yeah Dixie, the time that I spent there was up there with some of the best times of my life, of course that is once you were no longer the new grubs.
Funnily enough, I was also in the 75th intake, Ramsey not Stevo though, I was thinking about who you might be, would your surname start with W and end in T, that would be my guess at who may have gone on to be a merchant banker out of those that I remember hanging around with, the markets at the moment remind me of what I think was called "Animal" in the scran hall, how many plates were broken or cutlery dropped just for the uproar it created, looking back now..PRICELESS
apologies to the rest of you guys for being off topic, I better post something related to the thread so,
I invest more than I trade, or I used to call it investing, now I personally think of everything as speculating, and I put a great deal of this down to the number of traders now trading, both institutional, professionals and retail (using CFDs), who through the use of derivitives, leverage and the access and ability to sell what they DO NOT OWN, move markets to their own advantage, the playing field was never level, but now days it seems tilted like I have never remembered, its like kicking against the wind every quarter, someone has to lose, and at present it seems long only investors are kicking into a gale, and are getting slaughtered. The game is fixed, the house usually wins, but it doesnt mean that you have to lose, but the odds are you will.
I dont think its time to take the bat and ball and go home, but it depends on your individual circumstances and pain levels, though I must admit, I am not sure how things will play out in the states and that will drive what happens in the rest of the world with regards to inflation/deflation, these really are tricky times to know what to invest in, or whether to be invested or not, I am mainly into PMs and energy and alternate energy stocks and physical metals, I am a goldbug, and contrarian, so with all the negative threads and news lately, maybe we are getting close to a short term bottom, (long term bottom if more QE's are announced) just dont be too overexposed or leveraged to the market, some PM insurance could come in handy, especially if the AUD takes a hit, which will happen if China slows.
Oh to be fifteen again and not have to worry about or guess at what tomorrow will bring, (because we were told what to do and were not paid to think!) just putting your 20c pieces through the pinnies and eating mackers (not McDonalds) and going to flappers.
