The JSE and finance forum for South Africa
General Category => The Investor Challenge => Topic started by: Patrick on October 03, 2014, 08:47:09 am
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http://investorchallenge.co.za/wouldnt-it-be-great-if-the-markets-crashed/
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Nice , well done. ;D
>:( - I see nothing wrong with my buy high sell low philosophy :frustrated:.
PS. Mr Beerholder has all his beers in 1 box, not good.
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China is taking all the free cheese today in the market.
my whole portfolio ( 57 shares over 14 sectors and some ETF's) has dropped between 0.5% and 10.88% today.)
hope they give me discount on sushi!
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Keep buying and eventually your cheddar stack will resemble the Shanghai Tower ;D
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Great post P. As I have retired, I cannot take a 50% dip but I might still survive if I change my eating habits by eating what my food ate and chucking in a tin of cheap tuna with Chinese 1 minute noodles.
This should bring my monthly expenditure down to R7k pm from the R9k. I have gone off red meat anyway and am on a low carb diet so no beer or beans on toast for me.
I am not a prophet of doom and gloom but here is a YT video posted 10 days ago of an interview with a global economist that accurately predicted the 2007 crash. What he predicts here has perhaps begun now bearing in mind that he said "in 2 weeks time" 10 days ago.
Watch from 21:20
https://www.youtube.com/watch?v=_Ic1iD9SNog
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Great post P. As I have retired, I cannot take a 50% dip ...
I'd like to hear how your investment strategy for dealing with market down swings post retirement.
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@tmsf12. I don't have a strategy so I will need to get high growth as quick as possible. This I do with buying strong growth stocks that have not yet had a down cycle and dumping them when they do. CML is a good example. I am hoping ADI and PGR will follow CML's pattern.
If the markets carry on down in the days ahead then I will pretty much be in the putty.
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@Orca, I hope for your sake you bought more cheese, yesterday.