Invest Bargain - Your Stock Picks?

squeeze on 27/08/2024 - 07:29

Okay so I know you shouldn't trust random people on the internet for investing advice, BUT I want to know… (And us ozbargainers are a tier above when it comes to financial saviness)

  1. Which stocks would you suggest looking into as potential investments?

  2. How do you find new stock picks?

I have quite a few ETFS, and a some individuals (eg. PME, TLS, RIO, WES, PDN). By no means advanced at investing. Looking to more some quiche out of savings over time as the interest rate looks like it will come down and pump into stonks.

Financial

Comments

  • SBOB on 27/08/2024 - 07:40
    +1

    And us ozbargainers are a tier above when it comes to financial saviness

    "stock picking", compared to diversified options, seems opposed to that :)

    • squeeze on 27/08/2024 - 08:17

      Diversified is very sensible and mostly what I've invested in. So far I have done well with individual stock picks so I'm allowing for some higher risk in a portion (maybe 15%) of my portfolio. Mostly blue chips and the occasional gamble to keep it interesting.

  • DingoBilly on 27/08/2024 - 07:51
    +5

    Etfs.

    Why would you pick individual stocks? That's just gambling and you statistically will not beat the market. I'd suggest selling your individual stocks and putting them into etfs personally.

    VAS/VGS in a 25/75 split is the obvious, or VDHG. No need to complicate it more than that.

    • sumyungguy on 27/08/2024 - 08:57

      For international access IVV and VGS seem widely recommended; with VGS slightly more diversified

      • flywire on 27/08/2024 - 10:50

        IOO

    • arkie0 on 27/08/2024 - 11:53
      +2

      Why is 25/75 the obvious split?

  • theHMASfriendship on 27/08/2024 - 08:08
    +24

    I prefer making my own stock but in a pinch I usually pick the Maggie Beer chicken stock because at least it’s made with real chicken. Some of the other ones don’t even have chicken in them.

    • Ozbar Gain on 27/08/2024 - 08:10

      Mate which body parts of said chicken make it into the stock?

    • loulou1 on 27/08/2024 - 08:11
      +9

      My approach is a little more high risk, I choose a cheaper stock then tick ‘allow substitutions’ in my online shopping, sometimes it pays off

      • moar bargains on 27/08/2024 - 12:26

        Well as long as you're staying within your risk appetite and not buying things you can't afford to lose use you should be ok.

    • markathome on 27/08/2024 - 10:59

      This is the correct answer.

    • watwatwat on 27/08/2024 - 13:43

      For diversification you should include the top 500 herbs and spices available in USA.

    • fredblogs on 27/08/2024 - 18:56

      I find Maggie Beer stocks really watery / diluted

      • theHMASfriendship on 27/08/2024 - 19:48

        More like Maggie Mid-Strength amiright Fred

  • HardQuiz on 27/08/2024 - 08:12
    -1

    Yes

  • JIMB0 on 27/08/2024 - 08:15
    +8

    I get them off number plates. I created my portfolio by writing down the letters from 20 cars that drove past. I then put an equal amount in each.

    • Ozbar Gain on 27/08/2024 - 08:17
      +5

      That makes cents

      • happydude on 28/08/2024 - 02:23

        Only makes cents if you start with dollars.

  • Ocker on 27/08/2024 - 08:25
    +3

    Check out Hotcopper.com.au to see what all of the "pump & dump" players are flogging

  • AustriaBargain on 27/08/2024 - 08:31
    +2

    I've got a couple of Mario DDR dance mats and some limited edition Assassins Creed statues in my portfolio. Am thinking of offloading them to buy food, but waiting to see where the market is going…

  • GordonD on 27/08/2024 - 08:33
    +4

    I grew up in the country. So the stock I'd pick would be cows.

    Oh, you don't mean that sort of stock. You mean shares. You buy shares, and by doing so get stock (ownership) in a company. Buying a company's stock is something completely different. That's buying its inventory of products for sale. As in, a farmer's stock is stock, like, cows. So if you want to buy stock, you go to a stock yard. If you go to a stock exchange, what you buy there is shares.

    • payless69 on 27/08/2024 - 10:27

      As a vegan I prefer to sin on equine meat.

  • onetwothreefour on 27/08/2024 - 08:39

    I have VGS, VAS & NDQ.

    This is not financial advice, do your own research.

  • EightImmortals on 27/08/2024 - 08:42

    LTP only getting started IMO (not investment advice)

  • pyramid on 27/08/2024 - 08:48
    +1

    A200…

  • JIMB0 on 27/08/2024 - 08:51
    +7

    Sign up to one of those stock picking newsletters and do the opposite of what they recommend.

  • borntospeed on 27/08/2024 - 08:52

    Really depends on your appetite for risk, personally i wouldnt go for shares. I went with 70% IVV and 30% A200 because of low MER. If you want high dividend, try VYM

  • Iwantthebestprice on 27/08/2024 - 08:59
    +2

    Lego

    • Jimothy Wongingtons on 27/08/2024 - 10:17
      +1

      I understood that reference

      • Iwantthebestprice on 27/08/2024 - 13:14
        +1

        I’m glad someone did lol

        • juns on 27/08/2024 - 23:47

          Please enlighten the infrequent bargainers.

  • donga100 on 27/08/2024 - 09:32

    You won't get any useful advice as you haven't provided enough information.

    • Why are you investing?
    • How quickly do you need to be able to liquidate the investments?
    • How long do you intend to hold the investments?
    • How much risk are you willing to take?
    • Are you paying off a mortgage or any other debt? credit card, car loan, etc.
  • Baysew on 27/08/2024 - 09:56
    +5

    Take 50% of your money and put it in the blue chips- Transatlantic Zeppelin, Amalgamated Spats… Congreve's inflammable Powders, U.S. Hay… and sink the rest into that up-and-coming Baltimore Opera Hat company

  • Jimothy Wongingtons on 27/08/2024 - 10:18
    +2

    anyone following that guy on reddit who spent his 800k (usd) inheritance from gram gram on intel stock

    • SBOB on 27/08/2024 - 10:48
      +1

      just googled it
      thats a post made for an 'ooooooof' meme :)

    • skid on 27/08/2024 - 12:07

      Bought at $30.45 and today it's worth $20.13 (US$462728). Never know, he might have the last laugh in 20 years.

      • Jimothy Wongingtons on 27/08/2024 - 14:32

        considering his age and the fact gram gram left him 800k , im sure his parents got way more, and financially this is probably just a drop in the ocean, funny pub story even if it doesnt work out even in 20 years (his original plan was a 10 year bet)

  • brad1-8tsi on 27/08/2024 - 10:23

    And us ozbargainers are a tier above when it comes to financial saviness

    I feel something warm in my pocket

  • payless69 on 27/08/2024 - 10:29
    +2

    HN stock, he is a LEGEND…

    • MITM on 27/08/2024 - 12:07

      Name checks out

  • Chef-Johnson on 27/08/2024 - 10:57

    MME

    • watwatwat on 27/08/2024 - 13:45

      Tell me more.

      • Chef-Johnson on 27/08/2024 - 20:17

        Originations up
        Bad loans from early in piece down
        Commercial product - unbeatable in market
        Growth phase now
        Possibility purchasing a competitor shortly

  • moar bargains on 27/08/2024 - 12:29

    Inverse Cramer ETF.

  • Ghost47 on 27/08/2024 - 13:36

    Copy Nancy Pelosi’s trades.

  • Daniel Plainview on 27/08/2024 - 13:53
    +1

    This is a speccy but I think the risk vs reward stacks up hence have a $10k exposure to it. MSB (Mesoblast Ltd).
    https://www.google.com/finance/quote/MSB:ASX
    Biotech/medical, good support at current level ($0.95-1.00). It will not do SFA until early '25 when it's submission to the US FDA for approval is considered.

    In the past on potential of that alone it was as high as ~$8.50 back in 2011. So IMHO this is the floor level it can get to if it's approved. But since then they've also identified extra uses for their tech such as chronic lower back pain, damaged hear muscle etc - so scope to go above this.

    So the downside is you lose 75-85% of your capital (previous level it went down to when FDA rejected approval) upside being very high makes this palatable as part of a balanced approach. Is also worth noting that when share price was depressed there was very heavy buying by their CEO, which is always a good sign IMHO.

    The rest of my portfolio is pretty broad ETF's but this is my sole speccy. Yada yada - this is not financial advice. ;-)

    • squeeze on 27/08/2024 - 22:26

      Nice one! Im looking into it now..

    • HCBargain on 28/08/2024 - 06:17

      I hold of a couple of similar biotech small cap australian stocks. In my opinion the best of these is Lumos (LDX) who I see as about an order of magnitude undervalued (but still below IPO issue price), with much more upside beyond that. I can share a couple of others too if you this area of the market is of interest.

  • 2jzzzz on 27/08/2024 - 14:53

    ARU

  • altomic on 27/08/2024 - 15:07

    Anacott steel

  • Hvrd on 27/08/2024 - 16:15

    inverse jim cramer etf

  • TALL1one on 27/08/2024 - 16:23
    +1
    • CSL LIMITED
    • XERO LIMITED
    • WESFARMERS
  • hotdish on 27/08/2024 - 23:44

    WA1 is a mining company worth a look, with one of the world's largest niobium resources.

    Google WA1 ASX Datt for plenty of research

    https://youtu.be/q8lYuX04OCQ?si=hNoHySzAYq4j8ei0

    Will be $25-30 within 12 months. Currently $16.74

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