Why are retirements going to drain the share market? Even in retirement you want your money invested in something other than cash. People don’t just go and cash their Super and park it at the bank.

Explain why there will be a wave of selling.

Wes.

FireCaesar

I’m intrigued by your question. If you have any experience of investments, you’d be aware of returns for different types of fixed interest accounts, and even if you aren’t you can easily find out. Care to elaborate on your thoughts?

Wes.

“Sorry, but the only attention Jenman seeks is for himself, and, more importantly, his systems….. so that he can make more money…..”

Pelican

I’m not judging who’s right and wrong, but considering your statement, what are the seminar providers doing?

Wes.

Invent something. Yes, sounds simple when you say it, but how many people do you reckon make it with their inventions? Many of us have grand notions of becoming a best-selling author, inventing something that captures a huge market or becoming a celebrity with our untapped talent.

No-one should be discouraged from trying to achieve great things…[Read more]

Boris and Elizabeth

Do a search on this sight and I am sure you will find a lot of feedback on Margaret Lomas. Be careful though not to believe everything you read.

I have read Margaret’s books and seen her on TV. Pretty much all this has been positive. I believe she is a woman with a lot of commonsense and very down to earth. Most importantly,…[Read more]

Yes, very much agree with the last two posts. You must learn the art of investing by putting in the hard yards. There ain’t no shortcuts. Never underestimate the capital required to make either property or share investing a success. The idea you can quit your job and start with nothing is crap and misleading to novice investors. With share…[Read more]

loanwolf

Let’s use some logic. You hate your job. Doesn’t that say, either find something you like doing or escape the ratrace, i.e. become financially independent? That is exactly the choice I had to make. I decided to become financially independent as quickly as I could, so I don’t have the burden of going to a workplace I can’t stand just to…[Read more]

aussierogue

Yes, you do have to sort the wheat from the chaff. The thing is they are always so convincing and rarely concede there are other possibilities. I feel many people like to be proven right. It is important to them and gives them a warm, fuzzy feeling. In the markets it is unwise to try to prove you are right. It’s akin to trying to…[Read more]

Going back a bit in the post…

Credible economist? LOL…don’t, you’re killing me with laughter. That’s the best joke I’ve heard in a while! They are the sort of people who say, “we expect the All Ordinaries Index to be 4356 by the end of the year.” Recently I read an article where a “credible economist” was mapping out the next few years. Wow,…[Read more]

Barbara

Don’t know your experience with shares, but you must do a lot of homework if you are picking them yourself. They must be actively managed. Don’t listen to rubbish like “buy and hold for the long term”. If a share turns sour, you need to jettison it from your portfolio. Don’t argue with the market, irrespective of what some “eggspurt” is…[Read more]

Greg

I had just drafted a long reply and there was some stuff-up and it was all lost! Brilliant! [angry2]

I can’t type it again at this stage.

The guts of it was to say I could give you some advice re the share market and managed funds – cut through a lot of the BS and hype which invariably crops up in ads and other print.

If so you might want…[Read more]

Greg

Just to add a bit re shares and managed funds…

I have spent the past three years studying the share market. I have read many books and done much of my own trial and error. A few things stand out from my experience:

The best teacher is your own trial and error. You can do that in the share market without taking huge risks.

There is…[Read more]

This is not a plug for Jamie, but I will add to what Pelican said…

Don’t think regulatory authorities such as ASIC, Fair Trading, etc. are Gods. They fail the general public in the most basic ways. If you have a small claim they are not interested. The big end of town is all they are after. What this means to an individual is you might have…[Read more]

We did get off topic there for a while.

Brenda, you make some good points re expenses, prep and so on. However, I reiterate we need to drop this idea that information has to be expensive to be worth anything.

Following are some quotes from Alexander Elder directed to share traders, but they could apply equally to property investors. He is highly…[Read more]

Marc

Thanks for blowing everything out of proportion.[confused2]

Anyone with any objectivity can see what you infer is nowhere near what I said. You have really put your own spin on it.

But if you want to believe it is realistic to run 100 metres in 8.9 secs, you’ll be in for a long wait to see that come to fruition. I suppose that makes me a…[Read more]

Lucifer

Seems you want to be a billionaire since you are talking on the Bill Gates level. Take a dose of reality. It’s not going to happen. And before you get all uptight, don’t take it the wrong way. You have the power to create wealth – no question of it. Yes, we all have big dreams, but a certain amount of realism helps us to be sensible about…[Read more]

Never did I say people earning over $100,000 per year were bad. Some are reading too much into what I have said. The guts of what I’m saying is about sustainability, taking care of your own needs and helping others, i.e. living a plentiful life where you can do what you want, when you want and maximising the enjoyment in your life.

Let’s bump it…[Read more]

Marc

Yes, $350 for 15 minutes appears way overpaid. However, if your wife is in the business of saving lives then what price can you put on that? As Kay said there are many overpaid people in the world – sportsmen, actors and so on. I believe workers who are dealing with saving people’s lives should be some of the highest paid, but unfortunately…[Read more]

Lucifer

Thanks for your comments and benefit of your experience.

Brenda

RK does talk about switching to hedge funds at a point in the cycle. But the idea of switching to catch different cycles is more difficult than it sounds. Wouldn’t we all like to be moving our money at just the right time to catch each wave!

I have had investments in hedge…[Read more]

Pelican

Good point about giving a breakdown of costs and profit when running a seminar – maybe presenters could pick up on this.

Kay

I agree that books can say just as much and probably more than a seminar, at much less damage to our bank balance. As I said there are no secrets. That’s just marketing tripe from presenters to suck us…[Read more]