I considered selling out at $2.40 but I thought RMS could deliver better results.
You are right, sometimes I don't back myself.
Gold will like crash and rebound in 18 months.
RMS might have less risk now for a long term entry point.
I don't have all my eggs in one basket. I have doubled my money in blue chip and sold. I believe anther decline in 14 days for Australia and the next fed meeting for the US which will accelerate the whole market decline. It will be very healthy long term.
The market has been paying low returns for too long and exposing investors to high risk and not enough capital growth in the form of returns. This is the point of revaluation from an economic slow down., inflation and over valued market.
How the market will really respond no one really knows.
I am influence by the media, long term commentators like Jim Rogers who is holding resources and generally a gold bull. Looking at the over valued real estate market around the world and the level of debt and inflation I see a bubble bigger than 2008. 10x bigger. 2008 US debt 3 trillion to 30 trillion 2022 and suffering from inflation.
I prefer to take a position when the market as a whole on the way up not on the way down. There is a saying. Don't try and catch a falling knife.
- Forums
- ASX - By Stock
- RMS
- market revaluation 75 cents.
market revaluation 75 cents., page-4
- There are more pages in this discussion • 273 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RMS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.99 |
Change
0.013(0.63%) |
Mkt cap ! $2.262B |
Open | High | Low | Value | Volume |
$1.99 | $2.00 | $1.97 | $1.587M | 801.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 28281 | $1.99 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.99 | 15688 | 34 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 28410 | 1.985 |
28 | 41011 | 1.980 |
17 | 44803 | 1.975 |
22 | 114815 | 1.970 |
13 | 26470 | 1.965 |
Price($) | Vol. | No. |
---|---|---|
1.990 | 10152 | 30 |
1.995 | 41688 | 19 |
2.000 | 187371 | 31 |
2.010 | 276661 | 14 |
2.020 | 30290 | 10 |
Last trade - 12.39pm 08/05/2024 (20 minute delay) ? |
|
|||||
Last
$1.99 |
  |
Change
0.013 ( 0.79 %) |
|||
Open | High | Low | Volume | ||
$1.98 | $1.99 | $1.97 | 263235 | ||
Last updated 13.01pm 08/05/2024 ? |
Featured News
RMS (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online