Planet Wealth – Australian Stock Market Education

July 26, 2010

How do I get involved in the stock market?

By Planet Wealth

I want to invest but i dont know how much when & where…
Basically, I have small knowledge of how the stock market works, and I just want to get started. What I really want to know is how stocks and the stock market works, how to play the market – things like that. In fact, if there’s recommended reading on the subject for beginners, that’d be fantastic too. Any other advice about particular stocks, or even advice about other preferable investment options, would also be greatly appreciated.

Topics: Uncategorized | 3 Comments »

July 26, 2010

Where can I find market share data on shares listed on the NYSE and the ASX?

By Planet Wealth

Topics: stock market | 2 Comments »

July 26, 2010

What is the secret to successful forex trading?

By Planet Wealth

A complete newbie to forex trading, I am having difficulties figuring out where to look for information, but also what exactly to look for. Commodities? Bank quarterly results?

Topics: trading tips | 7 Comments »

July 25, 2010

What does the current stock market crisis mean to low income people?

By Planet Wealth

Lately everyone is worried about the stock market but I’m curious about how this affects low income people? I don’t have stocks, and I don’t have money in a bank, so how will this affect me if things get worse with the stock market?

Topics: Uncategorized | 6 Comments »

July 25, 2010

Day Trading Nightmares

By Planet Wealth

pPenny stocks can be a fantastic way for a stock trader to earn some money . ldquo;a href=http://www.talkgold.com/forum/r46803-.html target=_blankPenny stocks/ardquo; are securities that trade for extremely small money, often times a penny or a fractions of a penny . They can be this low for a variety of reasons, but it is often because the company has hit on tough times. Because of this, penny stocks do run the risk of losing a investort a lot of dough if the company fails wholly. But, since the securities trade for so low, a trader can buy a huge number of shares in the hopes that the stock price will increase dramatically . Buying very cheap stocks in the hopes that they rise in price is sometimes known in the stock trading world as ldquo;dumpster diving.rdquo; Because the stocks are selling at such low prices, a price change of even a single cent can be a massive gain percentage wise. For example, if a stock were selling at the price of a single cent, and a trader bought ten thousand dollars worth of shares of this stock, if the price were to double to two cents, the trader would now have twenty thousand dollars worth of stocks. br /br /Thus, a one cent increase in a href=http://www.moneymakergroup.com/Stocks-Options-Futures-f155.html target=_blankstock price/a, which may seem very small, has the possibility to result in very large gains. Unfortunately, this is often not the case, as prices on penny stocks often do not go up much , and if they do, it may be by fractions of penny . Additionally , there is usually a reason that they are selling at such a low price, and it may be because the company behind the stock is about to go bankrupt . Therefore, it can be very risky to buy these securities ./p

Topics: Uncategorized | No Comments »

July 25, 2010

Do I pay tax on selling shares in Australia?

By Planet Wealth

I’m 18 and have no income, but I have k in shares and want to sell them (I’m going to start day trading with other savings). Do I pay capital gains tax or any other kind of tax when I sell, even if I have no income and under the 00 income threshold? If so, would I pay tax if I re-invested them? Thanks in advance

Topics: Uncategorized | 2 Comments »

July 25, 2010

Forex trading and how to go about it from home?

By Planet Wealth

Can someone clarify in detail how forex trading can be done from home in order to earn some additional income? Too, what is involved or needed? How much is needed as an investment?

Topics: trading tips | 7 Comments »

July 24, 2010

How is the stock market today compared to the stock market of the 1930s?

By Planet Wealth

How is the stock market similar or different today than it was back in the 1930s?

Topics: Uncategorized | 3 Comments »

July 24, 2010

What are some very undervalued and overvalued stocks on the Australian Stock Exchange (ASX) at the moment?

By Planet Wealth

Also, what are some useful indicators to determine whether a stock is undervalued or overvalued (e.g. P/E ratio)?

Topics: stock market | 1 Comment »