Opportunity is knocking!

Discussion in 'Share Investing Strategies, Theories & Education' started by Jess Peletier, 15th Mar, 2020.

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  1. Jess Peletier

    Jess Peletier Mortgages, Finance & Property Strategy Aust Wide Business Member

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    Hey friends,

    It's going to be buy-time on the share-market very shortly - are you ready?

    I'm about to get as much cash in my bank accounts as humanly possible - after 10+ years of a bull market in the US, and the panic we're seeing now, if you're not cashed up and ready you'll be letting a once in a decade opportunity to buy long term cash-flow and growth pass you by.

    Time to get ready and sort your finances.

    If you need to get cash out of existing property, hit up your broker.
     
    Robb_18, bob shovel, rizzle and 6 others like this.
  2. Momentum

    Momentum Well-Known Member

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    I've got an unencumbered property worth 1.2m but I can't access the equity because I don't have a job. Is there any way around this?
     
  3. Trainee

    Trainee Well-Known Member

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    If you really believe in it, sell.
     
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  4. Barny

    Barny Well-Known Member

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    Can you get me another 200k lol, My income hasn’t increase.
     
  5. PeterW

    PeterW Active Member

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    Hi Jess, what are you buying and when?

    S&P 500 and ASX 200 down around 21% from Feb highs. Can't help but feel it's got further to run. I certainly wouldn't be buying now. Once it's clear the virus is being contained/reduced, I'll buy up big. Yes that means I won't pick the bottom, but I don't think I need to. I'll still be able to pick up shares at a ~ 20% discount.

    My portfolio is mostly index ETF's - US, China, Aus, some Pimco bond funds (PCI/PDI), US treasuries.
     
  6. Trainee

    Trainee Well-Known Member

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    This would be an interesting ad for mortgage brokers to run. Are brokers allowed to advertise like that?
     
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  7. Momentum

    Momentum Well-Known Member

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    I think we're seeing that in this thread
     
  8. Trainee

    Trainee Well-Known Member

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    Not good enough to buy big. So will put money in over the next 12-18 months. Buy into the downturn and out the other side.
     
  9. vbplease

    vbplease Well-Known Member

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    Combination of advertising and advice.. nice :D

     
  10. Jess Peletier

    Jess Peletier Mortgages, Finance & Property Strategy Aust Wide Business Member

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    100% agree. I don't think it's done yet, but I want to be prepared for when it is! :)

    Not sure what I'll be buying yet, depends how much cash I can get my hands on and how everything performs during the down-turn. But I reckon a mix of ETF's and direct shares.
     
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  11. Jess Peletier

    Jess Peletier Mortgages, Finance & Property Strategy Aust Wide Business Member

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    Takes too long. And then tax...loss of growth asset...etc etc...
     
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  12. Sackie

    Sackie Well-Known Member Premium Member

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    Totally agree. Started accumulating last Friday. Got a lot more to park in there. This is a once in my lifetime opportunity I reckon.
     
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  13. Jess Peletier

    Jess Peletier Mortgages, Finance & Property Strategy Aust Wide Business Member

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    Sell it? :) But in terms of lending, not that I'm aware of. But I'm not sure how they assess for margin lending, perhaps it's different?
     
  14. Jess Peletier

    Jess Peletier Mortgages, Finance & Property Strategy Aust Wide Business Member

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    I'm not sure. No doubt some idiot would blindly throw all their money in the share-market and blame the ad :rolleyes: I don't think it's considered advice, but it'd depend how it was worded.
     
  15. Jess Peletier

    Jess Peletier Mortgages, Finance & Property Strategy Aust Wide Business Member

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    I agree - I was too busy 'learning' (and losing) in the GFC, so I'm not going to miss this opportunity.
     
  16. Sackie

    Sackie Well-Known Member Premium Member

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    @Jess Peletier I honestly believe to capitalize on the opportunity, having the cash/expert advice is one thing. But having the correct mindset for it is equally as big. Then the courage and sensibility to pull multiple triggers.

    I've been working on yoga and mind relaxation exercises/affirmations specifically in preparation for this. The psychological war has to be won otherwise ( at least for myself) I won't do well or as well as I could have done.
     
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  17. Momentum

    Momentum Well-Known Member

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    I agree, I could list it with a 4 week marketing campaign and get the funds in a few months time but I'd prefer not to sell. It would be nice if CommSec would take property as security against a margin loan but I don't think they do.
     
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  18. Trainee

    Trainee Well-Known Member

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    Finally pulled (the first) trigger on Friday. Fell 2% after buying, and thought ok. Ended the day up 10%. Felt disappointed as still looking to buy more. Think there will be opportunities later next week.

    Investing in this market, pay careful attention to your own psychology.
     
    Jess Peletier likes this.
  19. Jess Peletier

    Jess Peletier Mortgages, Finance & Property Strategy Aust Wide Business Member

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    I traded shares, options and FX for 5 years before I burned out and started my business. The mindset to invest is nowhere near as taxing as whats required for trading, so I'm confident I'll be fine with this. It's all about long term hold for cash-flow, for me.

    I'm nowhere near buying yet - it's too soon in the panic. I'd want to see some stability before buying in - I'm not anticipating a super quick bounce back.
     
  20. Jess Peletier

    Jess Peletier Mortgages, Finance & Property Strategy Aust Wide Business Member

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    Are you buying to hold? that would have been a nice quick profit otherwise.

    It's all about the plan...if you've got no plan, you're like a cork bobbing on the ocean in the share market! :)

    Psychology is everything - and in this volatility, you'll undoubtably make the wrong decision if you're in without a solid plan.