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
    +10

    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.

      • SlickMick on 28/08/2024 - 08:29
        +15

        My experience is that even great companies suck once they're in my portfolio.
        You'd have to be good to outperform an index. History says you eventually won't.
        ETFs FTW.

        • JimB on 28/08/2024 - 15:55
          +1

          "great companies suck once they're in my portfolio. "

          That's the way the world works.

      • RTX9090Ti on 30/08/2024 - 07:11

        NVDA

    • HeWhoKnows on 28/08/2024 - 14:54
      -2

      2c stocks have always been considered "Bargains"

      I dont necessary agree but if OP is looking for "bargain stocks", there you have it.

      But on a more serious note

      REITs are always at bargain prices when interest rates are high

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

    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
      +4

      Why is 25/75 the obvious split?

      • MinifiguresAU on 28/08/2024 - 19:31

        Isn't it obvious?

      • atwilliams on 29/08/2024 - 14:28
        +1

        VAS is made up of 300 companies on the ASX. The ASX represents ~2% of global stock markets, but gives Australian investors favourable dividend benefits (franking credits)

        VGS is comprised of ~1,500 companies from across the global (excluding Australia), but with a high representation in the USA.

        The actual % split can be varied depending on your risk appetite, but historically international shares have delivered higher long term returns, hence a ~75% split gives you a bias towards those returns.

        • sillyhead on 30/08/2024 - 11:39

          Why would you not recommend VTS. Similar exposure but way less fees.

          VGS = 0.18% pa management fee
          VTS = 0.03% management fee.

          I switched my strategy years ago when I realised that VTS performed better and had lower fees. VGS is still western world and would tank almost as bad as VTS if a US stock crisis was to occur.

          • atwilliams on 30/08/2024 - 13:18
            +2

            @sillyhead: The objectives of the 2 funds is different, even if there is overlap in some of the major holdings.

            VTS is a total US market ETF. i.e It holds the entire market (large caps, mids and smalls).
            VGS is a globally diversified ETF.

            If you believe the US is the only country which can produce top performing companies and are happy with a total exposure to the US$, then VTS maybe for you. However, there are some very good companies in other economies which are included in VGS, so you get some geographic and currency diversification, whilst still having exposure to the S&P 500.

            All comes down to risk appetite.

          • BluebirdV on 30/08/2024 - 17:13

            @sillyhead: What broker do you use to buy these?

        • arkie0 on 30/08/2024 - 16:08
          +1

          All comes down to risk appetite

          And personal situation. A statement like "25/75 split is the "obvious"" without having any information on OP's situation is likely to be inaccurate.

    • Korban Dallas on 28/08/2024 - 20:53

      Here we go. More Reddit advice.

  • theHMASfriendship on 27/08/2024 - 08:08
    +75

    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?

      • jollibot on 28/08/2024 - 08:53
        +3

        The tasty ones.

      • serpserpserp on 29/08/2024 - 07:39
        +1

        Usually they just put the chicken lips in there

      • Ciderfizz44 on 31/08/2024 - 00:24

        It's a 70/30 split with the gizzards and feathers, isn't it obvious?

    • loulou1 on 27/08/2024 - 08:11
      +18

      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
        +1

        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
      +3

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

    • fredblogs on 27/08/2024 - 18:56
      +1

      I find Maggie Beer stocks really watery / diluted

      • theHMASfriendship on 27/08/2024 - 19:48
        +2

        More like Maggie Mid-Strength amiright Fred

    • skittlebrau on 28/08/2024 - 17:01

      Get chicken carcasses and make your own.

      • theHMASfriendship on 28/08/2024 - 18:12

        Read the first 6 words of my post

        • skittlebrau on 29/08/2024 - 09:29
          +2

          Sorry, that’s what being a tired dad does to my reading comprehension skills.

    • darkmoss on 30/08/2024 - 11:56

      much better off eating a chicken , then using the frame to make your own stock

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

    Yes

  • JIMB0 on 27/08/2024 - 08:15
    +22

    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
      +16

      That makes cents

      • happydude on 28/08/2024 - 02:23
        +4

        Only makes cents if you start with dollars.

        • JIMB0 on 28/08/2024 - 07:39
          +1

          It's a solid plan that would be similar to a market tracking fund. There's not many people who can consistently beat the market, I'm not wasting my time trying.

  • Ocker on 27/08/2024 - 08:25
    +4

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

  • AustriaBargain on 27/08/2024 - 08:31
    +4

    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
    +7

    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.

      • serpserpserp on 29/08/2024 - 07:45
        +1

        Maybe you should invest in vegan ethical stock, like OXO

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

    I have VGS, VAS & NDQ.

    This is not financial advice, do your own research.

    • jollibot on 28/08/2024 - 08:55
      +1

      They aren't stocks, though.

    • Lockieasy on 28/08/2024 - 09:08

      I think this is his research.

  • EightImmortals on 27/08/2024 - 08:42
    +2

    LTP only getting started IMO (not investment advice)

    • IM-Cheap on 29/08/2024 - 23:12

      Yeah the growth of this has been impressive. I found this one through an article in AFR when they did the last cap raise.

      The business section of newspapers can be a good starting point for finding stocks but you have to reason for yourself if the opportunity is there. Always DYOR.

  • pyramid on 27/08/2024 - 08:48

    A200…

  • JIMB0 on 27/08/2024 - 08:51
    +17

    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
    +4

    Lego

  • donga100 on 27/08/2024 - 09:32
    +3

    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
    +14

    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
    +6

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

  • 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
    +3

    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
    +2

    Inverse Cramer ETF.

  • Ghost47 on 27/08/2024 - 13:36
    +2

    Copy Nancy Pelosi’s trades.

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

    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
      -1

      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.

      • Daniel Plainview on 28/08/2024 - 09:11

        Interesting - but whats the WHY thats behind your sentiment for these guys? As they seem well and truly in the doghouse, having listed at ~$1.20 and now trading for the last 2yrs within the $0.05 range. So why are they breaking out of this?

        • HCBargain on 28/08/2024 - 13:10

          They listed, then had the FDA reject their submission. That's the why for the massive drop. Of recent times the submission has now been approved, there is a reimbursement code in the US for the test, they have an ongoing tier 1 client, and are cashflow positive.

      • mikekiwimike on 28/08/2024 - 09:20
        +1

        None of these are 'undervalued', they are speculative investments meaning you are likely to lose but you might be lucky, probably in the order of 90% you will lose and 10% you will make money.

        Value has to do with returns, not with expectations and hope with a little bit of luck sprinkled in, unfortunately the stock market doesn't work like this anymore, small cap stocks are used for short trades to make big returns in a short time (if lucky) just as many of the companies with real 'value' - meaning they actually make a profit, are short traded or speculatively traded that benefits no one except the trader themselves.

        ETF's probably are the best way to get a consistent return today, but these ETF funds are only a bad decision away from being junk, when the corporate leaders of these companies see profits through doing the wrong thing, they will do it - queue Sub prime loans etc etc.

        In saying this, you can not trust a large financial company to have your interests at heart because their shareholders returns are the only thing they are supporting and their CEO will have a large amount of their salary tied to performance in the short term because no one cares about long term except us - the ones who lose when businesses go bad.

        So do your own research, investing in stocks yourself will probably do ok if you hold for a few years - the general stock market has a consistently good return over time - so long as you diversify and don't put everything into Telstra! /s , investing in ETF's will probably be good for you too, but watch for any signs that maybe things aren't as they should be and investing in penny stocks (like these bio companies) with a small amount will also be an ok investment strategy considering that you will most likely lose, but when you win it will be big.

        • HCBargain on 28/08/2024 - 13:07

          Fair points all of them. Always take a balanced approach.

    • Daniel Plainview on 05/10/2024 - 18:25
      +1

      Not to toot my own horn but MSB is only up a lazy 50% since I gave this tip. Has major momentum too and a long way still off where I expect it to go with FDA approval pending,

      LOL and even got negged by some numb nut with one lone plus vote - tough crowd indeed,

      • Daniel Plainview on 19/12/2024 - 16:39

        I've had a bad week on the health front…..but this stock, MSB was up 54% today alone. Surging to $3.05 after becoming full FDA approved. Well over 300% up from the stop tipped. FWIW I reckon this is the tip of the elevator up, the approval for this usage is just a small part of the potential applications - if they can get approvals for heart and back pain use, as they seem to suspect it'll go through the roof. And even if not it's been without approval much higher, now with approval I see no reason why it won't in reasonable time be back to the ATH's of $8.40+.

  • 2jzzzz on 27/08/2024 - 14:53

    ARU

    • bmxr on 29/08/2024 - 22:08

      The Wallabies are on a massive slide. Sell, sell, sell.

  • altomic on 27/08/2024 - 15:07

    Anacott steel

  • Hvrd on 27/08/2024 - 16:15
    +2

    inverse jim cramer etf

  • TALL1one on 27/08/2024 - 16:23
    +2
    • 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

  • onceupon8 on 28/08/2024 - 07:04
    +1

    Knowing which stocks to buy is one part of the question. Knowing when to sell is another part.

    As you are asking the question here on which stocks to pick, you most likely won't be able to beat the market in the long term. Sure, you can pick a few great stocks and get some great returns in the short term, but you will eventually have some big losses and have a long term return lower than the market.

    If you want to be able to beat the market, you need something like:
    a. More risk - choosing 1 or 2 or 3 companies - and holding for the long term - if they do well, you will beat the market - if they do badly, you will significantly underperform; or
    b. Research teams (or possibly subscriptions) who are always analysing the market for you and who will let you know not only when to buy, but when to sell (and there's still no guarantee that you will beat the market); or
    c. Have a lot of experience/contacts/education/capital to be able to take advantage of opportunities in the market. This would be more likely on small caps.

    If you diversify into 10-20 stocks, you will likely end up with a result similar to a broad market ETF, so just go with the ETF as it's a lot less work. Remember that their are entities out their with million/billion dollar computer setups and hedge funds etc with huge teams of the smartest people. You can't compete with them. And they don't always beat the market. And they also have access to non listed assets.

    You could instead pick which sectors you think will outperform and choose ETFs based on that (eg US, AU, EU) and/or ETFs based on a currency exchange rate that you think is well above/below the long term average. You could also take advantage of the rare market corrections, and use leverage at those times (if you know what you are doing and won't end up with a margin call).

  • WorstAgreeableRadish on 28/08/2024 - 09:25

    Mostly ETFs, like the S&P 500.
    Around the beginning of Covid I thought I was smart and invested quite a large percentage of my funds into the Ark Innovation Fund, my logic being that innovative companies will do innovative things to help with the challenges of the times and grow in value. I sold it last year for half of what I paid for it. The manager sold nVidia early and instead banked on Meta. Who the (profanity) chooses Meta? Yes, I'm still salty.

    For individual stocks, I invest in companies I think are on the right track and are in an industry I follow. I got lucky with some nVidia (back then they were doing stuff for self driving cars and even though I didn't think AI would become as big as it did, I liked that they were forward looking), MS (Azure, cloud and other seemingly good moves) and AMD (more because of Intel's blunders).

    I only use a small percentage (10%) of my money on individual shares, because it is definitely gambling if you don't really know what you're doing. In these examples it worked out, but almost every time I invest in companies in industries I don't follow daily, I lose money.

  • smartazz104 on 28/08/2024 - 09:53
    +2

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

    The words you're looking for are "tight arses".

  • smartazz104 on 28/08/2024 - 09:58
    +6

    What's my secret investment? This year, I invested in pumpkins. They've been going up the whole month of October. And I got a feeling they're gonna peak right around January. And bang! That's when I'll cash in.

  • BronzingStubble on 28/08/2024 - 10:01
    -5

    Unless you are a registered financial advisor, you cannot give stock recommendations, especially in a public forum like this. Just saying.

    • gromit on 28/08/2024 - 10:17

      This is not correct. many stock forums exist and are perfectly legal and within the rules. they usually add a disclaimer to make sure people aren't dumb and take it as financial advise e.g. "None of the content posted on Forum should be considered financial advice. ". the same would be implied here, this is not a stock advise or financial advise forum, it would not fall under any such rules unless the person giving the stock recommendation is calling it financial advise.

      • binti33 on 29/08/2024 - 21:44
        -2

        Actually, he is correct. You can call a potato a tomato but that doesn’t make it so. The rules don’t apply to just certain forums and not others, the corporations law does not make any such distinction.

        Refer to s766B of the corporations act 2001

        Meaning of financial product advice , personal advice and general advice
        (1) Financial product advice means a recommendation or a statement of opinion, or a report of either of those things, that:

        (a) is intended to influence a person or persons in making a decision in relation to a particular financial product or class of financial products, or an interest in a particular financial product or class of financial products; or

        (b) could reasonably be regarded as being intended to have such an influence.

        • gromit on 29/08/2024 - 23:45
          +1

          you would think the name of the act you quoted would give you a clue why it does not apply to individuals not conducting a business.

          • binti33 on 30/08/2024 - 10:58
            -1

            @gromit: lol so if corporations act doesn’t apply to individuals, how do you think they ban individual advisers? Under what provision? Hint: it’s in the corps act.

            Follow up question: why do you think ASIC gives warnings to “finfluencers” that they could be breaching the corps act?? Also- ever heard of “unlicensed advice”? You don’t need to make money from it. Again, that’s not a requirement under the law. Nice try though. Maybe stop commenting about something you’re clearly guessing about?

        • johnno07 on 30/08/2024 - 07:37
          -1

          You've gone to the effort of bringing up the Corps Act just to completely not understand what you're looking at.

          • binti33 on 30/08/2024 - 19:21
            -1

            @johnno07: Please explain it to me, o wise one. With evidence, of course.

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