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12-12-2018, 10:26 AM
#2371
Originally Posted by Beagle
People might take you more seriously if you knew how to spell they're.
Are we policing spelling and grammar now?
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12-12-2018, 10:31 AM
#2372
Originally Posted by bull....
market dont care if you can spell , only that your right
You're probably right in that respect. Please fill your boots and short some more at $1.11 as I am on the bid for a small top up and more than happy to accommodate you.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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12-12-2018, 11:11 AM
#2373
Originally Posted by dobby41
Are we policing spelling and grammar now?
No we ain't - and we are taking a few deep breaths and almost magically - we are finding ourselves feeling more tolerant and generally nicer - less inclined to be hard on ourselves and each other.
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12-12-2018, 11:11 AM
#2374
Originally Posted by couta1
The market is often wrong, in the short term I trust it about as much as a bull in a China shop.PS-It was a great buy at $1.18 and even better at $1.11.
Neighbours bowling club mates thought it was a great buy at 121 but now don’t think it was so great
Along with their growing losses on some of Turners they didn’t sell they think the market is against them. Not been a good month or so for them
”When investors are euphoric, they are incapable of recognising euphoria itself “
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12-12-2018, 11:25 AM
#2375
Originally Posted by winner69
Neighbours bowling club mates thought it was a great buy at 121 but now don’t think it was so great
Along with their growing losses on some of Turners they didn’t sell they think the market is against them. Not been a good month or so for them
Lets be fair ... market was not nice to anybody the last month, though - my bonds and my property funds did sort of o.k. - ish ;
Maybe your neighbours bowling club mates should ask themselves whether the sharemarket is the right investment vehicle for them? I guess there is always the good old savings account ... better to gain 2% instead of loosing 20%!
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
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12-12-2018, 11:34 AM
#2376
Originally Posted by BlackPeter
Lets be fair ... market was not nice to anybody the last month, though - my bonds and my property funds did sort of o.k. - ish ;
Maybe your neighbours bowling club mates should ask themselves whether the sharemarket is the right investment vehicle for them? I guess there is always the good old savings account ... better to gain 2% instead of loosing 20%!
That’s the sad part ..... term deposit money chasing divies with a higher yield divies and surefire capital gains. I keep telling them there’s no free lunch but the herd says it fine no worries.
Like the finance companies going broke and costing (older) investors billions of dollars I reckon billions will also be lost when this new way of making money doesn’t work out. Many punters out there doing it and they just don’t understand the risks.
”When investors are euphoric, they are incapable of recognising euphoria itself “
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12-12-2018, 02:16 PM
#2377
Winner, you'd better tell the neighbour's bowling club mates that the Oceania game is a bit longer than a season or two - but I guess they know that now!
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12-12-2018, 02:20 PM
#2378
Originally Posted by winner69
Neighbours bowling club mates thought it was a great buy at 121 but now don’t think it was so great
Along with their growing losses on some of Turners they didn’t sell they think the market is against them. Not been a good month or so for them
Off market trade with them? man talk about gullibility.
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12-12-2018, 03:07 PM
#2379
Originally Posted by winner69
That’s the sad part ..... term deposit money chasing divies with a higher yield divies and surefire capital gains. I keep telling them there’s no free lunch but the herd says it fine no worries.
Like the finance companies going broke and costing (older) investors billions of dollars I reckon billions will also be lost when this new way of making money doesn’t work out. Many punters out there doing it and they just don’t understand the risks.
With the greatest respect Winner, conflating investing in those particular reckless flimsy Finance companies, with investing in well run award winning organisations in the retirement sector (this is the OCA thread) with huge property & intellectual assets, exponentially increasing demand, sound financial oversight, etc etc is a wee bit of a stretch!
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12-12-2018, 03:08 PM
#2380
Someone is up to the usual tricks of holding the price down. Chunky sellers (no doubt the same entity) with 2 blocks of sells on at $1.13 and $1.14 in the standard 50K parcels. Seen this movie many times now.
As Winner would say ..."no worries."... It will all work its way out once they have achieved whatever it is they are after (next MAQ sell unload?). It's too easy for them in the pre Christmas low turnover. Just wish I had more dry power for these and HLG @ $4.10.
Last edited by Maverick; 12-12-2018 at 03:09 PM.
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