ASX newbie

A good start to the week as two of the stocks that I mentioned last week are trending upwards.

QTK is a bit slow, but as that one is a long termer, I expected that to happen.

 But with  AEX I thought with all the hype on “Uranium” this would go up quicker than it has.

Perhaps it is just as well. As I am in the middle of changing brokers.and have transfered my accounts over to ” E TRADE”. So I can not really sell for the next three working days, till everything is finalised.

It certainly pays to shop around and I should have done this months ago ,but I was too comfortable and could not be bothered until I did my sums. And got a rude awake up call!

I save $16.00 on each trade plus no account keeping or transaction fees apply.This came to around $!6.50.  If you do 10 trades a month ( I do this occaisonally) that became $165.00 do this only 5 times a year and it becomes a handy $825.00 which I can spend elsewhere.

Very useful when I think of the times in a downtrend, how useful $600 would have been.

The lesson here is “Don’t get too comfortable and Shop around”

The week is just a pup. so will have to wait and see what eventuates.

In the meantime I will be doing some new “Articles” on the NEW PAGE entitled “Money, Hints and Tips.” Go and have a look.you never know there could be hint or tip that might be of use.