new thread, page-12

"Im looking at getting into steel down the track"


Nothing against it, but I try not to get too heavily into the cyclicals, particularly in *commodity* type industries. (although I do own a few buildings materials)

You will get good dividends, and thats about it.
As long as you use the dividends as a means to finance the growth/glamour situations, you should be OK.

Just not my cup of tea.