Re: ASX madness
Posted: August 31, 2021, 8:44 pm
TR's Family and the GH community in unision...
You beautiful human, youdubby wrote:I care
Suck updubby wrote:I care
that's what we've done this year... it's not very fun. i havent looked at it in months... might not look it in for years... but it'll come out in the wash. We'll get the long term results. But it does lack the unbridled fun of gambling on some random three digit stock... i hope in 20 years time we'll have built enough wealth for my wife to let me engage in this hog wild TR stuff, i have FOMO about itgreeneyed wrote: ↑February 20, 2022, 10:58 am I went into a managed investment portfolio. If you get a good financial investment company, they interview you systematically to determine your risk profile, then manage the portfolio mix by class. They produce a great mix of assets, with a spread of investments from very low risk to growth assets. They shift it to market conditions. Even when the market tanks I’ve never taken a loss overall (so far)… and because I’ve got a reasonable share in growth assets, I’m way, way ahead of where I started. Maximised the tax effectiveness by putting as much as I could into super.
I hit 92% returns.....on paper. Then Putin started licking his lips and eyeing off Kyiv.Botman wrote: ↑February 20, 2022, 8:29 pmthat's what we've done this year... it's not very fun. i havent looked at it in months... might not look it in for years... but it'll come out in the wash. We'll get the long term results. But it does lack the unbridled fun of gambling on some random three digit stock... i hope in 20 years time we'll have built enough wealth for my wife to let me engage in this hog wild TR stuff, i have FOMO about itgreeneyed wrote: ↑February 20, 2022, 10:58 am I went into a managed investment portfolio. If you get a good financial investment company, they interview you systematically to determine your risk profile, then manage the portfolio mix by class. They produce a great mix of assets, with a spread of investments from very low risk to growth assets. They shift it to market conditions. Even when the market tanks I’ve never taken a loss overall (so far)… and because I’ve got a reasonable share in growth assets, I’m way, way ahead of where I started. Maximised the tax effectiveness by putting as much as I could into super.
Your return on Sportsbet doesn't seem overly promisingQuestion wrote:Just give me all your money, ive got some good mail.
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Late reply, but I use Stake. $3 CHESS trades, regardless of size - won't beat that. Their ASX offering is relatively new, they were doing US-only not too long ago.
Thanks Sterlk. I ended up going with SelfWealth back then. From memory there was something to do with a currency conversion fee that turned me off Stake, but worthwhile looking into again. Yeah, I also have no interest in that socials side of the SelfWealth app either.Sterlk wrote:Late reply, but I use Stake. $3 CHESS trades, regardless of size - won't beat that. Their ASX offering is relatively new, they were doing US-only not too long ago.
Not as feature-rich as some other brokers that charge a premium, but if you don't need any of that extra junk and just want to maximise earnings I don't think there's any better options (CHESS options, at least).
You also currently get free trades for a year when you transfer your $1,000+ portfolio in.
I transferred from SelfWealth, which is probably the next best CHESS option price-wise, but their app is (or at least was) a flaming dumpster fire... enough to make me do something about it and take my business elsewhere - thing just didn't work consistently. Their 'social' features that can't be turned off are also pretty annoying; repeatedly rating your portfolio against other users'. I'd get emails all the time telling me I'm in the top 30%, bottom 50%, etc, of users for performance.
The currency conversion thing is when you put money in a US wallet to trade on Wall St. If you're putting AUD in to trade on the ASX, that's free - the only thing I've ever paid is the $3 trade fee.Sid wrote: ↑July 27, 2022, 1:44 pmThanks Sterlk. I ended up going with SelfWealth back then. From memory there was something to do with a currency conversion fee that turned me off Stake, but worthwhile looking into again. Yeah, I also have no interest in that socials side of the SelfWealth app either.Sterlk wrote:Late reply, but I use Stake. $3 CHESS trades, regardless of size - won't beat that. Their ASX offering is relatively new, they were doing US-only not too long ago.
Not as feature-rich as some other brokers that charge a premium, but if you don't need any of that extra junk and just want to maximise earnings I don't think there's any better options (CHESS options, at least).
You also currently get free trades for a year when you transfer your $1,000+ portfolio in.
I transferred from SelfWealth, which is probably the next best CHESS option price-wise, but their app is (or at least was) a flaming dumpster fire... enough to make me do something about it and take my business elsewhere - thing just didn't work consistently. Their 'social' features that can't be turned off are also pretty annoying; repeatedly rating your portfolio against other users'. I'd get emails all the time telling me I'm in the top 30%, bottom 50%, etc, of users for performance.
I should get out of the habit of checking the app to see the price changes as often as I have been out of boredom/interest
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