Which australian shares if you have $3k to spend

Discussion in 'Stocks & Derivatives' started by GRETZKY427, Apr 10, 2016.

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  1. GRETZKY427

    GRETZKY427 Active Member Silver Stacker

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    As title says.

    I assume 3 different stocks over spending $3k on just one company, in relation to diversification ?

    BHP
    CCA
    NCM

    Cheers, HAPPY STACKING :)
     
    GRETZKY427, Apr 10, 2016
    #1
  2. silver kook

    silver kook Active Member

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    Not worth buying 3 parcels of $1k each as brokerage fees will put a big dent in your investment. Better off putting it all on one share.
     
    silver kook, Apr 10, 2016
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  3. Stackman

    Stackman Member Silver Stacker

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    Agree that $1K is too small for one share: apart from the brokerage, the dividends and any capital gain will be negligible.

    Whether you invest in 1 share or 3, either way you are not getting any real diversification. If you want diversification consider a Listed Investment Company such as AFI or ARG.
     
    Stackman, Apr 10, 2016
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  4. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

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    Its not worth diversifying with AU$3,000.

    Of the three specifically mentioned, are you sure the ticker symbol is CCA and not CCL who is Coca Cola Amatil?
     
    Roswell Crash Survivor, Apr 10, 2016
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  5. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    HNB
     
    Caput Lupinum, Apr 10, 2016
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  6. dollars

    dollars Active Member Silver Stacker

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    If I had three grand to spend I would buy BLK Blackham Resources.
     
    dollars, Apr 10, 2016
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  7. trew

    trew Active Member Silver Stacker

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    If that will be the only investment in stocks then put the $3K into a listed fund to get built in diversification

    HHV (sells below asset value)

    SOL

    even ARG (well known and holds blue chips but sells above asset value)


    what is HNB ?
     
    trew, Apr 10, 2016
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  8. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Hookers n' Blow
     
    Caput Lupinum, Apr 10, 2016
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  9. kramer

    kramer Member

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    if i was spending 3k today i would buy either TSN or PSF ( which i already hold.)
     
    kramer, Apr 11, 2016
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  10. raven

    raven Well-Known Member Silver Stacker

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    raven, Apr 11, 2016
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  11. boneyard

    boneyard Well-Known Member Silver Stacker

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    boneyard, Apr 11, 2016
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  12. raven

    raven Well-Known Member Silver Stacker

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    or people on the waves !
     
    raven, Apr 11, 2016
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  13. raven

    raven Well-Known Member Silver Stacker

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    anyway, getting off topic !
     
    raven, Apr 11, 2016
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  14. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    ETPMPM

    You can't really diversify $3K nicely and I assume the diversification requirement is to reduce overall risk.

    ETPMPM gives you a basket of precious metals with a solid component of gold and silver so has built in diversification across 4 PMs and they *should* give you less volatility than a company share price and if you're holding long term then the buy/sell spread is no issue.

    Still plenty of upside for PMs methinks and I reckon you wouldn't be on this site if you didn't think PMs were an investment option.
     
    BuggedOut, Apr 11, 2016
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  15. boneyard

    boneyard Well-Known Member Silver Stacker

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    Only $114 per share..........

    [​IMG]
     
    boneyard, Apr 11, 2016
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  16. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    Whats your point?

    $3,000 / 114 = 26 shares. Pay brokerage with the change.
     
    BuggedOut, Apr 11, 2016
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  17. boneyard

    boneyard Well-Known Member Silver Stacker

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    Just amazed at the $ per share.

    I am used to seeing much lower prices.

    Anything over $100 per share is huge to me.
     
    boneyard, Apr 11, 2016
    #17
  18. dollars

    dollars Active Member Silver Stacker

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    Didn't know that silver stackers had that much interest in these type of stocks!!!


    cheer$
     
    dollars, Apr 11, 2016
    #18
  19. SilverDJ

    SilverDJ Well-Known Member

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    Yep, at $3k I'd just pick one.
    You didn't say your strategy. Either a pie-in-the sky shot, or a long term dividend play.
     
    SilverDJ, Apr 11, 2016
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  20. SilverDJ

    SilverDJ Well-Known Member

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    I'd buy $3k worth of oil, code OOO
     
    SilverDJ, Apr 11, 2016
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