Why Shares Suck

That is fine for the average guy on the street who is risk averse and lacks confidence and a ignorance of value investing. All Rip would really doing is guaranteeing returns that are average or a bit better than average. Sure anyone can build a comfortable life dollar cost averaging but if you have the confidence and capital, value investing will take you higher and get you there quicker. You have to have to have an appetite for risk and an understanding that index tracking through etfs, lics and reits will only take you so far.

You've also got to be willing to deploy (you might say risk) significant capital and ignore the spruiker worship that sucks so many in .

 

As a matter of interest, are you able to let us know when to deploy significant capital?

 

Are you familiar with the notion of a market correction?

 

Yep, well aware of them. Just interested in your actual record of timing the market.

Not ground breaking to say buy shares when they're cheap and sell them when they're expensive. Actually being able to do it consistently is another matter.

 

Unlike you, I'm not threatened by the comments of some stranger on the Internet. If you're feeling insecure about my comments I'm sorry about that. Fortunately for me I'm not so fragile and am not compelled to enter in to dialogue with anyone so infantile.

 

Why all the aggression? If you genuinely have a way to effectively time the market I, along with everyone here, would love to know and learn from it.

 

Eaaassy lads... we're all in this game together boys. All for 1 and 1 for all....

 

My reply was a bit stronger than I had intended.

I've outlined my approach in the thread. I don't feel the need to submit to an audit of my trades. If you don't like what im saying move on.

 

It's perfectly in line with the character.

 

Agree with @Il Falco on this one. Individual skill, management of resources and a consistently executed plan is what counts in the end. All asset classes are candidates for vehicles to build wealth, skill and management will uncover the quality assets to focus on accumulating and incrementally squeeze out better benefits and strategic gains.

 

Anyone can be become successfull in both asset classes with only a basic understanding and skill set, its the addition of above quoted that trully seperates the successful from the unsuccessful.

 

Can I frame this up in my study? Amazing work @austing

 

Frame it wherever you like. I didn't think it was anything spectacular. It hasn't even made it to my dunny wall let alone other areas of the house.

 

I put it up in the chook pen, but it just confused them

 

Very funny.

We own very intelligent chickens. Here's a picture of our chickens totally captivated when I showed them that chart (although I had sardines in the other hand):

 

They do look intelligent @austing , not like this fella who's had the wool pulled over his eyes a few times now

 

Shares rock, higher yields, imputation credits, no land tax, no rates, no insurance, no maintenance, no bad tenants, low or no management fees, more diversification, more liquid, negligible entry and exit costs. Over long term capital gains are similar. An average high yield stock portfolio will return around double or more after tax than property of the same value will.

The biggest advantage of property is the higher leverage usually available, and for some perhaps the illiquidity and entry/exit costs are advantages, reduces churning of assets. And yes you can add your own value if you want.

The high yield share portfolio, pure gold

 

Yep. That's the problem around here. Too many ultracrepidarians crowing like c0cks!

pinkboy

 

Why not have both?

 

Is that chicken coop on wheels? Are you practicing permaculture?