One thing that really annoys me about many financial journalists and market commentators is they often imply that that they have some unique insight into the market, yet they rarely disclose how they took advantage of their wisdom.
Entries Categorised as 'Stockmarket'
July 4th, 2008 · No Comments
Back in March this year, I tentatively outlined my market forecast for 2008 based on a number of assumptions as contained in my blog: Are we near the bottom. Since I am the first to admit that forecasts are rarely 100% (or even 80%) correct it would seem now is a prudent time to review my assumptions and update my forecast to cover the last 6 months of this year and a little into CY2009 as well.
July 2nd, 2008 · No Comments
Goodbye FY2007/2008 and thanks for nothing. Let’s hope FY2008/2009 will be better and we can all plug some nasty little leaks in our portfolio’s. Being an optimist I believe at some point in the next 12 months we will see equities post some modest gains, although after a horrid June I must admit my cheerful disposition was tested. Thankfully I was able to find my Spinal Tap DVD and this put all my problems in perspective, I was after all only dealing with investment portfolio problems, not a poorly sized Stonehenge stage prop or disputes about an album cover.
June 25th, 2008 · No Comments
Well what a terrible first half of 2008 and a shocking close to the financial year. After watching the market over the last week or so, I decided the best course of action was to finish work just after lunch and catch up with some reading and movie watching. One thing I was not doing was selling as I have no idea why people wait until this time of year to sell and take tax losses. In fact I picked up a few small parcels of shares as I hope we will see some upward market movement in July.
June 5th, 2008 · No Comments
Investing in the stock market recently has not been a lot of fun. Many people would be holding some stocks in their portfolio’s that have been savaged with quite a few stocks 40-60% lower than they were just 6 months ago. It is not just the small caps that have been hit either, even the usually reliable banks have been hit hard and it can all make one feel a little depressed at times.
May 16th, 2008 · No Comments
There appears to be an ever increasing number of stock market related websites and no shortage of stock tips and market advice available to us all. But who should we listen to, and where are some good sources of stock market insights?
April 10th, 2008 · No Comments
Sometimes, and I mean only sometimes, I look back at things I have written and they actually make sense. So today I will indulge myself and review some of the comments I have made in editorials I have written for the shareswatch blog. For in uncertain times, it is often useful to spend a moment or two reflecting on the past.
March 23rd, 2008 · No Comments
One thing all investors would like to know is if the Australian Stock Market has reached a bottom and when things will start to recover. Like everyone else, I cannot predict the future but I can at least outline what I think (hope) will happen and how I am positioning my own investments.
March 10th, 2008 · No Comments
Well it is hard to stay optimistic after stocks take yet another tumble and even harder when you look at the charts for 2008. It has been pretty much all downhill this year and the doom and gloom crowd are having a great time telling everyone they saw it all coming. (mind you they saw it all coming in 2006 and 2007 as well as I recall)
February 12th, 2008 · No Comments
Let me first start by saying I think any predictions about the future are best described as forward looking guesstimates. So before reading on, please remember this is just my view and I am not aware of any ability I have to see clearly into the future.