Investing

Want to take a break from share trading? Or want to extend your trading profits into a safer diversified sharemarket investment?

Take this as a lesson of being wary of what you read: the accuracy of the facts. I was reading an old investing article on news.com.au about the top 20 stocks on the Australian Sharemarket are a "rock solid investment". Something caught my eye:

HOW would you like a blue chip investment, with minimal risk, that could have some worrying moments but stands the test of time?

A non-residential construction boom is coming according to stock analyst Macquarie Research Equities (MRE). The number of upgrades to estimated major project construction work for 2007 has increased and in MRE's estimates that this could "reflect strong underlying demand and a freeing up of resources with the completion of a number of large projects. Major project work in 2006 increased 20% to $A20.7bn." According to the analyst, the main sectors driving these non-residential construction upgrades are mining, utilities and energy.

Telstra T3: You've got two days left to submit your T3 Application form (attached to your T3 prospectus)which is due by 4pm this Thursday. It's probably too late to rely on Australia Post to deliver your forms on time: play it safe and submit your forms to your nearest Commonwealth Bank or you can simply apply online. For many people investing in T3 is a psychological hurdle, especially those who bought into T2 at $7.40.

So you've got your Telstra T3 Prospectus? You've got until 4pm Thursday 9th November to decide - that is if the offer isn't closed early. There are people against buying Telstra again - especially those who were hurt from T2 and those who are keen to buy. So how do you decide whether or not to subscribe to the Telstra 3 float?

A future competitor analysis for Google

Dot Coms are having their second boom according to this CNN article. Of course - this is an article for INVESTORS so in the article it notes that "... you still have to follow the basic rules of sound investing. Don't buy a "story" stock if you don't understand the story. Don't invest just because you heard a pick on TV--or, dare we say, read it in a magazine. Look for profits, sound financials, and reasonable prospects for growth. Pay attention to valuation. Make sure you know the bear case--the arguments against buying the stock. And most important of all, devote only a small portion of the cash you're investing to a hot area like Internet stocks." We're traders (although a portion of our portfolio is in investment mode, this blog is about trading), so we'll ignore a lot of those maxims and place our trust in technical indicators and charting.