Thanks Hamster
Nicely done Patrick. I was all set on adding monthly - but you've pretty much convinced me to invest the 30K now. Or maybe 10K p/m over the next three months. For the life of me, cannot understand how come the miners are recovering extremely well, whereas the commodity prices are not - or as least, haven't recovered in a big way.
Yeah, it was your comment that made me pause. I must say though, the last few days big run up in the markets again has me thinking what if... It feels almost like last year where things are really high, but we're not sure whether we're only just starting the recovery, or if it's just some greed in the market. Then again here's a 2 year graph for the indi and divtrx which I intend to buy:
The divtrx is still 13% off it's high from May last year while the indi is about equal to that, but about 4% off it's October high. I guess I'll just go with the research and pull the trigger when the funds clear.
As for the miners, I'm about as confused as could be. Don't have the faintest idea what's going on there. It's not like our labour issues are anywhere near sorted, and commodity prices have a long way to go before I would have thought they'd make an impact. Another notch on my bedpost for not being able to pick shares I guess!
