I know exactly how you feel Ellimb. I had $137k saved up and I was doing little trades here and there. Only on blue chips of course. I wasn’t looking to make 10% or more on each trade. I was looking to make 1-2% each trade. With that amount of capital, I could make between $1-2k each trade with what I thought was very little risk.
Beginning of 2017, I saw Telstra had been as high as $6 and was now into the low $5’s. Thought I’d keep watching.
A month later I bit the bullet and bought $137k worth of shares at $4.85. I’ve seen millions of times a share bounce around. I thought it’s come off so much already, chances are it will go up 1-2% from when I bought it (even if it hasn’t reached the bottom yet).
Boy oh boy was I wrong.
Not once have I been in profit over these last 5 years. It’s been good collecting the dividends but that’s very slow. I liked the quickness of trading.
Literally couldn’t have timed the investment worse.
Now we’re so close to breaking into the $4’s again, I’m really hoping we could see a climb back above not just mine, but so many people’s buy price.
GLTA us patient holders
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Where to now for long term investors of Telstra, page-11971
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Last
$3.69 |
Change
-0.010(0.27%) |
Mkt cap ! $42.86B |
Open | High | Low | Value | Volume |
$3.71 | $3.72 | $3.68 | $14.06M | 3.799M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
88 | 342469 | $3.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.69 | 158980 | 38 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
70 | 326384 | 3.680 |
37 | 279358 | 3.670 |
33 | 458389 | 3.660 |
47 | 824231 | 3.650 |
15 | 172927 | 3.640 |
Price($) | Vol. | No. |
---|---|---|
3.690 | 165713 | 34 |
3.700 | 310643 | 32 |
3.710 | 345163 | 29 |
3.720 | 789426 | 60 |
3.730 | 378444 | 28 |
Last trade - 11.56am 08/07/2024 (20 minute delay) ? |
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