May Folio Update – Week 4
End of month wrap up The market in in a sideways, albeit recovery like phase, as the panic and volatility subsides. We have a handful of new cases of the virus and most states except VIC and NSW are not reporting new cases.
5 strategies that doubled our money in 2 months on the ASX share market in the COVID-19 crash
$45k now worth over $100k Fahd and I put a big chunk of our savings, about $45,000 AUD, into the share market in March and April. Today it’s doubled and is still growing! I share what we did and exactly how the last 2 and half months unfolded. The ongoing…
How & where do I start buying shares in Australia on the ASX sharemarket?
To buy shares, you need to use an online broker. Most banks have an online broker product. We compare the most used products and list some information about each of them below. SelfWealth ✅ #2 cheapest fee per trade at $9.50 ✅ 1-2 day wait for transfers into…
The secret to buying at the bottom
Let’s compare two scenarios from recent research, done over the same timeline that demonstrates the real secret behind getting as close to possible in buying at the bottom and in effect, timing the market. The results from the outcomes of both scenarios are quite interesting.
Why we don’t depend on Charts & Indicators
Let’s talk about TA. Technical Analysis, the world of pretty charts, graphs, and indicators. I break down why we don’t depend on them, and where they’re actually relevant. Our journey into investment started as people who did a lot of technical analysis while buying stocks. I used to develop strategies…
April Folio Update – Week 4
End of month wrap up We share our analysis of what the market has done and will do next. Both of us also list every stock we purchased at the end of April and why.
3 habits that cost me until I changed them
I started investing seriously when I was 21. Even though I had some success, I kept making the same costly mistakes. Forced to reflect This made me reflect and come to a bitter conclusion that the success I experienced wasn’t mine to in the first place. It was because I…
3 steps to start investing
This is a topic that I wish was taught in schools, primary schools even. Like a lot of things, the earlier you start investing the better. I strongly suggest researching the benefits of compounding interest. This is where your money grows exponentially over time, due to time the money spends…
Why saving money actually costs you over time
Saving money costs you? How is that even possible you ask? Read on with an open mind to find out. Saving money is important, but there is a difference between an emergency fund and saving money because we fear losing it. Two rules someone who knew a little about investing…