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  1. #1341
    Tyre Kicker
    Join Date
    Jul 2007
    Location
    Palmerston North
    Posts
    71

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    Reminds me of a definition I once heard. The definition of a consultant was someone who borrows your watch to tell you the time.
    chippy52

  2. #1342
    On the doghouse
    Join Date
    Jun 2004
    Location
    , , New Zealand.
    Posts
    9,301

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    Quote Originally Posted by h2so4 View Post
    Yup. Now do it for the next 20 years.
    I bet you I can't ;-). A reversion to the mean performance is almost sure to kick in. Nevertheless I still think I can retain a 2 percentage point return on the 5 year bond rate over the business cycle. I think an 8% return over 20years is achievable for RBD shareholders. Ironically one of the best methods for boosting my returns could be to sell down my holding and in so doing reduce my average purchase price.

    SNOOPY
    Watch out for the most persistent and dangerous version of Covid-19: B.S.24/7

  3. #1343
    Senior Member
    Join Date
    Nov 2001
    Location
    , , New Zealand.
    Posts
    1,187

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    Elevator near the top floor?

    Anyone getting off?

    Still buying in on Brokers recommendations?

    Disc. I'm out. The easy profit has been made IMHO.
    Last edited by biker; 06-05-2010 at 04:55 PM.

  4. #1344
    On the doghouse
    Join Date
    Jun 2004
    Location
    , , New Zealand.
    Posts
    9,301

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    Quote Originally Posted by biker View Post
    Elevator near the top floor?
    In historic share price terms yes.

    Anyone getting off?
    No

    Still buying in on Brokers recommendations?
    No

    The easy profit has been made IMHO.
    I agree, but where can you put your money to earn a better return from here on out? Believe me I have looked, and I'm staying in.

    SNOOPY
    Watch out for the most persistent and dangerous version of Covid-19: B.S.24/7

  5. #1345
    Senior Member
    Join Date
    Nov 2001
    Location
    , , New Zealand.
    Posts
    1,187

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    Sometimes a better return on capital is trumped by a lesser return and retaining capital, but then I'm just getting conservative and sceptical in my old age.
    Last edited by biker; 06-05-2010 at 06:28 PM.

  6. #1346
    Super Investor
    Join Date
    Feb 2008
    Location
    Gold Coast
    Posts
    1,303

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    Quote Originally Posted by Snoopy View Post



    I agree, but where can you put your money to earn a better return from here on out? Believe me I have looked, and I'm staying in.

    SNOOPY
    Better than any brokers recommendation.
    h2

  7. #1347
    Senior Member
    Join Date
    May 2005
    Location
    anzac
    Posts
    1,127

    Cool LEVIN Mystery Tour..

    BRICKS yesterday went on a mystery adventure tour and ended up at Levin KFC which can report has the the base floor poured that is all but on the same block is a small Pizza hut outlet so all is not lost the pub we where going to
    The hungry ox next to KFC had close down for good and ended up in Levin RSA at back of KFC but the dinner closes @ 1.00pm
    but they feed us for FREE.. O,O what a TOUR...

  8. #1348
    Veteran novice
    Join Date
    Jun 2007
    Location
    , , .
    Posts
    7,289

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    but they feed us for FREE.. O,O what a TOUR...
    What's this?

    BRICKS discovers the mythical free lunch?

  9. #1349
    Guru Dr_Who's Avatar
    Join Date
    Aug 2007
    Posts
    3,045

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    In the old days you only get a KFC voucher.
    Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.

  10. #1350
    Senior Member
    Join Date
    May 2005
    Location
    anzac
    Posts
    1,127

    Red face No doppy..

    Quote Originally Posted by macduffy View Post
    What's this?

    BRICKS discovers the mythical free lunch?
    THE RSA feed us..

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