nowwearetalking is about telecommunications and you. It's where you can become involved, have your say, and Telstra listens - on issues affecting all Australians and the telecommunications industry. nowwearetalking is managed by Telstra. Find out more about this site.

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Madge Tuxworth from Melbourne VIC



Topic: Telstra , Shareholder

Tags:    madge-tuxworth  melbourne  shareholder  shareholder-stories  soapbox  stories  victoria


Madge Tuxworth is a 73 year old who lives in Melbourne, VIC, and has been a Telstra shareholder for 3 years.

If I were Telstra’s CEO I would...I’d press on… and also give my son a large promotion.

(Editor's note: Madge's son Howard is a Telstra employee and a nowwearetalking blogger.)

If you asked me what I did, I'd say...Retired

I bought most of my Telstra shares in...Late 2004 and late 2005.

I bought Telstra shares because...Len my husband is a great manager of money he researches the share market and decided they would pay good dividends.

My first successful investment was...First ever shares I bought, 30 years ago were BHP shares and I still have them.

The best investment I ever made was...Buying Commonwealth and St George Bank shares.

Even though my husband isn't officially an Investment Advisor, I have him to thank for the excellent financial position that I am in at the moment. My entire income comes from dividends.

What I learned from my worst investment decision...Don’t get carried away by what some people say, especially when they don’t know what they are talking about… and NOT investing in the Reject Shop shares was a bad (non) investment.

The best investment advice I’ve ever been given...I get my advice from Len, my husband, who told me, while I was still working, I should always practice dividend re-investment… he also told me to buy bank shares.

How I use telecommunications now...I use a palm pilot to track my share portfolio, and when I’m traveling, I use a mobile phone to change the status of my shares.

My husband and I bid at Travel Auctions online, shop and eBay, do Internet Banking, pay all our bills online, upload photos of the grandchildren and email them to family, stay in touch with family overseas via email.

How I see the future of telecommunications in Australia...At my age, I am blown away with the technology we have now….it does everything I want it to do already.

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