Home » Commentary

Exciting Times

September 18, 2008 9:52 pm by Dean Morel

These are the best times to be an accumulating investor. Volatile, wild times. Australian Banks were slaughtered today. Macquarie Group (MQG) and National Australia Bank NAB down heavily.
The Fusion Investing Fund was close to buying today and was hoping to buy Westpac under $21. ANZ also looked good at close to $15, but as the Fund already has a position in ANZ and it is slightly higher risk than Westpac, diversification into Westpac seemed like a better strategy. By the time this meltdown is over the fund would like positions in numerous Australian Financials.

Share and Enjoy:
  • email
  • StumbleUpon
  • Technorati
  • Digg
  • del.icio.us
  • MisterWong
  • NewsVine
  • Yahoo! Buzz
  • Tipd

Related posts:

  1. Strong Australian Dividend Stocks
  2. GPG’s Low Ball Bid for MMC Contrarian
  3. Investing is Easy – Fusion Fund buys ANZ
  4. Delving into my Super
  5. Strange things a foot
  6. Buying in Australia Today

Leave your response!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.