sharetrader
Page 372 of 398 FirstFirst ... 272322362368369370371372373374375376382 ... LastLast
Results 5,566 to 5,580 of 5957

Thread: Black Monday

  1. #5566
    Update Ready To Install
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    7,967

    Default

    Was reading a westpac handout while waiting in queue yest. They est prop prices gaining 7% after the cap gains tax quash , low int rates, inflation etc.

  2. #5567
    Member
    Join Date
    Oct 2016
    Posts
    177

    Default

    I dont believe the adage "its time in the market, not timing the market" Also when everyone says its all good and its going to get better, I tend to get a bit cautious. Too many pundits see a sp go up dramatically and suggest it is a buy, and conversely when it drops dramatically, its time to sell. I just dont understand this thinking. Only thing that makes me think the market is not going to crash and burn, is that interest rates are going to stay low for a few years yet.

  3. #5568
    Advanced Member
    Join Date
    Jan 2013
    Location
    Different thinking
    Posts
    1,579

    Default

    Quote Originally Posted by bottomfeeder View Post
    I dont believe the adage "its time in the market, not timing the market" Also when everyone says its all good and its going to get better, I tend to get a bit cautious. Too many pundits see a sp go up dramatically and suggest it is a buy, and conversely when it drops dramatically, its time to sell. I just dont understand this thinking. Only thing that makes me think the market is not going to crash and burn, is that interest rates are going to stay low for a few years yet.
    Each to his/her own, tho' I can't help wondering if you ever have read 'The intelligent Investor' by Benjamin Graham?

  4. #5569
    Member
    Join Date
    Oct 2016
    Posts
    177

    Default

    May have read that one, but over the years I have read so many books, I cant remember them all. All I can say is if those authors knew it all, they would be too busy investing to write books. If their secrets worked so well why are they selling books on what they think they know. I think througout an investing career, there are ups and downs. Its amazing how people tell them selves they are such great investors, when they encounter a long term bull market.

  5. #5570
    Membaa
    Join Date
    Nov 2004
    Location
    Paradise
    Posts
    2,779

    Default

    Quote Originally Posted by bottomfeeder View Post
    Market seems to have gone a little over the top lately. Everything seems to be going up. Time to sell up and wait it out a bit?
    Given your responses, was this meant as a question?

  6. #5571
    Member
    Join Date
    Aug 2015
    Posts
    238

    Default

    Bottom feeder....if you are in the market just consider the stocks you are holding, are their prices fair for what they do, what are they saying they are GOING to do? If you are into index funds, how is the sentiment for that arena? Just because things are hot, it doesn’t mean it is bad. Take the S&P500 that was booming late last year based on some heady momentum on a set of 5 or 6 stocks but then it dropped a lot at Xmas the overall P/e had dropped considerably, and through the first part of the year, it picked up again. There are great stocks in there...for me, it is about selecting carefully based on an the past and the estimated future - I try to read carefully around the mood and strategic view and it hasn’t seen me fully wrong as of yet. (Note: I did sell up a large set of shares in June 18 as the fundamentals didn’t stack up...mostly FAANG stocks and that paid off nicely. In NZ, I boosted my holdings on stocks with good value fundamentals and futures that I believe in.

  7. #5572
    Advanced Member
    Join Date
    Jan 2013
    Location
    Different thinking
    Posts
    1,579

    Default

    Quote Originally Posted by bottomfeeder View Post
    May have read that one, but over the years I have read so many books, I cant remember them all. All I can say is if those authors knew it all, they would be too busy investing to write books......etc
    Crikey bottomfeeder you are the Guru! I'd better start selling my shares (and books) and start building a bunker!!

  8. #5573
    Legend
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    5,096

    Default

    Quote Originally Posted by bull.... View Post
    beyond meat on fire , the future of real meat is doomed lol
    beyond meat has come down with a thud today
    Last edited by bull....; 12-06-2019 at 08:20 AM. Reason: beyond instead of my meat
    bull

  9. #5574
    always learning ... BlackPeter's Avatar
    Join Date
    Aug 2007
    Location
    Canterbury
    Posts
    5,224

    Default

    Quote Originally Posted by bottomfeeder View Post
    May have read that one, but over the years I have read so many books, I cant remember them all. All I can say is if those authors knew it all, they would be too busy investing to write books. If their secrets worked so well why are they selling books on what they think they know. I think througout an investing career, there are ups and downs. Its amazing how people tell them selves they are such great investors, when they encounter a long term bull market.
    LOL - you can't remember Benjamin Graham? Trust me, he didn't write his books to become rich - he made his money with investing. And - ah, yes - Warren Buffett learned from him (Ben Graham was one of his teachers and mentors), but you probably don't know that guy either ?
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  10. #5575
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    24,594

    Default

    Quote Originally Posted by BlackPeter View Post
    LOL - you can't remember Benjamin Graham? Trust me, he didn't write his books to become rich - he made his money with investing. And - ah, yes - Warren Buffett learned from him (Ben Graham was one of his teachers and mentors), but you probably don't know that guy either ?
    And of course BP there was your namesake Peter Lynch - a legend
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

  11. #5576
    Member
    Join Date
    Oct 2016
    Posts
    177

    Default

    Yes it was a question. I don't know the answer.

  12. #5577
    Member
    Join Date
    Oct 2016
    Posts
    177

    Default

    Hmmn, Warren Buffet, was he the guy who started Valentines.

  13. #5578
    Member
    Join Date
    Oct 2016
    Posts
    177

    Default

    Seriously, I believe WB is the only fund manager that sold all shareholdings, and told his investors they can have their money back, because it is not a good time to be investing in the market at this juncture. You would have to respect that.

  14. #5579
    Advanced Member
    Join Date
    Feb 2011
    Location
    Wellington
    Posts
    1,642

    Default

    Julian Robertson as well .

  15. #5580
    Legend
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    5,096

    Default

    Oil prices fall more than 2%

    https://www.cnbc.com/2019/06/12/oil-...-in-focus.html

    US Treasury yields fall after report shows little inflation

    https://www.cnbc.com/2019/06/12/us-t...tion-data.html

    80% chance rate cut now in US

    bynd back up today lol
    Last edited by bull....; 13-06-2019 at 05:13 AM.
    bull

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •