Victor

Sydney, Australia

I have a love for Personal Investing and believe that every individual should improve their educational levels in Personal Finance and Investing so they are better able to look after their own financial futures.

2d
reviewed Approve suggested edit on What is a "Spread" (In Commodities)
2d
reviewed Edit suggested edit on What does a negative balance in a checking account mean?
2d
revised What does a negative balance in a checking account mean?
Improving the title
2d
comment Is there a sell-side version of dollar-cost averaging?
Using a trailing stop loss is the best option because if the stock continues going up all week you will capture most of that price rise, if the stock goes down all week you will only lose the amount your stop is from the current price. If you sell a bit each day to get the average, you will lose out if the stock rises all week compared to selling at end of week and prices drop all week you will lose compared to selling at start if week. The best you will get is average and pay alot more commission for it.
Mar
24
comment Using Fundamental Analysis, is Investing in Pepsi Shares Better than Coke Shares?
@Kelsey - Fundamental Analysis is based on assumptions that one makes, and these assumptions are based on someone's biases, that is why different analysts will have different recommendations on the same stock.
Mar
23
comment What happen if I don't pay credit card and leave the country
You use other people's money and have no intention of paying it back, so in other words you are a thief.
Mar
23
answered Is there a sell-side version of dollar-cost averaging?
Mar
23
reviewed Approve suggested edit on Starting with Stocks or Forex?
Mar
21
awarded Nice Answer
Mar
20
reviewed Approve suggested edit on How to know when to buy british pound
Mar
19
reviewed Approve suggested edit on Buy to Let - Daughter-in-Law
Mar
19
comment Do I retain the dividend if I buy back a short stock before the ex dividend date
Actually if he buys back stock on ex-dividend date he will still have to pay the dividend to the person borrowed off.
Mar
17
answered Selecting between investment vehicles for income
Mar
17
comment What are some simple techniques used for Timing the Stock Market over the long term?
@LawArea51Proposal-Commit - yes that is right, it involves technical analysis.
Mar
15
comment When filing taxes can I apply deductions of the current year for a future year instead?
Usually in most countries deductions can only be claimed in the tax year they occur in.
Mar
15
comment Using a cash account can someone trade all day on it?
What country are you in? Please edit your answer and place a country tag.
Mar
15
comment Using a cash account can someone trade all day on it?
@CharlesE.Grant - how do you know that the 20% profit does not already include fees. When I calculate the profit or loss for one of my trades it is always the profit or loss after deducting all fees. In fact the OP states that in his virtual trading his profitable trades make enough to cover the charges per trade and make money on top of that.
Mar
15
comment Using a cash account can someone trade all day on it?
@CharlesE.Grant - why would one be loosing money every day after taxes? If you make 20% profit and your tax rate is 50%, then you still make 10% profit after tax. Your comment is incorrect.
Mar
15
comment Using a cash account can someone trade all day on it?
In Australia with my broker I am able to trade straight away with the funds from the sale of any stocks I make, because both trades will get settled in 3 business days, so the funds would be available for the new purchase.
Mar
15
answered What is considered high or low when talking about volume?
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