Normal
At no stage did I ask for comments. The thread is about cash being King. There have been thoughts exchanged for and against this philosophy, in the context of a useful and constructive discussion, barring your own contributions which seem designed to be primarily provocative. All I did was offer a possible alternative to holding one's entire asset base in cash, in putting a small amount of that capital into the market.I used BHP as an example because I believe it's a company that will still be profitable in decades to come and if what I have suggested doing as an interim measure doesn't work out, I would simply hold the shares for the long term. To make it really simple for you, think of it as buying BHP shares for the purpose of a long term hold (at what many would say are bargain prices at present), but then - if the opportunity presents itself during that hold - selling at, say, 10% profit, then re-investing on the next dip, and so on.Now, you may continue to raise all the objections you like. It's immaterial to me. I don't propose to continue to respond to your goading.As Robots would say:Thank you.
At no stage did I ask for comments.
The thread is about cash being King.
There have been thoughts exchanged for and against this philosophy, in the context of a useful and constructive discussion, barring your own contributions which seem designed to be primarily provocative.
All I did was offer a possible alternative to holding one's entire asset base in cash, in putting a small amount of that capital into the market.
I used BHP as an example because I believe it's a company that will still be profitable in decades to come and if what I have suggested doing as an interim measure doesn't work out, I would simply hold the shares for the long term.
To make it really simple for you, think of it as buying BHP shares for the purpose of a long term hold (at what many would say are bargain prices at present), but then - if the opportunity presents itself during that hold - selling at, say, 10% profit, then re-investing on the next dip, and so on.
Now, you may continue to raise all the objections you like. It's immaterial to me. I don't propose to continue to respond to your goading.
As Robots would say:
Thank you.
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.