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Re: [sharechat] Teen investment stategy


From: richard hermans <r.m.hermans@xtra.co.nz>
Date: Thu, 10 Feb 2000 11:00:04 +1300


cott I use access on line & find it excellent for trading & stockwatch
for up to the minute quotes no charges just sign on . ETRade good  value
for doing oz/us trades also unlimited trades for $39.00 oz based; good
luck you sound as tho you are really on to it its great to hear .Margie 

hugh webber wrote:
> 
> Scott,
> try getting connected to ACCESS Web Broker at just $29.50 per
> trade regardless of size of trade. They used to ask for a deposit of
> $1,000 into their client designated BNZ A/c but they just ask for a
> deposit now I believe. They don't give advice/research but they're
> probably one of the cheapest around. Sorry I can't help with the other
> stuff
> - I'm just a long term value investor.
> Good luck,
> Hugh
> 
> ----------
> > From: KIBOK@xtra.co.nz
> > To: sharechat@sharechat.co.nz
> > Subject: [sharechat] Teen investment stategy
> > Date: Tuesday, 1 January 1980 1:06
> >
> > Hi
> >
> > I am one of the silent majority - referred to in recent postings. I've
> > broken that silence to ask for some advice. I'm 18 years old and about
> > to head down to Victoria Uni. I've been fascinated by the sharemarket
> > for ages and have invested all my earnings from part-time jobs - I now
> > hold AIA, IFT, MIDNZ, GPG and recently added CAH and finally AQL as well
> > as 2 holdings in a South African Finance Company and a South African
> > retailer - (Very good returns in current political environment for those
> > of you who didn't know, especially with currency considerations). I
> > obviously don't have piles of cash to throw around and my whole
> > portfolio is worth just under $20000 (much more if AQL does it's thing
> > !!!)
> >
> > I have spent the recent school holidays putting together a plan that
> > will get me through Uni but also provide me with about $15000 per annum
> > to invest. I'm telling you all this because I want some advice.
> >
> > I would really like to get into more short term positions, making a few
> > more technically based purchases while maintaining and adding to my
> > "value analysis" portfolio. I would also like to get some experience in
> > day trading and foreign exchange futures and options. But I need to do
> > all of this on a very tight budget. Can someone give me some ideas on
> > how to get started - software, minimum investments, good books etc. In
> > the past I've mainly used Craig & Co and a South African Brokerage firm
> > both of which I now realise are not economical for my small trades and
> > tend to treat me like a dumb kid - so any ideas on good brokers.
> >
> > Any help you can give me would be great, I have found this forum really
> > interesting and value the opinions expressed in each posting. Thanks.
> >
> > Oh, and does anyone in Wellington need a part-time assistant or
> > something (may even work for free to learn) - Hey it's worth a try !!!
> > I'm studying Law and Electronic Commerce (info that may help you place
> > me within your organisation - hahaha)
> >
> > Thanks all
> > Scott Riddle
> >
> >
> >
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> 
> > http://www.sharechat.co.nz/          New Zealand's home for market
> investors
> > To remove yourself from this list, please us the form at
> > http://www.sharechat.co.nz/forum.html.
> 
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> To remove yourself from this list, please us the form at
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