upthrust tuesday, page-107

kates

Thanks for your comments.

I do not intend to day trade in ETFs. I plan to buy an ETF of the top 50-100 Australian companies and just ride it for a period, hopefully getting off somewhere close to when the market is due for a 10-20% correction. This is probably not going to work as timing the market is a big ask and very few people get it right.

Speculating in the mining sector has now become too much like gambling, so I have to find another way to generate returns. I suppose there could be another legup for mining shares later on when India's economy gets a lot bigger.

loki