Welcome Mo, my suggestion would be to start with the introduction to investing course that OST offers. In fact theres one in JHB, presuming you can get here on the 16th. Learn as much as you can upfront and remember, its your investment and ultimately your choice. Everyone will have a different opinion on different companies, but ultimately it boils down to your decisions based on risk appetite, investment horizon, and industry preference. Good luck!
choose 5 shares and investment term at least 5 years, all in different sectors. Invest the equal rand value in each of the 5 shares. Include only one mining share. At the moment, Woolies(WHL) and Discovery(DSY). But , visit Simons justonelap, where you would see diffrent portfolios being set up. On this site , just beware the trolls, some even troll with their family
Interesting answer but I think it is a little unfair to say who's advice one actually follow on this forum Â– it might lead to less postings from that person, just because he/she might be afraid that the post might be regarded as investment advice which might not be correct for your circumstances. The idea of the forum is to create possible investment opportunity ideas for own investigation and decision making.
Mo, welcome to dog eating dog world. The only tip that I have: You do not start a portfolio before you have decided if you are a trader or an investor. Or % wise how much money you want to use to infest or use for trading. You work out how much money you can afford to lose and get to a % for placing stop losses on trades. Keep an eye on the intraday trading velocity in price before deciding. Then you investigate the best shares to buy to get maximum return on capital, splitting your capital between 3 or 4 unrelated sectors across the JSE. To preserve capital and to get more exposure, for trading you use cfd's but make sure you know the risks and that your stop losses are placed correctly. Also note that stop loss triggers can fail. Once you decide to buy a specific share/cfd, you record your motivations and expectations. Then you invest. Keep checking your written motivation and re-evaluate constantly, sell or re-evaluate when you feel that the target price has been met and just sell when the amount of money that you are loosing is exceeding the original risk that you have decided on. Once the buy and sell are completed: re-evaluate, do a thorough investigation and decide what you can do better for the next investment/trade.
Hi Simon. Can you give a bit more background to this ETF. My limited understanding of the ETF, in the re-rating to 2.5% for each share, surely means that the ETF will be selling the momentum shares to buy those that are lagging?
Yes, now google evaluate info, get a site that provides real time charting, watch your favourite index for 3 months while testing random strategies and indicators. You are ready to start trading a small % of your portfolio.