Re-Framing the Next Downturn

Discussion in 'Share Investing Strategies, Theories & Education' started by Nodrog, 5th Sep, 2019.

Join Australia's most dynamic and respected property investment community
Tags:
  1. Nodrog

    Nodrog Well-Known Member

    Joined:
    28th Jun, 2015
    Posts:
    11,401
    Location:
    Buderim
    Nodrog, 5th Sep, 2019
    #1
    willair, Burgs, Big A and 2 others like this.
  2. Big A

    Big A Well-Known Member

    Joined:
    18th Nov, 2018
    Posts:
    2,421
    Location:
    ?
    Sorry that article makes to much sense.
    I can’t subscribe to that. I’m going to worry and panic about the state of the market until the next correction arrives. Then when it arrives I’m going to worry about the drop in share prices. And after they recover I will start worrying about the next drop.
     
    Big A, 6th Sep, 2019
    #2
    Propertunity and Nodrog like this.
  3. Burgs

    Burgs Well-Known Member

    Joined:
    19th Jan, 2019
    Posts:
    256
    Location:
    ACT
    The last paragraph sums up the situation rather nicely - no body knows.

    "We could go into a recession tomorrow or the expansion could chug along for another few years. No one knows for sure. So the way that you plan for this inherent uncertainty is by diversifying your portfolio enough so it’s able to withstand a wide range of economic and market environments."

    Lic dividend smoothing would definitely help :)
     
    Burgs, 6th Sep, 2019
    #3
    Nodrog likes this.
  4. Nodrog

    Nodrog Well-Known Member

    Joined:
    28th Jun, 2015
    Posts:
    11,401
    Location:
    Buderim
    No worries:D.
     
    Nodrog, 6th Sep, 2019
    #4
  5. Ross36

    Ross36 Well-Known Member

    Joined:
    14th Aug, 2015
    Posts:
    591
    Location:
    Cane Toad Country
    A Wealth of Common Sense is probably my favourite weekly podcast. I have a lot of respect for Ritholtz Wealth Management, Barry's Masters in Business podcast has some absolute gems in it.
     
    Ross36, 6th Sep, 2019
    #5
    Nodrog likes this.