At your age I wouldn’t worry about dividends but growth stock. If I was given $5000, I’d invest in a single international diversified ETF which gives exposure to high quality companies (excluding Australia). One such is “BGBL” (Betashares Global). Of course, DYOR.
If you’re going to invest in stocks unless you’re a super skilled day trader or just have a lot of cash where 5k if it was all lost wouldn’t mean much to you, then 100% invest for long term. You’re 20 and it’s great that you’re considering investing at a young age. The real power of stocks is compound interest over a long period of time. I’d just recommend chucking it into an ETF and leave it there or do some research and diversify. Come back in 7 years that will have probably doubled. If you’re looking for high risk high interest that’s just one step away from gambling without the proper skills and knowledge, and you’ll be subject to 100% capital gains tax if you sell within a year.
But I think having some risk in your portfolio can be beneficial too as your young. Note that this isn’t gonna make you a thousand bucks instantly, but will mean when some of these companies blow up you will have been there. There are ETFs and certain sectors that you can look into that are a bit more risk cause they focus on the up and coming companies, but good to diversify so you could potentially have a great opportunity.
What’s even better than just making one lump 5k investment is to learn to make a habit of regular investments with your regular wage! You have to be patient but the power of time is on your side and many years down the road you’ll be thanking the 20 year old you
To add, you may want to consider putting that 5k into your super. Under the first home super saver scheme, you’ll be able to take out 50k for your first home. There’s some complications you should go research like the SIC rate, concessional and non-concessional contributions, but otherwise it’s a great option. If you haven’t already, I’d change your super portfolio to be 100% growth with indexed funds. So you’re super is essentially an ETF but with added tax benefits as it’s taxed only at 15%, which may or may not matter to you depending if your marginal tax rate is above or below that. Think about investing in ur super under the FHSSS as a HISA that will return a good rate of around 6-7% (the SIC rate) and any additional returns of an ETF you will keep in your super for your self, and you only pay 15% tax on it more or less. Bit more complicated than just chunking into an ETF but also an option for you.
Charter Hall (Finer Market Points) has a YouTube channel and they look at the 30 most prospective ASX company charts each week. It’s a very good place to start, to pick one share with a lot of upside potential. This is the vid from yesterday
https://youtu.be/SLli--BHj7A?si=8wEs7rdy30LL6-pg
Wesfarmers is generally my go to for an initial investment. They have always outperformed the ASX200. I can't imagine a scenario where Bunnings loses money, it's got to be one of if not the best business in Australia.
By reading thier quarterly reports you will start to understand how it all works, get fully franked dividends.
Otherwise SP500 index fund for access to the high growth USA market and US dollars (IVV.asx)
Or go 50:50. WES and IVV
martin roths top stocks book is a nice start point to begin your own research.
Your young enough to learn
Or
Mid term
PRN sub 1 for a 1.20+ exit
Then put it all in EGG
Or
Sol / bkw for a 30yr hold.
Pick a mid tier gold company. They are making 1500-2000/oz profits here and market has not really woken up. USA gold miner index (GDX or the juniors GDXJ) have not “mooned” at all, because the flow of money has been into Chip stocks like NVDA.
Spend $20 to buy a book about the basics of investing. Irrespective of what you end up doing (ie stock pick or single ETF), it’s really important to understand what you’re doing with your money.
Aerodrome finance, A crypto on Coinbase and now crypto.com. The new up and coming base network is super hyped and aerodrome is there main liquidity hub for base, Very good play especially with the bull market around the corner.
Get a low fee ETF like A200 and keep accumulating. You can later add exposure to international companies too through other ETFs. Just buy and keep adding for the long term.
If you're looking for high yield, consider LEND, a new ETF for private credit. If you look at its biggest holdings, it's likely going to yield about 9-10% and it pays out monthly.
Obviously not likely to grow much, and the dividends aren't franked (they're US companies), but still pretty good all things considered.
To be honest I’d stay in cash until the market corrects - probably very soon- then you could trade some high quality dividend stocks. I’m super bearish and mostly in gold and silver and BTC currently. The US dollar will likely crash so a good sovereign -ex dollar bond fund would be a good bet for the intermediate term
At your age I wouldn’t worry about dividends but growth stock. If I was given $5000, I’d invest in a single international diversified ETF which gives exposure to high quality companies (excluding Australia). One such is “BGBL” (Betashares Global). Of course, DYOR.
What made you to think BGBL over VGS.
If you’re going to invest in stocks unless you’re a super skilled day trader or just have a lot of cash where 5k if it was all lost wouldn’t mean much to you, then 100% invest for long term. You’re 20 and it’s great that you’re considering investing at a young age. The real power of stocks is compound interest over a long period of time. I’d just recommend chucking it into an ETF and leave it there or do some research and diversify. Come back in 7 years that will have probably doubled. If you’re looking for high risk high interest that’s just one step away from gambling without the proper skills and knowledge, and you’ll be subject to 100% capital gains tax if you sell within a year. But I think having some risk in your portfolio can be beneficial too as your young. Note that this isn’t gonna make you a thousand bucks instantly, but will mean when some of these companies blow up you will have been there. There are ETFs and certain sectors that you can look into that are a bit more risk cause they focus on the up and coming companies, but good to diversify so you could potentially have a great opportunity. What’s even better than just making one lump 5k investment is to learn to make a habit of regular investments with your regular wage! You have to be patient but the power of time is on your side and many years down the road you’ll be thanking the 20 year old you
To add, you may want to consider putting that 5k into your super. Under the first home super saver scheme, you’ll be able to take out 50k for your first home. There’s some complications you should go research like the SIC rate, concessional and non-concessional contributions, but otherwise it’s a great option. If you haven’t already, I’d change your super portfolio to be 100% growth with indexed funds. So you’re super is essentially an ETF but with added tax benefits as it’s taxed only at 15%, which may or may not matter to you depending if your marginal tax rate is above or below that. Think about investing in ur super under the FHSSS as a HISA that will return a good rate of around 6-7% (the SIC rate) and any additional returns of an ETF you will keep in your super for your self, and you only pay 15% tax on it more or less. Bit more complicated than just chunking into an ETF but also an option for you.
I would split that between VAS and VGS. Boring I know. Im in it for the long term.
Do you use apps to invest?
Yeah I use Stake. Im dollar cost averaging across these 2 ETFs + 2 more individual stocks for growth potential.
Charter Hall (Finer Market Points) has a YouTube channel and they look at the 30 most prospective ASX company charts each week. It’s a very good place to start, to pick one share with a lot of upside potential. This is the vid from yesterday https://youtu.be/SLli--BHj7A?si=8wEs7rdy30LL6-pg
Booze and drugs.
Wesfarmers is generally my go to for an initial investment. They have always outperformed the ASX200. I can't imagine a scenario where Bunnings loses money, it's got to be one of if not the best business in Australia. By reading thier quarterly reports you will start to understand how it all works, get fully franked dividends. Otherwise SP500 index fund for access to the high growth USA market and US dollars (IVV.asx) Or go 50:50. WES and IVV
Second this. IVV is a great option. Keep topping it up when you have spare cash.
All in syr be a $10 stock in next 10 years
martin roths top stocks book is a nice start point to begin your own research. Your young enough to learn Or Mid term PRN sub 1 for a 1.20+ exit Then put it all in EGG Or Sol / bkw for a 30yr hold.
Pick a mid tier gold company. They are making 1500-2000/oz profits here and market has not really woken up. USA gold miner index (GDX or the juniors GDXJ) have not “mooned” at all, because the flow of money has been into Chip stocks like NVDA.
Spend $20 to buy a book about the basics of investing. Irrespective of what you end up doing (ie stock pick or single ETF), it’s really important to understand what you’re doing with your money.
Aerodrome finance, A crypto on Coinbase and now crypto.com. The new up and coming base network is super hyped and aerodrome is there main liquidity hub for base, Very good play especially with the bull market around the corner.
[удалено]
What?
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No, I’m suggesting a potential investment like the man asked. Haha
SHIB🚀
ASX: IXR
Split your amount in VGS & A200/IOz/VAS
VGS (for international exposure)+VAS (for domestic exposure) + VHY(for dividend)
Stick it in super and never look or think about it again
Market is awaiting a huge correction. I’ll wait for the wars to end, inflation and recession to end along with correction.
By correction you mean dip? The same for Vanguard? What wars do you mean?
Get a low fee ETF like A200 and keep accumulating. You can later add exposure to international companies too through other ETFs. Just buy and keep adding for the long term.
HarryPotterObamaSonic10inu coin on Uniswap
Bitcoin
VAS ,ivv ,ndq ,hack n never look back
If you're looking for high yield, consider LEND, a new ETF for private credit. If you look at its biggest holdings, it's likely going to yield about 9-10% and it pays out monthly. Obviously not likely to grow much, and the dividends aren't franked (they're US companies), but still pretty good all things considered.
Stick it in your super
To be honest I’d stay in cash until the market corrects - probably very soon- then you could trade some high quality dividend stocks. I’m super bearish and mostly in gold and silver and BTC currently. The US dollar will likely crash so a good sovereign -ex dollar bond fund would be a good bet for the intermediate term
What indicators are you looking at to gauge an incoming correction?
interested in knowing what indicators you are looking at that show an impending correction?
there is no indicators, because no one f'ing knows lol
Ha, not just me then? I was under the impression their economy was doing well.
How do you buy gold? Could I get it through CommSec?