Just read a book that claimed (trivia) ...
If your grandfather (or great-grandfather) had invested 5,000 pounds or $10,000 in the local Stock Market in 1900, (and kept reinvesting dividends etc) then it would be worth $2.7million in about 2002.
Which means that you could do the same for your grandkids-
trouble is by 2100, $2.7 million will probably be enough to buy em a Big Mac lol.
"Also since about 1992, your money would have quadrupled" - no mention if they'd allowed for inflation- bludy useless these trading books lol.
£5,000 was an enormous amount of money in 1900.
The happiest people in the world are those who love ducks. Ten is a very lucky number for siblings for obvious reasons or is it ducklings.
The stars, infact every star sign shows, that a Duckman is likely to have very good fortune. Indeed, everyone should have at least ten ducks.
If you also have a duck billed platypus in your near vacinity as well, then your luck is in for the whole of 2008 and onwards to 2012.
However, if you have eaten a duck then your future is dim, infact you are doomed my friend. Unless of course you rear 10 ducklings quite quickly.
As China has sadly had desperately fowl, sorry foul weather recently, and they have announced that the celebrations for the new year will begin 7 days late and be renamed "The Year of the Duck".
Wow!! Thanks Noirua. Only just saw this thanks to Julia.
I am feeling luckier already. Seeing as this Duck is also a Rat, I might be double lucky this year...........maybe even.....no I won't say it......or will I....
OK, I'll say it. Maybe even Bemax's SP will increase this year!!!
Duckman
...a Scarab is a type of dung beetle, held sacred by the Ancient Egyptians. It collects dung in small pellets, which it rolls underground, and in these it lays eggs. The Egyptians regarded it as a symbol of eternal life and rebirth.
I reckon you're up for a good year this year, too, Duckman.You little beauty Noirua!!!!! Does your prediction of good luck have no end????????!!!!!!!!
You are not going to believe this but I think I am the luckiest person IN THIS COUNTRY, as not only am I a Duck, that is a Rat, that is a holder of Bemax shares but I also have a scarab on my knee from falling over last week whilst grovelling to Mrs Duckman.
This is going to be a brilliant year. I can feel it.
Duckman
In my neck of the woods a scarab grub is the larvae of the cane beetle or the Christmas beetle. It is the reason the cane toads were introduced, to reduce the damaging effects of the grub. Get yourself a pet cane toad and you will cure the problem. You could nickname the toad "Lucky."You little beauty Noirua!!!!! Does your prediction of good luck have no end????????!!!!!!!!
You are not going to believe this but I think I am the luckiest person IN THIS COUNTRY, as not only am I a Duck, that is a Rat, that is a holder of Bemax shares but I also have a scarab on my knee from falling over last week whilst grovelling to Mrs Duckman.
This is going to be a brilliant year. I can feel it.
Duckman
...Australia (XAO / All-Ords)
From 1982 to 2007's high the XAO had increased 11% compounding over 25 years.
From 1982 to 2003 the XAO had increased by 10% compounding over 21 years.
From 2003 to 2007's high the XAO had increased 22% compounding over 4 years.
If we had another 22% rise in Australia in 2008 and the Dow had no growth, this would bring us in line with the Dow's 1982 to 2007 figure of 12% compounding as above.
My guess is that mining in Australia from the likes of BHP over the past 5 years has only added a few percent to that 22% compounding figure above. For example both CBA and WOW both have increased 20 odd percent compounding over the past 5 years.
View attachment 17828
So the over all market was flat for 20 years, then raised for 15 years, then went flat for 15 years and raised again for 25 years.
What next? Just thinking out loud and tring to work out what I am going to do...
View attachment 17831
I don't feel safe with my superannuation in shares over the next 10-20 years! I guess alot of people just added to their share super'. Hmmmm
Look out The Debt Bubble.....
Whats with the increase with volumes over the last 8 years?
...
I don't feel safe either mr lol
but here's some more nonsense from "history"
As they say , history is "just one damned thing after another" - and no guarantee of what the future will do. But fwiw, here's some more on the same vein..
you're right of course - though "incomplete" is more accurate than "misleading" I'd've thought.Hi 2020, that chart of returns up to 2001 could be very misleading as the China-India 2003 -8 boom period is completely missing.
Don't you think that 1986 -2001 is really a past that is best lost for ever as miners move strongly forward in the new millenium? :aus:
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