i have held stocks for about 5 years ( listed on the Australian stock exchange ) stocks i hold that you might know are BHP , S32 and IRM ( INM: ASX in Australia ) i am also assessing various ETFs and investment vehicles cheers !
thanks ! i have either selected the worst of times ( top of the financial cycle ) or the best of times ( just before a crash ) to venture wider in investing . but am hoping to get my first lesson in crashes at a discount ( not as bad a loss as it could have been ) cheers !
hi OZinvestor and a welcome aboard from me never be discourage because in any market there always is what goes up no matter what... or good one to short if it retrace (market doesn't crash ) JMO good luck
i am not set-up to short sell , but am willing to buy extra shares cheaper normally keep reserve cash ( preferring smaller buys than one big stab at picking the bottom of a dip ,) i start with a 'fair value ' price , try for the best discount i can , and then try to buy ( selected shares not all of them ) at each drop of 20% on the previous price paid . i am looking to beef up a retirement fund so looking for shares that survive the next meltdown , rather than increase in share price in the near term . picking those that will survive the next meltdown might not be that easy not exactly a Buffet-style play but at least in the same state
As it looks like you are going long on your stock choices, I suggest buying fundamentally strong stocks. It is even better if they pay a good dividend for the long haul. With that I also suggest buying in the market meltdowns to get the best prices. Let these said stocks make up a big percentage of your portfolio with room for some growth stocks and always have a substantial amount of cash on hand for when buying opportunities come along. You want to learn technical analysis as well to confirm you are getting a good price whether it be a buy or a sell. TTT
TTT you just beat me to it... OZinvestor here you find many of those stocks >>>> http://stockaholics.net/threads/tiptops-top-picks.122/
Welcome OZinvestor. If you are looking long term I agree with TTT's post of finding fundamentally sound stocks that pay a dividend while you hold them. Here is my favorite link to point folks to in how to evaluate a good dividend stock http://www.suredividend.com/8-rules-dividend-investing/ Also, specifically the dividend aristocrat's list that have at least 25 years of history in raising dividends once a year even multiple bear markets. http://www.suredividend.com/dividend-aristocrats-list/
