no such thing as a blue chip, page-2

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    ...Hi Finch...

    ..You are right, the so called "blue chips" that all the fund managers are telling everyone to stick to,( i wonder if its coz they have an interest in promoting blue chips for every mum and dad super accounts),well these ones are the fastest to fall in a crisis...

    ..example...i remember picking up ANZ Bank at $12.50during the last GFC and gee you couldnt sell the thing higher than that and it fell from 25 bucks to just under 12 during that time..

    ...Luckily i managed to hold on and put them away in the bottom drawer...

    ...Its all about timing...

    ...RB
 
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