Stock Picks - Darlings and Dogs

How successful have you been in trading your own equities, etfs and funds ?

  • Extremely successful (make a living off my takings)

    Votes: 8 2.7%

  • Beating passive investment returns

    Votes: 133 44.2%

  • About par with normal returns from banks and money markets

    Votes: 52 17.3%

  • Lost a few pennies of spare cash to play with

    Votes: 34 11.3%

  • Should have rather left my money in the bank

    Votes: 27 9.0%

  • Took a knock

    Votes: 23 7.6%

  • Cremated

    Votes: 24 8.0%
  • Total voters
    301
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L-Dog

Expert Member
Joined
Oct 25, 2017
Messages
3,342
L-Dog said:
Pretty sure China is tracking me and wants revenged for something.. Buy Bitcoin, 2 days later China bans bitcoin mining. Buy Naspers couple of days later China starts regulating big tech firms, buy more Prosus China limits the amount of hours kids can game... Not sure what I should buy next, maybe some Telkom shares so China can sink them
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Now our friends Evergrand are in trouble, China are trying to financially ruin me

www.ft.com

Wall Street marks biggest drop since May as Evergrande crisis intensifies

Global market sell-off comes as payment deadline looms for debt-laden Chinese property developer
www.ft.com www.ft.com
 
surface

surface

Honorary Master
Joined
Oct 23, 2006
Messages
26,594
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L-Dog

Expert Member
Joined
Oct 25, 2017
Messages
3,342
Haha nope 8% up but its only due to a couple of good picks Sasol, MTN, ACL, AEG and PPC. The wrest is a sea of red
 
surface

surface

Honorary Master
Joined
Oct 23, 2006
Messages
26,594
JayM said:
Ouch. Been a while since I was down 6 figures before market open. Selling naked puts later to make it all back though.
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Same here although my 6 figures, with 2 decimal points. No one seems to understand pain of us rich guys.
 
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surface

surface

Honorary Master
Joined
Oct 23, 2006
Messages
26,594
Dylan_G said:
Help us Noobs out...

Where and what should we be looking at buying?
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I am not advising but I suspect China market is down (and emerging market as a result), thinking is to buy MSCI China/Emerging markets as they are likely to come up in next 2-3 years?
 
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L-Dog

Expert Member
Joined
Oct 25, 2017
Messages
3,342
Dylan_G said:
Help us Noobs out...

Where and what should we be looking at buying?
Click to expand...

Think the market first needs to stabilize will check out the news and opinions of some traders this week and give my prediction next week
 
rvZA

rvZA

Honorary Master
Joined
Jan 3, 2021
Messages
16,572
surface said:
I am not advising but I suspect China market is down (and emerging market as a result), thinking is to buy MSCI China/Emerging markets as they are likely to come up in next 2-3 years?
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I am weary of all markets across the globe. They are all battered by Covid-19 and they are struggling. I think many foreign markets are still to experience the worst of Covid in the next 5-10 years.

South Africa is not only battered by Covid, but it faces a bad Government influenced by Socialist ideologies. I think SA markets will gradually keep declining and likely flatten out at some point in time and simply trade sideways with no real potential for growth.

As for China, I think things are about to get a lot worse for them in the next 10 years. They are extremely reliant on a good world economy. As Covid affects the global economy, the demand for China is decreasing. More of their sectors will suffer more decline in coming years.

Just my opinion, but markets now are risky and for the brave people. I would much rather be stocking up on gold and keep my investments in a safe haven while Covid plays out.
 
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saturnz

Honorary Master
Joined
May 3, 2005
Messages
19,666
a seriously massive day today, all eyes will be on the FED

in my view the FED will do nothing and will not mention interest rate increases or tapering

any hint in the language the FED intends to do either or both will see markets tumble
 
rvZA

rvZA

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Joined
Jan 3, 2021
Messages
16,572
saturnz said:
a seriously massive day today, all eyes will be on the FED

in my view the FED will do nothing and will not mention interest rate increases or tapering

any hint in the language the FED intends to do either or both will see markets tumble
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Not many people would agree with me, but one just needs to look at China to see where both South Africa and America is heading. There is not much difference between the ANC government, the US government and their spending plans and what China's government been doing the past few months....

China has been cracking down hard on Capitalism in the country. This crackdown already wiped off more than $1tn off their market values. Xi already made it pretty clear, he wants greater distribution of wealth and also a state-run private sector. He also, on behalf of the working class, declared a 'war' against capitalism.

While Biden has already started implementing more ways to intervene and regulate the economy, he also constantly speaks about equality and favours redistribution of income. The only difference between US and China policies is that China did not raise taxes (as yet).

No matter how the FED approaches this, America is in trouble and world markets too. It is not a good time to be invested heavily as a big collapse is imminent.
 
S

saturnz

Honorary Master
Joined
May 3, 2005
Messages
19,666
rvZA said:
Not many people would agree with me, but one just needs to look at China to see where both South Africa and America is heading. There is not much difference between the ANC government, the US government and their spending plans and what China's government been doing the past few months....

China has been cracking down hard on Capitalism in the country. This crackdown already wiped off more than $1tn off their market values. Xi already made it pretty clear, he wants greater distribution of wealth and also a state-run private sector. He also, on behalf of the working class, declared a 'war' against capitalism.

While Biden has already started implementing more ways to intervene and regulate the economy, he also constantly speaks about equality and favours redistribution of income. The only difference between US and China policies is that China did not raise taxes (as yet).

No matter how the FED approaches this, America is in trouble and world markets too. It is not a good time to be invested heavily as a big collapse is imminent.
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yeah I don't agree with you
 
Scooby_Doo

Scooby_Doo

Executive Member
Joined
Sep 4, 2005
Messages
9,081
saturnz said:
a seriously massive day today, all eyes will be on the FED

in my view the FED will do nothing and will not mention interest rate increases or tapering

any hint in the language the FED intends to do either or both will see markets tumble
Click to expand...

I have some ammo ready for the crumble, so here is hoping.
 
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L-Dog

Expert Member
Joined
Oct 25, 2017
Messages
3,342
Wonder if the Chinese government will bail out Evergrande or if they lets them crash first to prove no onw is bigger than the state?
 
rvZA

rvZA

Honorary Master
Joined
Jan 3, 2021
Messages
16,572
L-Dog said:
Wonder if the Chinese government will bail out Evergrande or if they lets them crash first to prove no onw is bigger than the state?
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I highly doubt that Evergrande will be bailed out by the Chinese government. In fact, I am pretty much convinced it will not be.
 
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