how much have you lost in the stockmarket
- Thread starter vla
- Start date
Interesting.....wonder how many margin calls there's been this week?????
Do you mind revealing what your margin utilization was on 1/1/08???
Would it have been above 50%????
i.e.
Margin Utilization = Loan Value / (Share Portfolio Value * Maximum Gearing Ratio)
where
Loan Value = Total Amount Bank is prepared to lend whether utilized or not.
Share Portfolio Value = total of bank's and your money in shares currently
Max. Gearing Ratio = average gearing ratio across portfolio
at least some people here have done well in the past...I've never made a cent from the stockmarket.
Buy when I'm not buying and sell when I'm buying...you will do very well
So Sue tell us your current plans.....
So Sue tell us your current plans.....
Yes, Sue, are you buying any shares, if so please let us know first.....
That's a very big OUCH!!!
SMSF is down about $35,000, but not at all worried - have seen it all before! Not yet as bad as '87 - that was messy! There's a bit of lazy cash sitting around in the SMSF, so might be time to go on a little shopping spree ..... soon.
Cheers
LynnH
Our portfolio is down 5% since the peak of the market in early november.
I'm glad I sold the more risky stuff late last year.
Not panicking, taking opportunity to buy good value stocks.
Cheers,
I'm glad I sold the more risky stuff late last year.
Not panicking, taking opportunity to buy good value stocks.
Cheers,
I got the jitters last August when the market started doing weird things. I withdrew my funds {most from UBS Property} Decided to stick with picking my own co's and plowed most of those funds into a speccy. Least that way, if things go pear shape, Ive only got myself to blame! My spec has more than doubled since August and if Im reading the signs right, its got a long way to go yet.
I was gobsmacked to read yesterday that UBS Property had a massive loss resulting in its value dropping about 25%. Needless to say....Im very happy.
I was gobsmacked to read yesterday that UBS Property had a massive loss resulting in its value dropping about 25%. Needless to say....Im very happy.
Sootygirl
Well done
You are sooo lucky, this was a difficult one to predict.
UBS should recover though, their losses are mostly due
to their involvement with the Centro chain.
Cheers
Haven't 'lost' anything, but by current MV I am down about 13% overall.
Just had my friendly call from Amy at ANZ Margin Lending again. Just pumped another $21K margin call to push me back into buffer. The full margin call was $55K and I might yet have to fork out the other $34K tomorrow. I don't like picking bottoms, but sometime soon would be nice...
Still but now , soon
Cheers,
Michael
Still
but now , soon Cheers,
Michael
What? You mean like the supermarket property trust which I will not name but who is not doing so hot atm? Just as well I didn't buy their shares.
Ouch. I bought into a speculative last week and it quartered in value on open today. *gulp*
