NZX/Forex share and stock trading thread

[EJK]

Thought we'd have a dedicated share/ stock market thread so we can talk even more shit.

I'll start.

Get fucked Wynyard.

[TheDemonLord]

Not all of us are Flash Asians with S1000RRs with cheap offshore finance and able to play the Stock Markets.....

[Laava]

Buy low, sell high.

[mashman]

[Voltaire]

I decided to get into the NZX last year as I had a spare $500 from buying and selling MZ 250 parts on TM.

Some of the NZX Blue Chip ones pay out franked dividends that are a few percent higher than the pathetic 3.5% you get pre tax from the

banks. AIA ones have gone up over 50% in the last 12 months....I've done really well on that one, think I'm well over $50 up on

2015., however AIRNZ ones have gone down more so

Its pretty exciting when you get your dividend cheques in for $3.50

I've entered it all into a spread sheet and compared the bank rates Vs the dividends and I'd say a year on could be well over $20 up on if it was in the bank

Unfortunately each time you buy or sell shares its $30 so need to know when to hold them, know when to fold them....

[Ocean1]

I've entered it all into a spread sheet and compared the bank rates Vs the dividends and I'd say a year on could be well over $20 up on if it was in the bank

You fucking heavy hitting high roller you.

[EJK]

I decided to get into the NZX last year as I had a spare $500 from buying and selling MZ 250 parts on TM.

Some of the NZX Blue Chip ones pay out franked dividends that are a few percent higher than the pathetic 3.5% you get pre tax from the

banks. AIA ones have gone up over 50% in the last 12 months....I've done really well on that one, think I'm well over $50 up on

2015., however AIRNZ ones have gone down more so

Its pretty exciting when you get your dividend cheques in for $3.50

I've entered it all into a spread sheet and compared the bank rates Vs the dividends and I'd say a year on could be well over $20 up on if it was in the bank

Unfortunately each time you buy or sell shares its $30 so need to know when to hold them, know when to fold them....

Well you are doing better than me. Bought Spark (SPK) shares couple of years back and since then it had couple of stumbles (once with copper pricing announcement with Chorus, and other recently with Sky & Vodafone) and been struggling, just borderline breaking even.

My worst is with Wynyard (WYN). Had been eyeing up on them for months (although I knew they weren't making money at the time) and when they announced "discounts" on shares I jumped on board. I though "Oh they cannot go lower than this!" Silly me, how wrong was I... I'm down around 25% to date. Wonder what Sam Morgan is thinking tho.

[Voltaire]

Well you are doing better than me. Bought Spark (SPK) shares couple of years back and since then it had couple of stumbles (once with copper pricing announcement with Chorus, and other recently with Sky & Vodafone) and been struggling, just borderline breaking even.

My worst is with Wynyard (WYN). Had been eyeing up on them for months (although I knew they weren't making money at the time) and when they announced "discounts" on shares I jumped on board. I though "Oh they cannot go lower than this!" Silly me, how wrong was I... I'm down around 25% to date. Wonder what Sam Morgan is thinking tho.

I looked at this for while to see which ones had the best dividends Vs the low ones which were growth companies.
http://www.dividendyield.co.nz/newzealandshares.php
My BIL was working for Wynyard last year, was not a nice place to work he says.
Have you looked at the Aussie market?

[EJK]

I looked at this for while to see which ones had the best dividends Vs the low ones which were growth companies.
http://www.dividendyield.co.nz/newzealandshares.php
My BIL was working for Wynyard last year, was not a nice place to work he says.
Have you looked at the Aussie market?

No, haven't explored ASX. I don't know much about aus companies.

[Blackbird]

I used to invest in the market as much for fun as anything but never made much out of it relative to the time I was putting in. Hardly surprising given that I knew sweet FA about the markets. I'd been burned once investing in a product which was linked to one of the major banks so was distrustful of so-called investment advisors who were directly linked to financial products.

Did some research, talked to some heavy-hitters and ended up with a high level truly independent financial advisor 6 years ago. It's been massively worthwhile in terms of after-tax return in that time and it's given me far more time to do stuff that I enjoy more