ASX Shares The 10 share challenge

Discussion in 'Shares & Funds' started by Silverson, 18th Feb, 2019.

Join Australia's most dynamic and respected property investment community
  1. willair

    willair Well-Known Member Premium Member

    Joined:
    19th Jun, 2015
    Posts:
    4,870
    Location:
    ..The-Roaring -2020's...
    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..
     
  2. devank

    devank Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,386
    Location:
    Inner West - Sydney
    Buy at support and sell at the resistance - Isn't that a good trading strategy?
     
  3. willair

    willair Well-Known Member Premium Member

    Joined:
    19th Jun, 2015
    Posts:
    4,870
    Location:
    ..The-Roaring -2020's...
    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..
     
    devank likes this.
  4. Silverson

    Silverson Well-Known Member

    Joined:
    11th Jun, 2016
    Posts:
    615
    Location:
    Melbourne
    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
     
  5. Swuzz

    Swuzz Well-Known Member

    Joined:
    30th Aug, 2017
    Posts:
    123
    Location:
    Melbourne
  6. Cmelderis

    Cmelderis Well-Known Member

    Joined:
    10th Sep, 2015
    Posts:
    455
    Location:
    Perth
    Holding any CPV now? Or were you ever?
     
    datto likes this.
  7. datto

    datto Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    3,603
    Location:
    Mt Druuiitt

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

    Cmelderis Well-Known Member

    Joined:
    10th Sep, 2015
    Posts:
    455
    Location:
    Perth
    Indeed....still struggling after that pump and dump....long term I think it should recover
     
    datto likes this.
  9. IndexFunds

    IndexFunds New Member

    Joined:
    8th Feb, 2020
    Posts:
    1
    Location:
    Australia
    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.