Although I DCA couldn't help pick up a sly additional tranche. Plenty of powder dry if we see 4xxx.
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Although I DCA couldn't help pick up a sly additional tranche. Plenty of powder dry if we see 4xxx.
Got to spend money on stuff you like every so often else what is point of investing and having cash? and without people splashing the companies earning would be depressed and it would be bad for us stock holder
it can be super profitable observing what people spend money on and buy business that rake in from that perspective
Apple
Samsung
Disney
Nike
etc etc
Also trying to put considerable thought into some tech based companies. Particularly ones that have yet to IPO (Uber, AirBnB etc etc). Their ability to scale adds to considerable upside.
Johnpendles if you are looking to businesses with large ongoing competitive advantages and economic moats id steer clear of tech companies...many are one major technological innovation away from share price oblivion. The large IPOs are really fully costed and it's just a punt.
If you are looking for set and forget, look to consumer staples or just buy the index. I'd rather Nestle, Proctor and Gamble, Johnson and Johnson share certs in the top drawer for 20 years rather than Apple, Samsung or Facebook...but that's just me I suppose.
Morgan Stanley was holding an ?overweight? recommendation on BHP Billiton prior to a site visit with a $44 a share price target.
Read more: http://www.smh.com.au/business/mark...ns-to-weigh-20141002-3h2t0.html#ixzz3Ewsfcxgq
Is this for real? BHP at $44?
That's probably a 12 month price forecast. It was only a few weeks ago that it was near $40.00.
I suppose a falling Aussie dollar might help them in the medium term once the sellers have stopped selling.
Up till now iron ore demand in China has been fairly steady, but due to increasing supply (something BHP is partly responsible for) the price has fallen.
Could be good for BHP in the long term, forcing out high cost producers or snapping them up.
Goodness knows what will happen to the price of BHP in the short to medium term if China iron ore demand declines as it's expected to do.
I am praying that you are right. I recently purchased a 15000 BHP share parcel at 35.77.
So what? You're $36k down. Wont you just have to put your retirement off 2 extra days to pick that $$$ back up?
pinkboy
1. The lower dollar boosts the repatriated profits of companies with significant overseas operations.
2. Rising import prices will bring some relief for Australian-based manufacturers.
3. A lower dollar makes export prices more attractive for overseas buyers, boosting our domestic output.
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