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How many minimum shares?

 
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Old 13-11-2007, 07:49 AM   #1
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How many minimum shares?

I am new to investing, i like to know if there is any limit on minimum number of shares we can buy in any listed company?

Is there any optimum number of shares one can suggest for starters?

Thanks
KP
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Old 13-11-2007, 08:48 AM   #2
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min limit is 1 share!

an option contract is min 1000 shares. in US its 100.
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Old 13-11-2007, 08:51 AM   #3
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I am new to investing, i like to know if there is any limit on minimum number of shares we can buy in any listed company?

Is there any optimum number of shares one can suggest for starters?

Thanks
KP
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Old 13-11-2007, 09:15 AM   #4
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I thought there was a minimum 'parcel' of shares to trade?? For example $500 worth is the minimum amount you can purchase?

Anyway with brokerage around $20 minimum it would be beneficial to trade in a reasonable parcel to offset the purchasing (and selling) costs of the transaction...

Have a read around Stock Market Education Online Australia - Invest in Share Market - ASX website.... LOTS of information
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Old 13-11-2007, 09:47 AM   #5
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Minimum $500 if you don't already own shares in the same company.
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Old 13-11-2007, 10:29 AM   #6
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I don't think it is worth spending any less than $2000 on each shore. Don't buy too many different ones either.

As a starter I personally think that if I had $10K I would rather buy two different companies at $5K each rather than 5 @ $2K.

As your comfort levels grow and your portfolio does then you can start to raise your personal minimum. I currently wont spend les than $50K and I look forward to when this is $1M on any one share

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Old 13-11-2007, 01:26 PM   #7
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Hi All,

I'm pretty new to shares too and am looking to invest $5k and was thinking of buying into 5 companies going for $1k in each!

I am thinking of CBA, WOW, NAB, JBH and BHP!

Can anyone give any suggestions on the above? I'm new to all this so any advice would be much appreciated.

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Old 13-11-2007, 02:34 PM   #8
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Your going to be paying 5 lots of brokerage - so that's $150 gone. If your going to be regularly investing thousands dollars each time then maybe buy a single lot of shares each time.

Alternatively you might want to buy an ETF instead - diversification over the ASX200 for example.
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Old 13-11-2007, 05:14 PM   #9
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sorry what's an ETF.

I'm also a newbie to share investing and am worried about brokerage costs as well.

Should i go for share packs such as the CommSec one?
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Old 13-11-2007, 05:44 PM   #10
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Hi All,

I'm pretty new to shares too and am looking to invest $5k and was thinking of buying into 5 companies going for $1k in each!

I am thinking of CBA, WOW, NAB, JBH and BHP!

Can anyone give any suggestions on the above? I'm new to all this so any advice would be much appreciated.

Cheers
Ems
I would just buy two companies tops. I like WOW and NAB as being good long term holds. BHP has always been popular too.

I am cetainly not dismissing your other choices, they are all solid companies.
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