31
Was the market expecting better than that? I bought at 5754 this morning and now we're on 5555...?
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32
Shares / Re: RA or the other stuff
« on: May 12, 2013, 10:39:16 am »
It depends on a number of things. The interest rate on your car loan. Your expected return on investment, and your financial discipline.
If your car loan in at 10%, that would mean putting cash into it gives you a guaranteed 10% return. The only investment that may beat that is the stock market. But in a bear market it won't. On top of that you need to make sure your disciplined. If you don't put the money into the car, and only invest half and spend the other half you'd be at a big loss.
My opinion is to pay the car, house and especially any credit card debt you may have, then worry about investments, unless you've got one of those low interest or no interest deals.
If your car loan in at 10%, that would mean putting cash into it gives you a guaranteed 10% return. The only investment that may beat that is the stock market. But in a bear market it won't. On top of that you need to make sure your disciplined. If you don't put the money into the car, and only invest half and spend the other half you'd be at a big loss.
My opinion is to pay the car, house and especially any credit card debt you may have, then worry about investments, unless you've got one of those low interest or no interest deals.
33
Shares / Woolworths
« on: May 06, 2013, 02:31:28 pm »
I'd meant to top up my holdings a couple of weeks back, but wasn't paying enough attention. Now we've had a sharp rise. It still looks like fair value to me, even at a p/e of 25, but I'm wondering if we'll see another dip like we had in early April to take advantage of. It is for my long term portfolio so I know timing isn't as important here.
Any thoughts on retailers in general? SHP is also well below it's January levels, though at a p/e of 27 I just can't bring myself to buy
Any thoughts on retailers in general? SHP is also well below it's January levels, though at a p/e of 27 I just can't bring myself to buy
34
Shares / Re: Long term investments
« on: April 09, 2013, 05:00:40 pm »
We have a lot in common:
BTI
CML
SAB
SHP
WHL
BTI
CML
SAB
SHP
WHL