Studying at Russo Insitute of Technology (Sarina Russo), this was before studying at Uni, they took 2 years of my life away and the many dollars spent on the education, they guarnateed me a job after completeing my studies and still waiting. Still No Job
Whats the biggest investment risk you’ve ever taken and did it pay off?
Moving from Brisbane to Sydney, after Russo Insitute, screwed me with their job guarantee, and the lost of money towards that education, gave up and moved to sydney, drove down by car, had around $80.00 left by the time arrived in sydney… worked 2 jobs, 7 days a week for many, many, many months…
this was a totally fresh start all over again, but instead did things my way, in my control, and pursued my investment dreams and ideas.
What advice would you give to an investor who is starting out?
lol.. dont go to Russo Insitute of Technology (but in the lesson of being ripped off and burnt by them, be careful, who you give your money too…)
and dont ever say I Can’t Do It, But How Can I?
How do you react when things get rocky?
I hedge and offset, both my shares position and property portfolio
Hedge * Shares/Options
Offset * Property (Offset Gearing)Diversification, and the knowledge of what risks are involve, and what ways the risks can be controlled, mitigated and offsetted
What would you ‘never’ do with your money?
i dont know? not sure…
Where do you source most of your investment information/reasearch?
hmm.. thats giving to much away…
How do you feel about investing overseas?
love it, theres more exposure…
What % of your investing is ?
In the following, but it varies and flutuates..
Sis Pty Ltd..
Property..
Shares/Derivatives..
Stamps..
Cash..
Other..Cheers,
sisHi Guys,
watching Oprah today.. intersting show about.. “selling yourself for cash” (no not prositution)
http://msnbc.msn.com/id/3949869/
very lucky for us in this country, we are.
Cheers,
sisHi Greenjoy,
i dont really tithing, but instead.. its a very important habit for me to donate coinage… at every donation box, or charity stand… yet i try to do this very consistenly always.
Cheers,
sis(though yes it does feel so good, but on a karma level it feels great!)
Originally posted by NaughtyJonny:Quote:Originally posted by Ablaz:Getting 10% + capital appreciation is going to be risky and in an era of around 5% official interest rates it’s far better to look at a lower return + capital appreciation. To do that, you need to lower your expectations (say 50K per year + appreciation) or have more money than $1M.
IMO, having $1M in the stock market and expecting a 10% return means ACTIVE investing (rather than passive investing) and means increased risk. Risk of losing some or most of it and being forced back in the workforce – often with fewer skills than you had when you left it.
Hi NaughtyJonny,
you strategies mentioned above, seemed to be a little risk adverse.. a little to conservative.
with 1 mill, there are plenty of manage funds out there, that return more than 5 or 10% and are secured and guaranted.
stock market can go up and down due to violatility, but there have been many, many stocks that have been returning 10% plus in the last year. (a 10% return, in a bullish market is very little.)
though with 1 million dollars today, to me personally that has always sounded very little, i personally think of 1 million dollars as 1 house, a car in some very nice areas of Sydneys.
Cheers,
sislol.. i dont think thats still enough…
how.. much is Trump spending…?
Cheers,
sisHi ResidentialWealth,
it varies, average i guess 4 a day, other days, no trades, some times fast moving stock like HTA and OEX, 6+ trades in the hour.
but usually if a position is sold and exited out, its usually replaced at the same time, or later that day.
Cheers,
sisHi Aceyducey & Techa,
you can bet you know where a portion… of my holdings are… (as long as OPEC keeps pumping out 24/7, and at their maximal limits)… your laughting…
but oil prices.. i dont see them hurting property too much..
Cheers,
sisHi Ali G,
Robert Kiyosaki has some good books on investingg Psychology and Personal Development.
In his books he explains, why he has different set of friends, but also why some people are into investing and others are completely not interested.
Listening to his cd’s and reading his books, gives you plenty of motivation and drive… but puts you into a focus position… and his books, CD’s really do drive you forward.
but sorta back to your question again, in ways i can relate, i sorta have 2 different kinds of friends, ones that have been mates and friends with for many years… (general mate talk and very little investig talk… you know your buddies you go to pub and coast with)
while my other friends… (all investing, money talk… *a talk that drives you but motives you and gives you a real vibe…. – like you want to tell everyone your idea and go crazy with it, you want to start up project and implement plans… the whole works)
but then i’ve found, when you do get yourself into a position as an investor… you then have to be able to focus and split your personalalities (you have to be 2 different people at the same time.)
and those 2 different personalities, i find are, one that if investing is brought up in a conversation, you can talk general in it, but not say exactly into a specified detail (as we do, similar to this forum board.) or you will lose your new friends, or people you met. (or similarly when things are going well for you, dont tell your mate when, he car bobs down in the middle of the road, or his spent his pay check before his got it.)
the other personality, becareful of people who are jealous of investors (they might no be investors, or could be), but your not liked because your capitalist, you may have made some very good property transaction deals,
but these people, are the most decitful, they want to see you go down, they want you to come out with them, spend your money, tell them every exact detail on your current and future moves… (they want to savatage and steal your ideas.)
these people are your fake friends, but they make it look so good, and you trust them too much… (this is where you have to be able to split your personality with them, but not get too excited about talking about investing to them or even not at all.)
im not sure if this helps, but i hope it does, and to be honest, i experienced a lot of negative in the begin, now its totally different… but also, i dont have much of a personal life now, (usually when going out)
i find there someone always asking for money, theres the freeloader… (when going and meeting up at the local pub, or just going out), mates gf, brings her friend along… it a semi blind date…
… my message, im trying to bring across… Choose your friends carefully, and work out, who you can trust and who you can not.
Cheers,
sisHi Techa,
thanks for your email…
please note though, while those options were down at end of day trading… (and entered on, very fine T/A entry points), you can see in the next day of trading… those option positions are in a very nice, profit position.
though will keep you posted, as those positions further progress.
Cheers & Thanks,
sisHi Techa,
just emailed you my options holding and positions for that day, also just sending you a copy of my tax invoice for positions such as AMP that were sold that day…
this tax invoice, will show you all the mentioned options bought and sold that day.
were as options such as AMP was only held for a day or 2 and a 36.8% return was made
Cheers,
sisHi Techa,
sure im happy to send you that contract and holdings for that day, im still holding those positions currently, so if you would like you can, check the price of those options… to what they are currently worth. (Given that the contract is showing the current value of the options on that day.)
lol.. though… $50k i wish, i trade between $5k-$10k per an option position, hold usually between $15 – $35k worth of total options positions in total for any day… other than that if it is a blue run… i will start averaging up profits. (and add $5k at a time to Options positions)
If you want to see my other Contracts (for stock) that have been bought recently on Friday (I think around about a $80K – $120k), im happy and humble to show the proof.
Cheers,
sisHi ResidentialWealth,
i like the sounds of that return… but better still i like your CGT… Well done!
one thing you mentioned, and somewhat i do believe is true is how accumulating money can be very fast for someone who has, to someone who might not have…
just another example is, compared to what most people have done and why it slows them down is…
most people work for money and it may take 1 year to save, why save when you can borrow… and use the borrowsing as a way of leverage… (then again, theres the conservative investor vs the aggressive investor.)
but to build wealth… the use of leverage and OPM, can increase profits substainly and increase losses dramatically…
though another thing too is, and this i feel is important that most people, who do investing and own a few passive assets appreicating assets, can manage there money to risk exposure with an excellent return (a tidy profit with lesser risk),
… where as someone who might not be too educated on money will think to make returns or profits you need too take big risks to make big returns.
Cheers,
sisQuick update too…
WBC 100% return in a couple days
FGL Almost 100% return over a week period
LLC Over a 100% return in a couple daysthe others there still going up.. but these trades, werent huge risks, ive added more positions now were some handsome tidy profits are showing, but it was just some good management skills and discipline. (and technical analysis)
Happy Investing!
ah.. you guys worry to much…
oil is till relatively cheap.. look back in the early 90’s when oil was $70 a barrel, and on top of that we have added inflation in todays figures…
im loving the oil increase… oil above $50 a barrel, and it dont look like its coming down…. given a little more time, we should see oil prices rally to $60 a barrel, its the end consumers who in the end gets hurt and gets hit hard on the surcharge
what do you think most these large companies and corporations do, they buy there oil, out months ahead, back when it was $40 dollars a barrel… its just stocking up inventory supply…
America still has a long way to go… and being a strong country as it is… in the fore go able future there will be recessions with expansion…
i only see this as a little concern… still, a decrease in gold… was for see able… it was market season change… that occurs almost accurately each year for 22 out of the last 23 years that gold falls usually mid 2nd week of October… and picks up later on again in the year…
Cheers,
sisHi Techa,
sure would be happy to join the dicussions at reefcap.. [strum]
look forward to more knowledge and learning.
Cheers,
sisHappy Trading
One Honest Idea is.
If you want to make money, ask some one who already does, and you will find most people are happy to share, there way and yards, they travelled in there wealth creation…
serious, im always asking people, and sometimes it helps to play dumb (not being rude.. but being lazy… people will try harder to explain and go into some much more detail, to make sure you got a better understanding but understand fully what they say.)
Cheers,
sisHey PropertyGuru,
werid thing happened too.. Hotmail Account, was 250mb bigger… could be Gmail and Hotmail competing with each other.
Cheers,
sisOriginally posted by Still in School:though tomorrow will be looking in at maybe buying BHP5T NOV $14.50 puts, though that will be depending on market condiitions… though on a fibinaci retracement levels… BHP looks like it may swing down near the $14.00 mark… though… BHP puts i have been trading in and out of… though depending on tomorrows technical and market analysis, possible puts in BHP and WPL
Hi Techa,
being honest and humble here, if you did see BHP today you will have noted that it did trade down to and rallied along the $14.00 mark, a 60 cent drop…
if, i am in sydney next time, which will be at the end of the month, i will be meeting up with some of members from here, if you want, i will be happy to show you how, $14.00 was predicted and that BHP was gonna drop hard.
but if you would like, im happy to pm you, some details on my trading strategies.
Cheers,
sis
