strikingsunset Posted October 3, 2019 Share Posted October 3, 2019 Here we go again -it took me a year to recover my position - now back to last October’s level, a mate said Bloomberg commented that equities haven’t moved up in the last 2 years just been volatile.Im really thinking if/when i recover the 3 per cent i’m down go into blue chip corporate bonds and fixed interest and settle for c 2.5 p/c per annum.Any thoughts out there?Sent from my iPhone using Thaivisa Connect Link to comment Share on other sites More sharing options...
William Osborne Posted October 4, 2019 Share Posted October 4, 2019 Its slightly down over 12 months but up about 14% over 2 years....not including 2% yield If you dont need cash next 5 years your better off in stocks and top up monthly if you can. Bond prices can also go down so not as safe as people think and i dont think you'll get 2.5% on cash . Link to comment Share on other sites More sharing options...
yogavnture Posted October 4, 2019 Share Posted October 4, 2019 if your stocks are good stocks. just ignore the ups and downs Link to comment Share on other sites More sharing options...
strikingsunset Posted October 4, 2019 Share Posted October 4, 2019 Thanks William Osborne and Yogavnture - it’s been a good run over the last 10 years - just the curent impasse is frustrating - ill stick with the long term view then - don’t need to cash out for the foreseeable future ..Sent from my iPhone using Thaivisa Connect Link to comment Share on other sites More sharing options...
Thailand J Posted October 4, 2019 Share Posted October 4, 2019 In the last 3 days Dow lose a few hundred points , it was because of the Septemper ISM report. Manufacturing PMI=47.8, from 49.1 in August Service PMI=52.6 , from 56.4 Above 50 implies expansion, below 50 means contraction. But there is another survey by IHS Markit showing both PMI's are above 50. Services PMI=50.9 Manufacturing PMI=51.1, from 50.3 in August Manufacturing is only about 12% of US total GDP, nevertheless it's an important sector. https://www.thebalance.com/u-s-manufacturing-what-it-is-statistics-and-outlook-3305575 Today Dow recovered somewhat, thanks to the good job reports especially the July and August revisions. Link to comment Share on other sites More sharing options...
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