Why is it an all or nothing bet? Can you not manage the risk better than being at the mercy of a tanking trade?
Why TLS?
Id say if youre scared about the market going down on you, then perhaps the peace of mind of the property investment will suit your risk profile.
As for will the market go down further, it most definitely can. Look at everything that has hit and plagued the market of late from within the last 9 months, to the last 3 years.
It hasnt gotten under 3900 pts in recent times. So what will it take to make the ASX sink under 3900.
Our strong AUD hasnt helped our companies either with being profitable, so in my opinion the market can only grow. Having said that China will be an issue. While I dont beleive its as bad as its made out to be, the fact of the matter is if growth is slowing down in China, there will be less demand for our resources/commodities.
If Australia wasnt so reliant on commodities as a net export, it perhaps wouldnt be much of an issue.
I think there might be more to be made with TLS than passive property in the next 5 years, but guess work really, the market is unpredicable or we would all be in Monaco sipping champers with swimsuit models.
You "think" isnt showing much confidence, but what do you base this on?
I dont know anyone who "knows" do you ?
I expect property to tank, it's started already, more unemployment, large mortgages and so on.
Thanks for your thoughts on TLS it all helps with my decision making, but in the end it's a leap of faith whatever you do.
You "think" isnt showing much confidence, but what do you base this on?
I had a quick look at the financials of TLS to see if there was anything there that could shed some light.
I know of late the share price has had some good movement but looking at its financials I think its an accident waiting to happen.
I notice that in the recent financial year it paid more as a Dividend payout than it made through earnings.
The following year will be a 100% dividend payout on projected earnings and then the year after not much better.
Unless the company takes on massive debt, this doesnt cater for any growth in the company.
So for my liking TLS is ringing alarm bells.
Mr.Burns, you really should have a read of Unholy Grails by Nick Radge. Take charge of your investments.
CanOZ
There are more investment advice books out there then there should be I think.
Whatever.....
I didnt mean to be ungrateful, why is it better than the others ?
It documents some facts that are very useful for those with an open mind to investing.
CanOz
Edit:fair comment about there being too many investment books around...for the record this is my last book on trading, and i picked the best for last. For once in my life i now know that I'm finally on the right track with my trading and investing. Rince and repeat.
Mr.Burns, you really should have a read of Unholy Grails by Nick Radge. Take charge of your investments.
CanOZ
CanOz, I've been meaning to buy and read that book for some time, so I've just ordered it. The best price I found was at fishpond.com.au whom I have never shopped with before. That said, given the income investing thread Mr Burns started a couple of weeks back, I'd say he is looking at TLS as a fully franked income stock rather than a trade. That said, if "Unholy Grails" has anything to say about position sizing and capital preservation risk management that might be of interest to Mr Burns. TLS currently represents a bit under 7% of the share portfolio I manage.
Mr.Burns, you really should have a read of Unholy Grails by Nick Radge. Take charge of your investments.
CanOZ
Ok bought, it'll take up to a month for delivery
For an extra $5 you could have got it direct from TheChartist in 2 days, signed by Nick as well.
CanOz
Can you guys please stop talking sense!
This is the panic thread.
No place for chat about Radge's World. That's for the dull areas where real money is made.
Now back to it
http://m.cnbc.com/us_news/47074259/1
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