Hope you guys get the get filled.
Just a bit of reflection on my miserable investment experiences.
OK, begin with GFC, I held a lot of Oz minerals, our government did absolutely nothing to bail out it, just let it dying. I have to close my position at near the worst price; ----
Loss No 1;
Then, I use the money bought TLS for safety and dividend yield. Our government started to build NBN, to kill TLS. And worse, future fund began to sell TLS ---
Loss No 2;
OK, sell TLS, and use the money for FMG. Here comes the Super Tax, cause our market drop more than anyone else; ---
Loss No 3;
Oops, sell FMG, and buy banks, you know what is the headline recently.
Loss No 4?? Should I sell banks too?
The question is what to buy?? WOW? I bet my house it will be on our government hit list.
Our government is a world champion in destroying shareholder's value, and investors' confidence. Now I understand it pays to be bears on ASX. Of course, with our government's help.
No wonder our share market under-performs the rest of the world, and most importantly, large cap under-performs small cap.
Good luck, everyone.
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