Help With Shares

[plowking]

I'm 16 years old and am currently looking to invest a few grand in shares. I've been looking at the market for quiet some time now, but feeling a bit nervous in selecting which company I should go with. Few I am interested in are ING Industrial, Coca-Cola, CSL, BHP, Timbercorp Limited or Oil Search.
I am currently leaning towards Oil Search and Timbercorp Limited. Oil Search seems to be steadily increasing, while Timbercorp is near its yearly low and has potntial to increase. Just looked at NMS and seem to be doing very well as of late, could anyone suggest if they are a good company to invest in?
Any help would be appreciated, and advice on which shares to invest in.

Thanks in advance.

 

[Jeremias]

Are you looking at long term or short term investments, as that will narrow down the choices...?

 

[plowking]

Long term. Just want to keep it in one company and hopefully watch the money grow.

 

[plowking]

Just looked in the paper for today and it says Candle Australia (CND) would be a good buy at $3.86. Thoughts? Would this be a good company for the long run?

 

[johnnyhoward]

WOW, BHP are surefire shares over the long-term. Unfortunately to buy the minimum amount of BHP, for example, you'd need around $18,000. How much do you have to invest?

 

[plowking]

Approximately around $2500, +-500 here and there. Just want to invest in the one stock. Been looking around some more and seem to have found two favourites. Oil Search and GINDALBIE METALS.
There's about a 90% chance i'll go with Gindalbie Metals, as they sounds very promising. They are expected to have huge months in August and Semptember. They are expected to double by the end of September.

 

[dmc333]

Out of what you've quoted in your initial post, NMS would give you the best leverage. Looking good to be at least 1.50-1.60 by the end of the year.
And it should keep growing.

 

[James23]

i suggest ARU.. some huge months ahead i believe. and an even bigger future

 

[plowking]

Thanks for your help everyone, but I decided to go out on a limb and buy GBG. Bought them at $1.58 and they are currently $1.69, so I am happy to have gotten on board. For others looking to invest, I would say GBG is a good long term company to invest in, which I found out after researching extensively on them.

 

[kolchak]

I'd forget Timbercorp, I made a few bucks out of there swings, but the sentiment towards the SP is too volatile. My opinion though. Quality company though.

GBG, also have a look at ROY.

 

[year of the roo]

CSL and Coco-Cola wouldn't be where I was putting money if I were you. CSL shares must be around the $90 mark, so considering how much you are going to invest they are probably too expensive.

The banks are where you should be looking. Then maybe diversify with some mining (eg BHP), insurance (eg QBE) and retail (eg JB Hifi). Spread it around, you can always buy more in them later on and/or re-invest your dividends.

 

[James23]

ARU ARU ARU.. you'll kick yourself in the next 3 years when you see their price and not getting on board

 

[year of the roo]

ARU ARU ARU.. you'll kick yourself in the next 3 years when you see their price and not getting on board

I was about to rip you a new one, but I notice that ARU doesn't in this instance stand for the Australian Rugby Union.

 

[Ghostwriter]

I gave up trying to pick shares myself, I ask my broker now, I just say give me dividend payers with minimal risk, its worked so far. But the best one I picked myself was MAH, bought at 20 cents now sitting at $1.35 with a takeover offer in the offing.
Also reinvest your dividends for more shares don't take the cash/cheque.
Another benefit is when the company make another issue usually they are at a better offer than market, I tend to take the offer up as well, its a cheaper way to build your shareholding, I love coming home from work and checking my investments daily.
Having said all that I am putting quite a lot of money into my super fund now as well, can't go wrong with that investment either.

 

[kolchak]

I gave up trying to pick shares myself, I ask my broker now, I just say give me dividend payers with minimal risk, its worked so far. But the best one I picked myself was MAH, bought at 20 cents now sitting at $1.35 with a takeover offer in the offing.
Also reinvest your dividends for more shares don't take the cash/cheque.
Another benefit is when the company make another issue usually they are at a better offer than market, I tend to take the offer up as well, its a cheaper way to build your shareholding, I love coming home from work and checking my investments daily.
Having said all that I am putting quite a lot of money into my super fund now as well, can't go wrong with that investment either.

I heard of the takeover too, but didn't take my friend's tip

 

[Paddy_Mac]

I bought CBA shares when i was 12 at $32.27 (23 shares) now its at $53 something. I only invested $800 (that's all i had) now i have a profit of some 500-600 bucks.
My advice is to invest in banking. Seems to always go up.

Take a risk and see how it goes. Remember you do get dividends every 6 months (usually you get $1 for each share). They're handy.

 

[Murray]

Get into resources - it has at least 5 to 6 years run left in it.
Uranium, Nickle, Manganese, Gold, High Grade Iron Ore.
Can't go wrong

 

[juddy_Like]

Iv done my research as to which shares i want but how do i start?

Do i need a broker?

 

[FrediKanoute]

Iv done my research as to which shares i want but how do i start?

Do i need a broker?

You can open an online trading account. Most of the banks have one or an affiliate. Alternatively look up stockbrokers on the ASX website.

 

[footylover18]

ARU ARU ARU.. you'll kick yourself in the next 3 years when you see their price and not getting on board

What company is that, and why do you anticipate strong growth in the near future?