I bought and tried DCA for this particular company….. Look at it now… Had I kept on with DCA, the opportunities to profit from other company’s stock would have caused silent regrets…. So, advise from an amateur is there are thousands of stocks ping ponging every day/week/month. Learn the fundamentals, technicals (it’ll take only a few weeks), follow reliable Moomoo members and don’t be sentimental. I hope to own BHP stocks in the future.
151825295 : Learn fundamentals, technicals etc Yea right, your sour you sold out at loss and now coming round here spreading FUD. Did those those and fundamentals lead you to loss? Also your saying what I say is unfounded when you say nothing to back up as to why BHP bad buy... Seems a bit suss.. how much are you in short spot now? No retail holder comes and talks rubbish either unless they are bitter OR a shorter pos either about to lose gain or want tok leech more. so which is it?
If bitter, don't come here trying to spread FUD just cause you goofed and such a pos move. There is nothing wrong with BHP. It's currently being assaulted by Insto manipulation (see large moving buy walls and FUD garbage). If you had more patience and not DCA in small increments then would be fine. Happened to me with WDS. Saw it was layered and now regained ro where I could profit. Technicals are bullshit overall. Look at indicators here, mostly been bullish yet price is here. Better is looking at where the instos put layer walls and go from there.
If you are a shorter, then you deserve to get wrecked for being a leeching pos. Shorts need to be banned. Market would be far better off. Seems you might be one as your post us sudden after a gain.
151825295 : Can't believe 4 people like this bs post either, see a chart and think ohh no this poster knows what talking about. Do better people see through the lines.
TWIMO (151403908) OP 151825295 :
SnowVested 151825295 : users react and say 'ok' or some BS to boost their user badge thingy...
it's indeed annoying AF especially if your actually looking for info.
SnowVested : you brought much lower then me. Im waiting for it to go above 50 again.
I only got 15 of these for the franked div investment.
and since has not really reached 45/share.
and I'm looking to keep my profits so I have to hold for a year at least b4 a sell
TWIMO (151403908) OP SnowVested : As a matter of fact I bought BHP for the dividends. I was taught to purchase high dividend yielding stocks and not look at it. When I decided that I needed to look at my stock holdings more often, I realised that it isn’t beneficial to keep stocks under water while savings are paying up to 5%. I also started following a few on youtube to understand market momentum.
I have been wrong to buy and not look. One way to benefit from dividend income (some don’t recommend it) is to buy the share before the Record Date/Ex-Date then exit it as the price supposedly will drop by the equivalent of payout .
Others advise not to buy a stock as it is falling (and be left holding the bag and have to wait for the price to slowly rise again or continue to fall). Wait until it shows upward trend through a few technical indicators.
I exited BHP for that reason. Also the commodity price that it is mining isn’t rising. Anyway, I still like BHP and may buy nearer to dividend announcements in the future.
SnowVested TWIMO (151403908) OP : that sums up the au dividend BS i found to.
but honestly, the div pay outs in USA are 4x a year... meaning you get better income from your purchase then the ASX.. then you convert it to AU for div or after selling the stocks at a higher price.
I got 1 AVGO.us hit hard on 3K+ purchase but it was for the impending split. it's still paying round 6$US every quarter.
I rather gather us stocks on passive income, then the ASX 100% franked sadly.
and yer.. I heard whisper on here to buy and sell over the record and payments.
I have noted that some some stock drop often after a financial report... but others just make no sense in why it's up, like JBH.au bar spending around sales, and the fact that they have a decent range of home essentials.
were as Westfarmers that pick up more and expand still at a steady price.
indeed, if it makes you happy look at your choices, it's market demand currently and if it's viable to continue into the future (like apple, dead by 2000, now. who knew)
and follow what your learning. if it ends up working for you, then can't complain about that
TWIMO (151403908) OP SnowVested : that's reasonable i suppose. lovisa, this stock trend has been pretty consistent. moves up ober time the last 4-5 years albeit downtrends. then it goes above previous high. I'm trying to time it but pretty sure I'll not succeed so accumulating on weakness. it the trend sustains, we are looking at more than 30% gains in 2025. the growth is through new storea opening.
only found out recently BHP is also listed in US.
i also bought Altria and British American Tobacco for dividends but switches from buy and hold to sell on strength... Didn't get any opportunity to sell HSBC because it keeps making new highs