RIN rinker group limited

which one, page-3

  1. 10,614 Posts.
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    "Rinker is being supported by a buyback and is in an uptrend... but id wait till mid october to buy. Not a good time to buy IMO a correct is comming soon"


    You may well be right, but my experience suggests that the best time to invest in good assets is when you have some money to do so. If you know what you are doing, and invest for the long-term, in good assets, as you should, spacing out your investments like that will naturallly take care of things anyway.

    Is there a bad time to own mines, oil fields, brewries, banks, supermarkets, insurance companies etc. They're open for business today, are they not ?

    I started investing in 1986, and had the 1987 crash to contend with. Everything I bought in 1986 has done well and I was even positive in 1987.

    Consider this. the difference in the 1993-2006 compound annual return for WOW had you bought for either $3.00 or $2.70 (10% dip) in 1993 would have been less than 1%.

    Much more important to continually invest in the RIGHT assets throughout your life, than trying to time your investment.

    If the market crashes in October, you should be right there buying more of the right assets.

    And what if the market does not crash ?
 
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