Is this the start of the crash?

ARG hasn't yet fallen as hard as a couple of days ago or as far as the other grandfather LICs. Some are nearing the magical 4% Div yield that Nodrog speaks of

 

Showing my age here but.....

 

Faskination aboounds. Haven't watched nothing or see nothing (Sgt Shultz) as I've got other things on the go so I wasn't aware the conniptions and gymnastics games have recommenced. Not fussed enough to see what's what at the moment mainly because I did my small bit of buying the other day. I'll wait for the moment. The bloody thing will be there on Monday - not saying which Monday though.

Have you ever wondered where that $118B was in the first place? You buy retail, we buy wholesale. Maybe it's a good indication some fund managers aren't. One of the better things for private investors is we have time, well some do, and report to no one but ourselves.

 

Some commentary that may be of interest: Wake up call for investors to be realistic about returns from shares

 

From a personal perspective, I can only hope this is the beginning of a sustained bear market. In a perfect world I would get the next 3-5 years of investing funds at depressed prices with a 10-20 year time frame.

I invested some cash from my SMSF today.

 

Waiting for the excitement

 

Overnight the dow is not as bad as the prior few days,but I only trust my library..

 

About the only thing that came of this "crash" was some excellent discussion. Enjoyed it, cheers.

 

Pre-drinks...

 

CSL reported it half yearly results

Full media release here

How often do you get a 23% payrise or rental increase?

I think it is one of the best ASX companies. A true champion race horse that has provided life changing returns. From $0.80 in 1994 to $142 in 2018 that is a compounded annual growth of 24%!!! (not including dividends)






Cheers,
Oracle.

 

Don't forget the last aspect. Some goes to those holding the relevant LIC's

 

That is one of the reasons I like DUI (Diversified United) LIC. It has about 15% international exposure and CSL as its top holding around 9%. I believe it's yield might not be the highest but it is well positioned to provide dividend growth compared to other LICs

Other reason I like it is it has had a progressive dividend history since 1993 along with it's big brother AUI (dividend history)

Cheers,
Oracle.

 

Cannot speak for @Nodrog obviously but now you know in my case from the LIC 2018 thread.

 

Gone in the head in my case.

 

Hamish Douglass: Hold on to your chairs