Thread: Investments
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Old 17-04-2011, 03:22 PM   #6
uranium_death
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Join Date: Jul 2006
Location: Water of the Bays
Posts: 2,496
Default Re: Investments

I bought MacQuarie Bank and CBA when the share prices tumbled and people were crapping their pants. I rubbed my hands together and said, 'opportunity'.

Mind you, I did buy ConnectEast at like $1.50 which in hindsight was bad...but I'm ahead overall.

Also had AXA when they were cheap, and just got converted to AMP with some cash too....

If you play your cards right, don't jump in willy-nilly and only invest what you can afford, then you'll be okay.

Personally, I don't invest to be rich overnight. I'm a long-termer.

A mate of mine buys Rio Tinto, waits until they rise 10% and the sells.
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