How would you feel if the prospect for 'the market' was a decade of price stagnation? Have you considered that possibility?
Just curious...
im calling bottom
- Thread starter boomtown
- Start date
Just curious...
Smartest. Post. Ever.
May I sum up the prime cuts?
a) value (and ultimately price) is a function of long-term earnings*
b) value may be completely unrelated to the price speculators are willing to buy/sell for
* This is equally applicable to real estate. And funnily enough, the long-term earnings of real estate are much more predictable than company earnings.
If Im getting over 10% yield its not brilliant but I can live with it.
In part due to the fact that property usually isn't run by someone who is going to disappear with around half a billion dollars in golden parachute funds just before the crash.
You say that as though widespread corporate fraud and lax regulation was a bad thing.
Im calling low 3000 for ASX 200
Things are starting to look such good value on the stock market Im thinking of going there instead of real property for the next while. Not jumping in yet though by any stretch...
That's todays prediction is it boomtown
I wonder what tomorrows prediction will be sorry, couldn't help myself
dow at 8400ish - just where Cramer said it would go.
i wonder what will ahppen tonight - i'm calling a small sell off, then mixed reactions till a rally later in the week.
stil, predictions are pointless in a bear market.
i wonder what will ahppen tonight - i'm calling a small sell off, then mixed reactions till a rally later in the week.
stil, predictions are pointless in a bear market.
4 Corners on ABC TV right now guys and gals. US Sub Prime is the topic. very well done so far.
For those who think stock yields are great right now, a reminder of what can happen when times are tough.
GP
You two shouldn't be chearing on the share crash. Shares are just companies. Companies generate the real wealth of an economy, not property. If companies aren't making money, then the wealth can't be spent on property.
Now is a great time to be buying these great Australian companies. Anyone with a 10 year view will do well. Easy cash flow positive for lots of stuff. But if I'm wrong, and these companies go much lower, then the whole economy is really stuffed. That's when property will really tank. You two don't want to see that eh?
As I don't know when the bottom will be, I've been dribbleing cash in.
The low A$ will mean a lot of profits from resource companies will surprise when they come out in A$.
Shares and commodities are crashing because they are so liquid, and people are panic selling what they can to pay back debt. This is a once in a lifetime opportunity.
See ya's.
Now is a great time to be buying these great Australian companies. Anyone with a 10 year view will do well. Easy cash flow positive for lots of stuff. But if I'm wrong, and these companies go much lower, then the whole economy is really stuffed. That's when property will really tank. You two don't want to see that eh?
As I don't know when the bottom will be, I've been dribbleing cash in.
The low A$ will mean a lot of profits from resource companies will surprise when they come out in A$.
Shares and commodities are crashing because they are so liquid, and people are panic selling what they can to pay back debt. This is a once in a lifetime opportunity.
See ya's.
Hey topcropper,
Not cheering it on... just belive its artificial recovery at present... got no $ to put in market anyway.
http://au.youtube.com/watch?v=q9tzUwfqvJY&feature=related
intreresting re: inflation this is before fanny and freddie died.
Not cheering it on... just belive its artificial recovery at present... got no $ to put in market anyway.
http://au.youtube.com/watch?v=q9tzUwfqvJY&feature=related
intreresting re: inflation this is before fanny and freddie died.
Fair enough.
So why call share investors today suckers? I bet plenty don't give a stuff what the share does tomorrow, they are buying for the assets and the future dividends and the future growth in 10 years time.
It's no different to what you have been doing, buying cheap assets.
See ya's.
Exactly - couldnt agree more - its reached the stage now that (a) shares are really, really, (really!!!) cheap, or (b) they are fairly valued factoring in a serious recession and BIG falls in earnings going forwards.
If the answer is (b) property is also very very very over-valued.
I'm tipping (and hoping) the answer is (a)
You don't get it.
I bet most buying today don't care what the ASX is next week. I don't care.
If the ASX is 3000 next year, I will still be here, as I am debt free and have 80% of my assets in agricultural land which historically has little correlation to investment cycles.
ASX at 3000 next year, and I predict you will be in big trouble. So don't wish for it.
See ya's.
