Investment opportunities

[Zedder]

A cynical move to torpedo the share price and get at the Govt. Might have a short knee-jerk affect.

Time will tell.

[Edbear]

Time will tell.

Yeah it's all dirty politics until the public sort through the garbage and settle on a figure.

[sootie]

I read this post with interest, and some sadness. You see, I have operated a share portfolio for over 20 years, and only wish I had started sooner! (I now have a Gold Card.) Most of my income over the last 10 years has been from shares - Dividends & Capital Gain. (I earned an above average salary for the first 3 or 4 of those years.) Share Investment is a way of life for me, so yes, I would recommend getting involved as early as possible in life.

If anyone is interested, I can offer a lot of advice, and I am sure it will not all be good!! (Like most investment advice!)

One thing I will say here - successful investing is more about attitude than anything else.

cheers

[Brett]

I read this post with interest, and some sadness. You see, I have operated a share portfolio for over 20 years, and only wish I had started sooner! (I now have a Gold Card.) Most of my income over the last 10 years has been from shares - Dividends & Capital Gain. (I earned an above average salary for the first 3 or 4 of those years.) Share Investment is a way of life for me, so yes, I would recommend getting involved as early as possible in life.

If anyone is interested, I can offer a lot of advice, and I am sure it will not all be good!! (Like most investment advice!)

One thing I will say here - successful investing is more about attitude than anything else.

cheers

Always interested in hearing advice mate. Don't have to take it, but costs little to listen...so feel free to speak!

[Edbear]

Always interested in hearing advice mate. Don't have to take it, but costs little to listen...so feel free to speak!

Yup! Always listen to success, and if sootie is making consistent money he must have some idea of what to do and what to avoid.

[sootie]

Yup! Always listen to success, and if sootie is making consistent money he must have some idea of what to do and what to avoid.

OK, I will hang in here for a couple of rounds.

First off, I AM NOT A WEALTHY MAN!
I might have been, but we had a big GFC at the wrong time for me.
No, it did not wipe me out, but I did get hurt. My finances are now recovering slowly.
Many of you probably own more valuable properties, cars & bikes than I do, but I do enjoy life!

I might start with a few simple tips:

1. Be extremely wary of all professional investment advice, particularly in small economies like NZ.
It is usually guided by commission incentives to individuals or companies, and the incentives exist
because a company has issues. The best investments usually fly very quietly & under the radar.

2. When an investment appears just too good to be true, it probably is.
Big returns do happen, but like Lotto wins - not often.
If it is really so good why is someone promoting it so heavily rather than investing quietly themselves?

3. Start off with the Business Pages of your local paper. Look for companies with a low P/E ratio (<18)
and a good gross dividend yield (>7%). Go and check with the local library papers that this
situation has remained fairly static for at least 2 years.
(Yes you can go online to do this, and like anything else it just gives a few useful starting points.)

Enough to start with!