There's always corrections, sometimes a crash ie when covid smashed it but they make money and in general keep making more and increasing their dividends. Therefore new highs.
Interest rate forecasts are the likely driver atm.
Just remember, they've been making new all time highs since they listed at around $5.40.
Probably overvalued right now but I'm not even considering selling. Likely never will. $CommBank (CBA.AU)$
Interest rate forecasts are the likely driver atm.
Just remember, they've been making new all time highs since they listed at around $5.40.
Probably overvalued right now but I'm not even considering selling. Likely never will. $CommBank (CBA.AU)$
mrminivee
commented on
Hey everyone,
I've been reading about a worrying trend in our healthcare system: Private hospitals are starting to avoid surgeries that don't make them enough money.
This means essential procedures like wisdom teeth removal, breast reconstructions after cancer, and gynaecological surgeries are at risk.
The media is framing this as a fight between insurance companies and hospitals, but what they're not mentioning is that Healthscope, a major...
I've been reading about a worrying trend in our healthcare system: Private hospitals are starting to avoid surgeries that don't make them enough money.
This means essential procedures like wisdom teeth removal, breast reconstructions after cancer, and gynaecological surgeries are at risk.
The media is framing this as a fight between insurance companies and hospitals, but what they're not mentioning is that Healthscope, a major...
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mrminivee
commented on
Happy Friday, Aussies!
As you can see from my past posts, I'm considering using a recent windfall to clear both my and my partner's student loans. After that, our next goal is to buy a house in Melbourne.
In reality, if we proceed with this plan, we'll need to take out a mortgage for the house. Our financial situation is fairly not-bad, I believe, especially when compared to our peers in uni. However, there's always ...
As you can see from my past posts, I'm considering using a recent windfall to clear both my and my partner's student loans. After that, our next goal is to buy a house in Melbourne.
In reality, if we proceed with this plan, we'll need to take out a mortgage for the house. Our financial situation is fairly not-bad, I believe, especially when compared to our peers in uni. However, there's always ...
17
5
Dad's philosophy of life is simple - 'be content with what you have'.
He taught me to cherish what is in front of me and not to blindly pursue material enjoyment.
This attitude has made me more rational when investing and avoided unnecessary risks.
Thanks to my dad, I have learned the true meaning of a simple life.
He taught me to cherish what is in front of me and not to blindly pursue material enjoyment.
This attitude has made me more rational when investing and avoided unnecessary risks.
Thanks to my dad, I have learned the true meaning of a simple life.
The 24/5 trading feature has truly revolutionized my trading strategy. Previously, I was limited by trading hours and often missed out on crucial market moves.
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🚨 As ASX stares down 10th straight gain 🏆
Keep in mind market is forecasting 4 x 0.25% rate cuts in 2025! Either: Aus economy is far weaker than RBA thinks...or market is too bullish on rate cuts! 🤔
$BHP Group Ltd (BHP.AU)$ $Westpac Banking Corp (WBC.AU)$ $CommBank (CBA.AU)$
Keep in mind market is forecasting 4 x 0.25% rate cuts in 2025! Either: Aus economy is far weaker than RBA thinks...or market is too bullish on rate cuts! 🤔
$BHP Group Ltd (BHP.AU)$ $Westpac Banking Corp (WBC.AU)$ $CommBank (CBA.AU)$
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I/O is putting us in the crapper for now but there is a good chance of a bounce. People felt the same gloominess in the previous lows under I/O $100 but eventually demand returns. If you look at the graph I posted a few posts above, BHP usually makes its move up around November so we still have almost 3 months of uncertainty. I understand why people can be negative this time of year.
Last week BHP hit $38.76 which is already low and is paying probably around $1 div in a couple of weeks so you co...
Last week BHP hit $38.76 which is already low and is paying probably around $1 div in a couple of weeks so you co...
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Russian ALUMINUM, COPPER & NICKEL is now banned from the COMEX & LME…..Russian Platinum Group Metals (PGMs – PLATINUM and PALLADIUM) have been exempted due to ‘supply chain sensitivities’ – which in my view, means PGMs are tight beyond belief and ready for a historic short squeeze. BUY $Platina Resources Ltd (PGM.AU)$ $BHP Group Ltd (BHP.AU)$ $Rio Tinto Ltd (RIO.AU)$
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mrminivee : Now I’ve noticed that the sentiment is through the roof. Everyone’s happy, everyone’s talking about how they got gains and all. In the EU, standing at a supermarket, I hear kids talking about BTC that, Tesla this, and so on. Isn’t this a sign of a top?