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No Growth in Shares for 15 Years

Discussion in 'Shares' started by Tim, 27th Jul, 2008.

  1. Tim

    Tim Well-Known Member

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    Lismore NSW
  2. austing

    austing Well-Known Member

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    I've seen even more dire predictions for property. So that doesn't leave much other than cash, gold, a bunker in the backyard and an AK-47 to guard the stash. Maybe a few bottles of rum to boot:D

    Cheers
     
  3. Jen

    Jen Member

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    One analyst I subscribe to mentioned a ten year bouncing around before taking off again. He used Elliott Wave analysis
     
  4. bennymarsh

    bennymarsh Well-Known Member

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    Anyone looked at Japan's returns for the last 20 years????? (although if you ignore the bubble it's not quiet so bad!).

    [​IMG]

    Ben
     
  5. AsxBroker

    AsxBroker Well-Known Member

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    Does this mean he is going to the be the "retired reknowned investment specialist"?

     
  6. Billv

    Billv Getting there

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    Tim

    The US has already slowed down but China is still expanding very quickly and demand for our raw materials will continue because these are not only used for the manufacture of goods but also for the modernisation of China.

    I've read somewhere that the Chinese are building a new city the size of New York every 6 months, this won't stop overnight.

    I am told that China have more money than they can burn, they will have to do something with it and what better way to spend it than infrastructure?

    And speaking of infrastructure, our federal as well as state governments
    have announced massive spending in this area.
    Oz companies are going to construct those projects and I know for sure that they won't be bidding if they were not going to make money.

    Also, our banks are in much better shape than US/intl banks
    and even in times like these they are able to increase their profits.

    So to summarise things, the future of our Engineering, construction, resource and banking sectors is looking good.

    However, in my opinion our share market could be in for a long turbulent ride but only because of it's links to the US markets and not because Oz companies won't be making money.

    Cheers
     
  7. lorrimer

    lorrimer Well-Known Member

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    The American market has already gone nowhere for ten years.
    I think we are now living in a new age where developments in new technologies has meant that companies are now far more efficient in terms of production, which should have a big impact on earnings going forward. Advances in medical science could be a major driver with new treatments for aids, cancer and heart disease boosting the average lifespan
    World population growth is also leading to increased demand for goods and services.
    If we can get through this current turmoil without too many more nasty surprises, I think the future looks very rosey.
     
  8. lorrimer

    lorrimer Well-Known Member

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    One more thing, I don't trust any of the so called market guru's.
    They should be called market manipulators instead. In many cases their objective is to create buying opportunities by panicking the little guy into bailing out of the market at the worse possible time. Soros is one of the worst and he has made a absolute fortune out of it over the years.
     
  9. bennymarsh

    bennymarsh Well-Known Member

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    Well said Bill! It's bizzar how closely we still follow the US market on a day to day basis!