Shorts will be wiped out, page-43

First 43 Last

Share
Profile

Follow
stayer

4,717 Posts.

37

01/11/18

16:23

Post #: 36354879
Share

Originally posted by stayer ↑

Yes jack..I had Mel too...still have some...that corella well was conventional too...try telling greenies that! I should have sold day they got government payout or court case victory whatever it was!
I started in shares when 17...over 35 yrs ago...small inheritance from grandfather ...few g... bought repco from memory then I think renison ...then good old beach! Compounding and delayed gratification are powerful things...plus if u know you’re way round the sharemarkets, even better...only way to do that is to start!
Nearly always had funds in shares, sold fair amount to buy a house in 1989, though sold fair few in late 1999 and other times when market hot, normally to buy land..use as deposit. Still would have been better off sticking with shares, but I sleep better having a spread of assets.
Debated myself two months ago whether to take lot of cash out...America was worrying me,even back then....we in oz should have longer till a peak, but housing here now a worry...and flow on effects...not cashing in, but will selectively dwindle over next few months I think. Fang stocks bloody ridiculous in states I think too![

I should add we are getting late in the decade....often a bit of a hairy time...or cyclical peak...I fancied we might have gone well in the markets till early next decade, but don’t claim to know or have the answers

Expand

SXY Price at posting: 40.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

HotCopper Highlights: Your most watched stocks for Week 46, 2024

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

There are more pages in this discussion • 7 more messages in this thread...

First 43 Last

Add SXY (ASX) to my watchlist

Shorts will be wiped out, page-43

Top Stories

HotCopper Highlights: Your most watched stocks for Week 46, 2024

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Cyclone signs MOU with Vale for development of Iron Bear play

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Banshee's historic trenches prove rich in antimony and gold for GDM

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain