'Amanda is perhaps loose with the truth sometimes' She has...

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Pennie

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15/11/23

10:11

Post #: 70908304
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Originally posted by acwmr: ↑

I was of similar view to yourself and did very well out of corporate bonds, as interest rates fell from 20% to 5%. In 2013 when i retired I had enough assets to generate liveable income with the niceties of travel and good (not bulkbilled healthcare.

Many of the bonds i purchased were inflation linked. However i see the CPI numbers as not representative of real changes to prices. The main issue i see is excessive growth in money supply through public sector spending on welfare and infrastructure, financed through issue of sovereign debt that will never be repaid. This simply debases the fiat currency so many feel wealthier but are actually poorer, less healthy, more stressed if they live in a large city, especially on fringe. But even the nicer suburbs are crowded with stressed people who can't get good tradespeople and domestic services like thei grandparents could.

I enjoy the challenge of preserving and increasing real wealth, through equity investment and live in a nice rural setting on the coast. I visit a large state capital one or two times a month to meet peers and see family. My priorities are spiritual, mental and physical health.

Lynas is a small interest, and I see it as a hedge against global military conflict along with gold that I generate income from by leasing (3-5%, paid in gold).

Amanda is perhaps loose with the truth sometimes but overall she has led us well through the political challenges we faced in Malaysia.

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'Amanda is perhaps loose with the truth sometimes'

She has pulled the company through and we are grateful, but I have to agree with you on this, much as I like her.

LYC Price at posting: $7.11 Sentiment: None Disclosure: Held
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(20min delay)
Last $9.20		Change 0.130(1.43%)		Mkt cap ! $8.606B

Open	High	Low	Value	Volume
$9.06	$9.31	$8.96	$20.49M	2.226M

Buyers (Bids)

No.	Vol.	Price($)
1	5955	$9.17

Sellers (Offers)

Price($)	Vol.	No.
$9.21	1000	1

View Market Depth

No.	Vol.	Price($)
1	5955	9.170
1	1200	9.160
1	56	9.150
1	10637	9.140
1	3000	9.130

Price($)	Vol.	No.
9.210	1000	1
9.230	25573	3
9.240	14854	2
9.250	22687	6
9.270	15137	2

Last trade - 16.19pm 26/06/2025 (20 minute delay)

LYC (ASX) Chart

'Amanda is perhaps loose with the truth sometimes' She has...

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'Amanda is perhaps loose with the truth sometimes' She has...

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