Ann: International non-deal roadshow presentation, page-18

First 18 Last

Share
Profile

Follow
khopchai

2,301 Posts.

475

23/03/17

13:46

Post #: 23574309
Share

Originally posted by pac5705 ↑

Guys, watching some of you play the penny game by trying to time the price of stocks prompted me to post part of my portfolio.

On Jan 2016 @11:21am I took a snapshot of some of my portfolio and what a difference a year makes (14 months).

Energy:
SXY 0.135 - today 0.325
BPT 0.415 - today 0.755
STO 3.12 - today 3.63

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...

Expand

Hi pac, what do you think is going to happen to the AUD? It has been resilient of late!

SXY Price at posting: 33.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

ENV

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

VUL

Vulcan appoints investment bank and M&A veteran to board

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

MLS

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

NAM

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

ASN

Utah authorities sign off on Anson's lithium extraction plans at Green River

AZY

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

MKG

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

MM8

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

There are more pages in this discussion • 17 more messages in this thread...

First 18 Last

Add SXY (ASX) to my watchlist

Ann: International non-deal roadshow presentation, page-18

Top Stories

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Vulcan appoints investment bank and M&A veteran to board

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Utah authorities sign off on Anson's lithium extraction plans at Green River

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Featured News