Which australian shares if you have $3k to spend

G

GRETZKY427

Active Member
Silver Stacker
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 :-)
 
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.
 
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.
 
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?
 
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)


Caput Lupinum said:
HNB
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what is HNB ?
 
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.
 
Only $114 per share..........

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BuggedOut said:
Whats your point?

$3,000 / 114 = 26 shares. Pay brokerage with the change.
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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.
 
dollars said:
If I had three grand to spend I would buy BLK Blackham Resources.
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Didn't know that silver stackers had that much interest in these type of stocks!!!


cheer$
 
silver kook said:
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.
Click to expand...

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.
 
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