Positive news

Discussion in 'Share Investing Strategies, Theories & Education' started by hillsguy, 28th Aug, 2008.

Join Australia's most dynamic and respected property investment community
  1. hillsguy

    hillsguy Well-Known Member

    Joined:
    25th Aug, 2015
    Posts:
    499
    Location:
    Adelaide
    Hi all, just wandering if anyone could share some positive news/ outlook for the Global or Australian economy ?

    We need some balance from all the doom and gloom.

    Sim - anyway to pull up some old video archives of the good times ?
     
  2. lorrimer

    lorrimer Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    154
    Location:
    Brisbane, Queensland
    Ok,I'll start. Interest rates are on their way down rather than up, starting next week.
    One day the credit crisis will be over, could be 3 months, could be 18 months who knows?
    But whilst it continues it's presenting to us a whole load of undervalued stocks that could easily bounce by 20% or more.
    The longer it drags on, the more people become immune to all the bad news and start looking to the future again instead.
    Finally one of the biggest positives, the USA will soon have a new president.
     
  3. Smartypants

    Smartypants Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    202
    Location:
    NSW
    Ummm.....The ASX was up 1% today :)
     
  4. Glebe

    Glebe Well-Known Member

    Joined:
    29th Sep, 2019
    Posts:
    819
    Location:
    Central Coast NSW
    Can't wait!
     
  5. hillsguy

    hillsguy Well-Known Member

    Joined:
    25th Aug, 2015
    Posts:
    499
    Location:
    Adelaide
    OK - how about ...

    1) An Interest Rate Cut almost certain

    2) Good time to get into property and share market

    ...
     
  6. Nodrog

    Nodrog Well-Known Member

    Joined:
    28th Jun, 2015
    Posts:
    11,376
    Location:
    Buderim
    A number of wise and wealthy veteran investors have reminded us lately that it is times like these where long term investors make their fortunes. I gladly follow this advice as these guys have seen this so many times before. I have personally been fortunate to get to know more than a few very wealthy old investors who love it when these situations arise. Buy like mad in periods of gloom and spend the rest of the time at the beach, fishing and golf course etc until the next bear market comes around.

    Choose your mentors wisely.

    Cheers - Gordon
     
  7. BillV

    BillV Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    1,555
    Location:
    Sydney
  8. Smartypants

    Smartypants Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    202
    Location:
    NSW
    ...and likely to come down another 0.25% next month
     
  9. TryHard

    TryHard Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    661
    If I had to give up half our net wealth to get that bumbling hayseed out 2 days earlier, I happily would. Well that's not true, but he's a freak of nature anyway :eek: That's a family with some serious issues.
     
  10. BillV

    BillV Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    1,555
    Location:
    Sydney
    Has the market turned?
    My UGL shares are nearly 50% up since their lows a couple of months back

    cheers
     

Build Passive Income WITHOUT Dropping $15K On Buyers Agents Each Time! Helping People Achieve PASSIVE INCOME Using Our Unique Data-Driven System, So You Can Confidently Buy Top 5% Growth & Cashflow Property, Anywhere In Australia