"One now worth $2,700 and the other $800
He can only contribute $700 each month into buying stocks, and these existing two are on the up.
He doesn't want to take a marginal loan, in case the market turns down the track, but he wants to maximise his exposure and use this foundation plus the monthly extra, to build a pool that he can then use to expand his portfolio.
Ideally he wants to have like $25k in his trading account in 6 months - of course this is flexible."
first thing that jumps out at me is are his expectations realistic....????
By my cals..he has $3,500 in kitty. Over say 6/12 he wants to top up his trading a/c by 6*700= $4,200. Totals $7,700.
If he expects his new found ASX expertise to gain him the diff in 6/12 - say $25,000-$7,700= $17,300 gain....
....send him to me - I got a job for him.
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