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What are the best ones to purchase in your opinion? Have you had any success? Have you had any failures?


Posted anonymously, 29th December 2020


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  • Reading up on this information to determine your best fit is probably the best option. We have AFIC which consists of different companies (the largest ones in Australia) but we are also not concerned about the share price as it is a long term investment, and reinvest the dividends. It works for us.


  • Shares go up, shares go down, so don’t limit yourself to one company. Buy an Index Fund, which is basically a share that reflects the whole Australian share market. So you are not as exposed if one company’s value goes down, as you are really buying into hundreds of stocks.

    Warren Buffett, one of the best investors of all time, bet that investing in Index Funds would beat the profits made by the portfolios put together by the best stockbrokers over a 10 year period AND cost far less in fees to do so. He won the bet. That’s good enough for me, I have been buying Index Funds ever since.


  • I don’t have shares but if I were going to buy some I’d stick to supermarkets and banks.


  • We use a managed fund which is great when you don’t have time to study the market. Just research the fees and their successes before you sign up to anything.


  • Wesfarmers have always been good for us.


  • We are starting down this journey soon. Really great question. Definitely read barefoot and make sure to invest money that you can live without for the long term. If you’re not savvy, definitely seek advice.


  • Financial advice is often a good idea because investing in shares can depend on individual factors too.


  • What’s best depends so much on so many different factors, that I really think you should talk to a financial advisor rather than take advice from laypeople like me.


  • We have a few Insurance Australia Group Ltd (NRMA), Woolworths Ltd, Wesfarmers Limited (Coles) and BT Australia, they go up and down but we are in it for the long haul!


  • I have started with ETF shares. I read about them for months before signing up with Commbanks platform. Super easy to use and am getting a decent return for a newbie.
    Once I get a bit more confidence I will seek further advice :)


  • I am slowly building a bit of a portfolio- the barefoot investor books are great and have some suggestions- I’d give one of them a read


  • I don’t. I’m just not savvy enough to know how to go about the stock market


  • Maybe consult a financial adviser. Stuff like that can be tricky and sometimes confusing


  • Sites dedicated to finance and shares might be worthwhile checking out?


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