Stocks that won't shock - Is now the time to buy?

Discussion in 'Share Investing Strategies, Theories & Education' started by BillV, 1st Nov, 2008.

Join Australia's most dynamic and respected property investment community
  1. BillV

    BillV Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    1,555
    Location:
    Sydney
    Investing money in a bear market is not rocket science but it can be tricky.
    We'll need to look for companies which have the potential to make us money
    today and in 5-10 years from now. This is not as hard as it seems if we use common sense.

    The price of petrol, gold etc may fall by 20% but people are still going to buy them. So buying companies which sell popular items makes sense to me.
    The same with our banks.
    Everyone has a bank account and nearly everyone I know has a mortgage
    so our banks are certainly on my buy list.


    People are afraid to buy now just in case a company loses money or the share market falls further. Our companies are in great shape and its important not to couple a current stock price with the business. Just because a stock price falls following the trend out of the US does not mean that the company is not worth buying.

    I believe that now it's the time to start looking at quality stocks
    but how do we find out which ones are worth buying?

    Here is a relevant article

     
    Last edited by a moderator: 1st Nov, 2008
  2. crc_error

    crc_error The Rule of 72

    Joined:
    1st Jul, 2015
    Posts:
    1,267
    Location:
    Melbourne, VIC
  3. BillV

    BillV Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    1,555
    Location:
    Sydney
    CRC

    Very true, I actually don't believe that the problems are over yet
    but some shares would now be very near their bottom price (if they have not bottomed yet) so it's time for me to start building up my share portfolio.

    My plan is to buy monthly and initially I will be using my own money.
    When I am 100% certain that the market has turned I will use my LOC and will buy bigger chunks using OPM.

    cheers