XAO Banter Thread

[Quant]

10 years of S&P/ASX 200 Franking Credit Adjusted Annual Total Return Index (Superannuation). I'd have thought that beats cash. You said in an earlier email that cash is outperforming over 10 years, do you have a figure?




Someone who started 5 years ago would be quite happy. Different timing, different perspective.

running 10 year return on ASX200 accumulation index is 49% , hardly nothing to sneeze at considering GFC in middle

 

[Toyota Lexcen]

http://www.rba.gov.au/statistics/cash-rate/

thats the cash rate, so probably add about 1.5-2% margin onto that, but approx. 5years ago you could of got a 5yr TD for 7.5% PA

 

[Quant]

http://www.rba.gov.au/statistics/cash-rate/

thats the cash rate, so probably add about 1.5-2% margin onto that, but approx. 5years ago you could of got a 5yr TD for 7.5% PA

Yeah and all that TD is taxable , not sure what your point is tbh . 5 years ago the accumulation index 1 year rolling return was 12.1% predominantly tax paid if we going apples for apples , 4 years ago the accumulation index 1 year rolling return was 26.8% ... circles here

 

[MrBurns]

DOW up 371

ASX up 24

 

[Porper]

DOW up 371

ASX up 24

Been the same for years now. XJO in a bear market bounce, DOW in a bull market. Not going to change any time soon i.m.o.

 

[MrBurns]

Been the same for years now. XJO in a bear market bounce, DOW in a bull market. Not going to change any time soon i.m.o.

We seem to go down with them but not the other way round.

 

[Wysiwyg]

We seem to go down with them but not the other way round.

Makes one appreciate the few bull markets in an average financial lifetime.

 

[InsvestoBoy]

DOW up 371

ASX up 24

Actually if you look at the US market overnight the DIA (Dow 30 ETF) was up 2.09% on close while the EWA (MSCI Australia ETF) was up 2.91%.

People always forget to account for the currency differential.

 

[InsvestoBoy]

running 10 year return on ASX200 accumulation index is 49% , hardly nothing to sneeze at considering GFC in middle

View attachment 68715

That's only 4% per annum CAGR though, isn't it? Not much better than cash, especially if comparing volatility?

 

[Wysiwyg]

Big reversal with the Frump camp gaining the lead.

 

[Toyota Lexcen]

yep just ridiculous,

is this investing?

 

[MrBurns]

Big reversal with the Frump camp gaining the lead.

I think people expect Clinton to win in the end.

 

[Tightwad]

got to remember middle america is mostly red, a lot of blue states on the west coast that haven't started yet. still would like to see florida blue

 

[Klogg]

yep just ridiculous,

is this investing?

Those that are truly investing see this as noise, or even opportunity.


Buffett's analogy is the best on this:

It should be an enormous advantage for investors in stocks to have those wildly fluctuating valuations placed on their holdings — and for some investors, it is. After all, if a moody fellow with a farm bordering my property yelled out a price every day to me at which he would either buy my farm or sell me his — and those prices varied widely over short periods of time depending on his mental state — how in the world could I be other than benefited by his erratic behavior? If his daily shout-out was ridiculously low, and I had some spare cash, I would buy his farm. If the number he yelled was absurdly high, I could either sell to him or just go on farming.

I think people expect Clinton to win in the end.

I wouldn't be so sure. Sportsbet odds have come in for Trump for $9 to win to $2

 

[smallwolf]

I think people expect Clinton to win in the end.

watching 9 live ... someone respectable (?) over there has Trump at 64% likely..... watch out below!

 

[Toyota Lexcen]

Not sure got 50yrs to sit on farm, XAO back at 2005 levels

 

[notting]

This is about the first time I have ever been happy that we are open during the US night.
Totally playing the panic as it unfolds. We normally lose so much opportunity on the gaps.
Awesome

 

[Toyota Lexcen]

Will be down another 2-2.5% tommorow with either trump or Clinton

Everything is negative for stocks in Aus at moment, then the Fed in Dec, there every chance your capital will be your capital in 5-10yrs time

 

[MrBurns]

This should be accurate -

http://www.nytimes.com/elections/results/president

 

[Wysiwyg]

Read the thread! All my calls have been spot on lately.

Wooly flock is on the way.