I hope so, I'm still in acquisition phase
With the way the top asx 20 have been in the downtrend for several weeks now,i just hope investors can think up some new arguments to convince themselves to buy in a downward trend..
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I hope so, I'm still in acquisition phase
With the way the top asx 20 have been in the downtrend for several weeks now,i just hope investors can think up some new arguments to convince themselves to buy in a downward trend..
Current yield on Big 4 on past 2 dividends at today's pricing:
NAB: 6.23%
WBC: 5.95%
ANZ: 5.83%
CBA: 5.20%
These are net. Include franking credit and you're up between 7.43% - 8.9%
pinkboy
Hence the expectation that these dividends will drop.
How much have those banks just dropped in value?
WBC and NAB down from $40 to $31 at present.
pinkboy
Is the market going to tank anytime soon, any thoughts?
Whirlpool has an interesting discussion.
http://forums.whirlpool.net.au/forum-replies.cfm?t=2290394&p=60
Buffett only 'dollar averages'
where it makes sense to do so.
That doesn't mean 'ohw the market is down 10% better start dollar averaging'.
Buffet would have an idea on what the actual 'value' is against the current shareprice.
So for those out there just spouting 'buy the dips', do you really know what the value is first.
Without knowing the value, how can you know whether its time to dollar average.
In Basic English if an onion is worth $5. It was trading for $10. Its now selling for $7. Is it now of value??????
When looking at broad measures such as the ASX200, high yielding funds etc.
Your job is more complicated. You need to calculate a weighted mean of value.
Anyway, so many new commers to this forum. all with their ideas.
IV will be taking a back seat.
The recent rights issue affected NAB SP too. Same if you look at BHP and don't consider the S32 spin off.
Buffett only 'dollar averages'
where it makes sense to do so.
That doesn't mean 'ohw the market is down 10% better start dollar averaging'.
Buffet would have an idea on what the actual 'value' is against the current shareprice.
So for those out there just spouting 'buy the dips', do you really know what the value is first.
Without knowing the value, how can you know whether its time to dollar average.
In Basic English if an onion is worth $5. It was trading for $10. Its now selling for $7. Is it now of value??????
When looking at broad measures such as the ASX200, high yielding funds etc.
Your job is more complicated. You need to calculate a weighted mean of value.
Anyway, so many new commers to this forum. all with their ideas.
IV will be taking a back seat.
^ What you're describing doesn't sound like dollar cost averaging at all though
IV will be taking a back seat.