Stockmarket

Society, politics, culture and everything and anything that doesn't fit on the other boards.
User avatar
leagueiscrap
Banned
Posts: 7907
Joined: Sat May 10, 2014 11:08 am
Team: Essendon
Location:
Has liked: 16 times
Been liked: 7 times

Re: Stockmarket

Post by leagueiscrap »

Fred wrote: Sun Mar 01, 2020 7:18 pm I had been waiting for a crash and thought well best to get in now. So put 6 figures in and what do you know ... crashes lol. But it’s a 10 year thing so will wait. But pissed I could have bought so much lower.
the crash has been hyped up by a lot of the so called gurus in the media..no one was expecting something as terrible as the coronavirus.
if there was something going to happen imo was expecting it to be around the time of the USA election due to America total influence of some 60% of the world stock traded


its been at record levels for some while now a pull back was always due, but with the rise of the tech companies now days the PE ratios and earnings are much higher as they are not needing to buy where houses filled with assembly lines, its officers filled with computer


Australian sporting sponsorship
AFL excess of $50m
A league $30 million plus
ARU $27 million
NRLOL $25 million

Leagueiscrap
and she still changes your nappies as well!
pusseycat replys
Only when I have an accident.
Fred
Coach
Coach
Posts: 8649
Joined: Mon Dec 05, 2011 9:13 am
Team: Collingwood
Location: Gold Coast
Has liked: 65 times
Been liked: 117 times

Re: Stockmarket

Post by Fred »

Who else is down a pretty penny? I don’t need to sell so am fine but just spewing I invested a substantial amount in an etf two weeks prior to the arse dropping out of the stock market as could have got a lot more if had of waited. Question is do if invest more now ... got some bhp last week and up 2.50 on the share price ... or keep it in cash. Tempting to buy up big ... Wesfarmers, Coles, Woolworths are all bargains right now I reckon and a good way to diversify .... all blue chip. Also the banks are dirt cheap with NAB around 15 dollars (bought at 28) so a good chance to average out. Still... it’s about how much do you risk as it still a gamble.


Veni, vidi, vici
User avatar
leagueiscrap
Banned
Posts: 7907
Joined: Sat May 10, 2014 11:08 am
Team: Essendon
Location:
Has liked: 16 times
Been liked: 7 times

Re: Stockmarket

Post by leagueiscrap »

Fred wrote: Thu Mar 26, 2020 12:16 am Who else is down a pretty penny? I don’t need to sell so am fine but just spewing I invested a substantial amount in an etf two weeks prior to the arse dropping out of the stock market as could have got a lot more if had of waited. Question is do if invest more now ... got some bhp last week and up 2.50 on the share price ... or keep it in cash. Tempting to buy up big ... Wesfarmers, Coles, Woolworths are all bargains right now I reckon and a good way to diversify .... all blue chip. Also the banks are dirt cheap with NAB around 15 dollars (bought at 28) so a good chance to average out. Still... it’s about how much do you risk as it still a gamble.
im down a chunk my main etc is the ndq, but it had held up well considering how others have preformed, I recently put a bit in to an etf bboz an elf designed to short the market for a bit of fun https://www.betashares.com.au/fund/aust ... bear-fund/

I sold the Bboz after the novelty wore off, and that china is now back in full swing so am hoping the worst has hit but maybe wait a touch longer. even if the markets go a bit lower you'll have some really good buys if your plan is to gold long term..IMO westfarmers are a brilliant company Bunnings and fertliser, the banks are looking cheap, but with the market cap how much larger can they grow, especially after finding out they do have a heart after all and helping small business and home owners.

ive got some investment properties, set up all with different banks and already received phone calls from the banks, 2 of the major 4 and a 2nd tier regarding options and services if financial hardship was to take place


Australian sporting sponsorship
AFL excess of $50m
A league $30 million plus
ARU $27 million
NRLOL $25 million

Leagueiscrap
and she still changes your nappies as well!
pusseycat replys
Only when I have an accident.
Fred
Coach
Coach
Posts: 8649
Joined: Mon Dec 05, 2011 9:13 am
Team: Collingwood
Location: Gold Coast
Has liked: 65 times
Been liked: 117 times

Re: Stockmarket

Post by Fred »

Well RAP has had a take over bid by Pfizer however all is not as wonderful as you would think - Pfizer trying to pick it up for a song and buy the company outright.


Veni, vidi, vici
User avatar
Beaussie
Site Admin
Site Admin
Posts: 9503
Joined: Fri Nov 19, 2004 6:38 pm
Team: Sydney Swans
Location: Sydney
Has liked: 98 times
Been liked: 25 times

Re: Stockmarket

Post by Beaussie »

Glad I sold most of my shares for a profit when I did. Markets not looking great now.


"One in every 24 Australians is now a member of an AFL club, a sign that the national reach of Australian football has never been greater," League CEO Gillon McLachlan said.
Fred
Coach
Coach
Posts: 8649
Joined: Mon Dec 05, 2011 9:13 am
Team: Collingwood
Location: Gold Coast
Has liked: 65 times
Been liked: 117 times

Re: Stockmarket

Post by Fred »

It’s all long term


Veni, vidi, vici
pussycat Mark 11
Captain
Captain
Posts: 596
Joined: Sun May 10, 2020 8:00 pm
Team: Easts
Location: geelong
Has liked: 7 times
Been liked: 35 times

Re: Stockmarket

Post by pussycat Mark 11 »

:cheers: Stick with oil, coal and gas, it will be like gold as people start to realize just how valuable this stuff is.


Australia's number 1 sport RUGBY LEAGUE. Preferred by more Australians than any other :cheers:
Fred
Coach
Coach
Posts: 8649
Joined: Mon Dec 05, 2011 9:13 am
Team: Collingwood
Location: Gold Coast
Has liked: 65 times
Been liked: 117 times

Re: Stockmarket

Post by Fred »

Got my BHP at a song - who sold off their oil and gas so got me some free woodside as part of that deal.


Veni, vidi, vici
Post Reply

Who is online

Users browsing this forum: No registered users and 1 guest