only a few weeks ago the market reached a new record high and is still about 19% up on this time last year if you cant afford to lose best not gamble
So true Boab.
Yes June & July were great months for the market. But like all markets of any sort one has to be prepared to ride the highs and hold on for the lows.
Yes!!!! even today or tomorrow were are still well ahead of the 2008/2009 G.F.C. And of course if you can not handle the heat in the kitchen, then best you should not have entered the sharemarket.
But with the dividends of the top stocks returning around 5% or better plus franking credits, it sure beat the hell out of haggling to get a lousy 1.5% from the financial institutes.
And there is talk that the Reserve Bank may drop interest rates yet another 25 points next month.
Like I have said previously .... if anyone asks me for info and advice on the share market.
I am proud to tell them.... that the best advice I can give you is to
Property market in Melb and Sydney recently took a hit of around 10%.....plenty of media doom and gloom.
Both cities had a 75% increase in the past 6 years!
They had a small correction!
Share market has been tracking well over the last couple of years.....just another small correction.
Property market in Melb and Sydney recently took a hit of around 10%.....plenty of media doom and gloom. Both cities had a 75% increase in the past 6 years! They had a small correction!
We bought our beach side house south of Melbourne back in 1974 for $36,500.
We keep knocking back offers of around $1,200,000, we'll never sell it, absolutely no interest in living in a caravan.
Not a bad investment though & a good inheritance for our Son & Daughter when we're gone.
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If you woke up breathing, congratulations! You have another chance.
We bought a unit in 89 at 17%. Paid it off as fast as we could living off stale bread & tap water for years. Never selling as we like living in bricks & morter. Need a base to upgrade things anyway. Like traveling but it's nice to get home!
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Procrastination, mankind's greatest labour saving device!
50L custom fuel rack 6x20W 100/20mppt 4x26Ah gel 28L super insulated fridge TPMS 3 ARB compressors heatsink fan cooled 4L tank aftercooler Air/water OCD cleaning 4 stage car acoustic insulation.
Financial advisor Switzer commented on Sky last night that the chance of recession at this time is very low, not impossible, but unlikely.
Stock market corrections take place every now and then, investors who have no interest in speculation and who are satisfied with their investments should sit tight.
-- Edited by Knight on Friday 16th of August 2019 10:01:43 AM
Would I be right in saying that, yours and our investments would be very very insufficient when compared to the big Institutions who would have a strong hold on how the market performs.
Anyway we are happy happy to get our next CBA dividend next month.
Would I be right in saying that, yours and our investments would be very very insufficient when compared to the big Institutions who would have a strong hold on how the market performs.
Anyway we are happy happy to get our next CBA dividend next month.
Jay&Dee
The Australian Futures Fund continues to deliver returns on investments averaging 10 per cent per year.
Over a hundred years despite rises and falls the stock market has averaged 7 per cent per year.
And yes, it is a form of gambling, like horse racing and studying the form guide.
Its only a loss if you take it out also . We had shares in company that went bad .( Hanover) Was taken over . We recovered eventually. One thing I like about bricks and mortar . I cannot be easily
taken off you . Trust me I know how easy it is to lose in
Your bank !! Some cant help themselves !
