Hyperinflation, recession how bad can it get

Discussion in 'Financial Planning' started by Bean27, 16th Mar, 2020.

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  1. Perthguy

    Perthguy Well-Known Member

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    I'm already saying the sharemarket is an obvious buy. I'm lining up as much cash as I can to invest in line with my investment strategy and risk profile.
     
    Perthguy, 16th Mar, 2020
    #21
  2. The Y-man

    The Y-man Moderator Staff Member

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    Is that where the Interstellar Council decides to invade this planet to turn it into a giant theme park? :eek::eek::eek::eek: Definitely plausible from the rumours I heard....

    The Y-man
     
    The Y-man, 16th Mar, 2020
    #22
  3. Trainee

    Trainee Well-Known Member

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    The hard part is to keep buying assuming it will go lower. This is against human nature. But it is also (probably) the most profitable path. Keeping a very close eye on my own emotions and thoughts at this time.
     
    Trainee, 16th Mar, 2020
    #23
  4. Trainee

    Trainee Well-Known Member

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    If that happens what can you do to prepare for it? Not a lot. So might as well bet on the more likely outcome.

    Seriously though. People wait a decade for this sort of opportunity. If you have the resources to go for it.....

    whoever thinks it was a nobrainer to buy during the gfc? Stick your hand out to grab the falling knives.
     
    Last edited: 16th Mar, 2020
    Trainee, 16th Mar, 2020
    #24
  5. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    Zombies or coronavirus ? Personally I would find zombies a far most interesting issue. Make some great social media streaming and would be entertaining while isolated. Gold and silver arent exactly something you can sell on the street corner. Well actually you can to those scum in the shopping centre at their offer price.

    The question is when is a bargain a bargain ? Is it when you buy or when you know it was the bottom of the market and has risen ?
     
    Paul@PAS, 16th Mar, 2020
    #25
  6. The Y-man

    The Y-man Moderator Staff Member

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    Hey come on! They could be tenants in my shopping centre(s) and they may be future clients for the company my wife works for :D:D:D:D:D

    The Y-man
     
    The Y-man, 16th Mar, 2020
    #26
  7. geoffw

    geoffw Moderator Staff Member

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    Peter Tersteeg is your broker?

    I couldn't live being a hunter collector.

    I don't know how to grow Coca Cola nor how to hunt Doritos.
     
    geoffw, 16th Mar, 2020
    #27
  8. willair

    willair Well-Known Member Premium Member

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    ....UKI nth nsw ....
    willair, 16th Mar, 2020
    #28
  9. The Y-man

    The Y-man Moderator Staff Member

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    Melbourne
    I think he started learning survival skills last year when the livelihoods of brokers came under threat with the royal commission! :D

    The Y-man
     
    The Y-man, 16th Mar, 2020
    #29
    geoffw likes this.
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