Hey peeps,
I'm 21 years old and work part-time, earning around $1300-1500 after tax per fortnight. I recently started investing and have formed an investment plan (studying bachelor of finance/economics so i know some basics). However this investment plan is based solely around my investment into Vanguard's etf's.
Currently i'm investing $600 per fortnight into Vanguard's etf's, with a split between VTS VAS VEU of 60% ,30%, 10% respectively and this is a 50 year plan to fund my retirement if all goes well.
I've been doing some research on potential stocks that i could also create a healthy position on over the next decade and Microsoft is what i've decided upon with my focus being on their potential of growth in the cloud sector. I'm looking to dollar cost average Microsoft, what would be the best strategy to do this, how high of a frequency should i be looking to buy, should i be buying more frequently (on low's) with small $ transactions or big $ transactions infrequently on low's.
For the Aussies, what's the best way to purchase shares listed on the US stock exchange. I've signed up for a commsec international account as thats where i do my domestic trading but i'm open to other options.
What are your thoughts on the above, i'm happy to provide more specifics if it'd help you help me.
Submitted November 25, 2018 at 11:30PM by bison6969 https://ift.tt/2DLfgwn
