RNU 0.00% 7.8¢ renascor resources limited

RNU chart, page-2953

  1. 614 Posts.
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    "but I plan on being more aggressive with taking profits this year. I think we will see rallies and quick falls across a lot of sectors."

    interesting times ahead for sure. Agree on the above bit BTW. I still see lots of unknowns, perhaps more so than last year.

    Aus has a lot of fixed rate mortgages scheduled to lapse this year that I think will also play as will geopolitical issues facing the world and the impact of current rate increases is yet to unfold IMO. I am not mortgaged nor plan selling my house so that is a non-issue to me personally, but I see how price increases have affected my budget at the servo, supermarket, services etc. A mortgage would really change situations for me.

    from the A financial R today:
    Tighter financial conditions, erosion of real incomes amid high inflation, declining housing prices, and soft global growth point to a significant deceleration in Australia,” the IMF executive board said in its annual review of Australia."

    Maybe I'm being a bit too contrarian but as a well respected investor said, be fearful when ... you know how it goes.

    Anyway, probably a boring conversation for most now, moving on. Unless you folks want to discuss it

    C

    Last edited by chrism68: 02/02/23
 
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