ASX200 (XJO) 7000 here I come....

A bit too early me thinks..... watch the good ole US of A.....

 

Redwing is this you on Twitter? You look very similar, but not as funny.

 

@Barny

 

Ahhh the subtle brilliance of Red.....time to stock up on plenty of seed buddy

 

Good To Go

 

Lets see what tonight brings to the US Markets

 

Good time to be doing a night shift!

 

What you mean you aren’t grabbing you phone every time you wake up during the night and checking the European and US markets?!!!

 

This morning was a very good opportunity to do some DCA with the XJO.

 

Missed my buy trigger by 8 cents!!! But got a sneaky feeling we will still get down there...and probably a long way beyond...it’s like that movie the abyss!!!

 

seriously scary, there will be many more opportunities
US stock market in free fall

so the person on a thread that said he would buy CBA at $30 may not be silly after all. Its broken into 50s??

 

BUY the DIP!

 

Is this what you mean? Black Swan - Dips & Yoghurts

 

@Big A - based on some of your posts you invest in reits and in recent times many companies closing their offices abd increase in WFH and potential less office space being occupied:

Do you see this having huge impact on likes of charter hall etc?

 

Yeah its definitely something I have been thinking about. So far so good. Most of the reits have done exactly what I expected them to do during a downturn. Keep paying me. Most of my charter hall and centuria holdings have almost had no impact all all. Funds that I hold that have a retail exposure have been affected. Luckily I don't hold much retail exposure and its mostly office, some industrial and some retail.

No one knows what the future holds but I don't think there will be a major shift away from people working from offices's anytime soon. People don't change that easily or quickly. Look how quickly people went back to there normal habits and behaviors as soon as restrictions were lifted. Hence why we will continue to have further outbreaks.

I look around workplaces that I deal with and I see so many unproductive people. They do the absolute minimum if barely that just to keep there jobs. Come to work, pretend to be busy, pass the time, collect pay cheque and go home. And that was when they actually had to attend a workplace and others around to see what they were doing. Now that we all have an excuse to work from home, good luck getting any productivity from people. They don't even have to pretend to be busy as there is no one around to watch you pretend.

So while I think some companies and people will continue working from home long term. I think most will want to see there people come back to the office so they can at least ensure they are doing something. What I see is that many companies will also realize how little some of there staff really do and that they can do without some of these people and see no drop in productivity.

Could mean less space needed due to leaner staff numbers. But as the economic cycle progresses and the country continues to grow, population growth will equal more businesses which will require more space. As long as our country keeps growing, regardless of trends growth will equal the need for more housing, more space for businesses, more .................

Apologize for going of on a tangent. But if there is one property manager I have faith in during this shift its Charter Hall.

 

From today's AFR

VanEck: ASX 200 to 8000

As Jack Bogle would say stay the course

Cheers,
Oracle.

 

Or it could go pear shaped? Best to ignore the crystal ball gazers and remove hoping / emotion from the process. Certainly much less stressful. Either way the action required is the same - stay the course.

 

No matter which way it goes, there is always an out:

 

Predictions and problems with it.

2013 Lecture



And more recently in March 2021