AFF Member Stock Discussion

[I love to travel]

With China slowing down and talk of a US recession next year this week will be really interesting. There may be more sellers than buyers in some areas of the markets but maybe the US large tech companies will report good profits.

Well dow recovered overnight and Musk bought Twitter so who knows?

 

[Mr_Orange]

Musk bought Twitter

A curious decision, I must say. $61b.....

 

[Mr_Orange]

Well dow recovered overnight

The ASX must not have noticed. Down over 170 points so far today.

 

[Dr Ralph]

I've been loading up on WAM as its price is around a one year low. I've owned this stock for sometime now. Reliably paying 6 to 8% fully franked dividend.

 

[I love to travel]

Market didn't seem too fussed by rate rise

 

[glasszon]

The rate rise has been priced in already a few days ago, question is how aggressive the rate tightening turns out to be and whether it triggers a recession in the next year or two.

 

[Mr_Orange]

a recession in the next year or two.

There won't be one. Quite the opposite over the next 3-4 years, in fact.

 

[SydneySwan]

There won't be one. Quite the opposite over the next 3-4 years, in fact.

I hope you are right. I am not quite as optimistic with all the black swans currently in play - Ukraine conflict, China Covid response, etc.

 

[MARTINE]

I hope you are right. I am not quite as optimistic with all the black swans currently in play - Ukraine conflict, China Covid response, etc.

One thing I have observed is the usual rules re: black swan events have not always turned out as predicted.
… who would have predicted the boom (houses/ecomony) when the market early 2020 was in the gutter and Covid took hold?

My personal rules are no debt/buy lots of shares when market down but invest regularly no matter what and spread the risk.

Will see how it plays out

 

[Mr_Orange]

with all the black swans currently in play

They are really cygnets and not large enough to derail what is preordained to happen.

 

[cove]

For a birthday present I opened a Commsec account for my niece.
To get that lower brokerage she has complied with the rules to get $10 trades.
When I did this for SIL she had Calidus drop in price but now she has shares in a gold producer with lithium exposure and her shares are up a chunk.

 

[tgh]

bbrrrrrr… bit chilly round here atm….waiting patiently for the ordained "Orange" bounce….

 

[Mr_Orange]

bbrrrrrr… bit chilly round here atm….waiting patiently for the ordained "Orange" bounce….

You timescales are all wrong. Markets don't go up or down in straight lines.

 

[MARTINE]

You timescales are all wrong. Markets don't go up or down in straight lines.

Just did a bit of a shop - the usual BHP TCL WES
…we always want to eat, drive and (well) BHP dividends

 

[ramamba]

Just did a bit of a shop - the usual BHP TCL WES

I wasn't sure what to go with, so just as usual bought the whole lot (VAS)

 

[MARTINE]

I wasn't sure what to go with, so just as usual bought the whole lot (VAS)

I might do some with my VGS international fund tomorrow if all still rubbish

 

[jellybelly]

The definition of mixed emotions is when you place a low price limit order on shares you already own and it trades.

 

[Dr Ralph]

I'm on CMW, HVST and WAM today.

 

[cove]

A bit more turmoil in the US tonight so Wait Awhile would seem like a good idea.
Inflation is high so that messes up lots of businesses.
BHP for your SMSF to get a very large franked dividend this year was a brokers suggestion.

 

[I love to travel]

Cromwell has had a decent drop. Can't see any reason why.