So_Cynical
The Contrarian Averager
- Joined
- 31 August 2007
- Posts
- 7,467
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- 1,469
Your question does not seem to have been answered yet but I, for one, certainly see nothing dishonest in your remarks. Rather, I viewed it as being very open.
Perhaps another reflection of the difference between sitting in front of a keyboard rather than in front of a person?
Regards
Rick
I thought it was pretty obvious rick.
I don't think princeplanet is being honest with us or himself...he clearly has no idea and i just tried to cut through the crap and get to the point where he comes out and says it, or goes away and gets an idea.
Comments like "I don't know how to read them! Small caps seem very volatile" and " The majors seem safer to me. How is this wrong" i mean seriously...RIO going from $85 to $49 in 15 months seems safer? The QBE dividend has been almost halved in the last 12 months while the share price has fallen 40% in 2 years...the CSL dividend has been stagnant for 4 years.
The top 20 certainly seem safe to me.
I thought it was pretty obvious rick.
I don't think princeplanet is being honest with us or himself...he clearly has no idea and i just tried to cut through the crap and get to the point where he comes out and says it, or goes away and gets an idea.
Comments like "I don't know how to read them! Small caps seem very volatile" and " The majors seem safer to me. How is this wrong" i mean seriously...RIO going from $85 to $49 in 15 months seems safer? The QBE dividend has been almost halved in the last 12 months while the share price has fallen 40% in 2 years...the CSL dividend has been stagnant for 4 years.
The top 20 certainly seem safe to me.
Also, might it be true that if a major goes through a bad patch, it's more likely to recover eventually than a small cap? Even if it takes years. Surely more smaller companies go broke than the biggest ones. What am I missing here?
You could always just put money into the Index...
I thought it was pretty obvious rick.
I don't think princeplanet is being honest with us or himself...he clearly has no idea and i just tried to cut through the crap and get to the point where he comes out and says it, or goes away and gets an idea.
Comments like "I don't know how to read them! Small caps seem very volatile" and " The majors seem safer to me. How is this wrong" i mean seriously...RIO going from $85 to $49 in 15 months seems safer? The QBE dividend has been almost halved in the last 12 months while the share price has fallen 40% in 2 years...the CSL dividend has been stagnant for 4 years.
The top 20 certainly seem safe to me.
Agree with TikoMike and Rick. We all started somewhere. I know I asked some questions which I realised later seemed very dumb, and I probably still do.What is with the attack on someone who is probably quite new to stocks? Yes he made a statement but it looked to me like a question within that statement. What an arrogant post. Seriously, get off your high horse.
I was going to mention ETF's.
Princeplant take a look at ETF's, maybe worth your while. Things have changed a lot in the ETF world in the last couple of years.
Now you can buy the top 50, top 200, top dividend payers, currency ETF's, property, resources, bonds etc.. You got the lot now. By buying 1 ETF you can cover the sector of your choice, depending on the fund of course.
Some providers you can look at are Vanguard, Betashares and State Street Global Advisors, some very good products out there. Good luck.
Agree with TikoMike and Rick. We all started somewhere. I know I asked some questions which I realised later seemed very dumb, and I probably still do.
Let's encourage new people, not put them down.
WBC is yielding about 6.4% and TLS 6.5%. I don't expect any earnings growth from WBC over the next couple of years.
If she does, she's far from being on her own. Most economists (yes, I know they're often wrong) are predicting at least one more cut, maybe more.This just seems nuts to me. Can't believe Gail Kelly thinks there will be another interest rate cut.
Correct. Yet Mr Swan insists the interest rate cuts are purely on the basis that the government's successful economic management has made it possible. Never mind that when they were last as low he claimed they were at 'emergency levels' because of the direness of the GFC. People see businesses closing down all around them, friends losing jobs, etc, and give little credit to Mr Swan's claimsThat puts us on a more conservative footing than during the GFC pumpkin smashing.
I suppose it's a case of fear outweighing practical considerations of lower interest payments, given the unresolved situation in Europe and the US, not to mention the political uncertainty here.Consumer sentiment? c'mon, surely people are feeling happy with less interest being paid.
Or are we all in surplus and losing on the doposits?
This just seems nuts to me. Can't belive Gail Kelly thinks there will be another interest rate cut.
That put's us on a more conservative footing than during the GFC pumpkin smashing.
Consumer sentiment? c'mon, surely people are feeling happy with less interest being paid.
Or are we all in surplus and losing on the doposits?
It was a pretty general sort of question and not an unreasonable one imo. Didn't actually seem to me to be specifically asking for advice.Why would you an online forum of anonymous people about the big four banks? We aren't your financial adviser, beginners lounge or not. The quality of any advice or suggestions or opinions given here will vary greatly, if you're going to invest in the market PLEASE have an idea of what you're doing. Do not rush in, the market will be here tomorrow, learn enough about the market so YOU can answer the question of are the big four banks good value/have a good year etc.
Does anyone think the big 4 banks are NOT a solid investment for the coming year?
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