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Yesterday’s “dog” can become tomorrow’s dream.
You just need to pay attention to how something like this can happen.
Of course, there are plenty of “dogs” that stay dogs.
What you need is a catalyst…a spark…a change.
I don’t know about you, but we were both saying that we’re seeing more and more Chinese brands around on the road.
The AFR reports that nearly 20% of new car sales in August were Chinese car makers. Four Chinese brands are now in the top ten for sales.
Where should one invest for the longer term? This is not as “easy” as it was 12-24 months ago.
I was pounding the table to buy back then. But the market is well and truly reflated now. The bargains aren’t there in the same way.
Commodities are cyclical. Always have been, always will be. The poor fools who bought at the top arguably got what they deserved.
You don’t buy those types of shares when they’re booming. You’re supposed to buy them when they’re down.
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