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Why negative gearing should be abolished, page-60

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Sector

35,472 Posts.

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23/10/14

21:30

Post #: 14173088
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Originally posted by Scotty B ↑

So on your recent posts you have $20,000 "invested" in stocks, you have a mortgage on the PPOR, and you moved all your super into a cash fund back in May ..... and you say that "well diversified". Our funds have put on a lot of weight since May, you either need a better fund manager or to listen to your own advice that being in cash right now is a hiding to nowhere.

I guess on the figures you have given if your net worth is under $100,000 then that is a "well diversified" portfolio. Don't worry, I won't ask you to post proof of this "well diversified" portfolio you have held for a decade. I believe you.

Maybe Hawkers could give you some tips, he has $1,000,000 in cash sitting in a bank account. He's just misplaced the scanner so he can show everyone like he said he would. 4 hours to go ..... lol.

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His tips surely couldn't be as bad as your run, everything I have looked at has tanked, even thought you have something going with MRM, alas, tanked

the only stock you have apparently made serious gains on was my tip AKK.

how ironic

Last edited by Sector: 23/10/14
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