What will the market look like in 10 years time?

[divs4ever]

i was thinking 2021 was more like 2007 with rocket engines , 2019 at least had underlying earnings to support the narrative of infinite growth .

this was one reason i use index funds as insurance against MY bad share selection NOT a major part of the portfolio , i tried those 'inverse index ETFs with some success ( but not the last parcel of BBUS ) but discovered the weakness of holding them longer term

sure i will look seriously at passive ETFs again once the market has crashed , but currently i would rather cautiously cherry-pick LICs and REITs

cheers

 

[Wedgy]

really puts the strain on the 'buy and hold ( 'blue chips' ) story , without accounting for the inflation over that time

i think you have strengthened my belief in staying vigilant over the portfolio

cheers

the BLY story brings tears to my eyes and i only held them between April 2013 to October 2014 ( buying from 95c down to 10c )

that 10c has been massively consolidated since so is no comparison to the current price

I am in the buy and hold camp, as about 80% of my portfolio is in high dividend yield blue chips, most doing well (best are NAB and AX1 up over 100% on purchase price) but one (AGL) I should of got rid of.

 

[JohnDe]

A very interesting read, thank you.

What about the next 10 years?

Artificial Intelligence will be used by everyone in one type of device or another.
EVs will be the dominant form of private transport, with a diminished number of automotive manufacturers due to either amalgamation or bankruptcy.
Robotics will be coming of age, used in man more industries and including stocking and transport.
We will see 'next-generation commercial space technologies' being used regularly.

Now the hardest part, picking the companies involved in those sectors.

 

[divs4ever]

A very interesting read, thank you.

What about the next 10 years?

Artificial Intelligence will be used by everyone in one type of device or another.
EVs will be the dominant form of private transport, with a diminished number of automotive manufacturers due to either amalgamation or bankruptcy.
Robotics will be coming of age, used in man more industries and including stocking and transport.
We will see 'next-generation commercial space technologies' being used regularly.

Now the hardest part, picking the companies involved in those sectors.

the hard part will be trying to calculate who is left working ... that workforce consumption is a economic force in itself ( what if there is no more lunch wagons [pies and drinks to blue-collar work-sites ] , a reduced need for workwear , etc etc )

and to make it worse BIG companies are slow to adapt , so growth will be limited

 

[Value Hunter]

Was just reading an article from the melbourne age about what stocks would be good to hold now until 2017.

I believe stocks such as :

UNI (medical supplies)
VCR (third generation artificial heart)
WPL (the price of oil is going up)
WOW (everybody has to eat)
PBL (agree with the article in regards to gambling in China)
PDN (will benefit from the consolidation of the uranium sector)

There are so many more that I could name but 6 is a good start.

Would be interested to hear peoples thoughts and what they are planning to hold longer term.

Below is a copy of the article.

Amusing to look back now how wrong most of Marcus Padleys predictions were LOL.

 

[divs4ever]

Amusing to look back now how wrong most of Marcus Padleys predictions were LOL.

could be worse , it could have been my portfolio ( in places ) and i only started in 2011

i didn't back losers all the time , but nearly all the big winners were a total surprise back to me