Banter and General Comments, page-2867

First 2867 Last

Share
Profile

Follow
GCar

14,728 Posts.

9026

10/01/19

19:15

Post #: 37084549
Share

Originally posted by RBradley1980 ↑

Originally posted by GCar
I was at the bank yesterday. A young woman in front of me was submitting a form for a term deposit.
2.7% p.a.

Wow.
I couldn't believe that someone would be happy to lock up their money for such a measly return.

I felt like suggesting that she buy some Galaxy shares, and that she would likely make that next week, or next month, or whatever.

People are weird.

I am a buyer today.
Keep pushing it down punks, I would like another parcel at 2.2x if possible.
2.1x would be amazing.

As if that isn't a 50% return within the next 12 months, at some point, if you are so inclined to trade your parcels.

More for the early retirement fund for me!

No brainer at these prices imo.

I was at the bank yesterday. A young woman in front of me was submitting a form for a term deposit.
2.7% p.a.

Wow.
I couldn't believe that someone would be happy to lock up their money for such a measly return.

I felt like suggesting that she buy some Galaxy shares, and that she would likely make that next week, or next month, or whatever.

Lucky you didn't give her that advice 12 months ago, she would be down around half her savings by now

Expand

She is obviously in no rush for a return, so it matters not.
The key point is, where will we be in 12/24/36/48 months from now?
Plenty of us have watched our "large fortunes" turn into "small fortunes" over 2018.
It's all too easy in hindsight, but it doesn't really matter because time will take care of it.

The rEVolution hasn't even started yet!

GXY Price at posting: $2.30 Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

HotCopper Highlights: Trigg; Droneshield; Lumos & more

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

AII

A new NASDAQ listing for a key player in the global critical minerals space

DRO

History repeats for DroneShield investors but carnage so far subdued

First 2867 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Banter and General Comments, page-2867

Top Stories

HotCopper Highlights: Trigg; Droneshield; Lumos & more

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

Syrah jumps +19% as graphite tariff threat spurs optimism down under

A new NASDAQ listing for a key player in the global critical minerals space

History repeats for DroneShield investors but carnage so far subdued

Featured News