Banter and General Comments, page-2867

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GCar

14,147 Posts.

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10/01/19

19:15

Post #: 37084549
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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
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Banter and General Comments, page-2867

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