Australian (ASX) Stock Market Forum

Inflation

Well on that topic, would you be interested in a direct trade?

I have a bridge in brooklyn I'd like to sell you :p
sounds better than a beachfront property in Arizona

but maybe moXJO has a regular source of income ( or family commitments )

we can't all be cranked to 11 24/7

but yes , sometimes a stock mention in this forum leads to more detailed research ( maybe even a winner )
 
No, nobody around here is doing that:


you are correct

jogging in this area at 3 am will get you shot ..

A. by the police thinking you are a burglar

B. by the junkies thinking you are a mule ( or on the way to work )

and i don't have a goldfish

and the ISP is so pathetic the fish is liable to die of old age before the market chart loads
 
So after a lot of success in stock market trading and making enough to trade my car in for a newer version I'm now going to do the same thing with my wife and trade her in for a younger model as well. The ongoing maintenance costs have just been killing me.

The car was costing a lot in upkeep too.
 
Just in case anyone's wondering just how much you didn't actually have to think about what to buy lately so long as you bought SOMETHING:

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That's everything since the low of the 14th. Aside from the dow (which has been a junk play since forever), you're not that far behind no matter what you bought.

I'd just like to take credit for tipping NRGU as the best of the bunch however ;)
 
As an income focused person I found it productive to buy no matter when. The dividend/distribution income I received was up just under 8% compared with the previous FY.

I don't expect it to increase this FY by the same amount given the high distributions last FY by an EFT I hold which accounted for the largest portion of the increase but I do expect it to increase nevertheless through holding a greater number in each of the LICs/ETFs.

For the one direct share, which I haven't added to, no idea but as long as it funds my interstate trips I'll accept what it pays me.
 
i was thinking companies ( and LICs ) would have to increase divs, to help the SP. rise after all interest rates are rising and if you shop hard you can get 2% ( plus ) in a term deposit , so was thinking this reporting season would be more uneven ( commodity stocks seeing some love , and retail stocks facing a struggle for buyers )


however the market action of the QBE results seemed to contradict that

are we looking at a rush to park cash ( in the market )

maybe i have been watching the wrong places but i haven't seen anything to buy so far in August
 
i was thinking companies ( and LICs ) would have to increase divs, to help the SP. rise after all interest rates are rising and if you shop hard you can get 2% ( plus ) in a term deposit , so was thinking this reporting season would be more uneven ( commodity stocks seeing some love , and retail stocks facing a struggle for buyers )


however the market action of the QBE results seemed to contradict that

are we looking at a rush to park cash ( in the market )

maybe i have been watching the wrong places but i haven't seen anything to buy so far in August
more like 3% in term deposit im getting 2.5 - 2.6% in simple savings accounts...
 
more like 3% in term deposit im getting 2.5 - 2.6% in simple savings accounts...
i don't follow them closely ( any more ) but was asked to look around near the end of June

cheers

( lost the fascination for term deposits as the bail-in laws gradually strengthened )

however if a share( or LIC ) needs to pay 3% a year to look competitive as an investment , you wonder what will propel the share price if earnings are weak
 
i don't follow them closely ( any more ) but was asked to look around near the end of June

cheers

( lost the fascination for term deposits as the bail-in laws gradually strengthened )

however if a share( or LIC ) needs to pay 3% a year to look competitive as an investment , you wonder what will propel the share price if earnings are weak
I never held a td and probably never will. I need my funds ready right there to strike, probably I will never own investment property either, not be confused with ppor... until we became another state of China
 
Companies, including LICs, do not raise dividends in an attempt to raise the share price or look competitive in comparison with term deposits. To even think they do is inane. "Oh look Mum, the yield has gone from 3% to 4%. How competitive! Er, the amount of the dividend has remained the same, dear, but the price has gone down."

At a fundamental level price is driven by supply and demand. Investor activity factors in profits along with earnings projections.
 
Companies, including LICs, do not raise dividends in an attempt to raise the share price or look competitive in comparison with term deposits. To even think they do is inane. "Oh look Mum, the yield has gone from 3% to 4%. How competitive! Er, the amount of the dividend has remained the same, dear, but the price has gone down."

At a fundamental level price is driven by supply and demand. Investor activity factors in profits along with earnings projections.
yes , you are correct , but people like me take note of historical div. payments ( as well as forecast divs ) as a way to assess an acceptable price to buy in ( or add more ) , therefore you have a lack of price support until a reasonable yield v. investment cash

now to some that looks like a discount to NTA , ( often inspiring the board into share buy-backs )

needless to say that i am more likely to buy ( or add more ) when a LIC is trading at a sizable discount to NTA ( providing i like their strategy , i don't just automatically buy them because they are cheap . )

i am also aware there are times when certain strategies are more popular than others ( but i am more likely to buy when they are less loved )

in previous times i had a habit of buying corporate debt at a discount to face value as well

however my mom died several years before this investing adventure so i don't consult her

do i compare yield ( on investment cash ) to risk perceived ( on each target ) ABSOLUTELY

another thing i consider in buying a LIC is the amount of bank stocks in that LIC since bank bail-ins are now an acceptable outcome ( to our government regulator )
 
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