NEW STOCK MARKET TERMSCEO --Chief Embezzlement Officer.CFO-- Corporate Fraud Officer.BULL MARKET -- A random market movement causing an investor to mistakehimself for a financial genius.BEAR MARKET…Continue
Tags: stockmarket
Started Oct 13, 2008
Hi all, just wondering if anyone can shed some light on what the comparison rate means? The reason I ask is that I saw the HSBC ad here, and they have an interest rate and also a comparison…Continue
Started this discussion. Last reply by patric p Sep 2, 2008.
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but i have been looking to buy more shares since the prices and dividends look attractive right now. the only thing i keep telling myself is to be patient because it'll take a few years for the market to recover.
actually, the really attractive market for me is the property market. with lower price and lower interest rate, now we have a better chance to have a positively geared property investment. just don't expect that you could flip it with 100k profit in a year :D but the rent (which will always increase) will be a really nice extra income.
what do you think? how has this whole GFC (apparently it's not official unless you abbreviate it) affected you?
Things have been up and down as the stock market, lols... Trying to keep my head above the water, made a few good decisions, purchased a few good shares when they were at the lowest and made a few bad decisions but hey thats the game isn't it...
Good to see things are well at your end, hw is the trading going for you.
Tc.
Well, i dont want to overestimate but if i keep doing what i'm doing now (and save even more) and follow my plan consistently (and mute the negative voices in my head), i will get there on time :)
Just dont get sucked in to the theory that encourages you to be a millionaire ONLY when you're retired (and implies that you cannot do it sooner). Why do you want to wait til you wrinkle to be financially independent?
With the right mindset and plan, people our age (<30) can be a millionaire by 40 easily and comfortably.
I know you can!
Have a wonderful day.
Colleen
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