Cyprus-Forum.com

[miltiades]

I will reveal later this week.
In the meantime Tomtom closed up on the day 30 cents, now at 8.22, exactly 1 euro more than I went in for. Will I sell, no way, my sell point has some way to go.
Profit thus far 1000 euros.
Thursday will be the day !!
As I said earlier speculative trading is risky as stocks fluctuate constantly. Nobody can get right 100% of the time.

[Maximus]

I will reveal later this week.
In the meantime Tomtom closed up on the day 30 cents, now at 8.22, exactly 1 euro more than I went in for. Will I sell, no way, my sell point has some way to go.
Profit thus far 1000 euros.
Thursday will be the day !!
As I said earlier speculative trading is risky as stocks fluctuate constantly. Nobody can get right 100% of the time.

Well done.

[Pyrpolizer]

I will reveal later this week.
In the meantime Tomtom closed up on the day 30 cents, now at 8.22, exactly 1 euro more than I went in for. Will I sell, no way, my sell point has some way to go.
Profit thus far 1000 euros.
Thursday will be the day !!
As I said earlier speculative trading is risky as stocks fluctuate constantly. Nobody can get right 100% of the time.

Reh Milti every time this guy travels to the US his shares boost up.
Same happened 20 days ago.
Presumably he is trying to sell his Telematics division which basically is a software for managing truck fleets.
Imo unless he finally strikes a deal there's no way for the stock to reach your target value of 12.

[Paphitis]

There are different products under the scheme from Balanced Funds to High Risk Shares etc. Notice how they said it averages out at 7.5% for balanced products. My product isn't a Balanced Super Product. My Super is 100% shares in the Australian and US Stock Markets. I chose USA because the USA is flush with Blue Chip options like Microsoft, Apple, Boeing, Tesla etc etc.

I don't do balanced Pyro! I like to live on the edge buddy! But I also know the gains and am responsible for my decisions. I have a reasonable grasp of how the markets work and am educated on the benefits of my high risk profile as well as the potential short term pitfalls when the market corrects itself.

Balanced is a combination of property, bank deposits and shares and average 8% or something like that.

High Risk averages more than that - about 10 to 12%. This is what I do.

And with the high risk funds, you can elect which stock markets you want to invest in. I have chosen Australian ASX Stocks and USA Dow Jones and NASDAQ. 50% goes to Australian ASX and 50% to USA Dow Jones and NASDAQ. This is especially risky because my fund is vulnerable to movements of the AUD/USD. When the movements favour me, I have very big gains but when it doesn't I can lose. Even if the market goes up I can lose on the AUD/USD exchange but when it goes the right way its friggin awesome.

For instance, lately, it has been doing very well because the AUD fell from 0.85 to 0.70. So US fund went up 20% just like that even without the Dow Jones/NASDAQ market. But there is a catch. New money loses out because the USD costs me more.

So the exchange rate adds the X Factor and more excitement, more gains and maybe more losses.

Young people generally go for High Risk high gain investments because they have time.

Older people, in their late 50s, are better off taking a more conservative approach and going for the Balanced Options. They will not be affected as much is there is a market crash.

Super annuation guarantee is for low income earners. These accounts are protected and guaranteed by the Australian Government.

You are moving the goalposts again Paphitis.
This is what you said verbatim:

We already went through a Financial Crisis in 2008. The Super Fund has more than increased by over 150% since then.

Clearly you were not referring to your own Super, but to the average Super.

Of course I was referring to my own, and my wife's too who also has 2 Super accounts and has the same risk profile as me.

I am trying to tell you that there are many different products. The one you linked to were the balanced Products which is basically a balance between High Risk and Less Risk. If you are in a Balanced Fund, something like 50% to 70% of your money is in stocks. The rest might be in property and cash interest.

My high risk profile is 100% stock market - 50% ASX and 50% Dow Jones. This is the higher returning fund by a long way. Average earnings on capital is about 12% per annum since this fund was incepted in 1992 in Australia. It Compounds too.

Yes, my fund has rolled over and then some since 2008 by a factor of about 150%. In other words it has doubled and added half its value again.

What I am trying to tell you is that market crashes like 2008 are basically irrelevant. Not to mention the fact that our fund managers are big time traders on the ASX and on Wall Street also referred to as Institutional Investors. These guys are in the know and can even influence the market with their mass buying.

I have shares in an Industrial Fund. Basically I own shares or units in it and they are split into 2 funds where I own units which have a specific dollar value. This fund then buys shares and invests in the ASX and Dow Jones on their clients behalf and based on the performance, dividends and so on, my shares go up or down. They move on a daily basis.

If in 2008 the share price was about $1.00 per share. Today they are worth $2.50 per share.

If they crash down to let's say $2 per share, I get to buy more units at a cheaper price. That is advantageous. Because I am in for the long term. I get more units and eventually they will get back to $2.50 and go beyond.

BTW, i have never witnessed such a drop in my life.

The worse that happened in 2008 is that the ASX crashed by about 12%. Our fund managers only realized a loss of about 6% or less because they anticipated the correction and when for the safe havens and within 12 months regained all lost territory by 2009.

In fact, it is probably these Pension Funds that exacerbate the correction by selling off their stocks.

the other thing you should learn is this. Given the fact that Cyprus has an ageing population, you will need to question the sustainability of its pension welfare system, just like every other Western Country has. Those countries that will be able to sustain their economies are the ones like Australia, Denmark, Japan and Norway am,ong a few others who have taken steps to address their viability with their ageing populations. If Greece and Cyprus do nothing, then they will go tits up again. So expect the IMF to return.

[Paphitis]

I will reveal later this week.
In the meantime Tomtom closed up on the day 30 cents, now at 8.22, exactly 1 euro more than I went in for. Will I sell, no way, my sell point has some way to go.
Profit thus far 1000 euros.
Thursday will be the day !!
As I said earlier speculative trading is risky as stocks fluctuate constantly. Nobody can get right 100% of the time.

You got Daimler Benz, AUDI, Barclays and Apple lurking.

If this is announced, then they will go up more.

[miltiades]

Apple is the one for me.
By the way Barclays is not a potential predator but is leading the auction for Telematics. HERE TECHNOLOGIES is also one.
As I said earlier my sell target is 12.20 euros, although my instinct tells me that we see the price well up from my target. Since Im a down to earth speculator, 5000 euros in 3 weeks ain't that bad mate, it represents more than ....500 bottles !!
Again I reiterate, nobody can be right all the time , trading is extremely volatile and very risky. Generally I watch a stock and learn as much as possible. My longer term is Ripple XRP. This I shall keep for at least 3 to 6 months, i bought at 0.44 $, currently around the 50 to 53 cents.

[miltiades]

Just an update on Ripple XRP.
Today's announcement by the Central bank of Europe that it will soon launch it's own coin has driven price down considerably.
The infrastructure of the bank is not as yet available but Im sure it soon will.
I shall stay with Ripple, currently at 0.48 cents but will have to consider my position in due course. This is what makes markets such an exciting journey .

[Get Real!]

Just an update on Ripple XRP.
Today's announcement by the Central bank of Europe that it will soon launch it's own coin has driven price down considerably.
The infrastructure of the bank is not as yet available but Im sure it soon will.
I shall stay with Ripple, currently at 0.48 cents but will have to consider my position in due course. This is what makes markets such an exciting journey .

I have no idea where you get the energy or interest, in playing the stock market at 70+.

For the sake of the argument let’s suppose you win a million dollars… what’s an old geezer like you going to do with it?

The idea of wealth is to acquire it while you’re young and not when you’ve got one foot in the grave!

No insult intended whatsoever Milti... but I just don’t understand your thought process.

[B25]

Just an update on Ripple XRP.
Today's announcement by the Central bank of Europe that it will soon launch it's own coin has driven price down considerably.
The infrastructure of the bank is not as yet available but Im sure it soon will.
I shall stay with Ripple, currently at 0.48 cents but will have to consider my position in due course. This is what makes markets such an exciting journey .

I have no idea where you get the energy or interest, in playing the stock market at 70+.

For the sake of the argument let’s suppose you win a million dollars… what’s an old geezer like you going to do with it?

The idea of wealth is to acquire it while you’re young and not when you’ve got one foot in the grave!

No insult intended whatsoever Milti... but I just don’t understand your thought process.

Its obvious GR, he can screw more, drink more and whatever left, his grand kids will get. that's what I'd do! Good luck to him.

[MR-from-NG]

Just an update on Ripple XRP.
Today's announcement by the Central bank of Europe that it will soon launch it's own coin has driven price down considerably.
The infrastructure of the bank is not as yet available but Im sure it soon will.
I shall stay with Ripple, currently at 0.48 cents but will have to consider my position in due course. This is what makes markets such an exciting journey .

I have no idea where you get the energy or interest, in playing the stock market at 70+.

For the sake of the argument let’s suppose you win a million dollars… what’s an old geezer like you going to do with it?

The idea of wealth is to acquire it while you’re young and not when you’ve got one foot in the grave!

No insult intended whatsoever Milti... but I just don’t understand your thought process.

Milti has a couple of those already