RE:What Quasimodo told you...Just a comment to the part about "Exposure is weak" ie: having gone mainly to cash and being prepared for a market crash.
Bossu and others have been singing this tune about a market crash for at least a year. I have always said that market timing doesn't work and if you look at the doomsday-type people, you'll see they have a history of calling for about 10x the number of crashes/corrections that actually occur. ie: they are wrong almost all the time!!
I have a portfolio spreadsheet that I save a copy of at the end of each month. The spreadsheet contains a ton of good stuff including the date and amount of the last new record for portfolio value (it then gets saved as it was for each month). I went back and had a look at the last 12 monthly spreadsheets and noticed that we hit a least one new record in every month except two (July & Nov). The most recent high was just a couple days ago on Mar 4.
Anyway, the moral of the story is to build a solid portfolio of dividend income/growth stocks and only sell if something has changed with the particular company.
Ciao
Sarge
bossu wrote:
But Putin did not call me !
Be cash and be invested in the oil sector like Vemillion .
If I could say to Randy ;
Increase your exportation LPG to Asia and bring the schedule to a one load per week at Ridley for 52 loads per year or 2 289 000 tons or 80 000 bar/day
You could do the same at Ferndale and increase the exportation by 50 %
and t bring an 64 000 bar/day for a total of 144 000 bar/day
Your project for a third exportation operation is an extra possibitity to double the production to Asia.
Sorry but I have to ring the bell and take care of Esmeralda.
I may come back in a couple of weeks but Quasimodo is feeling very good to night because of Vemillion share price getting excited .
As far as the drop in rhe overall market Quasimodo d'ont care because his exposure is weak !