GXY 0.00% $5.28 galaxy resources limited

Trump EPA Contract Freeze & Media Blackout, page-4

  1. vmp
    13,605 Posts.
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    If there is a high risk of a stock market bubble, risk can be reduced not by weekly exits and re-entry but by reducing exposure and diversification into other asset class such as property. Home and investment property in Sydney did nicely especially in the last 3 years (bubbly now it seems but not abating just yet), but not as high as the 2016 gxy high risk, high returns. Gxy is at much lower risk profile now but still has very high reward potential. Hence my Gxy buy. If SMSF portfolio makes enough to buy a property without any debt, might switch to at least one more property (this time in SMSF name) and not sell until retirement for a tax free outcome. Meanwhile, lithium is a good place to invest. We have enough demand in China atm, while mgt works out sdv and jb's best way forward. Just Australia Day thought bubble here before firing up the barbie. Have a good yuge weekend galaxians. Cheers
    Last edited by vmp: 26/01/17
 
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