Sharemarket

[Mr_Willy]

you're giving very general & broad advice here, which could be dangerous...

What would be a better investment- housing or shares at the moment?

Shares - always IMHO.
Average housing increase over the long term is 1% per annum according to the Professor on the Four Corners this week, whereas shares are prob 5-10% per annum in the long term.

Shares always!?? Your kidding me aren't you?!~?

Average housing increase over the long term is around 7% p.a - not sure what kind of a professor that guy was, but that 7% is from the Residex Report which tracks housing prices officially. Some places can get up around the 20% p.a mark if you get the right areas. House prices on the average have always trended up - and never bottom out like the share market does.

Why would you put in for so much risk with shares to try and get 10% when you can have something as safe as a house and get 7%.

Most banks recently were offering over 8% interest rates at call - GUARANTEED!!!!

Only buy shares if you can handle the fluctuations - it is all good when it is going up, and so called experts think they can actually pick it - but if you want long term gains without the worry, you can not go wrong with property.

[Punk Rooster]

considering BHP shares @ $25 a share at the moment...

[G]

And Punk do you know what they were last week, and even the week before ???
-Im pretty sure if you bought them in the last few days you're not selling out today for a profit

ps. Just had a look at the Money site on ninemsn and the expert on there is also struggling with his portfolio.
-Overloaded you're either a genius or just plain lucky !!!!!!!!!

[overloaded]

And Punk do you know what they were last week, and even the week before ???
-Im pretty sure if you bought them in the last few days you're not selling out today for a profit

ps. Just had a look at the Money site on ninemsn and the expert on there is also struggling with his portfolio.
-Overloaded you're either a genius or just plain lucky !!!!!!!!!

I bought BHP shares last friday for $28 and sold Tuesday for $31.77.
I bought them again today for $26 and will sell them on the next rally.
If you call that genius so be it.

[Punk Rooster]

And Punk do you know what they were last week, and even the week before ???
-Im pretty sure if you bought them in the last few days you're not selling out today for a profit

ps. Just had a look at the Money site on ninemsn and the expert on there is also struggling with his portfolio.
-Overloaded you're either a genius or just plain lucky !!!!!!!!!

I do G- they were $48 four months ago...

[Dutchy]

I sold my BHP shares to buy into a horse when they were $13-

but I did buy them at $8-

[Bold Strategy]

you can't live in shares, but not everyone can afford to buy a house, IMO i think it a good time to buy shares all when a recession is announced, cant see them going down that much more, and if anyone knows anything about economics/finance there something called the bus. life cylce. My bank savings interest rate was up 7% and is now down to 5.75% so might get on board BHP shares, what the best bank to buy shares with??

[rooburger]

Ahh just sitting back watching the comments.
I have shares and use comsec,
fast and nice site to use.

the old chestnut of shares versus property.

over the years and having both with experience in all fluctuations of markets .
Shares are the winner for money made over time.

property makes money but also costs you money.
negative gearing can only get you so far.
remember the many ongoing cost you have with a property not to mention loan costs and the average price for a house.

there are booms in both camps
its a huge question with many answers for many situations and risk tolerance.

i know whats worked for me hence off to USA for a white xmas with New years eve on a cruise ship in Mexico.
better than looking at houses with no cash until sold.

good subject

[G]

Thanks Punk, so they have virtually halved which seems to be about par for most solid stocks.

[mighty_tiger_79]

Ahh just sitting back watching the comments.
I have shares and use comsec,
fast and nice site to use.

the old chestnut of shares versus property.

over the years and having both with experience in all fluctuations of markets .
Shares are the winner for money made over time.

property makes money but also costs you money.
negative gearing can only get you so far.
remember the many ongoing cost you have with a property not to mention loan costs and the average price for a house.

there are booms in both camps
its a huge question with many answers for many situations and risk tolerance.

i know whats worked for me hence off to USA for a white xmas with New years eve on a cruise ship in Mexico.
better than looking at houses with no cash until sold.

good subject

you need to share your wisdom with us!

i prefer using a sharemarket for 30seconds

[mighty_tiger_79]

is anyone going into the virtual sports sharemarket and i think the advertiser is having a sharemarket virtual comp

[another grub]

I bought Ambri shares when they were 40c they are now 2c

Shove ya shares .... Id rather keep an eye out for gifts on the punt and load up.... eg Victoria (against the jellybacks)

[overloaded]

Just sold off again and made another $1577.

[another grub]

OL....can I transef $5k to your account????

[ryles-kennels]

Total Equity:
$111,391.47
$11,391.47 (10.2%) Today's Change:
$6,513.02 (5.8%)
Overall Ranking:
1 of 2408


GOTTA LOVE THE STOCKMARKET!!

Over $11,000 profit in less than 48hours

[overloaded]

Wouldn't at all surprise me if the arse drops out again tomorrow and again thursday....

Volatility has come off slightly but still quite high so if it drops it will be a reasonable size drop. Analysts are expecting more bad news out of China in the next few days and if this comes it will smash resource stocks again, so get your commsec accounts ready boys and girls.

As for the argument between property and shares....when was the last time you bought and sold a house in five days and made 7%?

Property and shares are both sound long term investments, but when the market has volatility (like now) all you need is a bit of equity, some commonsense and a nerve and there is some serious money to be made.

[another grub]

As for the argument between property and shares....when was the last time you bought and sold a house in five days and made 7%?

.

or wait for gifts on the punt......50% if you backed India at lunch yesterday.... 80% if you backed them when they declared.....

[eags]

South Africa $1.07 vs Kenya in 1st 1 dayer 31st October

There's your 7% in one day right there!!

[overloaded]

South Africa $1.07 vs Kenya in 1st 1 dayer 31st October

There's your 7% in one day right there!!

But would you put $10K on it eags??

[another grub]

I honestly think SA would beat Kenya 49 times out of 50..... so they should be $1.02...... $1.07 is a gift but it still takes balls to hand over 5 figures..... (like I did with the olympics ...USA $2.25 most medals)