Can I just clarify the Stake route...is it:
1. Open Stake and fund it
2. Buy 1 share in as manycompanies as you like
3. Turn on electronic coms
4. Join any juicy SPP
5. Sell shares whenreceived [to avoid gambling with the house’s money]
6. Wait for the next SPP
Questions:
1. Roughly, how much time do youthink you spend per SPP application? Include everything such as monitoring for announcements;participating exits. Like: TOTAL ANNUAL TIME / TOTAL TRADES = ?
2. How does this use oftime compare to the fees of the other option = joining the SPP Harvestersystem. Essentially, does the time cost of Stake outweigh the fees on SPPHarvester?
3. Then, which system had thegreater potential to make money? I’m guessing Stake due to the better level ofcontrol to pick your entries and exits.
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- ASX - General
- SPP Harvester by OnMarket
SPP Harvester by OnMarket, page-891
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