it’s almost like the government is going to just guarantee everything all the time. It’s a healthy economy if a few badly managed businesses go bust once in a while. Investing should be about skill, timing and analysing. These days it just about borrowing as much money as humanly possible and throwing it at property and stocks. You literally cannot lose, just borrow buy, borrow buy. When I studied finance at university, I was taught all about market cycles, all of it now appears to be irrelevant rubbish. The new degree for finance will just be a 20 minutes short course, the new market cycle - borrow money and buy, borrow more money and buy. Never fixed rate because the government prints, then prints a bit more, then lowers interest rates. You can’t lose anymore. HC needs to change sentiment options to just buy or borrow and buy more.
WBC Price at posting:
$16.27 Sentiment: Hold Disclosure: Held
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