International Trump Rally fizzling...

Discussion in 'Sharemarket News & Market Analysis' started by Kangabanga, 18th May, 2017.

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  1. Kangabanga

    Kangabanga Well-Known Member

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    Kangabanga, 18th May, 2017
    #1
  2. Nodrog

    Nodrog Well-Known Member

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    I hope so. Please bring on a major correction for ASX till 30 June to minimise the amount of excess Super pension I need to commute back to Accumulation:).

    Everyone please refrain from buying till 1 July.
     
    Nodrog, 18th May, 2017
    #2
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  3. MTR

    MTR Well-Known Member

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    Me too, give me the date
     
    MTR, 18th May, 2017
    #3
  4. Kangabanga

    Kangabanga Well-Known Member

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    morning and careful what you wish for. might just be granted by the genie in the bottle.:D
     
    Kangabanga, 18th May, 2017
    #4
  5. Nodrog

    Nodrog Well-Known Member

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    Why be careful what you wish for? Doom and gloom are an Investors best friend. The last period of major gloom (GFC) resulted in a noticeably earlier retirement for us. Now retired I look forward to the next round to add to our future income streams at a deep discount.
     
    Nodrog, 18th May, 2017
    #5
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  6. turk

    turk Well-Known Member

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    Settled on the sale of a property this week and will be making maximum consessional and non consessional contributions to SMSF, plus cash in the bank so a juicy correction would be exactly what the doctor ordered.
     
    turk, 18th May, 2017
    #6
  7. willair

    willair Well-Known Member Premium Member

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    Nothing to worry about,just mostly Banks and anything linked to the Banks and the stakes are even higher now with the way the US will change their tax rates compared too Australian Tax Rates..imho..
     
    willair, 18th May, 2017
    #7
  8. euro73

    euro73 Well-Known Member Business Member

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    "fizzle" seems an understatement... May has been pretty bad for the ASX
     
    euro73, 18th May, 2017
    #8
  9. Konn

    Konn Well-Known Member

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    1 day of downfall? Too short term to tell.
     
    Konn, 18th May, 2017
    #9
  10. The Falcon

    The Falcon Well-Known Member

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    you mean the market has gone up, and then gone down! OMG. I'm out !
     
    The Falcon, 18th May, 2017
    #10
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  11. The Falcon

    The Falcon Well-Known Member

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    You are new to this arent you? XJO is off 2% in a month. "Pretty bad" lolololol
     
    The Falcon, 18th May, 2017
    #11
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  12. KDP

    KDP Well-Known Member

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    About time as it's been a decent run.

    Doesn't bother me much though, been buying every month on the way up and will keep buying every month whether it goes down, sideway or continue the uptrend.
     
    KDP, 18th May, 2017
    #12
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  13. euro73

    euro73 Well-Known Member Business Member

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    With all due respect, I'm not drinking the coolaid. I'm not bothered by the May madness. I'm just pointing out its been a bad month.
     
    euro73, 18th May, 2017
    #13
  14. iggster

    iggster Active Member

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    Wait until Comey's testimony which I think is next Wednesday US time / Thursday our time. I expect that if it is bad for Trump we can release the hounds when our markets open. Personally I am going to pick up a couple of ETFs that I have been watching since Trumpsky got elected.
     
    iggster, 18th May, 2017
    #14
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  15. paulF

    paulF Well-Known Member

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    Dollar cost averaging?
     
    paulF, 18th May, 2017
    #15
  16. KDP

    KDP Well-Known Member

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    Yes that's the result but more so due to a regular investment plan rather a conscious intention to DCA. I'm not holding funds back to make sure for instance, just investing a set portion every month from what I save that month.
     
    KDP, 18th May, 2017
    #16
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  17. MTR

    MTR Well-Known Member

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    You could always forget shares and do property, its crazy nuts at the moment.
     
    MTR, 18th May, 2017
    #17
  18. wylie

    wylie Moderator Staff Member

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    Crazy nuts... where? That is too general.
     
    wylie, 18th May, 2017
    #18
  19. MTR

    MTR Well-Known Member

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    Should ask WHY?

    Low Housing Inventory: A Logical Explanation | HuffPost
    Low Housing Inventory: A Logical Explanation
    In a nutshell supply vs demand, low inventory/stock is pushing prices through the roof, boom.

    Markets are moving everywhere, this all started in 2011/12, recovery phase and continues to rise. Detroit has lowest inventory
     
    MTR, 18th May, 2017
    #19
  20. pippen

    pippen Well-Known Member

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    Nice work, seems like you have a decent plan/system in place! Are you investing in Lic's, etf's or retail/wholesale managed funds?
     
    pippen, 18th May, 2017
    #20
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