1. Most Discussed
  2. Gainers & Losers

The future rich will be quietly buying

  1. Hi all.

    Needed somewhere to go to get a feel for the current market so why not go where I know, back to HC.

    IMHO, what we are seeing in the market is just an extension of what has been happening for some time, a great many shareholders expecting large returns without contributing anything, other than their capital of course.

    Unfortunately, there are just so many people who are in need of passive income, that companies are facing a real challenge of keeping themselves competitive whilst feeding their hungry shareholders.

    Of course this has always been the case, but as investors get nervous this only compounds the problem.

    The biggest perpetrators of this are the fund managers, they think they are so clever, but alas they are just big gamblers like everyone else.

    They only have one purpose and that is to make a return for their investors from the equity markets. They have a level of control that the ordinary punter doesn’t have, by virtue of the size of their positions, but they do say the bigger they are the harder they fall.

    Even with companies like MS and SUN posting earnings above market expectations, there seems to be nothing that can create calm when there is fear in the market.

    Like everyone else, I have no idea what is going to happen next; however I do see some stocks will be absolute bargains as the heard stampedes out of the market looking for the next so called “easy money”.

    There is a real crisis in the global economy right now and what worries me is how poorly this is being reported. You will read all about it, the day after it happens.

    If I was cynical, I would think that the people who owned most of the world press, had the most to loose from this, however you could hardly suggest there was any evidence of that (tongue firmly in cheek)

    What does happen if there is a melt down? What happens to the billions of dollars in super schemes that the majority of the baby boomers have bet the house on?

    The burden the Baby Boomers have already placed on future generations to pay for their retirement is already too high and my guess is that inflation will eventually kill all their plans anyway.

    No point picking up a million dollars if it looks more like Lira?

    Any way, the point of this post was that again IMHO, there will be quite a few cashed up individuals, who won’t be relying on fund managers, who will pick up some very well priced stock over the next couple of years, which will enable them to be well placed in the future.

    Whatever happens today, will ulitmately just be a blip on a graph.

    I hold no stock currently, but looking closely at Telstra and UEC, (both deservedly battered stocks).

    I think it is just a matter of time before the banks get a belting, they have been making some very lazy money for a long time and 'real' competition must be looming.

    All for now



Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.