$1 Club, page-18950

First 18950 Last

Share
Profile

Follow
Adhd

243 Posts.

24

26/03/21

09:53

Post #: 52056822
Share

Originally posted by WeHaveFireBaby: ↑

Hi jip123,
I'm in same boat.... Been to busy raising family last 20 years. I have only ever had shares that have been issued by companies I've worked for in the past. Being in my 40's and kids all grown up I'm now focusing on utilising a reasonable disposable income to generate some longer term wealth with the view to potentially retire in my 50's. I have a healthy super but will need to fill that gap between early retiring and accessing the super.
So back to the topic, I have invested what is a substantial amount in IOU for someone that isn't able to analyse speculative stocks like some of the others here on HC. I've just looked for emerging companies in markets I believe are going to be a big part of the future moving forward. IOU being the main one which I have 100K shares of, next largest is 3DP then BRN, NEA, and RFX. I decided to not put all my eggs in one basket, all these are established businesses with a bright future that I'm plan to hold for around 1-3 years depending. In the meantime I will continue to periodically add to my ETF portfolio as my safer investment.
The past 6 weeks have been challenging seeing my portfolio go up and down by up to $10k over a week, general down more than up. But I don't see any fundamental changes in the businesses I have selected, from what I have learnt in my short time is that there are lots of games played by professional people that can manipulate the market. I don't understand it, probably never will, but stuffed if I'm going to hand over my within the next 12 months at least.

I'm holding on tight to my shares, I'll be happy with $2.50 in 3 years but really the sky is the limit if they do manage to dominate the region in that market. Worst case scenario I'll lose some money but will recoupe it back at tax year when I get gains from my investment property.

Expand

OMG its like we are twins, but beware grandkids cost you a lot lol got 1 and 2 on the way at 45 GLTAH

IOU Price at posting: 43.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Emerald & Azure score Digger & Dealer awards

LVH

Livehire sees share rocket 91% on takeover bid by Humanforce

IR1

IRIS Metals sniffs 75 metres of lithium in South Dakota, pushing share price up 9.99%

Bitcoin: Current State of Play & Where to Next | Swyftx

ORP

Orpheus delays drilling at South Australian play Frome, on traditional owner advice

There are more pages in this discussion • 13,372 more messages in this thread...

First 18950 Last

Add OVT (ASX) to my watchlist

(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $6.090M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$246	61.40K

Buyers (Bids)

No.	Vol.	Price($)
6	4006169	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	7048456	9

View Market Depth

No.	Vol.	Price($)
6	4006169	0.004
16	18540116	0.003
7	13730000	0.002
4	18999999	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	7048456	9
0.006	2240000	4
0.007	1691313	4
0.008	1380714	3
0.009	1000000	1

Last trade - 16.10pm 14/08/2024 (20 minute delay)

OVT (ASX) Chart

$1 Club, page-18950

Emerald & Azure score Digger & Dealer awards

Livehire sees share rocket 91% on takeover bid by Humanforce

IRIS Metals sniffs 75 metres of lithium in South Dakota, pushing share price up 9.99%

Bitcoin: Current State of Play & Where to Next | Swyftx

Orpheus delays drilling at South Australian play Frome, on traditional owner advice

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

$1 Club, page-18950

Top Stories

Emerald & Azure score Digger & Dealer awards

Livehire sees share rocket 91% on takeover bid by Humanforce

IRIS Metals sniffs 75 metres of lithium in South Dakota, pushing share price up 9.99%

Bitcoin: Current State of Play & Where to Next | Swyftx

Orpheus delays drilling at South Australian play Frome, on traditional owner advice

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News