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

              • binti33 on 30/08/2024 - 21:37
                -1

                @johnno07: Bro just stop, clearly you have no background in law, you’re embarrassing yourself. Just because the Act is titled corporations doesn’t mean it only applies to corporations and nothing else. The Act, particularly chapter 7 which deals with financial services, is crammed with heaps of provisions that apply to different legal persons. Financial advice provisions apply to any person (which includes AFS licensees, authorised representatives, or clueless internet users like you) who provides an opinion/recommendation that is intended or might reasonably be intended to influence a person to purchase/dispose of etc. of a financial product. A share is a financial product. These provisions are read together with those that relate to licensing of financial advice eg. That a person needs to be authorised under an AFS licence to provide advice, which clueless internet users like you are not. People in the comments asking questions like “tell us more about yourself” make things worse by straying into the territory of personal advice, which is where you take a persons circumstances into account when providing said advice and which comes with more obligations such as the provision of a statement of advice (SOA). I could go on and on. But please continue telling me about the fact that ItS CaLLeD “COrporAtions” Act ThOugH XD

                • johnno07 on 30/08/2024 - 22:51
                  -1

                  @binti33:

                  clearly you have no background in law

                  My experience is that people that say this are usually baby lawyers. So I'm going to assume that's what you are and completely disengage from this conversation as it is, as you say, embarrassing.

                  • binti33 on 31/08/2024 - 10:41
                    -1

                    @johnno07: My experience is that people who have no idea comment as an authority on things on the internet. You’re one of those people. Do better next time and have some humility and just say “thanks for informing me” or simply, “you’re right - I don’t know”. Farewell.

    • bejahi on 29/08/2024 - 05:06

      Sorry mate but unless you are a registered forum moderator, you cannot give embarrassing misinformation like this, especially in someone else's forum like this. Just saying.

  • Herbs on 28/08/2024 - 11:27

    DJT on the NASDAQ. Gonna rise anytime now…/s

  • SoapyWooder on 28/08/2024 - 11:57
    +1

    BTC crash, 5% today, time to buy?

    • Aerith-Waifu on 28/08/2024 - 23:39

      you call 5% a crash? You aint seen nothing yet John Snow…………..

  • Poor Ass on 28/08/2024 - 12:47
    +2

    Just because you live here doesn't mean you need to invest in the ASX…. should invest where the growth is at

    • gromit on 28/08/2024 - 18:04

      correct though they need to be aware that overseas investment comes with additional currency risk (and potential upside).

      • Poor Ass on 28/08/2024 - 18:20

        Currency risk is small risk

        Look at the US market vs ours… Lacking 400% growth

        Also AUD is considered one of the risky currencies. When there are global crisis it's one of the first to tank. So I don't mind buying e.g US market with USD in Aus domicile

        But one day wish to see Australia thrive like the 2011 2012 where it was strong dollar and mining boom

        • gromit on 28/08/2024 - 18:30

          currency risk exists, even if relatively small and should not be ignored, e.g. I am down 2% on recent US stock purchases even though the stock is up 1%. If AUD continues to strengthen above 70c it will eat all my gains for the year easily.

          • Poor Ass on 28/08/2024 - 20:02

            @gromit: That's why I use Aud to buy US shares on the asx

            Well ETFs

            • gromit on 28/08/2024 - 22:57

              @Poor Ass: That doesn't actually change anything, it just means the currency exchange is happening behind the scenes on your behalf.

              • Poor Ass on 29/08/2024 - 00:10

                @gromit: really not concerned… I don't even hedge

  • PurchaseAnxiety on 28/08/2024 - 13:44
    +3

    VDHG and chill.

    • SBOB on 28/08/2024 - 17:52
      +3

      Or dhhf if you want no bonds and a bit less tax drag

      • dajackal on 31/08/2024 - 09:49

        Or GHHF if you're comfortable with moderate level of gearing

  • souljah on 28/08/2024 - 13:53

    Sure, do your own research though.

    JLG: johns Lyng group. Seems over sold on latest annual report.

    MIN: mineral resources. Also seems over sold for a quality stock.

    LBL: Laserbond. Dropped due to negative outlook on a large acquisition but medium/long-term I think it helps them.

    *Both of the above get lumped in with other cyclical companies but due to their customers but actually have a more stable earnings and workflow.

  • mecusherb on 28/08/2024 - 14:06

    Can I gatecrash this for some tips on which platform to use.

    I bank with NAB but they seem to have a $35 per transaction fee. Currently I am using RAIZ which is great for me to just chuck in bits and pieces as I go.

    Are there are good first 20 transactions free platforms or similar?

    • pilchard on 28/08/2024 - 14:20
      +1

      Selfwealth give you 10 free trades (normally $9.95 each) if you sign up via a referral.

    • SBOB on 28/08/2024 - 17:53

      What size transaction?
      If just buying, CMC Market is free for up to 1k/day per stock/etf

      • mecusherb on 28/08/2024 - 19:48

        Oh that's fine. I was thinking after looking above of getting 10k split across a couple of ETFs mentioned

        So I could just do that over a series of weeks/months.

    • atwilliams on 29/08/2024 - 14:44
      +2

      Have a look at Stake. If you have an existing portfolio you can transfer in, you basically get free trades for a year (upto a monthly limit, which I think is 10). Even after that it's only $3 for trades upto $30K. App is simple, but effective.

  • Aerith-Waifu on 28/08/2024 - 17:25

    FMG LRV

  • Dyl on 28/08/2024 - 19:38

    ETFs

  • liongalahad on 28/08/2024 - 20:00
    +1

    dont do single stocks unless it's you are an expert and/or it's your full time job
    just set-and-forget periodic investment in diversified ETF's and that's it - much easier and almost certainly giving you better growth in the medium-long term

  • amsaini15 on 28/08/2024 - 22:34
    +1

    Many people are recommending VAS/VGS. Aren't they overpriced currently? Would you still buy them now if you have the money?
    Also there are are high commissions on ETFs, is it still worth it? Can anyone give example of the divident yield they are getting from ETFs?

    • movieman on 29/08/2024 - 04:16
      +1

      It's for KISS.

      Keep
      It
      Simple,
      Stupid.

      So 50/50 split, and go loooong term.

    • SBOB on 29/08/2024 - 06:55
      +1

      Many people are recommending VAS/VGS. Aren't they overpriced currently?

      They are index funds, so how can they be "overpriced"?

      Would you still buy them now if you have the money?

      And yes, every week.

      • Poor Ass on 29/08/2024 - 10:13

        just go all in now if you got the money since it's long term no need DCA

        VAS hardly any growth last 10 years but you are in it for the dividends hey

        NDQ and IVV would be a better choice than VGS…. heck IOO would be better top 100 global

        • SBOB on 29/08/2024 - 12:52

          NDQ and IVV would be a better choice than VGS

          "Better" depends on your diversity or market split requirements, buying source, timeline, level of risk etc etc etc
          VGS isn't aimed at competing directly with us market tracking only ETF.

          • Poor Ass on 29/08/2024 - 13:11

            @SBOB: ya I know just giving ya suggestions

        • atwilliams on 29/08/2024 - 14:38

          VAS was $65.58 on 1st January 2014. Today it's precisely $100.

          That's a ~53% return in 10 years, BEFORE we take into account the dividends, which are typically another 4-5%pa.

          • Poor Ass on 29/08/2024 - 15:05

            @atwilliams: if you think that's impressive you should see any of ones I mentioned

            I'm not saying VAS is bad it's decent… I'm just saying most people invest in where they live as they feel more comfortable but really they don't have to

            • atwilliams on 29/08/2024 - 15:07

              @Poor Ass: I am not saying it's impressive - just responding to your "hardly any growth" point.

              Yes, NDQ and IVV are very different risk profile ETF's to VAS, so you would expect better returns from them.

              • Poor Ass on 29/08/2024 - 15:09
                +1

                @atwilliams: I guess what's impressive is perspective hey

                It's like those antibargainers that think we're nuts because they don't take savings seriously

                but yeah 10years I except close to 100% rather than 50% dividends aside

        • amsaini15 on 29/08/2024 - 21:32

          VAS divident yield as of today is 3.66%, and VGS is 3.60%. These numbers sound too good. Is that what people are raving about divident for these ETFs? I don't know what am I missing.

          • Poor Ass on 29/08/2024 - 21:38

            @amsaini15: 3.XX% pretty weak

            • SBOB on 29/08/2024 - 21:55

              @Poor Ass:

              3.XX% pretty weak

              you above recommended IVV, which has a 1.xx% dividend yield.

              dividend (including or excluding franking credits), growth, risk profile are all things you'd consider when considering or 'assessing' a market tracking etfs 'worth'

              or just 100% into QQQ and YOLO

              • Poor Ass on 29/08/2024 - 22:07

                @SBOB: I guess I'm not interested in income just interested in growth

          • SBOB on 29/08/2024 - 21:52

            @amsaini15:

            VAS divident yield as of today is 3.66%,

            you're disregarding franking credits

    • sillyhead on 30/08/2024 - 11:44

      Also consider VTS for the lower management fee over VGS.

  • Hangryuman on 29/08/2024 - 11:26

    'I have quite a few ETFS'

    if you have a lot of different ETFs, enjoy tracking the AMIT changes in your annual income tax returns … I'm not :-(

    • Poor Ass on 29/08/2024 - 13:13

      there's no way you can track with tax return you'll need a spreadsheet and generally just need to adjust the cost base up or down

      ya it's a bit of bs but works

      worse thing is when they increase your cost base and then give you the same amount in dividends

  • Cluster on 29/08/2024 - 13:41
    +1

    Bluestar Airlines and Anacott Steel

    • nekro on 30/08/2024 - 12:19

      And teldar paper

  • sampat1 on 29/08/2024 - 14:11

    $ZVRA

  • atwilliams on 29/08/2024 - 14:20

    Couple of points:

    1) I am not increasing my exposure (investing new funds) in shares until we know that the USA economy has not in recession (given the impact the USA has on global and AU markets). If it is, this is not yet priced into the market and prices will fall. I usually dollar cost average, but have suspended that at least until after the USA election.

    Only hindsight we tell us for sure, but we are likely very late in the current bull cycle, so everything is looking expensive at this point, or those things that "look cheap" have issues.

    2) Unless you have the appropriate time, discipline and analysis skills, stock picking is not a winning investment strategy for most, so I would advise against looking to find "the next big thing" and instead keep investing in a small number (less than 5) ETF's that give you exposure to markets and/or themes which you are comfortable with (from a risk perspective).

    Sounds like you have ETF's already, so what's driving you to think you need to do something different?

    • Poor Ass on 29/08/2024 - 15:07
      +1

      greed

    • souljah on 31/08/2024 - 09:04
      +1

      Will be interesting to see the impact of US rate cut in September i.e. how much has already been baked into the market. If they go 0.25 or 0.50 cut.

      Feels like US has been over priced for years and keeps getting more expensive. Think forward looking p/E is around 23 now. Aus closing in on 19 driven by mostly banks. CBA might be the most overpriced stock in the world!

      UK looks interesting with p/E been stuck down around 12's after 5 years of brexot, COVID, wars nearby etc. might be a chance of decent growth there or rebalancing if US finally starts coming back.

      I haven't been buying last few months, trimming a few positions here and US but more because house hunting in next 6-12m so need to protect against downside.

      Over here - most miners look oversold. Now through first thalf 2025 would be good time to pick some things up cheap as long as you have a 3+yr horizon and preferably 5+yrs to be safe.

      • atwilliams on 31/08/2024 - 11:45

        Bull runs never last forever and cycles have been a thing since trading started,

        Whilst you can never tell exactly the direction the market is heading, there are always signs. I too have been taking profits and taking a more defensive position overall.

  • kobeduck on 29/08/2024 - 15:07

    long call SMCI :O

  • SupeNintendoChalmers on 29/08/2024 - 15:41

    Nickel. It's near the bottom, and will probably fall more as more supply opens up.

    You may be wondering, if supply is opening up, why would you purchase it? Nickel will get cheaper by a small margin, but not by much, and inevitably less profitable Nickel operations will close down, thus the price will surge up again.

    • flywire on 30/08/2024 - 10:26

      Seems you don't understand the change in processing technology makes most traditional nickel mines unprofitable.

  • MrThing on 29/08/2024 - 17:05

    Kogan and Dogecoin all day. to the moon

    • Poor Ass on 29/08/2024 - 22:08

      Diamond hands

  • cannedhams on 29/08/2024 - 18:01

    I have no issues with investing in funds with proper fund managers and a proper strategic outlook, but I'm not a huge fan of zombie ETFs that just track the market. Ultimately you're paying fees for not very much, and probability wise, its no better than throwing darts at a dartboard.

    I tend to favour gold as a hedge. I'm a traditionalist in that regard. I realise that this is to some extent subjective. The polynesians used shells as currency, a lot of people think crypto is the hedge to beat all hedges. I guess we'll just see.

    I do dabble in small and micro caps, mainly in areas where I have a bit of knowledge. You should never bet the farm on those. There's a fair bit of alpha out there with small caps that get smashed because of external risks rather than any real problem with how the business is run. Markets tend to over-react to that sort of thing.

    I cant say I'm especially keen on either govt or corporate bonds, although I readily admit not being across them in very much detail. I'm quite circumspect on the long term fiscal position on a lot of these economies.

    I think there's probably more alpha on the Chinese stock market than in Western stocks. Even after the correction a lot of these US stocks are trading at multiples that we would have considered insane in years gone by. The US is travelling better than most but is still largely post-growth and gets a fair bit of juice out of printing the world's reserve currency. I rode the hype train on the tech stocks but made sure I got the hell out during the recent wobbles.

    A lot of downside risks are shaping up - global warming, sovereign debt levels, anaemic growth, overvalued property, ageing populations, multilateral world order and the prospect of major conflicts. I still don't think risks have been adequately priced in.

  • dontboopthesnoot on 29/08/2024 - 18:24

    Superannuation

    • atwilliams on 29/08/2024 - 21:16

      Superannuation is a special purpose vessel for carrying investments, not an investment in it’s own right. It’s impossible to say whether investing via super is appropriate for the OP, as there is too much context missing

  • plmko on 29/08/2024 - 18:26
    +1

    Most people who recommend ETFs are simply uneducated and will see that fall on their face one day. Low reward for actually high systematic risk. Read into what they really are.

    Diversification is also not what you think. With ETFs you are over diversified and lose traction from fees. For instance there is zero need to buy several tech companies/banks, they will all go up if one goes up due to managed funds/ETFs buying in to rebalance portfolios. Take advantage of that knowledge so you may as well get all your gains from a single or few large stocks.

    And most importantly, you hard own them on paper, you do not with ETF. A lot of people are going to get rekt with anything US based if we get a black swan event.

    • Trying2SaveABuck on 30/08/2024 - 19:20
      +1

      Im not against owning individual stock but what you posted here is just wrong

      ETFs are fairly low risk as historically the index always trends up long term unlike individual stocks which can 100 bag or go to zero

      As for fees….I mean A200 has like 0.04% most people spend more on brokeage when buying that on individual stocks then that…

      Im pretty sure IVV is also like super low as well

      To buy individual stocks you need to spend a hell of a lot of time reseaching or have professional financial advice - you're gambling any other way….

  • flywire on 30/08/2024 - 10:27
    +1

    you may as well get all your gains from a single or few large stocks.

    Let us know how that works out for you.

  • Trying2SaveABuck on 30/08/2024 - 19:12
    -1

    I do invest in individual stocks on the ASX

    Internationally i got IVV and QHAL

    But this post is why you prob should stick with ETFs
    https://old.reddit.com/r/wallstreetbets/comments/1ehjuzj/i_b…

    • Grok on 31/08/2024 - 10:34

      Stock investing in the USA is totally different than Australia so is largely irrelevant.

      Dividend Imputation has changed everything here. Most of the companies go out of their way to pay high fully franked dividends.

      In the USA you have to go for growth, the dividends there are a joke. The market there is extremely volatile for individual stocks and there is a lot of stock manipulation, speculation and disinformation.

      In Australia you could literally have bought any stocks on the ASX10 to even the ASX20 at any time in the last 20 years and still do better than bank interest over a ten year period and do it tax effectively with imputation credits.

      Nothing wrong with low fee share funds or ETFs either.

      I don’t recommend keeping surplus money in cash or property. Cash holdings go backwards after inflation and give you a high tax liability. Property investing is literally a joke in Australia. Extremely high taxes and costs to buy, hold, sell, maintain and increasingly you are losing control of your investment to woke regulation, legislation and political interference. It is also a huge time waster with constant issues to resolve often personally.

      • Trying2SaveABuck on 31/08/2024 - 11:22

        In the USA you have to go for growth, the dividends there are a joke. The market there is extremely volatile for individual stocks and there is a lot of stock manipulation, speculation and disinformation.

        this is true but it is essentially 7-8 companies that have 'grown' and given the bulk of the S&P500 returns - NVIDA, Microsoft etc

        the US market is better then the Australian market because they have a 'much larger' tech sector and tech is the sector that generally has very low ongoing capX costs with very high margins

        Between Banks and Miners you essentially have 70% of the ASX - Banks are low margin and Miners have very high CapX costs and are aslave to the wider market commodity prices - neither of these sectors are 'good for growth' but are well place for dividend investors

        The fother advantage is the US market has FAR more options for investors both instutional and retail - it is far easier and more common to trade options, use leverage, short the market, take on marginal loans etc in the US then in Australia

        Part of the lack of liquidity in our market is the ASX (the company that runs the market) are useless and 20 years behind in technology and giving investors/traders ways to access the market.

        • Grok on 31/08/2024 - 12:47

          One difference between share investing the USA and Australia for the non highly sophisticated investor at least is that in Australia you can buy the regular basket of income stocks and then forget about them.

          You will most likely earn better than bank interest passive income, often without even including imputation credits. Medium term say 5-10 years you will very likely have gained significant capital growth as well.

          In the USA you will earn minimal or no income so you will have to trade if you want “passive” income. This is veering into high sophistication. Unless you stick to the very very big stocks you run the risk of actually losing a big chunk of capital as a bonus.

          The amount of anecdotal stories I read from people from the USA about losing money on the sharemarket is phenomenal.

  • arescarti42 on 31/08/2024 - 09:56
    +1

    Do you want to invest, or have fun gambling?

    If the first, pick a broad market diversified ETF and forget about it.

    If the second, then head over to r/wallstreetbets and get cracking.

    But don't confusing stock picking for investing, because it is not.

  • 852 Neon Nights on 31/08/2024 - 11:04

    Nvidia

  • mshanann on 08/09/2024 - 10:32

    If you feel like gambling, short nvidia, short tesla, and long position on intel.

  • mshanann on 08/09/2024 - 10:34

    …. this is my what-if post back from 2014 asking whether I should invest in Amazon, Salesforce and Workday - https://forums.whirlpool.net.au/thread/3n8x78k3

  • mreddie on 07/10/2024 - 13:37

    Wouldn't a high interest rate savings account outperform ETF's over 12-24 months? I know a generalised comment but curious.

    • Daniel Plainview on 07/10/2024 - 13:58

      In the following 12-24mths or historically?

      If the former, nobody can see the future - if the latter, go search for different assets classes vs cash for historical returns.

  • knowwhat on 10/10/2024 - 22:19

    Start by investing in the A200 and consider contributing a set amount each month or every couple of months. This approach will allow you to learn more about investing and develop insights into stock selection over time. Once you have a better understanding, you can begin to explore individual stock picking after about a year.

    As Warren Buffett famously stated, no stock is inherently cheap or expensive if you are willing to own it at a given price, regardless of market fluctuations, which are beyond your control.

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