Attorney Michael de Broglio on: South Africa, Law, Politics, Attorneys, Sport, Photography, Technology, Gadgets, Media, Crime, Road Accidents Fund,
Divorce, Maintenance, Personal Injury, Medical Negligence
Evidence shows that shares, over the last 100 years or so, have pretty much out-performed most other investments. Over the last 8 years they have been a major winner and of course, once something has become a major winner it is often a bit late to enter the market at that time. People who have taken a conservative investment policy over the last 4 or 5 years, hoping for the market to come down, have been left behind and the best place to have had your money in recent years has been in an index fund. Having your money in an index fund is not always exciting, and I like to choose some of my shares myself. I of course have my losers, the biggest of which at the moment is a company by the name of Allergan. You no doubt are hearing that name and saying no wonder he is doing badly, I’ve never heard of it, but one of its products is a product which people never see coming up with new uses for and which is used by a large number of people, particularly ladies over the age of 35 and that is Botox. Previously, it has been a big winner for me, doubling from the original price I bought it at, but in the last 6 months it has slid quite some way.
My biggest winner of my life so far, and which continues to do well, but not at the initial levels, has been Google. I have always believed in their model, and I was probably the first attorney in South Africa who did advertise on Google. I bought the shares at that time assuming that if my competitors did not take out adverts, I would score on the advertising side and if they did copy me and eventually follow me, then as Google got more business, I would make a lot of money out of the shares. I just thought for me, and I understand there is no investing “science” behind what I am saying, I was going to win one way or the other and I certainly have when it comes to Google, particularly based on the fact that my initial investments in Google when the Rand was at R8,12 to the Dollar and then again a year later, somewhat unbelievably, at R7,20 to the Dollar. During that time the share price has actually multiplied by four and obviously on the currency alone it has almost doubled. I will try and write about the other shares I believe in at a later stage, and they include Starbucks, Tesla and Disney.
Posted by Michael de Broglio on Thursday 26-Jan-17
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Comments
Ashleigh said:
on Monday 13-Feb-17 08:48 AM
I actually don't really think about investments. But if I had to invest, I think that food and baby companies should be one of the best investments as these are daily Necessities and you wont go wrong in investing from it.
Henrietta said:
on Thursday 09-Feb-17 08:00 AM
If you have money to invest I would also recommend it. You have to do a lot of homework and know what you doing, it does not help not having any knowledge in the market and investing your money. I would also love invest, one day when I can afford it.
Liesl said:
on Friday 03-Feb-17 08:32 AM
This is something I have absolutely no knowledge of. But people who understands the market, from what I understand, usually gets good investments for their money
Lourien said:
on Thursday 02-Feb-17 09:45 AM
I think buying and selling shares is risky, but its a risk worth taking if you know how it works and you also have to do a huge amount of research to make sure that you are investing in the best possible growing shares. If you have extra money and you are able to afford investing it would be beneficial to build a portfolio.
Lucretia said:
on Thursday 02-Feb-17 09:25 AM
Many years ago I worked for Sage Life, on the Unit Trusts side of it, was very interesting. The sad thing is, not everyone can afford shares. I would love to dabble in that market but, when one has little disposable income then unfortunately shares are not on the priority list. I do, however, want to take the leap at some stage and get involved.
Suzanne said:
on Thursday 02-Feb-17 09:13 AM
This is way too risky for me, although I wouldn't mind if I had the extra money - rather invest it than spend it all in one place!
Sarah said:
on Thursday 02-Feb-17 08:53 AM
You can't just invest your money before doing research. Is a lot of pro's and con's in buying shares. You must be willing to take a risk now and then.
Nicolle said:
on Wednesday 01-Feb-17 02:41 PM
Further evidence (by evidence, I do mean Hollywood) shows that in order to invest you must be able to do a number of things, such as, executing on the ideas, gathering of intelligence, guarding your secrets, studying your history and learning from your mistakes. Investments always sounds so amazing like: "Wow I can make money like this." Any yet, it also sounds like a lot of work. To add insult to injury, investments and investing is generally done with the super rich's 'fun' money. I don't have any 'fun' money.
patrick said:
on Wednesday 01-Feb-17 10:01 AM
the problem lies with the ruling party. if they can spur us and recall the president we will be safe.as for Brain, he damaged a reputation which he build for many years. he earned himself a nickname which will hunt him for the rest of his life.
Thabitha said:
on Wednesday 01-Feb-17 09:34 AM
Investing in big names like Google its a smart way and I think if you want to invest you must get proper information and be smart.
Michelle said:
on Wednesday 01-Feb-17 08:46 AM
Personally I don't really know much about investments. But I think to invest in a very famous company such as google is very smart.
Melissa said:
on Wednesday 01-Feb-17 08:44 AM
Investing in shares is a great risk that one will have to take, but on the other hand investing in the stock market is not a bad idea.
patrick said:
on Wednesday 01-Feb-17 08:42 AM
the google is story is a legend. it shows that if you follow investment programs and read books like money web, they will point you in the right direction.
Zanell said:
on Wednesday 01-Feb-17 08:28 AM
I would definitely invest in shares if I was guaranteed that I wouldn't lose my money. I think it is very interesting and would love to invest but I wouldn't even know where to start.
Clare said:
on Wednesday 01-Feb-17 08:14 AM
Buying Shares isn't a Bad thing you can get a profit without lifting a Finger, If I had the money i would consider the investment, but like everything there is a Pros and Cons with everything so in one had its good but in the other had it can be a bugger up.
Zindy said:
on Wednesday 01-Feb-17 08:04 AM
Their is a lot of research involved if you want to invest and no shortage of information available to help you decide which companies to invest in, It is like a gamble, but if you decide to taker the risk it could lead to good capital growth.
Nicky said:
on Tuesday 31-Jan-17 04:46 PM
My reasoning when it comes to shares is: do I spend this money on shares or a shopping spree? The worst case scenario with shares is you can lose the amount you invested -if not- you can make a profit and end up with more than you invested. Whereas with a shopping spree I would never be able to make a profit from that money spent. on the shopping spree or night out. It is risky, especially with the limited knowledge I have but Id rather lose money investing than spending fruitlessly. I just wish that I had more knowledge to do it myself, more often.
I also agree with you that timing is important-sometimes more so than the product, I think.
Jolene said:
on Tuesday 31-Jan-17 04:37 PM
I think shares can be rather risky if you dont know what you do, but it can be easy money if you are patient and dont need the money urgently. My stepdad always advise us to invest our money, he is quite up to date with the stock market and gives us good advice.
Sinead said:
on Tuesday 31-Jan-17 04:08 PM
Honestly, I don't know much about the stock market but it's something that I've always been interested in. I actually remember the first time you ever spoke about the stock market and Satrix...
I had friends that even told me to buy shares in cellphone companies / services once upon a time. I still don't think it's a bad idea. I just wish I knew more about it
Bianca said:
on Tuesday 31-Jan-17 02:07 PM
I think one really has to do a vast amount of research before starting to invest in products or companies. You would need to watch market trends and steep declines and how prices of shares fluctuate up and down. I would think that initially it would be sensible to seek the advises of a broker before investing and I'm sure that a broker would at least be able to guide you in the right direction. Certainly invest in something stable and well known, with a great reputation.
Angelique P said:
on Tuesday 31-Jan-17 12:53 PM
I will like to start investing. I will just want to do more research about this.
Where will it be the best to invest my money and how much money.
I think I will only start to invest when I am a bit older but I really think its a great idea to invest.
Angelique Jurgens said:
on Tuesday 31-Jan-17 12:41 PM
I have seen a growing interest amongst my friends or people I meet. Offers to teach you etc etc. On 5fm at least once a month someone speaks about trading, forex and shares. It is definitely interesting. However, trends change and your shares could just drop - its a risk you take. In my mind, at one point Nokia owned the market, then Blackberry and now Apple.I personally don't have extra money to just invest in products and take that risk. Perhaps later when I take the time to understand it all. I love the show Billions but still sometimes I don't understand what is going on.
Helen said:
on Tuesday 31-Jan-17 11:57 AM
I would like to learn more how to invest and control my investment. Defiantly not to loos your invested money you must be on the top of the market all the time, maybe there is the reason why I still did not get involved to investing.
Natasha said:
on Tuesday 31-Jan-17 11:32 AM
I think investing is the stock market is a great idea. I don't know a lot about it but it sounds interesting and that its a great idea of what I saw on movies
Dune said:
on Tuesday 31-Jan-17 11:23 AM
Interesting topic, and a clever way to buy shares in google. I would love to buy shares one day, however I agree with Nina, you will definitely have to do your homework before you just jump right into it. Would be interesting to see which other companies you would recommend in another blog to come.
Nikita said:
on Tuesday 31-Jan-17 11:17 AM
The markets are very difficult to follow if you don't understand them. I have money taken off every month by momentum who handle the investments for me. My sister is completely hands on with where her money goes and this is probably the much better approach.
Daniella said:
on Tuesday 31-Jan-17 11:15 AM
Google Honestly is the best company to invest in they are so innovative, everyone uses google, and they are just so efficient. If i have the funds to invest i would definitely look into google, any major tech like Apple. I would personally never invest in a fast food chain.
Nina said:
on Tuesday 31-Jan-17 11:09 AM
I would definitely love investing some of my money in shares in the future. It obviously takes a lot of research before you decide where to invest and I do not think it is something you should just jump into. I also think google is a good bet and will continue to be in the future
Alexis said:
on Tuesday 31-Jan-17 07:07 AM
Interesting topic, though one I do not know much about unfortunately. I should one day ask my friend whom also invests about it all, try and get an understanding, as I have always wondered about it and how it all works
Johannesburg based attorney specializing in personal injury matters including Road Accident Fund claims and medical negligence matters. My interests include golf, reading and the internet and the way it is constantly developing. I have a passion for life and a desire for less stress!