NCM 0.00% $23.35 newcrest mining limited

Chart NCM to Pop Soon Gold Breakout, page-381

  1. 1,511 Posts.
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    My current stocks are NCM CCP WPL TGR QUB. All have good yields and are not trading at crazy valuations.

    I hold 65.5% property {physical House & land} 8.5% physical gold, 7.5% Equities, 18.5% Cash. The plan is to put the rest of the cash into my existing equities when the market tanks. I know from the last crash that if you are holding quality averaging down will be rewarded over time. My gold holdings are insurance against a full financial meltdown, I would like to hold more gold but staying balanced is more important. I don't think there is a perfect formula, but my objective is to preserve my capital in a market that is more dangerous than many realise. If some predictions come to fruition, a lot of superannuation funds are going to do very poorly. Charelsn comments above are are good example of how brazen some traders are, reminds me of myself in 2007 when I had more money and less understanding.

 
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Currently unlisted public company.

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