Any fellow ausanons here? Shill me your best asx stocks lads

Any fellow ausanons here? Shill me your best asx stocks lads

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Unironically Telstra. Literally stealing at these prices. Get in before 5G

Large cap: BOQ TLS RIO CBA
Mid cap: TGR APT
Small Cap: AS1 BID IP1 CCE SFG

PLS and/or KDR

Best Li stocks on the ASX, get on and laugh in 3-6 months from now.

Insulated from housing downturn, helped by a weak $AUD - Can't go wrong.

>telstra
>the most over priced provider which can't handle competition and whose services are nearly obsolete (foxtel vs netflix/ streaming, adsl wiring)

Bad idea dude. Know people working for telecommunications omb. All complaints are from telstra and how they handle customer complaints and off shoring work. They were only a good buy when they rented the copper wiring. Nbn is and will ruin them when the speeds are settled (2019)

FGR

I didn't know my dad went on Jow Forums

TPG will be rolling out mobile services running off their new optic fiber network. Networks they were paid to build and are paid to maintain.
Telstra wont be able to compete.

a2m
lpd

You bastard. Was looking at Pilbara and you've pushed me over the edge. Cheers

TPG is a solid price atm

Beware the sector is in a bit of a downturn currently, probably wouldn't hurt to wait a week or so.

I've got PLS at a 64c average and might try to pick some up around 80c but anything under $1 is a steal if you're holding for the long term imo.

Teoh has done well and Telstra is a dinosaur imo, but what is your take on telecommunications as a sector? Low margins and high competition always stood out to me.

Any RMX/MLS/IAM bagholders left?

Long term predictions ?

$1000 eoy

I will discuss PLS as imo they have the best asset and management out of all the Lithium stocks on the ASX however all the miners will largely ride and fall together as sector wide drivers affect all.

I am quite confident PLS will be within the range of $1.20-$1.80 by EOY, in the next month or so as the market awaits progress and first shipments I predict a lot of volatility as traders wreak havoc. I am averaging down if it gets

Poorfag here.

How do you even get into buying stocks? ive got a little tucked into crypto, but thats obviously just a gamble, and i'd like to try the traditional method of investing

Look on your bank's website.

Create an account with commsec or nabtrade. From memory nabtrade is cheaper to trade with but commbank has a better interface.

You will pay around $15-20 in brokerage fees per trade and the usual parcel of shares to buy is minimum $500.

If you can handle crypto platforms then you will find traditional share exchanges are a breeze

Also read 'the intelligent investor' by Graham before you waste too much money.

Just because a company is a good company doesn't mean you are smart to buy their shares. You still have to look for shares that are not overpriced

The ASX Sharemarket game just opened, I would highly recommend you play around with you (It's free) before diving in to anything.

Cheers for the help lads.
Didn't think there would be such a large buy in ($500 you mentioned). As i said, poorfag. So i guess ill have to keep up the wage slaving until I've got a decent bit of capital.

Again, Cheers for all the beaut info

At $500 you're paying something like 4% for each trade, imo it's not worth it for very small investments.

At the moment all of my shares are in IVV and VAS (plus a little bit left over from the WFD demerger that I haven't sold yet).

Am I retarded for relying so heavily on ETFs? They're doing fantastically at the moment, but I can't see that lasting forever.

Commsec just dropped their buy in to $10, from $20

I just sold my VAS. I'm not a smart man but it just felt like it was riding so high for so long. Made a tidy profit.

VTS

Trump will make you rich.

For trades less than $1000 only, then $20 for trades up to $10k

My problem is that if I sell, where will it go? Leave it in cash? Put it away in a fixed term bank account for a year?

Unless you have some better investment to put it into, literally no reason to sell it.

Nothing because the asx is a giant con.
There is nothing of intrinsic value on the ASX.
NOTHING

>nothing of intrinsic value

Yes, Australia's economy is in the shitter and don't let the asx convince you otherwise.
It should be half its value.

I can see how you'd say a lot of the growth stocks are overpriced

but FMG, WHC - lot of those miners? they trade very reasonably and arent dependent on the Australian economy, a lower AUD actually helps them