Financial Thread

[bathursttiger1]

Keep it here.

 

[Tiger_Steve]

I think we should sign Mansour....... as a financial planner

 

[bathursttiger1]

https://youtu.be/MLgn_kVKjCE

 

[bathursttiger1]

I think we should sign Mansour....... as a financial planner

Too slow.

 

[tony soprano]

Thank god

 

[twentyforty]

I think we should sign Mansour....... as a financial planner

Oh I don’t know?
Mansour has done ok over the longer term, he’s one of the most highly valued wingers.
Question is, if there’s a run on Mansour would you want to be selling or buying?

 

[Harvey]

Should the bitcoin thread be moved here?

 

[jadtiger]

I think we should sign Mansour....... as a financial planner


Oh I don’t know?
Mansour has done ok over the longer term, he’s one of the most highly valued wingers.
Question is, if there’s a run on Mansour would you want to be selling or buying?

The people who own all the Mansour shares(panfers) are frantically trying to sell them.It seems nearly worthless to me.

 

[TillLindemann]

I think we should sign Mansour....... as a financial planner


Oh I don’t know?
Mansour has done ok over the longer term, he’s one of the most highly valued wingers.
Question is, if there’s a run on Mansour would you want to be selling or buying?



The people who own all the Mansour shares(panfers) are frantically trying to sell them.It seems nearly worthless to me.

But if a broker is offering free shares in a young startup Daine Laurie as a package, the Mansour shares, if cheap enough, could be worth a punt?

 

[jadtiger]

I think we should sign Mansour....... as a financial planner


Oh I don’t know?
Mansour has done ok over the longer term, he’s one of the most highly valued wingers.
Question is, if there’s a run on Mansour would you want to be selling or buying?



The people who own all the Mansour shares(panfers) are frantically trying to sell them.It seems nearly worthless to me.

But if a broker is offering free shares in a young startup Daine Laurie as a package, the Mansour shares, if cheap enough, could be worth a punt?

Unfortunately not,you would still be left with worthless Mansour shares for at least 2 years and you have already purchased the Laurie shares a year in advance.

 

[earl]

https://youtu.be/MLgn_kVKjCE

This is what everyone should listen to and watch.

Keep your money in your pockets and get better returns.

 

[hank37w]

I think we should sign Mansour....... as a financial planner


Oh I don’t know?
Mansour has done ok over the longer term, he’s one of the most highly valued wingers.
Question is, if there’s a run on Mansour would you want to be selling or buying?



The people who own all the Mansour shares(panfers) are frantically trying to sell them.It seems nearly worthless to me.

But if a broker is offering free shares in a young startup Daine Laurie as a package, the Mansour shares, if cheap enough, could be worth a punt?

What dividends are Mansour shares returning at the moment?

 

[finnzo]

So my plan is to invest half my money into ets such ask global top100 and other etfs of that nature. Does any 1 see a problem with this plan?

 

[twentyforty]

I think we should sign Mansour....... as a financial planner


Oh I don’t know?
Mansour has done ok over the longer term, he’s one of the most highly valued wingers.
Question is, if there’s a run on Mansour would you want to be selling or buying?



The people who own all the Mansour shares(panfers) are frantically trying to sell them.It seems nearly worthless to me.

But if a broker is offering free shares in a young startup Daine Laurie as a package, the Mansour shares, if cheap enough, could be worth a punt?

What dividends are Mansour shares returning at the moment?

From where I’m looking the P/E ratio is not looking good.

 

[Hangonaminute]

So my plan is to invest half my money into ets such ask global top100 and other etfs of that nature. Does any 1 see a problem with this plan?

Yes, there's no Bitcoin in it.

 

[tony soprano]

Im just paying off mortgage debt unfortunately not much point investing until all your debt is paid I guess


Sydney house prices are crazy somehow Covid has made prices go up again.

So I think I’m pretty much stuck where I am until kids finish schooling and my kids are very young.

Anyone recommend any good suburbs to reduce debt?

 

[earl]

This is actually a really serious topic. Put it this way. Investing via FP's and the like can cost you 10's and even 100's of thousands of dollars over the course of your life. Do people on here have enough money to throw away like that ? I don't.

A general plan for most people would be:-

1. Pay off your house.
2. Make sure your super fund invests in low cost indexes. The lower the cost and the broader the index the better.
3. If you pay off your debt and you want to retire prior to 60 or you will end up with too much in Super than invest in index funds outside of super.
4. I like ETF's because they have the lowest fees.
5. I like vanguard. You really cant go too wrong here.

 

[earl]

In regards to the specifics of what to invest in. Stock indexes are going to drive your wealth over the long term. Bonds & cash are there for sequence of returns risk (SORR). SORR is the risk that your retirement fails in the first 5-10 years. Over time though inflation is what kills your retirement. The way to beat inflation is via stock indexes.

I have a low cost super fund that is all stocks. I have about 75% in international index an 25% in Australia.

For money outside of super if you are really lazy you can buy VDHG.I use VAF (a really small amount), VGS and VAS.

https://www.vanguard.com.au/personal/products/en/overview/etf
https://www.vanguard.com.au/personal/products/en/overview/diversified

 

[TillLindemann]

So my plan is to invest half my money into ets such ask global top100 and other etfs of that nature. Does any 1 see a problem with this plan?

Not a bad idea, the downside is you pay fees with an ETF as opposed to owning them directly yourself.

Right now I personally am focusing my investing especially in Australian agricultural/food companies: Bega Cheese, Graincorp, Rural Funds Group, Australian Agricultural Company (all are on the ASX)

 

[TillLindemann]

This is actually a really serious topic. Put it this way. Investing via FP's and the like can cost you 10's and even 100's of thousands of dollars over the course of your life. Do people on here have enough money to throw away like that ? I don't.

A general plan for most people would be:-

1. Pay off your house.
2. Make sure your super fund invests in low cost indexes. The lower the cost and the broader the index the better.
3. If you pay off your debt and you want to retire prior to 60 or you will end up with too much in Super than invest in index funds outside of super.
4. I like ETF's because they have the lowest fees.
5. I like vanguard. You really cant go too wrong here.

On point 4, why pay fees at all? Why not directly own a decently diversified portfolio yourself, rather than via a ETF?