Comments on: Oil, gold, the Dow Jones and the ASX All Ordinaries. http://www.shareswatch.com.au/blog/stockmarket/oil-gold-the-dow-jones-and-the-asx-all-ordinaries/?utm_source=rss&utm_medium=rss&utm_campaign=oil-gold-the-dow-jones-and-the-asx-all-ordinaries Views about the Australian stock market, shares, the economy, investing, politics and world events. Fri, 10 Feb 2012 09:23:14 +0000 hourly 1 http://wordpress.org/?v= By: Ned S http://www.shareswatch.com.au/blog/stockmarket/oil-gold-the-dow-jones-and-the-asx-all-ordinaries/#comment-5362 Ned S Mon, 16 Aug 2010 13:03:08 +0000 http://www.shareswatch.com.au/blog/?p=2756#comment-5362 The world is actually a bit of a mess Greg - Lots of issues but taking the long term view (20 years), a pretty big lump of the population in the developed world is going to retire. And they will start drawing down on their assets. Which pretty much says to me that no asset class is safe. Unless it's in a country that has a growing and/or especially frugal and productive population perhaps? But even then, if the big financials can keep feeding dough into them and then ripping it out, I wouldn't expect them to do overly well. The world is actually a bit of a mess Greg -- Lots of issues but taking the long term view (20 years), a pretty big lump of the population in the developed world is going to retire. And they will start drawing down on their assets. Which pretty much says to me that no asset class is safe. Unless it’s in a country that has a growing and/or especially frugal and productive population perhaps? But even then, if the big financials can keep feeding dough into them and then ripping it out, I wouldn’t expect them to do overly well.

]]> By: Biker http://www.shareswatch.com.au/blog/stockmarket/oil-gold-the-dow-jones-and-the-asx-all-ordinaries/#comment-5357 Biker Mon, 16 Aug 2010 05:39:57 +0000 http://www.shareswatch.com.au/blog/?p=2756#comment-5357 "The only person I’ve seen who can handle severe swings and still not be dissuaded to panic sell is Greg." In some respects they're very similar, Plornt. What really astonishes me is how much our son has in Super. I think he is applying Einstein's other theory: "The most powerful force in the universe is compound interest.” Being in the Uni Super fund, he's protected from exorbitant fees and commissions. We think he has also looked closely at our Super balance and has come to the conclusion that he probably _wasn't_ adopted. ;) “The only person I’ve seen who can handle severe swings and still not be dissuaded to panic sell is Greg.”

In some respects they’re very similar, Plornt.

What really astonishes me is how much our son has in Super.
I think he is applying Einstein’s other theory:
“The most powerful force in the universe is compound interest.”

Being in the Uni Super fund, he’s protected from exorbitant fees and commissions. We think he has also looked closely at our Super balance and has come to the conclusion that he probably _wasn’t_ adopted. ;)

]]> By: Plornt http://www.shareswatch.com.au/blog/stockmarket/oil-gold-the-dow-jones-and-the-asx-all-ordinaries/#comment-5356 Plornt Mon, 16 Aug 2010 05:09:23 +0000 http://www.shareswatch.com.au/blog/?p=2756#comment-5356 "He has accumulated a _lot_ of shares in the last couple of years. He is a brilliant mathematician. Says he’s there for the long term, perhaps two decades. Maybe he knows what he’s doing… ." Alot of people say they have the patience to stay for 2 decades but I think thats a very rare quality. Hopefully your son is one of them, wish him well. The only person I've seen who can handle severe swings and still not be dissuaded to panic sell is Greg. He seems to have the right mental makeup to handle very long term holding. <i>All posts by this poster is not financial advice or a reccomendation to do something. Can change my mind quickly on any decision I make, given markets always change. Have positions in instruments discussed unless otherwise indicated. Be sure to seek and take personal professional advice from someone familiar with your circumstances and needs.</i> “He has accumulated a _lot_ of shares in the last couple of years. He is a brilliant mathematician. Says he’s there for the long term, perhaps two decades. Maybe he knows what he’s doing… .”

Alot of people say they have the patience to stay for 2 decades but I think thats a very rare quality. Hopefully your son is one of them, wish him well.
The only person I’ve seen who can handle severe swings and still not be dissuaded to panic sell is Greg. He seems to have the right mental makeup to handle very long term holding.

All posts by this poster is not financial advice or a reccomendation to do something. Can change my mind quickly on any decision I make, given markets always change. Have positions in instruments discussed unless otherwise indicated.
Be sure to seek and take personal professional advice from someone familiar with your circumstances and needs.

]]> By: Biker http://www.shareswatch.com.au/blog/stockmarket/oil-gold-the-dow-jones-and-the-asx-all-ordinaries/#comment-5353 Biker Mon, 16 Aug 2010 04:28:59 +0000 http://www.shareswatch.com.au/blog/?p=2756#comment-5353 "Biker your 20% entry and exit foray into the XAO last year probably outperformed about ~80%? of people in the markets atm. Buy and hold forever is gambling." Perhaps even higher than 80%. Only one of my mates decided I was right... and followed me in... and out. (His wife didn't.)+ Too early an exit, as Greg has noted. I called the low, set a sell... and bailed when it came. My Super fund initially tried to dissuade me, from bailing at 6250, BTW. It was still gambling!~ You may recall my eldest* is doing just that- buying and holding- in indexed funds. Not really 'holding', I guess, in that he sells pre-dividend.... then buys back post-dividend. He has accumulated a _lot_ of shares in the last couple of years. He is a brilliant mathematician. Says he's there for the long term, perhaps two decades. Maybe he knows what he's doing... . + Mine did. * 28 “Biker your 20% entry and exit foray into the XAO last year probably outperformed about ~80%? of people in the markets atm. Buy and hold forever is gambling.”

Perhaps even higher than 80%. Only one of my mates decided I was right… and followed me in… and out. (His wife didn’t.)+
Too early an exit, as Greg has noted. I called the low, set a sell… and bailed when it came. My Super fund initially tried to dissuade me, from bailing at 6250, BTW. It was still gambling!~

You may recall my eldest* is doing just that- buying and holding- in indexed funds. Not really ‘holding’, I guess, in that he sells pre-dividend…. then buys back post-dividend. He has accumulated a _lot_ of shares in the last couple of years. He is a brilliant mathematician. Says he’s there for the long term, perhaps two decades. Maybe he knows what he’s doing… .

+ Mine did.
* 28

]]> By: oil/gold http://www.shareswatch.com.au/blog/stockmarket/oil-gold-the-dow-jones-and-the-asx-all-ordinaries/#comment-5271 oil/gold Tue, 10 Aug 2010 07:13:50 +0000 http://www.shareswatch.com.au/blog/?p=2756#comment-5271 All look ready for a small pullback or some sideways price action. The Dow closed lower, while the market absorbed another run higher for crude oil prices. Global oil and gold prices ended the week on a positive note mainly on rising thanx for oil,gold All look ready for a small pullback or some sideways price action.
The Dow closed lower, while the market absorbed another run higher for crude oil prices.
Global oil and gold prices ended the week on a positive note mainly on rising
thanx for oil,gold

]]> By: Greg Atkinson http://www.shareswatch.com.au/blog/stockmarket/oil-gold-the-dow-jones-and-the-asx-all-ordinaries/#comment-5166 Greg Atkinson Mon, 02 Aug 2010 02:25:00 +0000 http://www.shareswatch.com.au/blog/?p=2756#comment-5166 Knowing my luck gold will rise and stocks and oil will fall :) But my old friend the BDI is still rallying and getting up near 2000 so it is looking like a Q3 rally across the markets might be brewing. Knowing my luck gold will rise and stocks and oil will fall :) But my old friend the BDI is still rallying and getting up near 2000 so it is looking like a Q3 rally across the markets might be brewing.

]]> By: Plornt http://www.shareswatch.com.au/blog/stockmarket/oil-gold-the-dow-jones-and-the-asx-all-ordinaries/#comment-5130 Plornt Thu, 29 Jul 2010 07:59:49 +0000 http://www.shareswatch.com.au/blog/?p=2756#comment-5130 Good analysis Greg. Good analysis Greg.

]]> By: Biker Pete http://www.shareswatch.com.au/blog/stockmarket/oil-gold-the-dow-jones-and-the-asx-all-ordinaries/#comment-5127 Biker Pete Thu, 29 Jul 2010 06:31:08 +0000 http://www.shareswatch.com.au/blog/?p=2756#comment-5127 Interesting insights, Greg. You may right on the money with gold and oil predictions. Hope you're also right about the ASX, as both our sons are very much committed to indexed funds. Getting our eldest son's mail while he's travelling in Europe. He has a very hefty tax bill! I must try to figure out what he's actually doing... and exactly _how_ he's doing it!!~ Interesting insights, Greg. You may right on the money with gold and oil predictions. Hope you’re also right about the ASX, as both our sons are very much committed to indexed funds.

Getting our eldest son’s mail while he’s travelling in Europe.
He has a very hefty tax bill! I must try to figure out what he’s actually doing… and exactly _how_ he’s doing it!!~

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