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Well done guys, lots of people making lots of money on this one and on SEA. SSN should go, its undervalued in my opinion. That Goshen sale was worth at least 4c.
Big smiles on everyones faces today.
yes indeed, Bolly bands point to another surge
re getting back in at 1.115, i'm not sure it will get that low in the short near future.
(I do not hold AUT, i chose GGE GGP)
yes indeed, Bolly bands point to another surge
re getting back in at 1.115, i'm not sure it will get that low in the short near future.
(I do not hold AUT, i chose GGE GGP)
RE: Condog, wouldn't he have made more money with less risk by just chucking the lot on AUT? ;D
Obviously in hindsight the other shares have overall underperformed, relative to the risk free bank rate and his major performer AUT. However at the time the other shares had potential, which may have not been realized as of yet. What if instead of putting 60k in AUT and the rest in the bank, he put 60k say, in TLS (lol) and the rest in the bank.
You can only make large risk free gains in the sharemarket with hindsight.
I have a freind who has a $500,000+ portfolio
He has approx 22 stocks.
He is up $48900 on AUT with a balance of approx $82000
In total his portfolio is up $75,000 for the 12 months.
Now its funny when assessing risk. Some people would say holding big parcels of stocks like AUT is way to risky.
But imo that person could have made way more then his entire profit with simply buying $60,000 AUT and placing the other $400,000+ in term deposit at 7%. Earning a further $28,000 in a term deposit. Surely thats less risk then holding 22 stock and having $500,000 + invested in the current market.???
One to ponder imo ???
lol a banana day hey condog!
AUT has been showing some good momentum of recent well done!
I'm on the sidelines a bit green with envy at all the AUT green whilst getting smashed over at SSN.
That is not a question to answer unless you identify the other stocks. I hold well over 22 stocks and some are much better performers than AUT. eg.LYC and NTU are well past AUT for performance at this stage. EKA matches AUT for me. My best performer overall is CER. I also have a few poor performers that I would not think of selling because of the potential for future gains. BUL, TAS and EDE for example.
I'm a fan of AUT and will hold it for a long time but it is not the only kid on the block.
That is not a question to answer unless you identify the other stocks. I hold well over 22 stocks and some are much better performers than AUT. eg.LYC and NTU are well past AUT for performance at this stage. EKA matches AUT for me. My best performer overall is CER.
It's interesting to see which stocks you mention there. I hold all of those good ones except NTU. While LYC is up for me even more than AUT, I think it's higher risk and I invested less in it. LYC was pretty certain to rise sometime, but China's reduction in rare earth exports recently put a rocket under it way sooner than I'd have expected. AUT is way more advanced in its project, so I considered it a much lower risk.
Just my opinion here: Too much diversity is tedious and too much work. Almost 1/3 of my portfolio is EKA and AUT.
I though ASX has a market maker scheme does it not?, so a firm is responsible for generating liquidity and populating the bid-offer spread, in return they get minor discounts on trade cost?
Its perfectly normal, except when it is one sided.
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