Gold: (to hedge against the AUD falling and /or the pending housing bubble)
NST 2.69 - today 4.09
NCM 13.19 - today 22.36
My point being is don't try to time the market to make a few pennies by buying and selling (not to forget the CGT implications). Investing is not a casino it's a prudent long term strategy of picking stocks that have strong business fundamentals with solid management and a vision you share.
SXY is by far my greatest ROI today and I'm holding till I see the revenues flowing from gas.
If you wait to try and buy at 0.30 and then sell at 0.35 it won't make you guys rich and most likely when the next bump up occurs you'll only be regretting that you didn't just buy in at the market price.
If you like a company and the fundamentals just buy at market. A few pennies here or there with SXY at its low would not have made a difference when you now look back.
Play the long game as an investor and you'll have a better shot of coming up ahead. (As someone suggested put them in your bottom draw, but keep an eye on the everchanging market conditions as everything is cyclical).
In the casino the house always wins so try avoid the adrenaline rush and invest with a longer term goal in mind.
Just my two cents...
SXY Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held