Sharemarket

[Dutchy]

Yep Capital gains on shares are taxed at 50% if you have had the shares longer than 12 months

Ive never had a problem with paying Capital Gains, in fact I quite enjoy it as it means you have made a profit!!!

[Punk Rooster]

ffs Mal, if it's not your cup of tea, so be it.
no-one is saying it's guaranteed- but now is the time to buy.
Let the rest of us enjoy it, eh?

[another grub]

I agree with mal..... f##ck the shares when you can get gifts on the punt.....

[mal]

ffs Mal, if it's not your cup of tea, so be it.
no-one is saying it's guaranteed- but now is the time to buy.
Let the rest of us enjoy it, eh?

FFS Punk I dont gave a brass raZOO if you buy BHP shares
But please dont ever profess any geniality if you make a profit
If your that good please explain your rationality in buying BHP shares
Also make judgements on
*What price they get out to
*When to sell
*Will the Capital gains offset the fact what other investment portfolios make in the same duration

I dont mindja raving on about the SANFL footy where your intristic knowlegde suffices your good profits each year, but YOU ARE NOT A SHAREMARKET guru


Meanwhile me pumping $$$ into my loan reducing account is saving me enough $$$ to keep doing it

[another grub]

GIVE HIM HIS TIME IN THE SUN..... MAL

i STICK TO THE LATE MAL... A PROVEN FORMULA WHERE YOU CANT LOSE!

[Mr_Willy]

I'm with these two guys.

I can't see why now is the time to buy. The fact of the matter is that most people already had shares - not many people have tens of thousands of $$$ sitting around waiting for the share market to crash.

If you've got the balls to do, go for it. I think your mad. I would rather put my $10k into bricks and mortar so I don't have to watch the arse end fall out of it. At the end of the day if a company goes balls up you lose your money. At least if your house burns down you have insurance to fix it back up.

[Dutchy]

If you've got the balls to do, go for it. I think your mad. I would rather put my $10k into bricks and mortar so I don't have to watch the arse end fall out of it. At the end of the day if a company goes balls up you lose your money. At least if your house burns down you have insurance to fix it back up.

Thats what thousands of Americans thought, now they are bankrupt and homeless

[Punk Rooster]

If you've got the balls to do, go for it. I think your mad. I would rather put my $10k into bricks and mortar so I don't have to watch the arse end fall out of it. At the end of the day if a company goes balls up you lose your money. At least if your house burns down you have insurance to fix it back up.

Thats what thousands of Americans thought, now they are bankrupt and homeless

where can you invest 10K in bricks & mortar?
you can't.
You can however invest whatever money you have available in shares- it caters for wealthy to not so wealthy.
Mr Willy, I am entering the sharemarket for the first time, so does it not make sense to buy in when prices are low?
Would you not buy a house in North Adelaide for $100,000 if the property market crashed?
I've spent time looking for value, & believe I have found it.
It is not in my best interests to purchase a house at this point in time- I'm a victim of the tightened policy of the Mortgage Insurers (who would've lent me the sum required to buy a house 18 months ago)

Mal, I consider what I've done equal to backing Centrals @ $2.50 at home...

[overloaded]

If you are not interested in shares, dont read the thread FFS.

If you are, base metals got smashed again overnight. BHP an the other miners will probably be off another 2 to 3% today despite the late rally on the Dow. It would be a good time to buy BHP and RIO as for the last 2 weeks they have been at record lows on the Friday and rallied 10%+ on the following Tuesday. Last Friday it was up early then got a hiding after lunch.

I would expect the market to be fairly slow today and not add too much to its record low of yesterday, perhaps even finish 50 or so points lower. Not sure we have reached the bottom yet but must be getting close now. My mail is that it will see saw like this until at least after Christmas but the volaility will slowly reduce over that time. Commodities will be the most volatile stocks for a little while yet as any good news is quickly followed by more bad news.

The big thing is to know when to buy and know when to sell. It is a punt, but it is an educated punt.

For what its worth MAL, this is what I will be looking at buying today:

BHP 400 shares
RIO 100 shares
LEI 200 shares (Leighton Holdings)

Total value would be just over $20K

Lets see how they fare next week.

ALL ABOARD

[mal]

OVERLOADED
RYLES KENNELS
PUNK ROOSTER
Good luck for having ago
When you guys show a consistent pattern of profit making in Shares I might jump on the bandwagon as well.
I will stick to proven $$$making investment portfolios, low risk and guarenteed

The stockmarket can be vulnerable but lucrative
The winners can bask in glory and marvel at thier percieved gurulistic gains
The losers can descend in the world, some even jump off buildings

OVERLOADED has provided some facts as to why he will gain, looks impressive
RK/PUNK have also posted thier views, but Im not convinced with thier ideologies[yet]

As for A/GRUB and me we will get our fixes from other areas

[Mr_Willy]

If you've got the balls to do, go for it. I think your mad. I would rather put my $10k into bricks and mortar so I don't have to watch the arse end fall out of it. At the end of the day if a company goes balls up you lose your money. At least if your house burns down you have insurance to fix it back up.

Thats what thousands of Americans thought, now they are bankrupt and homeless

But Aussie lenders aren't as stupid as the American ones, and what happened in America will never happen here.

[overloaded]

If you've got the balls to do, go for it. I think your mad. I would rather put my $10k into bricks and mortar so I don't have to watch the arse end fall out of it. At the end of the day if a company goes balls up you lose your money. At least if your house burns down you have insurance to fix it back up.

Thats what thousands of Americans thought, now they are bankrupt and homeless

But Aussie lenders aren't as stupid as the American ones, and what happened in America will never happen here.

I can tell you Mr Willy, it does happen here but not to the extent it did in America.

I know of a major bank lending $300K to someone on jobstart who couldnt even afford the interest payment. They did this by capitalising the first 2 years of interest payments in the hope that in 2 years time the person would have a job and could make payment or the property would be worth more than the pruchase + interest. They used to do it all the time and got away with it when property was booming. The problem is when property prices steady and a borrower default they are up shit creek.

[Dutchy]

If you've got the balls to do, go for it. I think your mad. I would rather put my $10k into bricks and mortar so I don't have to watch the arse end fall out of it. At the end of the day if a company goes balls up you lose your money. At least if your house burns down you have insurance to fix it back up.

Thats what thousands of Americans thought, now they are bankrupt and homeless

But Aussie lenders aren't as stupid as the American ones, and what happened in America will never happen here.

Agree, no problems with the big banks but I wouldnt be so sure about the small players.....amazing how everyone cries about the big profits Banks make here but its these profits that have made us strong during turbulent times.

Also must thank our government for regulating the banking industry a decade ago, this didnt happen in the US and all sorts of cowboys were lending money

[overloaded]

There is some serious panic selling in the market at the moment....BHP under $24 FFS

ALL ABOARD

[Punk Rooster]

There is some serious panic selling in the market at the moment....BHP under $24 FFS

ALL ABOARD

& Rio Tinto @ $63!!!

[Bold Strategy]

OVERLOADED

I will stick to proven $$$making investment portfolios, low risk and guarenteed

Investment portfolios arent guarenteed, i would say most investment portfolio would of had made a loss if there was stocking involved with them

[rooburger]

ok all us share people.
we should put up 6 stocks at the cost we bought them and see how we go.
no trading just hold for 6 months see whatt happens.

i,m a bit sick at the moment though just had a margin call

but long term i'll hang in there,

[ryles-kennels]

AURA ENERGY LIMITED paid 0.180 last price 0.190 & 114,879 shares.

CENTRAL PETROLEUM LIMITED paid 0.074 last price 0.074 & 200,000 shares

MACQUARIE DDR TRUST paid 0.120 last price 0.120 & 130,849 shares

HEDLEY LEISURE AND GAMING PROPERTY FUND paid 0.410 last price 0.400 & 20,000 shares

GAS NL paid 0.011 last price 0.011 & 528,276 shares

ASX LIMITED paid 31.750 last price 30.850 & 629 shares

Will be riding the wave out for the next few months on these i believe.

[test]

what do any of the keen traders on here know about put and call options and differnet strategies and has anyone used these successfully??

[overloaded]

what do any of the keen traders on here know about put and call options and differnet strategies and has anyone used these successfully??

They are definitely not for the faint hearted. Options are a form of financial derivative and are primarily for hedging purposes. Essentially a call option is an option (but not an obligation) to buy a share. A put option is an option to sell. You can make heaps of money or lose a heap. Very complicated but will try to use an example.

If you bought $5000 worth of XYZ shares for say $20, you would get 250 shares. If the price went up to $30 you would make $10 per share x 250 = $2500.

If, at the same time, you bought 2000 call options (min No. is 1000) to buy XYZ at $25 for a price of $2.50 per option before say the end of the month it would cost you $5000. If the price went up to $30, you could exercise the option and buy 2000 shares at $25 ech and immediately sell for $30. You would make 2000 x $5 = $10,000. Big difference in profit.

BUT if the price goes lower than $25 before the expiry of the option, your option is worthless. Put option are similar but in reverse.

Financial Instutions with large shareholdings in companies use them to hedge exposures and unpredicatble movements in share prices. They are not designed to make money for speculators, particularly those who do not fully understand them.

They are a very complicated finacnial instrument and my recommendation would be to invest in something with a lower risk. Personnally I dont touch them, especially at the moment.