AFF Member Stock Discussion

[cove]

We leave those volatile growth businesses to Ophir which is OPH on ASX. They do a good monthly report.
Don’t follow NDQ.
Have a pre-IPO offer for OPENN which is a pretty good real estate online real estate business.

 

[Steady]

It's an ETF that tracks the Nasdaq 100..... If you are bullish on the Nasdaq then there is no reason not to buy NDQ.

Not 100% sure what you are after here?

After googling what "bullish on the Nasdaq" means I now know I'm not bullish on any stocks or funds....

maybe I should ask for comments on investing in EFT's in general as a starting point for new investors?

(If this not a thread for questions, please disregard. I understand I am not receiving financial advice)

 

[Buzzard]

After googling what "bullish on the Nasdaq" means I now know I'm not bullish on any stocks or funds....

maybe I should ask for comments on investing in EFT's in general as a starting point for new investors?

(If this not a thread for questions, please disregard. I understand I am not receiving financial advice)

I hold a few ETF's and think it's a fabulous way to invest. With a stock such as VGAD you can invest in some of the world's biggest companies excluding Australia.
I do hold VGAD.

 

[Mr_Orange]

I hold a few ETF's and think it's a fabulous way to invest. With a stock such as VGAD you can invest in some of the world's biggest companies excluding Australia.
I do hold VGAD.

I agree. ETFs are a very good way of investing in sectors, markets, indices or regions without the burden of picking a particular stock.

The downside is that you will get a sort of "average" performance of the companies represented by the ETF which means you miss out on the stellar gains by company A if you had invested directly in company A.

 

[Buzzard]

I agree. ETFs are a very good way of investing in sectors, markets, indices or regions without the burden of picking a particular stock.

The downside is that you will get a sort of "average" performance of the companies represented by the ETF which means you miss out on the stellar gains by company A if you had invested directly in company A.

I totally agree.
As an example, a couple of months ago AFI and BEN (I hold AFI) were both $6.60.
Today AFI is $7.22 whilst BEN is $9.38.
Markets are open at time of posting.
Edit to add AFI is a LIC not ETF

 

[Mr_Orange]

LIC

Whilst we are in education mode :

LIC = Listed Investment Company.

This differs from an ETF insofar as they aren't normally trying to replicate an index or sector and invest in whatever they see fit within the parameters of the investment strategy.

ETFs normally follow an underlying index of some sort so their make up reflects the make up of that index including weighting of individual companies.

LICs are good vehicle to invest in too for the non-stock picker. We hold WAM Capital (ASX:WAM).

 

[Dr Ralph]

Whilst we are in education mode :

LIC = Listed Investment Company.

This differs from an ETF insofar as they aren't normally trying to replicate an index or sector and invest in whatever they see fit within the parameters of the investment strategy.

ETFs normally follow an underlying index of some sort so their make up reflects the make up of that index including weighting of individual companies.

LICs are good vehicle to invest in too for the non-stock picker. We hold WAM Capital (ASX:WAM).

Thanks.

I don't think that I was aware of all of the differences/advantages/disadvantages between ETF's and LIC's:

We compare LICs vs ETFs, which is best?

We Analysed Listed Investment Companies (LICs) like Argo and AFI to index Exchange Traded Funds (ETFs) on the ASX, Comparing Returns and 5 Year Performance.

blog.stockspot.com.au

 

[Mr_Orange]

Thanks.

I don't think that I was aware of all of the differences/advantages/disadvantages between ETF's and LIC's:

We compare LICs vs ETFs, which is best?

We Analysed Listed Investment Companies (LICs) like Argo and AFI to index Exchange Traded Funds (ETFs) on the ASX, Comparing Returns and 5 Year Performance.

blog.stockspot.com.au

Yes, there are a fair few differences and, as the article you linked to points out, ETFs are generally cheaper.

TBF though, ETFs are a passive investment and only get rebalanced when the underlying index gets rebalanced.

LICs are generally actively managed which means there is an investment committee doing research and due diligence on potential and existing invesments so it is understandable why their fees are higher.

 

[cove]

We studied CBA and BEN and then went for CBA.
Now BEN shares went pretty well despite their operating costs increasing in their most recent report. Must be the community banking attracts folks to bank with them but it costs more to operate.

 

[daft009]

After googling what "bullish on the Nasdaq" means I now know I'm not bullish on any stocks or funds....

maybe I should ask for comments on investing in EFT's in general as a starting point for new investors?

(If this not a thread for questions, please disregard. I understand I am not receiving financial advice)

checkout FANG ETF. or even NDQ if you want more diversity
VDHG is another good one for growth

people should give the money cafe podcast a listen, its by Alan Kohler and Kirby (from the australian)
I find it very informative, though its finished for the year

 

[cove]

Received about a third of our application for Bigtincan shares in their placement yesterday. It helped being a shareholder already and lots of sophisticated investors would be on holidays now.

 

[CaptainCurtis]

Spent time looking at Ora Banda which is OBM. This company will be gold mining in just a few months time. Our Kalgoorlie friend thinks it will be a winner.

Been watching this since you posted about it a few months ago. Price has dropped a little since then, but there should be some momentum hopefully early in the new year.

 

[cove]

Today we were trying to buy some Calidus shares as a birthday present. Missed them today.
CaptainCurtis we have not heard anything negative about Ora Banda. The gold price weakened a bit with the $AUD moving up a bit.

 

[cove]

We took up our MACA entitlements yesterday as MLD shares are about $1.20 and the offer is $1.02.
Our biggest holdings are Resimac RMC,CQE, MQG, APZ, WAT and OZG. Still have too many stocks.....
We left off CBA, OPH and WIC from that list.
We did get the Calidus shares for a favourite son as his present.

 

[TomVexille]

Sold most of my BHP today after picking it up in March. My only regret is that I didn't have capital to invest more at the time.

 

[daft009]

Sold most of my BHP today after picking it up in March. My only regret is that I didn't have capital to invest more at the time.

BHP is a long term hold for me personally.
they have a copper mine, nickel mine & coal mine.
more copper in an electric car than in an ICE car.
thats my reasoning anyway

though I should've bought it back when the South America accident happened, was down to ~$20 back then, ~5yrs ago IIRC.

 

[cove]

We are in a cheapie called Aeris which is AIS. They are a tiddler and have run from about 3 cents when they raised money. The way we figure it the jump in their price is superior to a BHP or Rio but the risk can be higher and no dividend.
The Mongolians don‘t seem to play nice so we are not in Rio.
Veem had a good progress report on their gyro sales.VEE has a tight register so any good news will move the price.

 

[TomVexille]

BHP is a long term hold for me personally.
they have a copper mine, nickel mine & coal mine.
more copper in an electric car than in an ICE car.
thats my reasoning anyway

though I should've bought it back when the South America accident happened, was down to ~$20 back then, ~5yrs ago IIRC.

I'm planning on reinvesting the gain back into BHP if it comes back down a little. It's something I want in my long term portfolio.

 

[cove]

Our best mistake was selling MIN and then watching them double. Mineral Resources was a favourite too.
This morning we took up the share purchase plan in BET @0.60.
In the market we were after Finbar which is FRI and Mrscove wanted more Booktopia now that their share price dropped to $2.60. They look pretty expensive at that price but they may grow nicely from here.
We did pick up some more Thorn Group as TGA is ripe for a restructure.

 

[sinophile888]

I tried to sell my BHP shares today to take a nice profit. Unfortunately, there was a hitch with my stockbroking bank. So I still own the shares. I hope that they go up again tomorrow.