18 Share Tips – 13 July
Brendan Fogarty, Alto Capital BUY RECOMMENDATIONS Meridian Minerals (MII) The speculative sector is seeing a gradual return in volumes in recent months, with overall risk in the macro-environment reduced to a more tolerant level. Some shrewd juniors have taken the opportunity to acquire reasonable small-to-mid sized resource assets at heavily discounted prices, post the exuberance…
Professional trader reveals system that has worked for 25 years
If you’ve ever entertained the idea of being a full-time trader then you’ve probably spent time looking for the holy grail of trading – the perfect system that will guarantee making big bucks on the market. Well, professional trader Kerry Johnston has, in his own way, found it – although he doesn’t like to call…
What happens if the stock that I have margin lent against falls off the approved list?
Brokers from time-to-time may reduce or remove the Loan to Value Ratio (LVR) on particular stocks. If this does occur to you and your Loan to Security Ratio (LSR) increases to a level higher than your margin call LSR, then a margin call will trigger and you will required to reduce your gearing level by…
Self-managed super funds and tax exemptions on pension assets
I am over 70, but my wife is only 62 and we are both retired. We have a SMSF that commenced in 2005 from which we both draw a pension. Each year I have donated funds to my wife’s super in order to claim the Co-contribution. Apparently this means that the SMSF is in both…
What happens if your CFD stock gets suspended from trading or worse, goes under?
What happens to your CFD trade if the stock that you’ve gone long or short gets suspended from trading or worse, goes under? In the Australian Securities Exchange (ASX), listed companies can either voluntarily or be ordered by the exchange, to have their securities placed in to a status where trading is restricted. This status…
Aussies ‘don’t understand their super’
It’s the average Australian’s second biggest investment, behind the family home, yet new research shows many Australians don’t understand their superannuation. Research by insurer Suncorp has found only four out of 10 people claimed to understand their superannuation statement. Vicki Doyle, executive general manager for superannuation and investments for Suncorp, said nearly half of the…
What are covered calls and how can you profit from them?
Trading Strategy: The Covered Call Carl holds 1,000 Woolworths (WOW) shares, currently trading at $26.50. He receives company dividends as income from holding these shares, but he is looking for an opportunity to generate additional income from his investment. Carl’s market outlook for WOW is for the share price to remain steady over the short…
On an End of Day trade, do I end up with the final settlement price?
I have a question regarding the after market settlement period. I see the match price fluctuating up and down on my screen during this period, ending up with a final settlement price. My question is: on a End Of Day trade, do I end up with the final settlement price, or could it be traded…
Important facts to get right when choosing a stock
A little logic goes a long way in successful stock picking. It’s easy to get caught up in indicators and share prices and to overlook the most important facts to get right when buying any company. Purchasing a share involves taking part-ownership in a business. Think of it like buying a stake in the local…
Allocated Pension
Allocated pensions are by far the most popular product around for retirees looking to live off their super savings in retirement. So why are allocated pensions so popular? Why don’t retirees just withdraw their funds out of super and dump the lot into a term deposit or savings account, or even use their super to…
