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COMMODITIES

PRECIOUS METALS          INDUSTRIAL METAL

Western Australia's economy is based on the export of commodities; it is therefore vital to understand the importance of the commodity cycle; but leave the volatile and highly leveraged commodity futures market to the professional

      COMPANY SHARES   when they are good they are very very good, 

                                 but when they are bad they are HORRID (see note 1 in RULES TO LIVE BY)

      COLLECTIBLES      coins, stamps, artwork, rare pieces of furniture, antique cars, race-horses and even vacant land...are bought for personal satisfaction and can never seriously be recommended for investment. Collectibles do not give a predictable return (rent or dividends) and so they are purely speculative