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Old 01-29-2004, 16:36   #1 (permalink)
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Help required to purchase shares

I have never done this before so if someone could inform me on a cheap and easy way to purchase shares in this company that i have in mind it would be much appreciated. Keep it simple guys i'm not that bright.

Matt
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Old 01-29-2004, 16:41   #2 (permalink)
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Re: Help required to purchase shares

Check out the banking web sites, westpac (www.westpac.com.au) or commomwealth (www.cba.com.au <- i think) and the others, and goto broking or share trading, you can do it yourself.

Look up on-line broking in a search engine, or the yellow pages, there are fee's you have to pay for transactions check those out carefully as they are the big killer in profit, also capital gains will be applicable if you buy and sell quickly, check out www.ato.gov.au for the rules on shares.

Hope that helps some what,
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Old 01-29-2004, 19:10   #3 (permalink)
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Re: Help required to purchase shares

go to www.asx.com.au and take the online share course - It will tell ya pretty much everything.
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Old 01-29-2004, 19:20   #4 (permalink)
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Re: Help required to purchase shares

commsec is the way to go IMHO, it's a branch of the commonwealth bank

www.commbank.com.au you'll find a link there.
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Old 01-29-2004, 19:29   #5 (permalink)
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Re: Help required to purchase shares

Nah go with the Bendigo Bank mate,buy some share's in community bank's.
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Old 01-29-2004, 19:30   #6 (permalink)
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Re: Help required to purchase shares

I wasn't talking about buying shares in CBA, just offered commsec as a trader medium
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Old 01-29-2004, 20:19   #7 (permalink)
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Re: Help required to purchase shares

I second that !Gn|T|0n. Try Commbank, my mother and I use it all the time. But then again, we haven't used anything else!
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Old 01-29-2004, 21:09   #8 (permalink)
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Re: Help required to purchase shares

I'm a big fan of both E-Trade www.etrade.com.au and Commonwealth Shares www.commsec.com.au which are both intuitive and easy to use. I do 99% of my trades using commsec because you don't have to set up a separate bank account. I have been unable to fault commsec in any way - good service and reliable.
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Old 01-29-2004, 23:59   #9 (permalink)
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Re: Help required to purchase shares

Just got back from the north coast, i had a bit of a sticky at the CBA site this morning but from what i could gather it could take a few days to get approved before i can purchase anything. I would like to purchase asap. Also where can i find current share prices on the net?

tks Matt.
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Old 02-01-2004, 15:43   #10 (permalink)
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Re: Help required to purchase shares

All brokers require a registration process. If you must purchase urgently you can fast track via a full service broker such as Potter Warburg.
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