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The Forum > General Discussion > Investing in the share market wise or not?

Investing in the share market wise or not?

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Interest rates are low,and going lower, housing prices are falling
The economy may be at the beginning of real trouble
But shares are doing well, in this country at least
As investors look for profit our share market is giving double figure rises
For how long
What happens if things go bad, and what alternatives do investors have
Posted by Belly, Monday, 24 June 2019 7:17:31 AM
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The share market is the bane of our generation's economic woes !
Posted by individual, Monday, 24 June 2019 8:54:58 AM
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Any investment is only good, if you have good timing. Think of the big names of the 60s. Some got out at the right time, some went down with the market when the boom subsided.

Shares are not a buy & forget investment as they once were, many of the blue chips of old have now gone. Today it is an investment only for the active investor, one who will follow the market many times a day. Yes you can get rich, but tour shirt can disappear very quickly.
Posted by Hasbeen, Monday, 24 June 2019 9:50:36 AM
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Hasbeen right for the most part indy?
Knowing the right time is the question no one can answer
I have not much more than my funeral costs, and enough to transfer the house to a family member invested
In shares, and for now they are doing ok
Most super funds too have lots in them
A possible way around this [needs timing] is sell the shares now, at a high
Park the money and buy mid down turn
Park? say in bank? 0.75 percent, any profit may be lost as we may wait two years for it to come
So how would others invest right now
A PS is needed, my real wealth in my home, worth more than twice what I paid in 2002,it is also worth more than two combined super fund bought in, however while it too may drop in price I have no intention of selling it
Posted by Belly, Monday, 24 June 2019 1:56:46 PM
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there were several Hollywood fools who claimed they were moving to Canada when Trump was elected some even claiming the stockmarket would crash. I am hoping these overpaid fools lost all their money.
Posted by runner, Monday, 24 June 2019 1:59:44 PM
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Yes timing is everything. I had up to about 8 shares at one time.
When it became obvious in 2007 that peak oil had occurred in 2005 I
started to sell my shares except for Telstra. I thought we will all
still make phone calls etc. Well I was wrong anyway !

Then Linc energy was lighting coal seams up and getting gas up and
turning it into fuel. So I bought some of their shares.
Then they stopped further development and went into shale oil in the US.
Hmm reports I read about the shale oil did not make me feel secure so
I got out at a very nice profit. The current situation in the US
proved I was right to get out.

Shares are fine but do your homework and keep your ear to the ground.
Don't invest an amount that would anywhere near force you to sell your
house if you lost. NEVER EVER borrow to buy shares.
Posted by Bazz, Monday, 24 June 2019 3:55:37 PM
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