Author Topic: Junior-skilled investor  (Read 1088 times)

Kain_dragooner

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Junior-skilled investor
« on: February 06, 2017, 04:55:05 AM »
Hi there from Argentina!
I'm ready to start investing through my online broker ANZ securities account, but I need some advice in order to make a short-listing on NZX & ASX markets shares and etfs.
I only have a small amount to invest, and maybe in a couple of months, I can add another small amount (around 3k)

Can someone give some advice for short/medium & long term?

Thanks a lot!

FrugalFisherman10

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Re: Junior-skilled investor
« Reply #1 on: February 08, 2017, 07:57:02 AM »
Hello from the USA!
Have you read anything on this blog or forum? If not, start by reading the next few links first, before making your first investment in a short. Please don't make that investment before reading these... you will be much better off.

http://www.mrmoneymustache.com/2011/05/18/how-to-make-money-in-the-stock-market/

http://jlcollinsnh.com/2012/04/25/stocks-part-iii-most-people-lose-money-in-the-market/

http://jlcollinsnh.com/2011/06/02/why-i-cant-pick-winning-stocks-and-you-cant-either/

Lastly, to quote Indexer from these forums:
Quote
"Bad idea.

Do you think you know more, or can otherwise make better decisions than everyone else out there? People with significantly more money (billions of $), resources (multi-billion $ corporations behind them, with super computers), time (they're working on this 80 hours a week, it's literally all they do), and experience?

To the point where you can have a non-related full-time job, come home, read a few pages of text on a blog somewhere while relaxing after work, and literally take money from people who are (frankly) much smarter than you?

Please, don't take this as a personal attack. These are the questions everyone should ask themselves before they consider making a move like this. Expecting a strategy you read on a blog somewhere to result in successfully winning against people like this, is like expecting to beat Lebron James in basketball because you read on a blog that the three-point line on the sides are much closer to the basket.

It's a zero-sum game, don't waste your time."

Kain_dragooner

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Re: Junior-skilled investor
« Reply #2 on: February 14, 2017, 04:33:56 AM »
Thanks a lot for your reply &  links Frugal Fisherman!
After reading your links, I can tell that here, in Argentina, we have the very same kind of share market advices/warnings/tips and so on.
Hopefully (or not), I'm not planning to beat the market, or trying to make a retirement fund. In Argentina, we had a 45% inflation last year, and this year we had a forecast of 30%,so this kind of investment is for me only a way to "protect" my savings from inflation... 🙄

Will continue reading a lot, and when I feel more confident, will make a pick and star on share market.

Thanks!! 😊