Can you tell me about shares and investment on shares in Australia?

Question

how it works?do banks like commonwealth or westpack provides these shares?how people use these shares as investment?

Answer 1

Okay if you want to invest a company, invest shares in Westpac, they are going to skyrocket when they buy Saint George Bank, althought they arent doing so good now. dont invest in any airlines, petrol prices are too high for them and they will only make you lose money. Use the high petrol prices in your favout and ivest in petol companes, but the best company to invest in is probably Caltex. Invest plently of money into Babcock and brown and anotehr company SimsGroup. they are a small companies that will only grow and make you money. they rarely lose money or fall so i think they are good. also invest in Banks. If you are an ethical investor, than goodluck as ethical investments are usually harder to find a good win in.

invest in BHP billiton and Rio tinto. 2 major companies that are doing well

-by the way, im only 15 but i love the stock market.

but dont take my adivce for it, search it and youll find that i should be correct.

:)

Answer 2

Hello. If you ever want to get into shares always stick to banks as you cannot go wrong as the market is going up all the time. Hope this helps.