kingofhearts Posted August 25, 2015 Report Share Posted August 25, 2015 Drinks on strider. 1 Quote Link to comment Share on other sites More sharing options...
Tesla Posted August 25, 2015 Report Share Posted August 25, 2015 This is mainly just an equity bubble bursting rather than a result of some great weakness in the Chinese economy. While not what it once was, the Chinese economy is still strong. Global markets over reacted and that's why outside of China they're all strengthening.Unfortunately the Chinese devalued their currency recently and might do so again in response. I feel these currency wars are really holding back a global recovery from the GFC.The interesting thing will be if this triggers any more substantial measures from the Chinese government, they've pumped a bit of liquidity into the market, but that's about it. Just no more currency devaluation pls. That's interesting - I also am unable to change the format. Would be interested to hear from any other moderator on whether they know how to do it.I did it by copy and pasting it into notepad, deleting everyrthing in calzalol's post and then copy pasting it back into calzalol's post fgrom notepad, since notepad removes all formatting. 1 Quote Link to comment Share on other sites More sharing options...
strider Posted August 27, 2015 Report Share Posted August 27, 2015 The Dow Jones... Jesus Quote Link to comment Share on other sites More sharing options...
Tesla Posted August 27, 2015 Report Share Posted August 27, 2015 Fuck me, imagine trading AUD on margin these last few days. Either up or down $23805723852367497823642378946 1 Quote Link to comment Share on other sites More sharing options...
Tesla Posted August 27, 2015 Report Share Posted August 27, 2015 (edited) That feel when you had a ~$1000 bill to pay in a foreign currency and now it's a $1130 bill.Also that feel when you booked flights to the UK just before this shit, and 2000 pounds went from $4200 to $4360Fuck off China. Edited August 27, 2015 by Tesla 1 Quote Link to comment Share on other sites More sharing options...
Tesla Posted September 2, 2015 Report Share Posted September 2, 2015 Put all my money into wespac yesterday @ 26 a share. Did pretty well, up 5% already. Are 'wespac' some cheap Chinese knock off shares of Westpac? because Westpac hasn't been near $26 in a long time. Quote Link to comment Share on other sites More sharing options...
strider Posted September 2, 2015 Report Share Posted September 2, 2015 Are 'wespac' some cheap Chinese knock off shares of Westpac? because Westpac hasn't been near $26 in a long time.*29tesla pls Quote Link to comment Share on other sites More sharing options...
Grimey Posted September 21, 2015 Report Share Posted September 21, 2015 Has anyone ever used price protection through their credit card?I can't find the terms anywhere online of what was offered to me the other day by my cc company. Might be only offered to massive degenerates.If you pay an extra 1% of your monthly balance, you can claim the difference back for any reduction in price of any item you buy (upto $500/month I think).Sounds too good to be true. It's probably only meant for bigger purchases, but I could see myself using this everywhere.. even for supermarket purchases.Going to request they send me the terms I think. Quote Link to comment Share on other sites More sharing options...
bt50 Posted September 21, 2015 Report Share Posted September 21, 2015 Has anyone ever used price protection through their credit card?I can't find the terms anywhere online of what was offered to me the other day by my cc company. Might be only offered to massive degenerates.If you pay an extra 1% of your monthly balance, you can claim the difference back for any reduction in price of any item you buy (upto $500/month I think).Sounds too good to be true. It's probably only meant for bigger purchases, but I could see myself using this everywhere.. even for supermarket purchases.Going to request they send me the terms I think. Yeh my old girl has it. Works fine, you just have to go through the process like any other insurance claim. If you can be bothered wasting time on it, you'll find a financial benefit out of it. 1 Quote Link to comment Share on other sites More sharing options...
Tesla Posted September 21, 2015 Report Share Posted September 21, 2015 (edited) Has anyone ever used price protection through their credit card?I can't find the terms anywhere online of what was offered to me the other day by my cc company. Might be only offered to massive degenerates.If you pay an extra 1% of your monthly balance, you can claim the difference back for any reduction in price of any item you buy (upto $500/month I think).Sounds too good to be true. It's probably only meant for bigger purchases, but I could see myself using this everywhere.. even for supermarket purchases.Going to request they send me the terms I think. I dont even have a CC but seriously this isn't some special offer and comes standard with many CCs. Sounds like you might not have the best CC and it might be worth looking to change if you don't have reasons not to (eg you value your time too much too bother looking around, or you have other products with the bank/institution which makes it worth sticking with them).Plenty of CCs with things like 1 year+ price protection, no foreign transaction fees, good rewards system, low annual fee, etc. Edited September 21, 2015 by Tesla Quote Link to comment Share on other sites More sharing options...
cadete Posted September 21, 2015 Report Share Posted September 21, 2015 Hi guys, I am doing VCE and I am thinking of doing accounting at La Trobe but I have been told it's a bit boring can anyone give me some advice on what I should do??? 1 Quote Link to comment Share on other sites More sharing options...
Grimey Posted September 21, 2015 Report Share Posted September 21, 2015 I dont even have a CC but seriously this isn't some special offer and comes standard with many CCs. Sounds like you might not have the best CC and it might be worth looking to change if you don't have reasons not to (eg you value your time too much too bother looking around, or you have other products with the bank/institution which makes it worth sticking with them).Plenty of CCs with things like 1 year+ price protection, no foreign transaction fees, good rewards system, low annual fee, etc.They also waive my annual fee because I work for the institution. I think they offered 2 year price protection.So pretty much everything's always on special.. that means if I bought something recently released which routinely bottoms out in price after 2 years (ie. any video game).. I'll get well over half of it back.I'm gonna save so much money. Quote Link to comment Share on other sites More sharing options...
strider Posted September 22, 2015 Report Share Posted September 22, 2015 IPH is booming and will continue to Quote Link to comment Share on other sites More sharing options...
strider Posted October 12, 2015 Report Share Posted October 12, 2015 Anyone here have a stock portfolio? Unfortunately I can't do any insider trading but I can PM you some details hehehe Quote Link to comment Share on other sites More sharing options...
hedaik Posted October 12, 2015 Report Share Posted October 12, 2015 Anyone here have a stock portfolio? Unfortunately I can't do any insider trading but I can PM you some details heheheHow much have you made from Westpac lad? Quote Link to comment Share on other sites More sharing options...
strider Posted October 12, 2015 Report Share Posted October 12, 2015 How much have you made from Westpac lad?I work at a fin. Pub. Rel. company that sets up/writes and organised all things ASX related for many companies. Enquire withinI haven't made much on westpac alone, probably like 600 but dividends are also coming soon. Quote Link to comment Share on other sites More sharing options...
Tesla Posted October 13, 2015 Report Share Posted October 13, 2015 Anyone here have a stock portfolio? Unfortunately I can't do any insider trading but I can PM you some details heheheGo on then mate. I work at a fin. Pub. Rel. company that sets up/writes and organised all things ASX related for many companies. Enquire withinI haven't made much on westpac alone, probably like 600 but dividends are also coming soon. Any $100k+ jobs around for someone with a finance degree from Melbourne? Quote Link to comment Share on other sites More sharing options...
strider Posted October 13, 2015 Report Share Posted October 13, 2015 Go on then mate.Any $100k+ jobs around for someone with a finance degree from Melbourne?Depends, wanna be a consultant? Are you a people person? Do you have media contacts?One of our consultants here turns $180k Quote Link to comment Share on other sites More sharing options...
Tesla Posted October 13, 2015 Report Share Posted October 13, 2015 (edited) Out of interest, what does this firm you work at do exactly, just prepare the announcements for company's that don't have an internal PR/communications department? Prepare the text/design/etc (all the non-accounting shit)Â in the Financial Reports? As I know bigger company's do that internally but I imagine many smaller public company's aren't going to have like a 30 person media/pr/communications team. Edited October 13, 2015 by Tesla Quote Link to comment Share on other sites More sharing options...
strider Posted October 13, 2015 Report Share Posted October 13, 2015 (edited) Out of interest, what does this firm you work at do exactly, just prepare the announcements for company's that don't have an internal PR/communications department? Prepare the text/design/etc (all the non-accounting shit)Â in the Financial Reports? As I know bigger company's do that internally but I imagine many smaller public company's aren't going to have like a 30 person media/pr/communications team.Our largest client has a market cap of $2bn.We do that and a lot more, i.e. investor events, media, etc etc. Assisting with the IPO... etcChances are, if there's any Biotechnology company in the news (tv, radio, internet, papers), it has been orchestrated by us.It's a team of 5 and I'm the junior pleb Edited October 13, 2015 by strider Quote Link to comment Share on other sites More sharing options...
Tesla Posted November 14, 2015 Report Share Posted November 14, 2015 Pepper yourselves for Dairy boom. This baby formula stuff is nothing, once the FTA is in effect shit will blow up. No coincidence that the Chinese are buying up our dairy assets, as are cunts like Gina Reinhardt who obviously have money but also knowledge about the Chinese economy etc. Quote Link to comment Share on other sites More sharing options...
strider Posted November 30, 2015 Report Share Posted November 30, 2015 BHP is at $18 -- good time to get in if you haven't. Quote Link to comment Share on other sites More sharing options...
Jimmy Posted November 30, 2015 Report Share Posted November 30, 2015 (edited) 37 minutes ago, strider said: BHP is at $18 -- good time to get in if you haven't. Do you expect people to take your financial advice seriously? Not that I disagree. Edited November 30, 2015 by Jimmy Quote Link to comment Share on other sites More sharing options...
strider Posted November 30, 2015 Report Share Posted November 30, 2015 (edited) 19 minutes ago, Jimmy said: Do you expect people to take your financial advice seriously? Not that I disagree. Well, I work with/for listed Resource companies on a daily basis... among others  edit: if you followed my random post re: IPH a page or two back you would have been quite well off Edited November 30, 2015 by strider Quote Link to comment Share on other sites More sharing options...
Jimmy Posted November 30, 2015 Report Share Posted November 30, 2015 3 minutes ago, strider said: Well, I work with/for listed Resource companies on a daily basis... among others You also post on here about Novillo's cock on a daily basis... among others Quote Link to comment Share on other sites More sharing options...
strider Posted November 30, 2015 Report Share Posted November 30, 2015 2 minutes ago, Jimmy said: You also post on here about Novillo's cock on a daily basis... among others it's the only thing money can't buy Quote Link to comment Share on other sites More sharing options...
Shahanga Posted November 30, 2015 Report Share Posted November 30, 2015 6 hours ago, strider said: BHP is at $18 -- good time to get in if you haven't. You are aware they have a multi billion dollar law suit and the spectre of criminal charges hanging over their head? Quote Link to comment Share on other sites More sharing options...
Jimmy Posted November 30, 2015 Report Share Posted November 30, 2015 (edited) 31 minutes ago, Shahanga said: You are aware they have a multi billion dollar law suit and the spectre of criminal charges hanging over their head? Hence the price. It all depends on your level of risk aversion. I made a tidy sum buying up a heap of QANTAS stock at the peak of their negative press and the possibility of them wrapping up operations and then selling them about 10 months later for big $$$ when the share price had rebounded. As the legendary Warren Buffet said "Be fearful when others are greedy and greedy when others are fearful". Edited November 30, 2015 by Jimmy Quote Link to comment Share on other sites More sharing options...
Jimmy Posted November 30, 2015 Report Share Posted November 30, 2015 (edited) Also, what BHP have going for them over QANTAS is that they're way more of a blue chip stock so you don't have to be in it for a quick buck. You could comfortably leave them in your portfolio for the rest of your life and just enjoy the dividends and capital growth. Edited November 30, 2015 by Jimmy Quote Link to comment Share on other sites More sharing options...
Tesla Posted November 30, 2015 Report Share Posted November 30, 2015 (edited) Mining is old news, dairy is the new Chinese Crack. Also it's cute that people in this thread think they know what they're doing in regard to shares, like when someone wins a soccer multi in the gambling thread and thinks they know soccer gambling (including me tbh). Edited November 30, 2015 by Tesla Quote Link to comment Share on other sites More sharing options...
Jimmy Posted November 30, 2015 Report Share Posted November 30, 2015 6 minutes ago, Tesla said: Also it's cute that people in this thread think they know what they're doing in regard to shares, like when someone wins a soccer multi in the gambling thread and thinks they know soccer gambling (including me tbh). Not going to disagree lol. 1 Quote Link to comment Share on other sites More sharing options...
Tesla Posted November 30, 2015 Report Share Posted November 30, 2015 In b4 strider has just completed his phd in finance/economics/math, discovered a new market inefficiency, banked 70% annual ROI and wins the Nobel prize in economics. 1 Quote Link to comment Share on other sites More sharing options...
Shahanga Posted November 30, 2015 Report Share Posted November 30, 2015 (edited) 9 hours ago, Tesla said: In b4 strider has just completed his phd in finance/economics/math, discovered a new market inefficiency, banked 70% annual ROI and wins the Nobel prize in economics. To link your 2 posts, which bookie will let me bet on that? Wouldn't mind a piece of it, maybe as part of a multi... ps the Nobel prize didn't stop "long term capital" going to the wall. Edited November 30, 2015 by Shahanga Quote Link to comment Share on other sites More sharing options...
Shahanga Posted November 30, 2015 Report Share Posted November 30, 2015 11 hours ago, Jimmy said: Also, what BHP have going for them over QANTAS is that they're way more of a blue chip stock so you don't have to be in it for a quick buck. You could comfortably leave them in your portfolio for the rest of your life and just enjoy the dividends and capital growth. Now this is more of Buffet style investing philosophy rather than buying a company just because their tailings dams collapsed, killed a heap of people and destroyed a whole heap of stuff over a vast area (& their shares went down as a result). My point earlier was really just in case some one read it and thought it sounded like sound investment advice, rather than a pretty risky market timing strategy. Then again if you buy shares based on what some random person posts on a football forum, you probably are getting what you deserve. Quote Link to comment Share on other sites More sharing options...
Jimmy Posted November 30, 2015 Report Share Posted November 30, 2015 19 minutes ago, Shahanga said: Then again if you buy shares based on what some random person posts on a football forum, you probably are getting what you deserve. Exactly right. Not that you should automatically dismiss everything you read on the internet either. Just gotta use what's between your ears and make your own decisions. Quote Link to comment Share on other sites More sharing options...
Tesla Posted November 30, 2015 Report Share Posted November 30, 2015 (edited) What's woolworths share price doing? Would be the least risky stock to buy if you're looking to make money off a recovery. Worth looking into the details of the Masters agreement with the US company though,  I think the US company basically has a put option on all its stock and can soon sell them to woolworths for what would be a high figure given the struggles. Not the end of the world though. Fwiw, I like Masters, and I reckon it will pay off eventually, but that's not even that important. At the end of the day woolworths us a strong brand, and I'm far from convinced that anyone can seriously compete with Coles and Woolworths. Plus both have potential for cost cutting if they had to, they're dominant positions has lead to inefficiencies, Coles probably have improved in that regard but Woolworths would have huge potential for cost savings. Edited November 30, 2015 by Tesla Quote Link to comment Share on other sites More sharing options...
strider Posted November 30, 2015 Report Share Posted November 30, 2015 12 hours ago, Tesla said: Mining is old news, dairy is the new Chinese Crack. Also it's cute that people in this thread think they know what they're doing in regard to shares, like when someone wins a soccer multi in the gambling thread and thinks they know soccer gambling (including me tbh). The Chinese love their dating apps -- ERR up quite a bit since listing. Love the honeymoon period Quote Link to comment Share on other sites More sharing options...
Jimmy Posted November 30, 2015 Report Share Posted November 30, 2015 Woolworths is safe and obvious so is boring AF. Although I just read their new big plan to turn it around is microwave meals lol. Tes you should look at this small listed company that's been buying up a fuckload of farms in the areas surrounding my home town (is one of the most pristine areas in the country for dairy farming). They're called Australian Dairy Farms Group and listed under AHF. Currently trading at 14c a share. Could make ridiculous returns if this dairy boom actually happens. Quote Link to comment Share on other sites More sharing options...
Tesla Posted December 1, 2015 Report Share Posted December 1, 2015 Don't laugh at "microwave meals", it's another proven successful thing that the Australian supermarkets are stealing from the UK. Copying shit from the UK is how Coles turned around, half their management was hired from Tesco, as the UK have supermarkets figured out. Dairy boom is real, interesting that all the mining billionaires (who have connections with China and know what's happening with their economy) are investing in dairy now. Honestly there is no better investment strategy then figuring out where Chinese money is going to go. Cunts are balling too hard. 1 Quote Link to comment Share on other sites More sharing options...
cadete Posted December 1, 2015 Report Share Posted December 1, 2015 (edited) 7 hours ago, Tesla said: Don't laugh at "microwave meals", it's another proven successful thing that the Australian supermarkets are stealing from the UK. Copying shit from the UK is how Coles turned around, half their management was hired from Tesco, as the UK have supermarkets figured out. Dairy boom is real, interesting that all the mining billionaires (who have connections with China and know what's happening with their economy) are investing in dairy now. Honestly there is no better investment strategy then figuring out where Chinese money is going to go. Cunts are balling too hard. You really love pumping up the Family Business dont you... Edited December 1, 2015 by cadete Quote Link to comment Share on other sites More sharing options...
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