Re: So, forum financial gurus...

by tricycle Sat 16 Nov 2019, 19:03

More a rant than anything.

Been a weird year for my market investments. Don't usually keep too many high beta stocks in my portfolio. This time, 2 complete stinkers and 3 jackpots.

by skully Fri 28 Feb 2020, 01:32

Coronavirus is making a mess of world markets. Mad

by Big Dog Fri 28 Feb 2020, 05:28

skully wrote:Coronavirus is making a mess of world markets.

Not to mention my super a/c. Evil or Very Mad

by JGK Fri 28 Feb 2020, 06:24

skully wrote:Coronavirus is making a mess of world markets.

Happily I sold most of my non-super investments a early last week.

by skully Fri 28 Feb 2020, 09:22

Meh, I'm in it for the long haul. The dividends pay for my living.

by skully Mon 23 Mar 2020, 04:26

How low can it go?

by Bradman Thu 26 Mar 2020, 12:28

Yeah I was hoping to cash in some super I only just found out about if only to simplify the end of FY reckoning. Wasn't much to start with but not sure it's worth the effort.

by skully Sat 04 Apr 2020, 03:07

I'd reckon Aunt Ethel made sure you aren't short of a quid, Q. Cool

by Bradman Sat 04 Apr 2020, 03:52

Grandad made sure of that, GAE left most of her pile to the the sister's kids in strict trusts. Qmyjr got left a large cash payment to be paid on his 18th birthday, something I spent years and a large amount of money getting changed.

But if you're looking for stocks how about the bleeding obvious in the supermarkets and probably paid content monsters?

by skully Sat 04 Apr 2020, 04:08

Well done to Grandma.

I'm not looking for stocks, merely riding out this nightmare and waiting for the slow return to normality and days of healthy dividends.

Unfortch I had no wind of the virus when a large term deposit matured in late Dec (was getting 4.25% but they only offered 1.5% this time around) and was converted to stocks. Fortch mostly were in blue chip indexed ETPs. Some in Property have hemorrhaged badly.

Had the ferkin Chinese been honest I would've put that cash into another shitty TD for 12 months.

by Bradman Sat 04 Apr 2020, 04:26

I've got a portfolio that I leave to other people to manage and have a trading account just to play around with with stuff I actually know something about (mining in third world shitholes) so it's not much different from my various gambling accounts. Apparently the long haul always offers a good return ( or so I'm told) and basically it's all just guess work and hail Mary's atm.

Good luck.

by skully Sat 04 Apr 2020, 05:05

Can't see the sense in selling off after the market has dropped 30%. I've lost nothing but paper value.

by Bradman Sat 04 Apr 2020, 05:21

Aye. Money is never actually lost, it just moves, and it will move back. Probably not much consolation to some.

by skully Sat 04 Apr 2020, 05:35

Indeed. Those self-funded retirees that do have done their arse can probably go on the pension. I can't.

by JGK Sat 04 Apr 2020, 06:18

skully wrote:Indeed. Those self-funded retirees that do have done their arse can probably go on the pension. I can't.

Too young?

by skully Sat 04 Apr 2020, 23:30

Aye. I hope I have another 20+ years on the planet. My partner says 30 ("you better!!").

Also, even though my SMSF balance has taken a big Covid-19 hit it's still well above govt pension allowable value.

by Bradman Sat 04 Apr 2020, 23:53

The virus may ensure there's another thirty years left in the planet.

by skully Fri 17 Apr 2020, 10:21

Gonna be a slow march back for Super funds.

by skully Sat 18 Apr 2020, 00:53

Bradman wrote:The virus may ensure there's another thirty years left in the planet.

Good point.

6 months to a year of minimal pollution due to shut down will be good for the planet.

by embee Sat 18 Apr 2020, 02:56

the pollution drop is from cars

cows are still farting

by Bradman Sat 18 Apr 2020, 04:21

Not the ones I drove to the processor during the week. Public spirited citizen that I am.

by skully Mon 20 Apr 2020, 22:48

Something none of thought you could ever see happened overnight.

West Texas crude oil May contracts finished in negative territory. Oil is worth nothing at the moment.

by JGK Tue 21 Apr 2020, 01:21

And on the opposite end of the spectrum, our local supermarket finally got some hand sanitiser spray in yesterday. Yours for a mere $20 for 10ml - $200 a litre.

It would be cheaper for me to use Grey Goose or Hendricks Reserve to sanitise my hands.

by Bradman Tue 21 Apr 2020, 02:41

You could even lighten the laundry load or save on wipes too obviously.

by skully Tue 21 Apr 2020, 05:26

JGK wrote:And on the opposite end of the spectrum, our local supermarket finally got some hand sanitiser spray in yesterday. Yours for a mere $20 for 10ml - $200 a litre.

It would be cheaper for me to use Grey Goose or Hendricks Reserve to sanitise my hands.

Is that a corner store? I can't imagine a shop with a bigger mark-up than a corner store in Mosman. groucho

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