All share index up 1.3% Me down 0.5% Am I missing something with my analysis of AFO and SXR? (Why are they not moving up?) Further I find the market currently very expensive and are sitting on heaps of cash that I do not know how to invest. I have this feeling that the bull phase is still not over and that I am loosing out. Sympathy and suggestions will be appreciated.
2 suggestions (and only suggestions) 1. Only look at your shares on a weekly basis or perhaps even monthly as it seems the daily movements makes u jittery (ANY good share can have a bad day). 2. Dont know your timespan over which u want to invest but at any time the opportunity cost of not being in the market is significant. I can only suggest u look for a couple of quality companies with highish dividend yields and buy these on a weekly or monthly basis, and not in one go. - Just dont overtrade!
I think the Bull will only leave when the last spectators leave in 2010. Yep its tough and everything seems expensive, But you must have your hand in the pot to actually take something out.hehe hope all goes well
Hi Brommie I was checking my daily programmed Summit slot (on pvr) of meet the expect (Allan from stanlib) who mentioned ips as one of the promising small caps and I am thinking / considering to diversify my port with it. PLEASE this is not a HOT TIP at all. You must do your own home work plus check if it fits within your strategy.
I like that IPS has a real product(elec)and a need(pwr shortage). Coega plant should come on stream in 15 months. Many sugar mills use their waste in-house to generate own power, so to sell it elsewhere seems a good idea. Also, the gas plant is almost complete. Is R10 too much to pay? Should you wait for a pull-back after the hype? Certainly more promising than MKX.!