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From: | "John and Beth Schwartfeger" <timestwo@xtra.co.nz> |
Date: | Mon, 17 Sep 2001 13:31:56 +1200 |
With the market now pretty well savaged and the
possibility of a further mauling still prevailing, what do people consider to be
good strong companies that will, with the advent of time bounce back and be a
good long term prospect and have continued dividend payouts?
FFS appears to have very strong buyer support at
the moment but they don't have a dividend appetite. Maybe at current levels they
could be a good short term punt if the receivership issue is resolved in coming
months?
I am reappraising my portfolio having halved my
commitment in the share market last week at what now is showing to have
been a prudent move. I am now wanting to have dividends as a strong part of my
portfolio but on companies that should still be around in a year or three so to
speak.
It would appear a lot of companies that before this
crisis were considered to be a good buy then, have plummeted in value now
and surely must make a good buy at current levels if this crisis doesn't cause a
total melt down. Maybe tomorrow there will be even greater buys??
Conversely. Any other investment strategies one
could consider instead of shares????
Crystal ball I know but maybe a change of focus
from the negativity could be the right medicine right now??
Any thoughts???
Thanks..John.
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