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Did you buy shares today?

morpheusbushy's picture

Submitted by morpheusbushy on August 8, 2011 - 7:55pm.

Joined: 06/10/2010

I've missed out on buying when the market looks like it has bottomed out many times over the years because I had no spare cash. This time it was a different story! There is no reason the market can't go lower but I bought today in blue chip, with high dividends & for the long term so i'm not worried either way...

BHP - 2.6% approx. dividend return
NAB - 7.2% approx. dividend return (can you really go wrong with a bank?!)
TLS - 9.8% approx. return

Total average return around 6.5%

Rebound time please... :)

--
Just a newbie.
www.myusapropertynightmare.wordpress.com


Terryw's picture

August 8, 2011 - 8:47pm

Joined: 01/01/2002

I am thinking to buy some of the banks. High yields at the moment with lots of potential upside. I may wait a few days though as it may go lower

Regards

Terryw


morpheusbushy's picture

August 8, 2011 - 9:07pm

Joined: 06/10/2010

Yeah looks like the US is about to drop on open in a couple of hours, I might look at buying some more in the next day or so as well.

--
Just a newbie.
www.myusapropertynightmare.wordpress.com


Shape's picture

August 8, 2011 - 11:07pm

Joined: 24/09/2010

I bought NAB today, since i already had some NAB i bought for ~$24 from a few month ago....it was a good time to "average" my lost out.

I think ill buy a few more of the major 4 Bank stocks.... but Ill wait it out a bit as well; the worst is yet to come

Regards
Michael

Michael Chan ----- Finance (Mortgage/Commercial) Broker----
Michael@Shapehomeloans.com.au | 1300 SH LOAN | 1300 74 5626 | Fax: 02 8212 8909|
Same Bank. Better Rates. Served With A Passion.


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