A40 0.00% 8.2¢ alita resources limited

maktry, I would suggest that you consider buying STW.ax, which...

  1. 426 Posts.
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    maktry,

    I would suggest that you consider buying STW.ax, which is a top 200 asx stocks etf.

    Diversity, dividends and to a certain extent piece of mind. 60% of my SMSF is in STW and I sleep well at night. I have been investing since the mid nineties and have made really good money on several occasions, lost the lot on 2 occasions and when I looked at STW 5-8 years ago realized that in spite of my best efforts and research I would have been better off investing the lot in STW from day one and reinvest the dividends.

    I keep a detail spreadsheet of STW and irrespective of when ever I had invested (even at the peak in 2007/2008) I would still be better of (after dividends and franking credits are considered).

    Whatever you do beware of the sharks and pump and dumpers on various forums. They are borderline criminals trying to rip you off.

    Out of curiosity did you buy A40 based on overly optimistic posts on HC?

    Cheeerrs

    Newbie Thomas
    Last edited by newbie thomas: 30/08/19
 
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