got some junk mail today, page-3

Greeny.

The mail is good.

You must remember that what you've invested in is a company that, in an around about sort of way, makes its money from the natural disasters you seem worried about.

No natural disasters, no insurance.
No insurance, no QBE.

With the dividends that QBE regularly pay, I see this as a rare opportunity to lock yourself in to a 9% return on your investment and any capital growth simply a bonus.

Add to that the growing belief that our dollar is ready for an almighty correction.

Our economy has slowed and interest rates may fall early next year.
Despite their basket case economy and stubborn unemployment, the Yanks on the other hand, will soon wake up to the reality that their rates simply have to go up in order to prevent going the way of Greece.
When that unfolds, you will see the mother of all swings out of our dollar and in to theirs.

Guess which currency QBE holds most of their investments in?


My amateur advice would be to jump in over the next couple of months.

We may never get another chance like it.