Recent content by Gendry

I bought Nanosonics last year with a small amount of speculative money, and am happy about it :) Longer term / broader investment - VTS (more recently VGS) been very good to me over the last year or two. Be even better if the AUD keeps falling. Surprising that it didn't fall today after the cut!

so.... the OP was right, you have nothing to add then, just more patronising comments

Paul Keating. Floating the dollar, setting up superannuation, etc. It's just an association people have, that Liberals are "good with the economy" and it's reasonably baseless. What I find hilarious is asking someone who holds these simple beliefs why the budget deficit is a bad thing. Roger...

You've probably already been been advised of this, but as your experience has shown but three stocks really isn't enough for a buy and hold portfolio. You don't necessarily need 200-300 ala an Index Fund, but I'd imagine 10-20 minimum. You could do less, but you have to really understand them...

Plenty of people have indeed been trying to pick the bottom with mining service companies, oil companies, BHP and RIO. Most of the time it's silly though. People think "oil has gone down 50% it'll have to go up 50% soon" but they forget that the lower levels were abnormally high. Its actually...

My thoughts exactly! It is incredibly satisfying isn't it? Well, as long as you do it correctly... :p

Agree with every word. Australian companies lag behind the rest of the world in many areas. Partly because we are a small and isolated market in many areas, so it's both very difficult and not very financially rewarding for foreign companies to challenge our entrenched oligopolies. Apart from...

Why QOZ over MVW may I ask? You were posting earlier about avoiding MVW due to turnover / churn, but I thought I read a while ago that QOZ was very high in turnover.

1. The call was made that Islam was to be equated with being backward and illiterate 2. Perp called out the poster on the bigotry of his comments, using Christians in Uganda as an example of how other groups commit atrocities, not just Islamic groups. 3. Ausprop accuses the thread of "defending...

It's just tragic how atrocities get used for political purposes. For example, around 2000 people were recently murdered in Nigeria in one of the biggest massacres of late, and there was almost no mention of it in the media. 2000, not 12. The difference is, one happened in a Western country vs...

I don't usually read this sort of thing, but I must say I found this article quite compelling: http://redflag.org.au/node/4373

Let's all refer back to this thread in a year and we will see how WES/WOW performed :)

Erko, do you know if the US shares component of VGS would use the total market index, the same as VTS does? Or something similar to the S&P500? The ETF is new and I can't find info on it yet, but I think it is the same as their International Shares Index Fund I saw some article recently that...

^ I posted about this a few pages back. But realised that I didn't actually include the link to the thread I mentioned. It's quite informative.

Well talk about hysteria. I think all credibility has gone in this thread once people start saying things like "the ABC is communist." So instead of listening to the terribly communist and biased Australian Broadcasting Corporation (because we all know how the government of Australia and it's...