How much money should one have to start in shares

Yes thankyou I am the type to research diligently before laying money down, tech is where its at for me before anything else... I will check out motley thanks

 

Thankyou for your comment...
By gamble i did mean to research and place an educated gamble on companies i think have a chance at booming, im sure only a small handful do, i just find that approach more interesting, however im very new to shares so i dont really know what im talking about and a bit loose with my words...
For the record i have never lost money at the casino. I play poker and always make a profit unfortunatly my stradegy involves me not being a regular face but i still get my gambling fix from time to time but i wouldnt consider what i do at the casino to be gambling since ive put alot of thought into my method

 

That's perfectly fine, but you need to understand you are risking your capital for the thrill - there is nothing wrong with that as long as you are sure you are OK with it. It means you could lose most of it due to a couple (or a single) bad choice. If the sum you are investing is not significant for you, then I guess it's fine, but it could mean you are just tossing it in a bin. Personally I like to make sure I try and mitigate my risk of losing my capital and I would rather go for less risky strategies - Being burnt a few times has lessen my eagerness to educated gambling I guess!
Good luck to you either way, just have a good think about it.

 

Correct, it's boring.
In that case take you few grand in throw it in speculatives. An area that interests you is more worthwhile, then it more fun to follow the company news etc.

 

Bitcoin.

Baptism by fire.

 

Correct, it's boring.
In that case take you few grand in throw it in speculatives. An area that interests you is more worthwhile, then it more fun to follow the company news etc.

 

Most successful LONG TERM investors will tell you it's more fun to watch paint dry - just go read some of Warren Buffet's letters. Then go read the Intelligent Investor by Ben Graham.

More than likely what will happen if you gamble in spec shares you will get burnt, lose your money then be too afraid to invest in the market all together. Most people suck at picking individual stocks (I think they did a study some years back with a monkey vs a wall street analyst - the monkey won) so your best bet would probably be to invest in a low cost index mutual fund and just purchase a set amount every month.

Keep an eye on http://robinhood.com as well.

 

$0.

 

Whats an average return on something like that?

 

Whatever the index is.
e.g. XEJ is the energy index


Currently undervalued in IMO, and will return higher in the medium/long term

Want a good speculative that you won't lose your shirt on? - Oil
Just buy the stock code OOO and you are effectively buying the oil index. That index just jumped up over 3% today. I've made 22% in 4 months on oil.

 

But the thing with indexes and "betashares" like OOO is that you don't get a dividend like you do with most major companies.
Small cap speculatives don't usually return a dividend either though.

 

I have doubled my money on oil in the last 4 months and I can see oil being over US$100 before this years out. Don't quote me though just my 2 cents. Instability in the petrol-dollar and increased tensions and high terror alerts all help push up the oil price which is still quite low atm, imo.

 

And if you believe in gold, the gold index is rock bottom:

 

How did you double your money?
It hasn't gone up even 50% from the very bottom to the very top in the last 6 months.

Oil is cheap at almost any price when you realise what it is, how much of it is left, how much harder it's getting to extract, how much our society is addicted to it, and that wars are fought over it.
It's the best long term play of anything out there IMO.

 

Check out https://www.stockspot.com.au/.

Minimum $2k invested into a diversified portfolio of ETFs. No entry/exit fees, no brokerage.
Currently have an offer of no advice fees for first 12 months on balances <$10k.

Boring but safe.

 

Interesting.
No dividends or interest mentioned, so purely a capital gain play?

 

Vanguard's ETF have a dividend reinvestment plan for AUD products

 

http://forums.silverstackers.com/topic-58878-oil-stocks-page-3.html

I have been trading in and out of SUNDANCE ENERGY (ASX:SEA)

Some has been just luck on the highs and lows, will cash out again soon and wait for another pull back

 

Is this what they call paper gold???? Its different is it not? And why is gold so low on the chart?

 

So best place to go to buy speculatives? should i go with vangaurd and how long until robinhood is in australia??? Thanks