Investing on the stock exchange

[MILO]

There's a saying that goes "Buy when there's blood running in the streets"
The stock exchange is very depressed at the moment and I want to invest now. It has to turn around at some point.
Are there any boffins out there that can give some advice on how to do this without incurring massive broker fees, admin charges etc?

[BudCyber]

There's a saying that goes "Buy when there's blood running in the streets"
The stock exchange is very depressed at the moment and I want to invest now. It has to turn around at some point.
Are there any boffins out there that can give some advice on how to do this without incurring massive broker fees, admin charges etc?

You can look at the Forex trading with MT4 Metatrader via a online broker like www.hotforex.com.

You can trade Forex, but also oil, gold etc.

[Nkwazi]

The best time to invest in the stock market was 20 years ago. The second best time is now. There is no good or bad time to go into equities, as long as you have time you will always outperform cash. There are numerous online platforms, most of the banks have them. In our business we make use of stock fund managers that will pick stocks on your behalf ( they have research teams behind their decisions), diversifying your investment across the different sectors as well as some offshore counters. You'll never get away from fees unfortunately!! Remember that in this day and age fees are negotiable - expect to pay around 1.5% per annum negotiable down depending on the size of the investment.

[MILO]

Thanks Gents for the feedback,
Shares dropped by around 5% since my original post.
I wasn't specific when I started this thread. I noted a NZ response which has since disappeared.
I am looking at short term returns and not a longer term balanced investment. Check out the big resource companies impacted by the current low oil prices.
The question I ask is will the oil price remain at or below $50?
Put another way is will the petrol price stay at current levels for the next year or so.
No brainer.

I'm just a bit risk averse and it bugs me to pay someone else for my risk & hard work (like estate agents).

Maybe I should just AB it.

[Nkwazi]

If you are risk averse then the stock market is not where you want to or should be. However risk disappears after time (4 - 5 years). Looking for the short term returns can often end in disaster unless you have the time and knowledge to actively participate in trading the market.

Do you pay a doctor when you attend him to diagnose your ill health? Your financial health is just as important and a professional financial adviser will provide solutions based on your total financial situation and picture and advise you where to be placing your hard earned cash. Pay him 1% per annum, it prevents you making a 1% mistake. A small price really!!