All Topics / Hotch Potch / Should we buy more of these shares?

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  • Profile photo of BellasmumBellasmum
    Participant
    @bellasmum
    Join Date: 2003
    Post Count: 1

    My husband works for the local TV station and approx 2 years ago they offered employees shares at 25c – we bought 8000 (at the time we had just purchased our first home and couldnt afford more). They have since gone up to around $1.10. We have talked about buying more but are not sure what the share market is going to do in the near future. Thoughts?

    Profile photo of crashycrashy
    Participant
    @crashy
    Join Date: 2003
    Post Count: 736

    Are these listed shares or private?
    What is the dividend yield?
    How much is the employee discount?
    Why do you want to buy more?

    My view of the market for the next 5 years is very good. This does not mean all stocks will go up though.

    http://www.posigear.8k.com

    Profile photo of ClancyClancy
    Participant
    @clancy
    Join Date: 2003
    Post Count: 9

    I agree with Crashy on the sharemarket. The last 3 years have seen a Bear Market.Based on history, the general consensus about the economy [ not property]the results coming from listed companies it all looks extremely favourable.The sharemarket has increased approx 20 percent since March but it is still below the high established a couple of years ago. You can also purchase bluechip shares yielding 5 percent plus fully franked.These are my thoughts only and you should do your own research.

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