Sharemarket

[another grub]

on the flip side......the drive home when you have just dropped thousands of dollars is about as lonely as you can get..... you have negative thoughts and are pissed off with yourself!!!
going home to the mrs and trying to explain the missing money just breaks your heart!

[Dutchy]

Remember Kenya made the World Cup Semi's in 2003.........................in South Africa

[overloaded]

has Kenya played South Africa 49 times since then???

[another grub]

OK.... OL ......are you going to offer me $1.10 S Africa? If so I will have $5k... got it ready to transfer...

[overloaded]

WADH, if you are silly enough to put up $5K to win $500 or lose all, go ahead.

At the moment $5K in shares could fluctuate +/- 10% in any given week but over the long term (months, not years) you will always regain your full investment.

If South Africa lost, you would need to have the same bet 10 times before you got your money back.

What would you do Dutchy?

[Dutchy]

I wouldnt touch it!

only way you would even consider it would be if you had a $100k bank roll therefore if it lost it would only be 5% of it and wouldnt hurt you as much....

There are thousands of gambling stories each day of $1.05 shots getting beat, just check out the live betting on Betfair especially tennis matches...

[another grub]

I have just had $1k on D Oliver in the JC at Geelong.... he simply wins and this is a gift....... @ $1.40..... he couldnt get beat if he tried....!!!

there are gifts to be made in one day.... sometimes hours..... dont klnow what all the fuss is about.... we are both making money!!!!

[another grub]

I have just had $1k on D Oliver in the JC at Geelong.... he simply wins and this is a gift....... @ $1.40..... he couldnt get beat if he tried....!!!

!!!!

UPDATE WITH 2 RACES TO GO...

oliver 10
REST 5 AND LESS....

HE CANT LOSE.....

SHORT BUT SWEET ol

[the wonder elephant]

I have just had $1k on D Oliver in the JC at Geelong.... he simply wins and this is a gift....... @ $1.40..... he couldnt get beat if he tried....!!!

!!!!

UPDATE WITH 2 RACES TO GO...

oliver 10
REST 5 AND LESS....

HE CANT LOSE.....

SHORT BUT SWEET ol

nice hit there ag im presuming that bauer won the cup ?

[another grub]

Yes .... and it may even win another one in a couple of weeks.....
just franked the overseas form even more......

Ollie

[another grub]

AND ANOTHER 3 POINTS WITH THE FAVOURITE IN THE LAST STILL TO RUN

[Punk Rooster]

just bought BHP shares

x amount @ $24.87

[mal]

The Stock Exchange
Ive seen people who have done thier balls
Others who have cleaned up

MY SHARES

1978 BANK OF ADELAIDE [went broke]
1978 WOODSIDE PETROLEUM [bought $0-88 sold $1-9O something]
I was in a Commonwealth bank syndicate with those shares, and made a few dollars profit

2005 ? AMP
Was in investments with AMP and was given a few hundred shares
They were about $18
I wanted to fix up my backyard but had to wait for council approval to cut down a heritage listed tree.
It took months b4 the council sent someone over to approve [I was angry]
The shares went up to about $22 in the meantime [I was happy]
It made almost $3k difference in that period
A little while later AMP crashed down to $5
Last time I looked they were about $8
LUCKY ME !

Moral of the story is I know **** all about how to buy + sell and got lucky
i have never been inclined to invest again


Beats me how others can buy shares with little or no skill and knowledge
But then again that might get explained to me on this thread

[ryles-kennels]

MAL!

Its really all about riding the waves out.

3 days ago i made a $11,000 profit within hours of the stockmarket opening for the days trading. What did i do? I sold at a high price.

In the last 2 days i re-invested that profit.
Result is stockmarket has crashed again.
WHAT WILL I DO?
I definitely wont sell as at the moment its only a loss on paper ($6000 loss in last 2 days still= a $5000 profit on initial investment) the market picks up and im showing a profit im happy with i WILL sell again.

What i do is buy when the market crashes as the price of BLUE CHIP stock is then a bargain.

Then sell when market picks up and is on a high THIS = my profit. BUT NEVER EVER panic sell your shares. Wait out the waves and SELL when you can show a profit.

Its a simple philosophy that works for me.

[Bold Strategy]

MAL!

Its really all about riding the waves out.

3 days ago i made a $11,000 profit within hours of the stockmarket opening for the days trading. What did i do? I sold at a high price.

In the last 2 days i re-invested that profit.
Result is stockmarket has crashed again.
WHAT WILL I DO?
I definitely wont sell as at the moment its only a loss on paper ($6000 loss in last 2 days still= a $5000 profit on initial investment) the market picks up and im showing a profit im happy with i WILL sell again.

What i do is buy when the market crashes as the price of BLUE CHIP stock is then a bargain.

Then sell when market picks up and is on a high THIS = my profit. BUT NEVER EVER panic sell your shares. Wait out the waves and SELL when you can show a profit.

Its a simple philosophy that works for me.

Is this profit after tax and brokerage fees???

[Mr_Willy]

WADH, if you are silly enough to put up $5K to win $500 or lose all, go ahead.

At the moment $5K in shares could fluctuate +/- 10% in any given week but over the long term (months, not years) you will always regain your full investment.

If South Africa lost, you would need to have the same bet 10 times before you got your money back.

What would you do Dutchy?

So you think your $5k in shares will recover within months? If that is the case, that is seriously nuts - the current share crash is one of the worst on record - give it 4-7 years and most people will be back where they started...

[Bold Strategy]

WADH, if you are silly enough to put up $5K to win $500 or lose all, go ahead.

At the moment $5K in shares could fluctuate +/- 10% in any given week but over the long term (months, not years) you will always regain your full investment.

If South Africa lost, you would need to have the same bet 10 times before you got your money back.

What would you do Dutchy?

So you think your $5k in shares will recover within months? If that is the case, that is seriously nuts - the current share crash is one of the worst on record - give it 4-7 years and most people will be back where they started...

How bout if you start your buying now??? most shares are halfed so in 4 years you can have doubled your money, plus the dividends recieved

[Punk Rooster]

if shares are kept 12 months or more, less tax applies.
buying/selling in the short term attracts higher taxes, but obvioulsy you're trading at a profit

[Punk Rooster]

WADH, if you are silly enough to put up $5K to win $500 or lose all, go ahead.

At the moment $5K in shares could fluctuate +/- 10% in any given week but over the long term (months, not years) you will always regain your full investment.

If South Africa lost, you would need to have the same bet 10 times before you got your money back.

What would you do Dutchy?

So you think your $5k in shares will recover within months? If that is the case, that is seriously nuts - the current share crash is one of the worst on record - give it 4-7 years and most people will be back where they started...

not if you bought now, whilst shares are down....

[mal]

MAL!

Its really all about riding the waves out.

3 days ago i made a $11,000 profit within hours of the stockmarket opening for the days trading. What did i do? I sold at a high price.

In the last 2 days i re-invested that profit.
Result is stockmarket has crashed again.
WHAT WILL I DO?
I definitely wont sell as at the moment its only a loss on paper ($6000 loss in last 2 days still= a $5000 profit on initial investment) the market picks up and im showing a profit im happy with i WILL sell again.

What i do is buy when the market crashes as the price of BLUE CHIP stock is then a bargain.

Then sell when market picks up and is on a high THIS = my profit. BUT NEVER EVER panic sell your shares. Wait out the waves and SELL when you can show a profit.

Its a simple philosophy that works for me.

RK
If its that easy why isint the rest of Australia doing it as well ?

Look at my AMP shares in a time frame of about 2 years
$18
$22
$5
$8
A mate of mine bought shares with AMP at about $23 a few years back
If he bought a block for the same $$$ he would be a richer man

As for the rest of you Amatuers betting on the stock exchange, feel free to brag for making $$$
But dont ever try and explain the gurulistic approaches you have made
Do you get insider trading ?
Do you follow global trends ?

HOT CHOCOLATE QUESTION
If everyones a winner why dont we all stop buying houses cancel superannuations and just plonk it into the sharemarket

THERE WILL BE THE INEVITABLE LOSSES AT SOME STAGE