AFF Member Stock Discussion

[cove]

With reading we use Seeking Alpha, Macro Business , Bloomberg, Wall Street Journal, Kitco as well as stockbrokers reports to assist us in knowing what may be going on. Because we work part time at the office we get time to do this.
Yes @MARTINE taking losses by selling off duds is important.
My accountant uses Sharesight to do the tax papers each year.
We have been getting deluged with dividends and we keep some cash for that just in case scenario.
This week we are heading south to Margaret River because we can.

 

[cove]

Looks like most of our oil and gas shares will go for a biggish run as the northern hemisphere scrambles for gas supplies. It will go freezing cold in China and northern Europe shortly. Coal should get a big run too.

 

[Catweazle]

Have ETFs been around for light years or have they only been getting more emphasis in recent decades?

What's to stop people monitoring the stocks in an ETF and holding these shares directly themselves instead, rather than paying an annual fee to invest in an ETF company?

 

[Mr_Orange]

Have ETFs been around for light years or have they only been getting more emphasis in recent decades?

What's to stop people monitoring the stocks in an ETF and holding these shares directly themselves instead, rather than paying an annual fee to invest in an ETF company?

There are certainly a lot more ETFs than there used to be.

Nothing to stop you from doing what you suggest however I suspect it would cost you more in brokerage to rebalance your portfolio to reflect whatever underlying instrument the ETF is tracking, than it would to invest in he ETF.

 

[odysseus]

Yeah, they only became big as ETFs the past say 10 years. Before then they were done as managed funds, but then expanded the same product to the stock exchange to offer that to those who invested in shares.

Managed funds are still around, but as they became popular on the stock exchange, other new ETFs sprung up there. There isn't really any difference between the two, except you can trade ETFs like shares, whereas managed funds are direct, individual investments. Some managed funds are still not on the stockmarket as ETFs and conversely there are ETFs that only list on the sharemarket and are not available directly.

As for investing individually, it's just a convenience and cost thing. You avoid the cost of all the individual trades, plus the convenience of not rebalancing and managing all that yourself, if that's what you want.

 

[MARTINE]

I only use one ETF - to access the international share market (Vanguard) as I find this gives me the kind of access I want in a ‘hassle-free’ way. I also think for the young (and not so young) starting to get into shares they can provide a good entry point before gaining confidence and skills to manage your own portfolio. If an amount is invested on a regular basis it’s a good discipline to have…

 

[cove]

Just spent a few minutes reading up about PushPay which is PPH. They did a share split by 5 times.
This company runs a donor management system where they clip the ticket on donations made using their app.
It got started in New Zealand and its biggest market is the US where 23% of the population identify as being Catholic. The company has made it easy to donate using a smart phone.
Not sure if it is a buy or a sell but we have been there for several years.
Their next update will be in November.

 

[cove]

We kept our shares in Generation Development Group which date back to when they were stockbrokers we used. GDG has now gone up about 10 times and the only reason we stayed there was because they had a life insurance business. GDG is running their annuity sales very strongly and now have scale to keep growing.
Was a bottom of the drawer investment after their struggles as Austock stockbroking.
Latest quarterly is an impressive read.

 

[daft009]

I only use one ETF - to access the international share market (Vanguard) as I find this gives me the kind of access I want in a ‘hassle-free’ way. I also think for the young (and not so young) starting to get into shares they can provide a good entry point before gaining confidence and skills to manage your own portfolio. If an amount is invested on a regular basis it’s a good discipline to have…

Yeah so do I.
VDHG is the lazy person's investment but excellent to keep adding to month by month

 

[sinophile888]

Yeah so do I.
VDHG is the lazy person's investment but excellent to keep adding to month by month

I buy VHY shares every year for my 3yo granddaughter. I quite happy with them so far.

 

[cove]

Anyone using sharesight to record shareholdings from multiple brokers and multiple accounts?
Just started reviewing what our accountant uses.
We used to use tradingroom but that site closed years ago.

 

[MARTINE]

I buy VHY shares every year for my 3yo granddaughter. I quite happy with them so far.

You can never start too young… then 18/uni grad a parcel of shares are good gifts

 

[daft009]

You can never start too young… then 18/uni grad a parcel of shares are good gifts

compound interest.. 9th wonder of the world

 

[cove]

Yes I started at 17 and Mrscove at 21 because we got married.
Back then stockbrokers didn’t worry about young folks reneging on contracts. I was a student at WAIT which is now Curtin Uni.
I remember we bought a stock that went down about 40% just after we married and I went very quiet…..Ended up with a profit on that one which was 100% of our investment money.

 

[Buzzard]

I buy VHY shares every year for my 3yo granddaughter. I quite happy with them so far.

We buy IOZ for our 2 grand daughters.

 

[MooTime]

Anyone using sharesight to record shareholdings from multiple brokers and multiple accounts?
Just started reviewing what our accountant uses.
We used to use tradingroom but that site closed years ago.

I use Sharesight & have for a few years, makes tax time a breeze. Many options on how you want to frame your loss/gains.
I have very simple inventing affairs thou compared to you.
They have plenty videos / training to watch, I've learnt a lot from them.
I hear they are actually going to list themselves on the market at some point, have done a raise or 2 already, sophs only.

Have had couple issues with sharesight where I've had to manually input trades as options been converted etc & SPP issues.

I don't have much to compare it to thou, it's been my main investment vehicle since day dot.

 

[daft009]

We buy IOZ for our 2 grand daughters.

fees on ASX200 ETFs are heading way down!
A200 is slightly cheaper again than IOZ

 

[Buzzard]

fees on ASX200 ETFs are heading way down!
A200 is slightly cheaper again than IOZ

We buy using CommSec Pocket, $2 a trade but your investment options are limited.

 

[cove]

We were on the Fenix call this week and FEX is a very good iron ore digging and trucking business. Basically a mountain of high grade iron ore and should run for 7 years with ore grades increasing towards 65% later in the project. Of course everything is a risk so have a read of their latest quarterly.It reads sweetly.

Meanwhile rusty drivers are getting back into their vehicles so AMA looks ok for repairing all the dents.So far the share issue sellers from 37.5 cents haven’t stopped the price staying up which is surprising.

Have a call today with Acumentis which is ACU. With crazies buying dumps of houses in Sydney for record prices we think real estate valuation advice is more important than ever.

My accountant updated Sharesight for our largest holdings and he is updating our family trust account today to record recent issues and placements which came thick and fast in the last quarter.

Mrscove wants to take up the latest Hannans share issue at 2.5 cents. HNR is run by a family friend.

Missed buying Firebird FRB today.

 

[MARTINE]

Thoughts re impact of the country opening on ASX?.. I sold out of WEB last fin year to balance out some cap gain.. I’ve got lots of SYD which of course will depend on the proposed takeover ??