Independent Financial Adviser
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I like this thread and what flexible respose has to say......however it is a big investment world out there and investing ONLY in Australia does not spread risk enough...just my 10 Tola bars worth..
Cpt. Underpants offers excellent advice! Pilots can be the worst source of investment advice because of the way they assess risk! If you take the time to absorb the lessons contained within the the material that we have previously covered, you can educate yourself to understand and properly assess commercial and investment risk.
Patrick, the ex-Ghurka Officer, turned financial-Guru from the house of Dr Doom advised us many years ago, to invest in the stock market of your end-user currency. He advised that if you invest in other markets, you will suffer currency exchange risk, and in the long run you will stand to lose more than you will gain.
I use the Australian market only as an example of the investment philosophy, primarily because that market is the one I am familiar with and also that represents my end-user currency.
However, the concept of investment that I am espousing is applicable worldwide.
investing ONLY in Australia does not spread risk enough.
I use the Australian market only as an example of the investment philosophy, primarily because that market is the one I am familiar with and also that represents my end-user currency.
However, the concept of investment that I am espousing is applicable worldwide.
Join Date: Oct 2006
Location: Hong Kong
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cpt underpants and flex
I would also like to offer caution to that LA's recommendations. I investigated it about 8 years ago and found it sadly lacking. Very heavy MER etc and huge penalties for leaving within 10 years etc. Caveat Emptor.
Flex - I like it - keep updating us.
Flex - I like it - keep updating us.
Arrrrgh! How true!
Fast women, fast planes, fast cars and booze! The elixir of life.
Invest some money now, and you will always be able to afford to keep your partner and yourself happy!
It doesn't get any better than this!
Fast women, fast planes, fast cars and booze! The elixir of life.
Invest some money now, and you will always be able to afford to keep your partner and yourself happy!
It doesn't get any better than this!
Yet another interesting up and down month on the market! But we are making very good profits on our investment already. Who would have thought this to be possible in such a tumultuous time? Well guess what…we investors know that if we take the long term view that we will make excellent profits.
At the end of trading on Friday 29 Sep 2007, our initial investments of $100,000 of shares were worth:
$110,178 (That’s 11.02% for the two months or about 66.1% gain on an annual basis).
Plus Dividends of $1205.03 announced to be paid as follows:
BHP announced 33.63 cents per share dividend to be paid in September ($90.80).
BNB announced 21.40 cents per share dividend to be paid in October ($75.97).
NHC announced a 5.5 cents a share dividend to be paid in November ($258.28).
LEI announced 65.00 cents per share dividend to be paid in September ($165.75).
SUN announced 55.00 cents per share dividend to be paid in October ($283.80).
WDC announced 53.25 cents per share dividend to be paid in August ($279.56).
WOR announced 32.50 cents per share dividend to be paid in September ($95.87).
So did you invest and make money like the rest of us?
Or did you procrastinate and just put it off?
Are you now thinking, “Damn, I should have done that, but now it is too late!”(?)
What a crock of sh!t! It is never too late to invest.
Do it now for yourself and your family!
At the end of trading on Friday 29 Sep 2007, our initial investments of $100,000 of shares were worth:
$110,178 (That’s 11.02% for the two months or about 66.1% gain on an annual basis).
Plus Dividends of $1205.03 announced to be paid as follows:
BHP announced 33.63 cents per share dividend to be paid in September ($90.80).
BNB announced 21.40 cents per share dividend to be paid in October ($75.97).
NHC announced a 5.5 cents a share dividend to be paid in November ($258.28).
LEI announced 65.00 cents per share dividend to be paid in September ($165.75).
SUN announced 55.00 cents per share dividend to be paid in October ($283.80).
WDC announced 53.25 cents per share dividend to be paid in August ($279.56).
WOR announced 32.50 cents per share dividend to be paid in September ($95.87).
So did you invest and make money like the rest of us?
Or did you procrastinate and just put it off?
Are you now thinking, “Damn, I should have done that, but now it is too late!”(?)
What a crock of sh!t! It is never too late to invest.
Do it now for yourself and your family!
Join Date: Sep 2007
Location: Hotel
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Yep - Had Devere cold call me 15 times and force me to meet them - then they tell you they will present you with what you need- except they sell only one product - Generali Life. They do a very hard sell. Same old SH!*e. Avoid. You don't need them to sell you essentially the same thing you already have through your provident fund. Which makes me wonder who gets the commissions on that?
COS 2008 is in your face. Sixty-five yo before you get parole!
If you don't become financially independent, many of you are likely to die on the job before you reach retirement age.
Start your investment in your own future now. And you can tell your employer when to shove-it, and on your own terms!
If you don't become financially independent, many of you are likely to die on the job before you reach retirement age.
Start your investment in your own future now. And you can tell your employer when to shove-it, and on your own terms!
Join Date: Jul 2007
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missingblade
Do I understand you correctly? You were "forced" to meet after 15 phone calls to discuss a product "essentially the same" as your provident fund. You, my dear man will have a long and prosperous career in CX.The company really like pussies that are easily coerced. I would have told him to go and get
long before the 15th call. Are you also forced to work on G days? Oh sorry, that was my rhetorical question. I suspect you are missing more than a blade!
Do I understand you correctly? You were "forced" to meet after 15 phone calls to discuss a product "essentially the same" as your provident fund. You, my dear man will have a long and prosperous career in CX.The company really like pussies that are easily coerced. I would have told him to go and get
long before the 15th call. Are you also forced to work on G days? Oh sorry, that was my rhetorical question. I suspect you are missing more than a blade!
Join Date: Sep 2007
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I am so sorry for sharing my experience with the likes of you "willnothave sense". I profusely apologize for my lack of common sense in allowing Devere to come all the way out to my local pub to buy me a beer and present me with promised total financial solution. I am ignorant and dim and did not realize they were going to try and pull the wool over my eyes untill I actually met them. I couldn't smell it coming. My philosophy of investigating all possibilities when it comes to investing must be fundamentally flawed. My Einsteinian idiocy in trying to warn my fellow colleagues like you against this company trying to sell you something you already have courtesy of the CX group was a travesty and an infringemet on your time. Thank you for enlightening me to the fact that I am a pussy with the brain of Einstein. You do wonders for my self confidence. I would love to fly with you soon!
Last edited by missingblade; 9th Oct 2007 at 03:06.
Gentlemen (and Ladies) please! We are all on the same side here. Let's try and learn from one another so that rather than make the same mistakes of those who have gone before, we get to stand upon the shoulders of giants!
We are all human and we all make mistakes. It takes a lot of guts to 'fess up to an unpleasant experience. We should be most appreciative to those who share information and therefore help make all our lives better!
The aim here is very simple:
Become financially independent.
We are all human and we all make mistakes. It takes a lot of guts to 'fess up to an unpleasant experience. We should be most appreciative to those who share information and therefore help make all our lives better!
The aim here is very simple:
Become financially independent.
OK, it’s Friday 2nd November 2007. We got past a very interesting October with all the gloom and doom folks predicting the worst. But, we are Investors and we don’t care about the day to day share prices. We are looking down the track 2 to 3 years ahead. Having said all that, where are we with our investment strategy right now?
At the end of trading on Friday 02 November, our initial investment of $100,000 on 31 July 2007 in shares were worth:
Share Value $115,047 (That’s 15.05% for the three months or about 60.12% gain on an annual basis).
Plus:
Dividends of $1919.17 announced to be paid as follows:
ANZ announced 74 cents per share dividend to be paid in December ($261.22).
BHP announced 33.63 cents per share dividend to be paid in September ($90.80).
BBI announced 7.25 cents per share “dividend” to be paid in September ($408.54).
BNB announced 21.40 cents per share dividend to be paid in October ($75.97).
NHC announced a 5.5 cents a share dividend to be paid in November ($258.28).
LEI announced 65.00 cents per share dividend to be paid in September ($165.75).
SUN announced 55.00 cents per share dividend to be paid in October ($283.80).
WDC announced 53.25 cents per share dividend to be paid in August ($279.56).
WOR announced 32.50 cents per share dividend to be paid in September ($95.87).
There is no excuse for not investing your earnings wisely.
Your family and your future well-being depend on the decisions that you make now.
At the end of trading on Friday 02 November, our initial investment of $100,000 on 31 July 2007 in shares were worth:
Share Value $115,047 (That’s 15.05% for the three months or about 60.12% gain on an annual basis).
Plus:
Dividends of $1919.17 announced to be paid as follows:
ANZ announced 74 cents per share dividend to be paid in December ($261.22).
BHP announced 33.63 cents per share dividend to be paid in September ($90.80).
BBI announced 7.25 cents per share “dividend” to be paid in September ($408.54).
BNB announced 21.40 cents per share dividend to be paid in October ($75.97).
NHC announced a 5.5 cents a share dividend to be paid in November ($258.28).
LEI announced 65.00 cents per share dividend to be paid in September ($165.75).
SUN announced 55.00 cents per share dividend to be paid in October ($283.80).
WDC announced 53.25 cents per share dividend to be paid in August ($279.56).
WOR announced 32.50 cents per share dividend to be paid in September ($95.87).
There is no excuse for not investing your earnings wisely.
Your family and your future well-being depend on the decisions that you make now.
The Australian Stockmarket has been very robust in the face of the waxing, waning and dithering of the immature so-called professional money managers as they seek to come to terms with a new experience...what to do about the exposure of the sub-prime loans scandal. In focusing on this problem, they have completely overlooked the opportunities that exist in areas that are not affected. Let's hope they all consumed by the monster they created!
At the close of trading 30 Nov 2007, our initial investment of $100,000 on 31 July 2007 in shares were worth:
Share value $112,626 (That’s 12.63% for the four months or about 37.89% gain on an annual basis).
Plus:
Dividends of $1919.17 announced to be paid as follows:
ANZ announced 74 cents per share dividend to be paid in December ($261.22).
BHP announced 33.63 cents per share dividend to be paid in September ($90.80).
BBI announced 7.25 cents per share “dividend” to be paid in September ($408.54).
BNB announced 21.40 cents per share dividend to be paid in October ($75.97).
NHC announced a 5.5 cents a share dividend to be paid in November ($258.28).
LEI announced 65.00 cents per share dividend to be paid in September ($165.75).
SUN announced 55.00 cents per share dividend to be paid in October ($283.80).
WDC announced 53.25 cents per share dividend to be paid in August ($279.56).
WOR announced 32.50 cents per share dividend to be paid in September ($95.87).
BHP wants to takeover RIO. This could mean a very rosy future for BHP above and beyond what is forecast.
Pilots, please invest in blue-chip companies for you and your family!
At the close of trading 30 Nov 2007, our initial investment of $100,000 on 31 July 2007 in shares were worth:
Share value $112,626 (That’s 12.63% for the four months or about 37.89% gain on an annual basis).
Plus:
Dividends of $1919.17 announced to be paid as follows:
ANZ announced 74 cents per share dividend to be paid in December ($261.22).
BHP announced 33.63 cents per share dividend to be paid in September ($90.80).
BBI announced 7.25 cents per share “dividend” to be paid in September ($408.54).
BNB announced 21.40 cents per share dividend to be paid in October ($75.97).
NHC announced a 5.5 cents a share dividend to be paid in November ($258.28).
LEI announced 65.00 cents per share dividend to be paid in September ($165.75).
SUN announced 55.00 cents per share dividend to be paid in October ($283.80).
WDC announced 53.25 cents per share dividend to be paid in August ($279.56).
WOR announced 32.50 cents per share dividend to be paid in September ($95.87).
BHP wants to takeover RIO. This could mean a very rosy future for BHP above and beyond what is forecast.
Pilots, please invest in blue-chip companies for you and your family!
Well that rounds out another healthy calendar year. For us, it also marks five months of investing in selected Australian stock market blue-chip stocks. In that time as an investing team, we have suffered two major market corrections and also a change of Government in Australia and still we made a very healthy profit!
Where do we go from here in 2008? China is growing strongly and demanding more and more raw materials to feed its voracious appetite. Australia is expanding its mining and infrastructure to try to keep up the supply.
At the close of trading 31 Dec 2007, our initial investment of $100,000 on 31 July 2007 in shares was worth:
1. Share value $112,103 (That’s 12.1% for the five months or about 29.04% gain on an annual basis).
Plus:
2. Dividends of $1919.17 announced and paid as follows:
ANZ announced 74 cents per share dividend to be paid in December ($261.22).
BHP announced 33.63 cents per share dividend to be paid in September ($90.80).
BBI announced 7.25 cents per share “dividend” to be paid in September ($408.54).
BNB announced 21.40 cents per share dividend to be paid in October ($75.97).
NHC announced a 5.5 cents a share dividend to be paid in November ($258.28).
LEI announced 65.00 cents per share dividend to be paid in September ($165.75).
SUN announced 55.00 cents per share dividend to be paid in October ($283.80).
WDC announced 53.25 cents per share dividend to be paid in August ($279.56).
WOR announced 32.50 cents per share dividend to be paid in September ($95.87).
The combined increase in share value and dividends was $14,022 which is $33,652 on and annual basis. Therefore, using the rule of 72, when we reinvest our dividends, we will double our initial investment of $100,000 in 2.14 years (ie, $200,000). And if we can maintain that % rate, we will double again to $400,000 in 4.28 years.
Your most precious commodity when INVESTING is TIME.
Start Investing NOW!
Where do we go from here in 2008? China is growing strongly and demanding more and more raw materials to feed its voracious appetite. Australia is expanding its mining and infrastructure to try to keep up the supply.
At the close of trading 31 Dec 2007, our initial investment of $100,000 on 31 July 2007 in shares was worth:
1. Share value $112,103 (That’s 12.1% for the five months or about 29.04% gain on an annual basis).
Plus:
2. Dividends of $1919.17 announced and paid as follows:
ANZ announced 74 cents per share dividend to be paid in December ($261.22).
BHP announced 33.63 cents per share dividend to be paid in September ($90.80).
BBI announced 7.25 cents per share “dividend” to be paid in September ($408.54).
BNB announced 21.40 cents per share dividend to be paid in October ($75.97).
NHC announced a 5.5 cents a share dividend to be paid in November ($258.28).
LEI announced 65.00 cents per share dividend to be paid in September ($165.75).
SUN announced 55.00 cents per share dividend to be paid in October ($283.80).
WDC announced 53.25 cents per share dividend to be paid in August ($279.56).
WOR announced 32.50 cents per share dividend to be paid in September ($95.87).
The combined increase in share value and dividends was $14,022 which is $33,652 on and annual basis. Therefore, using the rule of 72, when we reinvest our dividends, we will double our initial investment of $100,000 in 2.14 years (ie, $200,000). And if we can maintain that % rate, we will double again to $400,000 in 4.28 years.
Your most precious commodity when INVESTING is TIME.
Start Investing NOW!
Flexible response
How is your share portfolio looking today? ****e, I would think.
How is your share portfolio looking today? ****e, I would think.
What I want all you Investors to ponder is, “last week it looked good, today it looks ****e, and sometime in the not too distant future, it will look great”! How can this be? What has changed? What will change?
Over time, the stock market goes up at a rate of 15% pa. So don’t panic…what the Captain means is, “Don’t sell and realise a loss”!
Investment is all about time in the market.
It’s as if we have gone back in time in a time-machine. The market today has reset time by about 12 months. If you buy now you will get shares at prices that haven’t existed for a year. What a great opportunity to buy in! Do YOU have the guts?
Another reason to invest in quality property.
Remember, in this life there are only four classes of investments that you can invest in:
1. Shares.
2. Property.
3. Cash or cash-like instruments.
4. Tangible objects such as physical gold, works of art, etc.
The mix can be changed to suit the conditions. But you can’t escape the reality of choosing your investment vehicles!