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?


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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 .

if your stocks are good stocks.  just ignore the ups and downs

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 ..


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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.