Opportunity is knocking!

Hopefully more buying opportunities here.

Do you have a link?

 

I'm an amatuer too.

I just bought a chunk of an ETF that I usually buy each month. I think it's good value and the intention has always been to buy and hold.

I also purchased some more bank shares today too.

It's far from advice though! I have nothing to back up my purchases other than feeling optimistic about the future....and knowing that these are long term buy and holds.

Cheers

Jamie

 

Opportunity has definitely come knocking. Hopefully it wont knock me out before I cash out. A long journey to go. It's been an adventure thus far.

 

Warren Buffett May Become World’s Richest Man - He Just Needed Another Crisis

With $128 billion in cash reserves, Buffett can make an elephant-sized acquisition and more. His moves in the coming months will put him in a great position to potentially dethrone Jeff Bezos and reclaim the richest man in the world title.

 

He’s been selling Delta and Bank of New York last month apparently

 

They say cash is king in downturns. BRK are in a great position to take advantage of cheap acquisition targets with their huge pile of cash.

 

Yes people laughed at him for underperforming for years. Will be cleaning up soon. It’s pretty hard to allocate a few hundred billion dollars.

 

Explains why Buffet is still waiting on the sidelines.
https://seekingalpha.com/article/43...n-why-berkshire-is-still-waiting-on-sidelines

On a related note, BRK is currently trading at a PE multiple of 5.8! The 5 year average PE is 21.

 

Yea there's a few $50bn+ global blue chips that are at around 4-6x PE. Pretty good value got to say... I think he's still pretty cautious this stage of cycle (saw an article he sold down Bank of New York and Delta)

 

https://www.bloomberg.com/news/arti...away-joins-global-debt-splurge-with-yen-bonds

 

Sorry I am an a rank beginner investor and even I can see this doesn't make sense.
It depends entirely on WHAT you invest in. Whole companies may go under. No point investing in a company if it doesn't exist in a few months time.
Buying on the share market is investing in a business. The business has to be solid, with solid management and systems in place, undervalued preferably.
20% is not a 'few dollars'. If one waits, with cash and a bit of gold, for when a vaccine is ready, then yes it may be time. If you invest now, you may have to wait 3 or 4 years to get back to the same level.
With predicted 2 million unemployed in Australia certain sectors are looking at permanent damage.
Meanwhile if you hang onto your cash, at least you can tread wate

Whether you paid $9 or $11 matters little for FLT now, just means only making 90% profit instead of 100%. Wether you paid $3 or $ 4 dollars in 2008 still doesnt matter now. How is Gold doing It is not what I call safe. I see GOLD ETF is down 25%, meaning you are 200% better off with FLT.