wheeler dealer
Registered User
- Messages
- 58
After my small shareholding in aryzta being decimated ,i have contemplating to get shut of the rest of my individual shares and lump into iseq etf .I see the wisdom tree iseq etf at near 3 year lows and now seems a good enough time if ever to invest .I remembering enquiring off goodbody manager before about iseq etf and he let on that he never heard about it ,but wonder can you buy iseq etf trough goodbodies .I do not want anyhassle having to open up a/c with any other brokers
If Irish economy is growing at 7%
Wouldn't iseq be similarly growing?
Agreed compared to larger economies it's tiny but in terms of return what's the problem?
Because it's got the highest valuation of developed market economies, which implies IE stocks are pricey, i.e. future returns will be low, if bought at current valuations. Here are calculations of Prof Robert Shiller's 10 year CAPE ratio https://www.starcapital.de/en/research/stock-market-valuation/, as of Sept 2018. Ireland has the highest CAPE of 45.If Irish economy is growing at 7%. Wouldn't iseq be similarly growing? Agreed compared to larger economies it's tiny but in terms of return what's the problem?
After my small shareholding in aryzta being decimated ,i have contemplating to get shut of the rest of my individual shares and lump into iseq etf .I see the wisdom tree iseq etf at near 3 year lows and now seems a good enough time if ever to invest .I remembering enquiring off goodbody manager before about iseq etf and he let on that he never heard about it ,but wonder can you buy iseq etf trough goodbodies .I do not want anyhassle having to open up a/c with any other brokers
Goodbody are an old style, lazy, smug, entitled firm, dump them while your at it.
Their fees are extortionate.
I've heard of the wisdom tree Ireland etc, suspect volume is thin however, personally I'd just buy an s+p etf, Europe always trails the U. S when it comes to equities and European markets have been terrible this past three years.
That is untrue - there have been extended periods in the past where European equities have outperformed US equities.Europe always trails the U. S when it comes to equities
Yes you have pointed to Europe having outperformed the U. S from 2003 to 2007, was the gulf that wide?, not anything like the gap since 2009 where America has vastly outperformed Europe.That is untrue - there have been extended periods in the past where European equities have outperformed US equities.
The big problem in picking the winners is you will also pick up a fair share of lame ducks ,I have a mixture of saving certs ,an investment property ,over 10 individual shares kept on hold and keep .While i have gained on udg,glanbia & kerry ,I have lost on independent news,aib.c&c & now aryzta and end of day might be lucky to break even on shares after over 10 years . Glanbia has being my star picked up at €2.35 but at 15k down on aib .Imo holding shares long term is only a fools game ,get in low and make 10% and sell ,rinse and repeat .The reason i have picked iseq etf is because i know every company and i do not think they are over valued at moment but at same time you could not trust any of them individually and any soft brexit agreement could only be positive!!
Yes and they are probably both over valued ,IMO more likely to fall in price then gain 10%Only two iseq companies right now seem to be doing well, both begin with the letter K
Your chosen end point has a massive impact on performance.Yes you have pointed to Europe having outperformed the U. S from 2003 to 2007, was the gulf that wide?, not anything like the gap since 2009 where America has vastly outperformed Europe.
Yes and they are probably both over valued ,IMO more likely to fall in price then gain 10%
If you want to put your dough somewhere, I would put it in the US market, it will rise because the smart money will leave the bond market and look to equities, stay out of Europe, America is the last safe haven, just a hunch, a little tip never give your money to someone else to look after it for you, best of luck
If Irish economy is growing at 7%
Wouldn't iseq be similarly growing?
Agreed compared to larger economies it's tiny but in terms of return what's the problem?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?