Why net cash company? A net cash company has strong ability to handle the finances liquidity issue, easier to make investments in future projects, and give out consistent handsome dividends. Following is a list you can't ignore:
I am looking at progress in gold! China had just set to fixed yuan-gold peg! It is a major thing, and major game changer! China is playing allin with us now! Show hand, show me your gold reserve! Which many believe many empty vault!
That's why,buy physical gold and gold mining company! Bornoil is one, others like pohkong, tomei can have little also.
I personally believe in 10% of total portfolio on gold and silver. Buffett disagree gold is currency, arguing it can't generate it can't generate any interest and doesn't grow in time, not like business! I personally think no harm holding 10% as a way of hedging and by the way.if you read human history long enough, gold had always been the only currency! It is used for thousands of years. Only after the stupid bretton wood that USD depegged gold so they can print freely that gold standard being faded off! Now, you understand why China fix it?
Steel price recovered. This yr theme seems to be steel liao? Many steel stock has rised! It can riss further should coming quarters result get better and better!
a value investor armed with 20 formulas about the past requires that the future earnings is an extrapolation of the past.
a defensive portfolio such as mine requires no such conditions. it just requires that I choose my entry point well, that my loss is limited and my potential gains far exceeds my potential loss.....it requires that I read market trends ahead of the crowd.
Fortunebullz, your portfolio defensive meh, tell me what is the beta first., i am considering both, some stocks i alredi have, want to consider add some stock picks from both now
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
paperplane2016
21,659 posts
Posted by paperplane2016 > 2016-03-30 17:33 | Report Abuse
ya kah? lets see how in Dec2016.
Icon is losing even mre -8%