ASX Shares The 10 share challenge

Dollar tumbles as Australia seeks urgent clarification on China's coal ban

We may see a pullback with some of the miners today,as the line-up to sell and buy in about the same..

Long-term it's not important and one only has to study the equities investors within this site,no matter what they invest in..

All the bears sell at the resistance ,and all the bulls buy at support and others wait for the trend to identify itself if you can find the middle ground between all them as price always retraces ..

quote..Warren Buffett ,1988..

The market is there only a reference point if anybody is offering to do anything foolish..

 

Buy at support and sell at the resistance - Isn't that a good trading strategy?

 

Just try it on a 450k demo account and span it over 5 top 20 asx listed ,and it takes discipline and patience ..

Pull backs will go into all timeframes ,if you wait till the price drops just below the previous low then the big money comes in funds-- big money players-- punch drunk investors then get ready for the pullback as it will return to re-test the old level of support then sell on the first signs of resistance..

Anyone could have done on something like CBA when it was recently around $65-67 entry range now it's about $73--34 and a few weeks till the dividends --franking credits ..imho..

 

Original post says CAN NOT SELL, trading strategies have no place in this thread haha!!

CBA
TLS
VAS
WBC
NAB
MLT
BHP
ANZ
PL8
SOL

 

AD8

 

Holding any CPV now? Or were you ever?

 

No I've never owned CPV. I just thought the technology was interesting. Their share price just seems to be be floundering.

 

Indeed....still struggling after that pump and dump....long term I think it should recover

 

I know the original thread stated 10 shares but I only hold a core 6 companies and etfs on the ASX. They are as follows:

• IOZ
• IWLD
• SYD
• BGA
• KLL
• GOR

My portfolio are all long term holds and are a mixture of ETFs that give me exposure to the ASX200 and top global companies. Two of my stocks don’t pay dividends yet (I believe they will though) so these are my growth stocks and my others pay me dividends 10 times a year. These are IWLD, IOZ, BGA and SYD.

My strategy is to systematically buy more shares every months In these stocks (the dividend paying ones) regardless of what the markets are doing, I call this background noise.

For me it’s important to not only invest in high yielding stocks. Growth stocks (capital gains) is also important. As the company grows, revenue will grow and so will the dividends and yield.

I guess what I’m trying to say is growing my portfolio in capital gains is important as well as dividend payments. I rarely by stocks that don’t pay me to hold them (dividends). There are far to many lifestyle companies on the ASX! My ultimate goal is for my wife and I to retire early and live off the dividends.

 

Share price finally going back up! Its been a long 3 years holding lol

 

It’s tripled! Hope you hold a swag of them.

 

Unfortunately not, only 6,000. Has dropped a little in the last week. Still waiting for that $1 mark!

 

VXR - because Bill Beament (NST fame) is virtually taking it over.
BDM - because the rich get richer.

Sorry the next 8 will come soon when the market crashes, I will beg n borrow as much as I can to get these at a huge discount.
Most likely will be as follows:

RFF - Agri property play good divs
CBA - every other reason stated above by others
CSL - Great australian company
WES - another great aussie co, owns Bunnings, say no more!
JHX - yet another great aussie Co on a global stage. Any recovery will include building materials.
BXB - Ohh, guess what....another as above on a global stage. pallets are everywhere!
JBH - Never underestimate the middle class consumer for products sold by JB Hi-Fi
BHP - Ohh why not?

 

That's a interesting chart for Venturex Resources Ltd -VXR ,early Feb up too today would have paid well with the price today..

 

Early Feb chart begins the climb, with a late Feb announcement that a major re-capitalisation will occur on the back of renowned NST stalwart Bill Beament, or as Ophir funds put it, "The best CEO over the last 10 years" ! Interview Begins at 19 mins

Apparently he has suggested a $3 share price target on his Linkedin account.

Time will tell, but I followed him at NST from 50 odd cents to $17

 

Very few could have predicted how and when the tables would turn when you look at 50 cents upwards to 17 dollars..And even if a fraction of the these possibilities pan out as by reading the way i read ,once it goes into the popularity contest stage everyone jumps on..

 

A profit is not to be sneezed at. Well done.

 

And its still paying.....hit 87.5c today.
This is going to $$$

 

..... an update please

 

Still own and add to the above 4. Have opened a small position in IJH (US Midcaps)

Cheers,
Oracle.