Todays the day to buy

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Todays the day to buy

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paulybronco
4 years ago

Quoting Ratbob on 25 Feb 2020 11:43 PMedited: 25 Feb 2020 11:44 PM
That ain’t necessarily so.
Your Super can have negative returns where your balance goes down to the extent you have less than your opening balance and in retirement (like me) that can impact your income.
With shares (well the right ones) the capital value of the shares may drop but you still receive your dividend (income). So for my worst performing shares in terms of capital value, ie they’ve dropped the most, I’m still receiving an average of 8.04% return on my original investment it never goes negative as it can with Super. It only hurts if you have to sell the shares when they’re low.
Nothing’s perfect so yeah, confess I use Super but I reckon holding a mix of investments is best.
Just don’t buy shares as a short term investment.
Oh yeah, when shares go down, so do most Super balances.

Quoting paulybronco on 26 Feb 2020 05:19 AM
Your spot on . Not sure how Ross thinks his money goes up when the market crashes...

Quoting Ratbob on 26 Feb 2020 05:50 AM
Yeah, I guess Ross could have an investment option that doesn't include exposure to shares, but these seem to give only a 3% or so return, still beats cash.

Super invests in 3 things...Cash...shares....property. The only way to make money in a sideways or declining market is to short the market. He is either very skilled or an accomplished gambler to regularly make money that way

RossW
4 years ago

Quoting Ratbob on 25 Feb 2020 11:43 PMedited: 25 Feb 2020 11:44 PM
That ain’t necessarily so.
Your Super can have negative returns where your balance goes down to the extent you have less than your opening balance and in retirement (like me) that can impact your income.
With shares (well the right ones) the capital value of the shares may drop but you still receive your dividend (income). So for my worst performing shares in terms of capital value, ie they’ve dropped the most, I’m still receiving an average of 8.04% return on my original investment it never goes negative as it can with Super. It only hurts if you have to sell the shares when they’re low.
Nothing’s perfect so yeah, confess I use Super but I reckon holding a mix of investments is best.
Just don’t buy shares as a short term investment.
Oh yeah, when shares go down, so do most Super balances.

Quoting paulybronco on 26 Feb 2020 05:19 AM
Your spot on . Not sure how Ross thinks his money goes up when the market crashes...

Quoting Ratbob on 26 Feb 2020 05:50 AM
Yeah, I guess Ross could have an investment option that doesn't include exposure to shares, but these seem to give only a 3% or so return, still beats cash.

IF you are contributing a fixed amount iof your salary to superannuation, then when the investment units are cheaper, you get more of them for the same amount of cash. Then when they inevitably go up again, you gain more.

paulybronco
4 years ago

Quoting paulybronco on 26 Feb 2020 05:19 AM
Your spot on . Not sure how Ross thinks his money goes up when the market crashes...

Quoting Ratbob on 26 Feb 2020 05:50 AM
Yeah, I guess Ross could have an investment option that doesn't include exposure to shares, but these seem to give only a 3% or so return, still beats cash.

Quoting RossW on 27 Feb 2020 01:48 AM
IF you are contributing a fixed amount iof your salary to superannuation, then when the investment units are cheaper, you get more of them for the same amount of cash. Then when they inevitably go up again, you gain more.

Ah ha the old glass is half full strategy.

beaglebasher
4 years ago

Quoting paulybronco on 24 Feb 2020 09:07 PM
If you have a few $ under the mattress today gents is your day to make a few bucks on the stock market. On the other side of the coin if you have some super try not to look at the balance today. Going to be a bloodbath....thanks China for the Corona Virus

You giving us financial advice now pauly? Should we buy any more shares tomorrow?

Looking forward to your expert opinion.

paulybronco
4 years ago

Giddyup its a selling frenzy......

GeeBee
4 years ago

Quoting paulybronco on 27 Feb 2020 11:48 PM
Giddyup its a selling frenzy......

Giddy up buy a share in a racehorse . Much more fun ! ( no guarantees on the return though)

paulybronco
4 years ago

Quoting paulybronco on 27 Feb 2020 11:48 PM
Giddyup its a selling frenzy......

Quoting GeeBee on 28 Feb 2020 06:36 AM
Giddy up buy a share in a racehorse . Much more fun ! ( no guarantees on the return though)

There are only a few guarantees in life..making money on the stock market is not one of them.

HOG63
4 years ago

Except this guy.
Hoping it’ll go away...

wello
4 years ago

i bought a compressor : ))

paulybronco
4 years ago

Quote source removed.
Ha Ha i think the saying goes"How do you make a small fortune trading shares.....start with a large one"!

paulybronco
4 years ago

Quote source removed.
LOL thats called insider trading....an you will have every night sleepless with big bubba giving you a good old rooting!

paulybronco
4 years ago

Quote source removed.
I am sure that your aware that if you sell for a loss that the loss can be carried forward for an offset against future capital gains. You have essentially given yourself a credit for the future.

Retroman
4 years ago

Quoting Baloffski on 25 Feb 2020 11:30 AM
The plans of 'mice and men'. Now where the fuck did that saying come from?
I packaged out in 2014, with a very nice stipend ( being the adjective, 'allowance' after near 30 years service to the one company, witha year of long servitude thrown in, plus monies for every year service, plus blah blah.
I've been taking 100 K a year out of my super for the last 5 years
I'm now near broke. Fuck that went quick, but thats life. Shoulda inveasted in a new body as i have to work till I drop. Matter a fact if I new I was going to live this long I woulda looked after myself better.
I'm sure your aware it can become a 'bad habit' when you stop working. having a plan is the idea, I had very bad financial direction given to me.
Fuckit is only money.
Who can realiably predict the direction of the market, super schemes have been flowing well for a few years now. But...

$100K per year tax free ? Chit mate you must have been living the life..
Just sayin'. Lucky to be you. I am already resigned to be working until 67 AT LEAST.
61 at the mo' so it is and will continue to be a subject that will ALWAYS be forefront...

paulybronco
4 years ago

For the dooms day theorists watch the market kick on today. Not saying its heading back to record heights but will give a solid shove today. If the reserve bank reduce the interest rate it will really kick.

wello
4 years ago

hope my super goes up again .. i tried not to look but couldnt help it .. i was down around 25 k .. which wasnt as bad as i had thought .. my mate was down 110 k : O

paulybronco
4 years ago

Quoting wello on 03 Mar 2020 12:24 AM
hope my super goes up again .. i tried not to look but couldnt help it .. i was down around 25 k .. which wasnt as bad as i had thought .. my mate was down 110 k : O

LOL it goes up and down mate.....tomorrow the sun comes up and away we go again

ralphski
4 years ago

don't buy shares, in general, for maybe weeks, if not months.
there will always be shares to buy, but they'll take time to find.
cutting 25 basis points won't do anything for the economy, and reserve bank only have 2 more @ 25 basis points in their pocket.
you can make $$$$ in the share market and you can lose $$$$ aswell.
you need to spend time in research, annoucements, volumes etc etc
just my 2c's worth

keith
4 years ago

Quoting ralphski on 07 Mar 2020 01:33 AM
don't buy shares, in general, for maybe weeks, if not months.
there will always be shares to buy, but they'll take time to find.
cutting 25 basis points won't do anything for the economy, and reserve bank only have 2 more @ 25 basis points in their pocket.
you can make $$$$ in the share market and you can lose $$$$ aswell.
you need to spend time in research, annoucements, volumes etc etc
just my 2c's worth

Agree Ralphy, surprised no share tips been touted on this thread ? 'Todays the day to buy' apparently toilet paper a good investment and in demand.

mickle
4 years ago

Quoting ralphski on 07 Mar 2020 01:33 AM
don't buy shares, in general, for maybe weeks, if not months.
there will always be shares to buy, but they'll take time to find.
cutting 25 basis points won't do anything for the economy, and reserve bank only have 2 more @ 25 basis points in their pocket.
you can make $$$$ in the share market and you can lose $$$$ aswell.
you need to spend time in research, annoucements, volumes etc etc
just my 2c's worth

Well you were a great fucking help.

ralphski
4 years ago

Quoting ralphski on 07 Mar 2020 01:33 AM
don't buy shares, in general, for maybe weeks, if not months.
there will always be shares to buy, but they'll take time to find.
cutting 25 basis points won't do anything for the economy, and reserve bank only have 2 more @ 25 basis points in their pocket.
you can make $$$$ in the share market and you can lose $$$$ aswell.
you need to spend time in research, annoucements, volumes etc etc
just my 2c's worth

Quoting keith on 07 Mar 2020 01:54 AM
Agree Ralphy, surprised no share tips been touted on this thread ? 'Todays the day to buy' apparently toilet paper a good investment and in demand.

you're onto something Keith.

Topics

2/4

Todays the day to buy

Todays the day to buy

paulybronco

RossW

paulybronco

beaglebasher

paulybronco

GeeBee

paulybronco

HOG63

wello

paulybronco

paulybronco

paulybronco

Retroman

paulybronco

wello

paulybronco

ralphski

keith

mickle

ralphski