Highly optimistic - covid19 the catalyst for great things

Is it just me or are there some folks among us walking around with an upbeat tempo of excitement with each step?

Currently looking at all the various opportunities that will avail itself and I can't help but feel extremely optimistic, at least from an individual financial/investment perspective.

There's been so much doom and gloom with this virus, perhaps most of it is warranted regardless - I just can't help feeling extremely optimistic and excited with opportunities that may lay ahead in the next 12 months.

Hope I'm not the only one on here otherwise PC is gonna get a very lonely place for me.

 

I need more cash. I need it now/within next 3 months before this window of opportunity closes. Just my guess.

Seeing the bargains abound and not being able to partake in a large, wholesale manner hurts (as much as the losses I've copped on paper thus far).

 

That's a large reason why I'm feeling optimistic. I have not all, but most of the funds in place to capitalise at any moment. My feeling is those who are ready and have available funds, the courage and take action can do extremely well.

 

If you are cashed up some great opportunities

If not perhaps batten the helms

 

Interested in hearing ideas what opportunities are you all monitoring.

 

I have got my money ready to go for my planned purchase and an upgrade but will certainly be watching developments with covid19 in the next few weeks, it will affect any financial decision I make. Borrowing would be more difficult at the moment would it not? My financial adviser has advised me to sit tight which is pretty good advice.

 

Need to Google

 

I have the same feeling. We have a nice sum in our offset account ready for our ppor reno. If we make 20% over the next 12 months I’d be very happy.. but in no rush to enter the stock market yet

 

Ducks lined up perfectly, Once in 3 lifetimes opportunities, every-where don't know which way too look and which way to jump. Was looking at buying some property ,old houses on, big blocks with big yields in previously tightly held desirable locations. Share prices giving great yield on solid companies with strong balance sheets. Couldn't resist RFF @1.67 for 8% yield and growing and DDR @ 495 for 7% yeild with franking credits and growing strongly. At the moment already up 5% on them. Also took advantage of the value for NAN ( hospital disinfection) and VHT. Just crazy, mindless sell off on shares that should only benefit from virus outbreak and low dollar. Great yields and growth potential on offer, but I bet many people in 12 months time will still be crying poor and bitching about 0.5% return on their money.

 

I am super optomistic. I am watching the market really closely wondering how much I should tip in when I think it's a good time. I'm not trying to pick bottom just identify when what I am buying represents value. Not at all concerned if the market drops further after that.

 

For example, ASX:VAS is trading at $66.35 today. On Feb 20 it was trading at $90.82.

Pretty much you are getting a bargain if you bought it today. But what if the market drops further?

Let's say you buy 10,000 shares of VAS today and by the end of next week they drop to $60. You haven't really lost anything because you still have 10,000 shares. We know there is a strong probability the shares will return to the $90 price point down the track. So buying around this price point would be good buying and it will probably get better.

That's why I'm watching.

 

I am temperedly optimistic - just got to "get through" it first.

I'm a great believer in the need for a recession every 15-20 years, simply to reset the world economy and force a breather/step back.

Not interested so much financially - but more ethically and spiritually

 

The asx200 dropped 7 percent, then rose 7 percent.....in ONE day.

Wow. Just wow.

 

A bonus of a recession is a suppression in extortionate tradie rates I’ve been charged in the past.. hoping for better value in a ppor reno

 

You picked the window after the GFC with your US property....don't miss this one. They don't come round very often.

 

Sitting on the sidelines with not enough cash to do what I want to do, as I've just bought something else. Also got to keep plenty of cash for our PPOR reno.

 

yes I understand but there will be more deaths so I cant see this panning out straight away

 

That's the thing to be mindful of too. Yes, there's opportunity.....but there's going to be a lot of people in pain. This is not all fun & games.

 

Well FWIW, I think SOME of those deaths (physical and financial) have been priced in.

Right now, the attitude is containment but I reckon we've pretty much missed the boat on that front. We're really in a 'delaying the inevitable' phase in USA, Europe and Oz wrt C19.

The only hope on the horizon is a vaccine, antiviral or the virus being suppressed by the NH summer OR C19 turns out to be mild enough for the masses that the fear factor turns to indifference. Then watch the market. There is a possibility that this carnage won't last longer than 3-6 months.

 

I already made made money( started accumulating today)

But I'm not counting on it yet. Looong way to go.