I am very confident with QBE's future for the long term. The current prices are very tempting and even Warren B loves insurance so how wrong can this investment be!? I think the answer is that QBE is a great investment long term if you are prepared to hold through the potential turbulent times that may lay ahead. If there is debt restructuring done in Greece or even Italy i can't even start imagining what impact it would have on QBE's share price. Thats why i am holding off. Ive come to realise over the years that cash in the bank is sometimes the hardest and best investment of them all. For all those that are looking to invest, stick to your plan. LT or ST my recommendations would be very different. Times are tough but these are the best opportunities present themselves. You can start picking up BLUECHIPS with huge upside! Look at QBE with 10%+ divis fully franked. I never thought i would see the day but sadly i still haven't pushed the button.....
GL to all.
GC
Thank you for your response asf.
QBE Price at posting:
$13.19 Sentiment: LT Buy Disclosure: Not Held
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