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How big is your portfolio?

  • Thread starter Thread starter Duritz
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BIRDBRAIN said:
Not really, I don't have the time or the knowledge to dedicate to it and I really do think over the long term brokerage is going to kill you, death of a thousand cuts. Also, if you change any of your details with computershare you're going to get thousands of letters in the mail, one for every stock you ever owned!
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Actually I am getting a pile of letters like this, and have not had time to look at them. I literally have a tub full of them. What's the deal with this? How do I stop all the mail? JoseMourinho do you know? I get a letter for every bloody stock I purchase!!!
 
Duritz said:
Actually I am getting a pile of letters like this, and have not had time to look at them. I literally have a tub full of them. What's the deal with this? How do I stop all the mail? JoseMourinho do you know? I get a letter for every bloody stock I purchase!!!
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You can't stop them, because computershare are completely insane.
 
Duritz said:
Actually I am getting a pile of letters like this, and have not had time to look at them. I literally have a tub full of them. What's the deal with this? How do I stop all the mail? JoseMourinho do you know? I get a letter for every bloody stock I purchase!!!
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Enjoy registry email <3
 

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Duritz said:
And by that I don't mean $$$'s, I mean number of stocks!

How many is too many?

I kind of treat it like gambling in a way, and currently have 161 stocks. Too many? Need more? Do I hold the bigfooty record? ;)
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Just put it all in an ASX200 index fund... Then you will have an equal piece of all 200 companies and only charged once.
 
sirlothie said:
Just put it all in an ASX200 index fund... Then you will have an equal piece of all 200 companies and only charged once.
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The downside is you're invested in an index fun when the ASX200 is underperforming. Small and mid caps have consistently outperformed over the last 12 months and will likely do so for the next 24.
 
ash_1050 said:
The downside is you're invested in an index fun when the ASX200 is underperforming. Small and mid caps have consistently outperformed over the last 12 months and will likely do so for the next 24.
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Vanguard do an index fund for the ASX300, $5000 to get in then you can add in $100 increments for free, it averages about a 10% return per annum and is a pretty low risk investment, but as with any investment there is a risk but if you want to get in the share market this is about as low risk as you can get. It's basically the step above the guaranteed returns of a savings account, you stand to probably get a higher return but it is not guaranteed. But a lot of the indicators of an oncoming recession are starting to surface, most notably temporary worker numbers are starting to drop which is the first sign of a recession coming historically, and I have also heard the rich are putting their money in gold and silver quickly so I wouldn't be investing right now myself personally. I'd just put it in a high interest savings account for the time being, it's risky at the moment to be investing in the share market.
 
sirlothie said:
Vanguard do an index fund for the ASX300, $5000 to get in then you can add in $100 increments for free, it averages about a 10% return per annum and is a pretty low risk investment
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Source for 10% pa return on a Vangard index fund (or any index fund) tracking the ASX300? According to their website the return in 2014 was 5.19% and 2015 was 2.65%.
 

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sirlothie said:
Ok so over the past 10 years it averages out a 7.8% return. If you dodge recessions figure would be much higher.
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Which is pretty standard for a moderate growth index fund over this time. 'If' doesn't count for the purposes of historical returns.
 
ash_1050 said:
Which is pretty standard for a moderate growth index fund over this time. 'If' doesn't count for the purposes of historical returns.
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So we should just put it in savings account, the top one being citibank who have a 3.4% initial rate then 2.00% and make a paltry $15 a month on $10k deposited but with no risk. It's quite depressing, like drawing blood from a stone to make money out of money unless you have a shitload of it. Because you get taxed on your sharemarket investment returns so it is a lot more risk for not a lot extra return plus fees...
 
sirlothie said:
So we should just put it in savings account, the top one being citibank who have a 3.4% initial rate then 2.00% and make a paltry $15 a month on $10k deposited but with no risk. It's quite depressing, like drawing blood from a stone to make money out of money unless you have a shitload of it. Because you get taxed on your sharemarket investment returns so it is a lot more risk for not a lot extra return plus fees...
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Respectfully disagree, I'd be looking at putting that $10,000 into an international shares index or active fund as it's tracking much higher than the ASX funds. Sitting in the bank you're effectively losing money once CPI is taken into account.
 
ash_1050 said:
Respectfully disagree, I'd be looking at putting that $10,000 into an international shares index or active fund as it's tracking much higher than the ASX funds. Sitting in the bank you're effectively losing money once CPI is taken into account.
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International shares index for what country? I had not considered this.

I only have just started recently saving some big money, about $500 a week, but I don't own a home and I am very mortgage adverse as I hate being in debt so I want to save up enough to buy a place outright, even if it is a cabin at a caravan park for $70,000 and pay it outright, that's the best way out I can see to set up a future. I figured if I can keep this up I can save $20k a year so in 5 years (when I turn 40) hopefully I will own a place.

But I am not enthralled by investment options here but the international shares index makes me curious...
 
sirlothie said:
International shares index for what country? I had not considered this.
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You could get a breakdown for US/Europe/Asia/South America specific markets but generally most international shares funds will fall under the umbrella of 'established and emerging markets'. Here's the Vangard link, do your own research etc etc.
 

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Of course I would :P.

Personally, I only have 3 stocks that I know inside and out. I put a lot into 1 of them and the other two are much smaller holdings. I don't mind putting the majority of my eggs in one basket when I know the company inside and out and its competitors. It has worked for me for the last 2.5 years.

Everyone is different though. Some go chasing dividends others SP performance.

I don't day trade as I never made any money out of doing it and not sure how others do.
 
Affidavit said:
Of course I would :p.

Personally, I only have 3 stocks that I know inside and out. I put a lot into 1 of them and the other two are much smaller holdings. I don't mind putting the majority of my eggs in one basket when I know the company inside and out and its competitors. It has worked for me for the last 2.5 years.

Everyone is different though. Some go chasing dividends others SP performance.

I don't day trade as I never made any money out of doing it and not sure how others do.
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I don't day trade but I short term trade. I have about 150 stocks right now and have sold 90 others in the last four months, so have purchased around 240 in that time.

**** it sounds crazy when I put it like that.
 

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