Penny Stock Investing Course

Well it’s been a few months since I launched my Penny Stock Investesting courses and to date it has been a hugely rewarding experience for me. Communicating with students, answering questions and watching some of them grow in such a short period of time has been amazing. These courses were never designed as a means of selling someone a digital …

The $50k Challenge!

I have officially kicked off the $50k Challenge and started investing $50,000 in the share market with live buys and sells. This will ensure complete transparency through this experiment. I will also be providing brief reasons for buys and sells as I go. To make the updates easy to follow I have created a $50k Challenge page on my site …

The $50k Challenge – Update 19

The $50k Challenge Update 19 – 14/01/2021 Stock Code: PF1 Shares Purchased: 34,482 Share Price: $0.29 Total Shares: 196,645 Reason for Purchasing more: Since my original purchase on 24/11 one of the directors has purchased shares on market on 3 separate occasions which is fantastic. Since listing he has now purchased over $300k worth of additional shares on market. Iron …

The $50k Challenge – Update 18

The $50k Challenge Update 18 – 24/11/2020 Stock Code: EMD Shares Purchased: 352,941 Share Price: 0.087 Reason for buying Low market cap of $18m with $2m in cash Board of Directors own 32% of the register Top 20 own 59% of the register No debt Cannabis sector just starting early phase bull market due to recent legislative changes. EMD undervalued …

The $50k Challenge – Update 17

The $50k Challenge Update 17 – 23/12/2020 Stock Code: 8CO Shares Sold: 255,000 Share Price: 0.12 Total Profit: 85% / $14,025 Reason for Selling Ultimately I sold 8CO for two main reasons. Firstly their revenue growth stalled and the expected uptick when COVID restrictions were lifted did not occur. Secondly the entire payments sector has died out with the majority …

Q&A with The Stockrocker

Tell us a bit about you and what got you into the share market in the first place? I first arrived in Australia in 1983 as a refugee when I was 10 years old. I was born in Cambodia just before the civil war of 1974-1979 which saw over 2 million people (25% of the population) slaughtered during the genocide. …

Q&A with The Gladiator

What did the first few years of your investment journey look like? So growing up my parents invested quite a bit in real estate so in my late teenage years I saved to buy an investment property of my own. Coming towards the end of the GFC in 09 the property market wasn’t great in Australia so I was able …

The $50k Challenge – Update 16

The $50k Challenge Update 16 – 24/11/2020 Stock Code: PF1 Shares Purchased: 162,163 Share Price: 0.185 Reasons for buying Incredibly low EV of only $4.7m $6m cash so no credit raisings required in the foreseeable future Management team continue to purchase shares on Market Major shareholders also increasing their stake since listing by purchasing shares on Market PF1 owns a …

The $50k Challenge – Update 15

The $50k Challenge Update 15 – 23/11/2020 Stock Code: MSE Shares Sold: 834,000 Share Price: 0.048 Total Profit: 700% / $35,000 Shares Remaining: 832,000 Reason for selling: This will be the shortest “reason for selling” to date. The only reason I sold MSE was because it ran so hard that it occupied nearly half of my total portfolio. My Strategy …

Q&A with Steven Goldstein

Why Is Managing Our Emotions So Critical to Success in The Markets? The following two statements are both accurate: 1) We are emotional beings and we have relatively little control of our emotions, particularly under stress. 2) The quality of our decisions, and our ability to objectively assess what is happening in markets is heavily impacted by our emotional states. …

Q&A with Mr Mena

What got you into markets in the first place? I have always been an entrepreneurial thinker and am constantly looking at ways to grow my wealth. At age 23, I owned my first business as a 7 Eleven franchisee while studying radiography on a full-time basis at RMIT University. I funded this by obtaining a personal loan with 20% interest …

Q&A with Dean

What got you into the markets in the first place? It started out by just researching how to save on fees. I was not on board with paying a mutual fund 3% to hug an index. I ended up reading a couple of books about mutual funds and started to pick the funds myself. Eventually I got rid of all …