numbercruncher
Beware of Dropbears
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You mean the US fed dont you ? no way will the RBA do that and especially not in one hit.
Following the herd
- Thread starter Synergy
- Start date
You mean the US fed dont you ? no way will the RBA do that and especially not in one hit.
Sean K
Moderator
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RBA's going to raise rates aren't they?
Nyden
G.E. Money Genie
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Indeed.
numbercruncher
Beware of Dropbears
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To stick with the Inflation 2 to 3pc mandate they should raise rates, but I wouldnt be surprised that at this next meeting they hold because of turmoil in markets, personally I think they should rise, Inflation is clearly to high.
Nyden
G.E. Money Genie
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Interest rates aren't designed to calm the stock markets. The markets are a gamble. Bear markets, recessions, & crashes are all a part of the game, & it's the RBA's job to curb inflation, not soothe the markets.
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Personally, I think they will pause...
When you see the banks raising rates without the RBA's official direction, I smell a Rat! Coupled with the fact they refuse to raise the investors cash rate, I think the banks are just looking after their own margins.
A rate rise will definately styme the economy, and send the AUD through the roof. While inflation is highish, I don't believe they will desire the repercussions of a rate rise.
RBA or any other central bank has the responsibility for overall stability financial system as a whole. I think they will play this role as lender of last resort tomorrow.
I am so confident that they will do something which makes me spend my last cents into the market today. Rich or broke is a question to be or not to be.
I am so confident that they will do something which makes me spend my last cents into the market today. Rich or broke is a question to be or not to be.
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i dipped my first toe in to the markets yesterday thinking we were as low as we'd go...wrong!
however im not selling for a loss on long trading companys ,history shows after a big fall, the market eventualy rises higher than ever before,besides
my scottish ancestry tells me never to loose money
could the over reaction to selling be predominently fuelled by too many people margin lending and being called?
however im not selling for a loss on long trading companys ,history shows after a big fall, the market eventualy rises higher than ever before,besides
my scottish ancestry tells me never to loose money
could the over reaction to selling be predominently fuelled by too many people margin lending and being called?
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Well that's one person who bought. A lot of people did.
I didn't.... Hope you all do well.
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You just have to stick through it.
No intelligent investor looks at the day to day volitility of the markets and frets over it. The way in which an average person who has done their research and studied the markets can make money guaranteed is in long-term value/quality investments.
Trying to make money in short-term speculation is 100% no different than gambling, it's impossible to consitently guess right.
But, through all the history of stock markets, a diversified portfolio invested in equities on a long term time scale will make solid gains and just blow guaranteed investments out of the water. The ups and downs people worry about now are almost invisible when you stand back and look at the charts over years which is what you ought to be doing if you're a smart investor.
Right now is all based in hysteria over fears of recession, but it's not reflected in value and the markets will correct themselves over the coming weeks. Now, whoever picks bottom is able to make themselves some good gains, even presently there are tons of solid long-term values out there - but everyone is waiting for the issues to work themselves out. The economy is slowed up right now, but it's not so horrible that people should be worried to the degree that the numbers have shown lately. It certainly isn't logic that drives the markets in times like these.
No intelligent investor looks at the day to day volitility of the markets and frets over it. The way in which an average person who has done their research and studied the markets can make money guaranteed is in long-term value/quality investments.
Trying to make money in short-term speculation is 100% no different than gambling, it's impossible to consitently guess right.
But, through all the history of stock markets, a diversified portfolio invested in equities on a long term time scale will make solid gains and just blow guaranteed investments out of the water. The ups and downs people worry about now are almost invisible when you stand back and look at the charts over years which is what you ought to be doing if you're a smart investor.
Right now is all based in hysteria over fears of recession, but it's not reflected in value and the markets will correct themselves over the coming weeks. Now, whoever picks bottom is able to make themselves some good gains, even presently there are tons of solid long-term values out there - but everyone is waiting for the issues to work themselves out. The economy is slowed up right now, but it's not so horrible that people should be worried to the degree that the numbers have shown lately. It certainly isn't logic that drives the markets in times like these.
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As long as your happy with the outcome... So, how much did you make?
It takes guts to buy when everyone is being negative.
TA2693 I remember reading once claimed (not in these words) "he was waiting for the crash". And above are some of his buys. I thought he might have waited some more.
So I missed the boat.
Julia
In Memoriam
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We'll see if you are right about "the markets will correct themselves over the coming weeks". Personally, I disagree and feel it will take a lot longer than a few weeks. You are right in saying it isn't logic which is currently driving the market.
However, no one approach is right for everyone. e.g. people nearing retirement who will need to draw an income from their capital are probably going to be less anxious if their capital is earning a comparatively unimpressive 7% than seeing it eroded at the rate of 5% per day!
And never underestimate the strength of pure fear. I doubt that all the people (and fund managers) who included Centro in their "Balanced Portfolios" are feeling too damn chipper right now. No one wants to be holding the next 'safe company' which goes the same way.
