Anyone got any good ASX share tips? I figure the collective wisdom of seabreeze.com should be able to beat the market. (Even if you just want to push up the price of your dud stock.)

Thanks.

ETF ASX:USD

sausage said..

NEU....but remember DYOR

DYOR has always worked for me. Buy at the bottom and sell at the top.

When Gold hits $1200 I'm going to get back in and by some miners.

Harrow said..
Anyone got any good ASX share tips? I figure the collective wisdom of seabreeze.com should be able to beat the market. (Even if you just want to push up the price of your dud stock.)

Thanks.

You want a half good return, Blue chips are way to go. Gambling with small stuff unless you want to take apunt,wont cut it with taking a chance. Some people are good at reading the also rans, but if you want some long term invest,go big miners or banks and such, been around for a while.
Yes they go up and down, but you have to stay for the long haul. Ones that re-invest the dividend are better I have found, as the portfolio increase steadily.
Watch the market, if share slides, don???t do anything until you see it hit the bounce point, that???s when it will bounce but not all the way back, drop a little then bounce a little. Experience be it so little my behalf, shows the actual price/value in real terms of a share in blue chip to be mid way in the bounce graph. Buy more at bottom with spare coin, if you think the market is OK, and not headed for a crash. Watch USA, right now, some big boys are bailing like sh1t.

boofta said..
Agree with all that , except, don't reinvest dividends, doing the tax becomes a long term nightmare

as each tranch of dividends needs capital gains or losses calculated. Its not worth the headache. Just

take the dividends and reinvest in the same stock or something else yourself. The dividend reinvestment

becomes an accounting monster when you sell, each share bought has to be reconciled when sold.

what about if its fully franked same rules apply or not?

Fully franked or not makes no difference , when you sell them the capital gain/loss has to be calculated from
the buy price of each share purchased or whatever the reinvested share was priced at when given as a dividend.
So your portfolio grows by so many shares with each dividend, but when you sell, the price has to be adjusted
for every share given as a dividend. That means every block of dividend shares becomes a separate capital gain issue,
an accountants dream, an investors bookkeeping nightmare.

obsolete stuff... oh wait .... share tip , sorry thought you said shear tip.... my bad.