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.

1h
awarded investing
5h
reviewed Close Received SSDI income less than 15,000. Do I need to file income tax?
5h
comment Book recommendation for beginners
Why don't you start with The Idiot's Guide to Investing so you can learn about different terms and what type of investments you are interested in so you can then learn more about those subjects.
7h
comment Why have candlestick charts overlaps?
@MD-Tech - I mentioned this could be a reason for gapping in some instances not all, many things can cause the market to gap at any time. Some new news coming through or even anticipation of the news could cause a gap.
14h
answered Why have candlestick charts overlaps?
1d
comment Online tool like Financial advisory or Fiduciary?
Firstly, not all are tied to banks, there are boutique companies independent of the banks. Secondly, what country are you in?
1d
comment Online tool like Financial advisory or Fiduciary?
Have you tried a Financial Planner - that's what they are for.
1d
comment How to start day-trading? Any advice about software for beginner?
@Alex - also by setting up a demo account you can see how much money you will actually need if you plan to take it up and how much day you will need to spend each day. It's not for everybody but it may be for you, and a demo account is good to try out all these things on, as well as to develop a trading plan and test your strategies on.
1d
comment How to know if buying a house is a good investment?
If you are putting down less than 20% deposit, won't you then have to pay LMI and thus pay more for the loan?
1d
revised How to know if buying a house is a good investment?
Fix typos
2d
comment How to know if buying a house is a good investment?
You know that it is a good idea to buy a certain investment if most people are telling you not to buy it. You know it is a bad idea to buy an investment if most are telling you to buy it. As Warren Buffett say - "Be greedy when others are scared and scared when others are greedy." Generally, a good time to buy property is when interest rates are high and demand for property is low, you can usually get some good bargains during these times.
2d
reviewed Approve suggested edit on US banks that allow foreign account holders to perform transfers online
2d
comment Vanguard limit order vs stop order in a buy scenerio
@Justin - yes that's pretty much correct. I look to buy rising stocks in a rising market, so the stop limit buy orders are perfect for me. I but my orders in after market close for the next day, so if the stock gaps open to high I prefer to give it a miss and look for something else the next day. It ads a level of protection to your trading. You need to be patient as there are always other opportunities even if you miss the current one.
2d
comment How to start day-trading? Any advice about software for beginner?
No problem, there is nothing wrong in taking up day trading, and one can be successful at it, but you do need to think about what you are getting in for and if it is right for you, what is required and the planning required to be successful. Don't listen to those that say it is just gambling, because buy and hold can also be gambling. If you don't have a plan for what you are doing, when it comes to investing, in my opinion it is gambling.
Jan
28
answered Vanguard limit order vs stop order in a buy scenerio
Jan
27
comment Is the Investopedia simulator an accurate representation of real stock trading?
Have you got a link for the simulator?
Jan
27
answered How to start day-trading? Any advice about software for beginner?
Jan
27
reviewed Approve suggested edit on I have more than $250,000 in a US Bank account... mistake?
Jan
27
comment When to use a stop limit order over a stop order
@EkoostikMartin - the key is in my last sentence, I will repeat it hear for you - If you use stop orders in your investing/trading then it should be something you experiment with to get the best order types that suits your type of trading.
Jan
27
comment Planning to invest in stock, age 16
@JohnFx - the length of time of holding an investment is not what makes it gambling, it is investing or trading without a plan that makes it gambling. If I bought a stock 10 years ago and my only plan was to sell it 10 years later (today) then I would be gambling. There is no guarantee the stock will be higher 10 years after I bought it, and there are many instances when it will be lower, especially if the 10 years later is during a market crash.
1 2 3 4 5