actually stocks like mel ,cnu , ift , cen , gne , mcy guess utility type companies are leading the charge last 6mths probably be even more attractive ahead now since central banks are keeping rates on hold or even we say places like nz / aus might reduce rates
actually stocks like mel ,cnu , ift , cen , gne , mcy guess utility type companies are leading the charge last 6mths probably be even more attractive ahead now since central banks are keeping rates on hold or even we say places like nz / aus might reduce rates
Yep, started investing again this week in March 2009 after watching Jim Crammer say things can't get any lower. I didn't know what I was doing really but it didn't really matter - no skill has been required over the last 10 years to make money you just had to be in the market. Virtually didn't matter what you bought. Anyway, this bull market enabled me to retire in late 2017 so I can't thank it enough.
Just today, however, I added to my gold and silver position. I'm more about wealth preservation these days.
Hard to believe its been 10yrs since the start of the BULL run ... thinking it will make it one of the longer BULL runs in history ..Whole ton of DEBT has fuel it ..corporate buybacks in the billions driving EPS growth
Cheap money soooooo good for asset markets >>
the hunt for yield will dominate the next decade(or even just capital preservation Gold/Silver) .... with consumers tapped out ... wages flat etc
No point paying of smart debt too the limit I say (business investment debt = Good debt personal = bad debt)
Just got to be very smart where you have the loaned funds invested
Last edited by JBmurc; 04-03-2019 at 11:20 PM.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
The bond repayment restrictions are NOT typical of the overall Australian mortgage market (the normal Suncorp mortgage book is not affected to the same extent)
Other such "difficulties" have occurred since the GCF so this is not necessarily a reflection of anything new
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Originally Posted by allfromacell
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