Pretty sure I put like 1k in at 30c before it shot up to the moon (which would've been okay).. then was so confident I doubled down and put another 1k in at 60c on the way up to 90c
Hope I qualify as dumb enough
If you’re still holding, I’d say yes. Due for results from Kabanga and they got a piece of paper that says they can poke holes in South Australia for uranium…. Feels like a bottom drawer special though.
Any goldie suggestions in the $500m to $1b range? I’ve missed the bounce in gold but reckon it’ll run a bit more this year so want to jump onto a producer and ride a little upside
For any of the biotech addicts. Interview on Summer Evenings (ABC) with a patient that received a cranial bone scaffold from ASX:OSX to regrow his skull after an infection from the plate that was initially used.
"[Regrowing his skull after world-first miracle surgery with 3D printing bioresorbable implants](https://www.linkedin.com/posts/osteopore_ostepore-osx-patientstories-activity-7019179692096184320-Q_Ug?utm_source=share&utm_medium=member_desktop)"
Few people here might find this useful: [Twitter thread about investing in resources companies](https://twitter.com/BambroughKevin/status/1614330674185396227)
There’s 2 options available. Lightroom and Lightroom Classic.
Classic is desktop based. “Lightroom” is cloudbased. Adobe sell both. And yes, they are morons, unnecessarily confusing the fuck out of everyone.
Good morning ASX_Bets kin, how are we all on this glorious Sunday morning?
Serious question after seeing a comment about AI/ChatGPT, is Chaz the Chinese communist equivalent (CCP shitty) AI and have we been wasting our time arguing with it?
The misses and our 16mo tested positive for the spicy cough yesterday needless to say it was a long night last night
My covid free streak may be coming to an end bois
Oath, hope it isn't too bad for your fam. I know people who somehow fought that shit off/never got it sleeping in the same bed as someone infected so pray to the bill gates microchips in your blood if you're vaxxed
Hear me out: there's not going to be a recession because by the time we actually get official confirmation, everyone will be so bored of hearing about a pending recession they will have moved on to the main part of the roaring 20s, making money hands over fist.
Yeah but the recession is what enabled that to occur. The terrible zombie businesses go bankrupt, the best businesses in the strongest positions survive, the demand destruction leaves commodities and realestate cheap so that starting new businesses is inexpensive.
Right now companies are jacked on debt, commodities are expected to roar even higher and living standards are falling not getting better. And if dumb money just pumps stocks higher without that underlying improvement it will only make private equity more attractive.
I agree actually. Markets are usually forward thinking by around six months, reflecting in the price/value of shares. A recession mid 2023 has been flagged so heavily that investors have well and truly priced it in. The inflation driving interest rates are largely supply issues that will resolve and in the short term, so talk will soon be on cutting rates by end of 2023, again the forward looking markets will not want to miss getting in on that early. Caveat - this will only be if wages don’t go through the roof which at this stage doesn’t seem to be happening.
Markets are cruel, tricky and deceptive.
On the one hand, it does make sense there is a "priced in" element to the coming recession, the fact that its so expected means investors adjust for it already.
On the other hand, there has been a lot of money taken off the table since the last high, moved to bonds, or cash even. Markets cant hit a new high without that money coming back into stocks.
Or looking at the actual businesses, its difficult to see such favourable environment they were in when we came out of lockdown with cheap rates, recovering demand. They now face increasing cost of capital that hasnt been seen for a long time, and a slump in demand for some sectors as consumers covid cash reserves slowly get eaten through.
It could be bulls are in the eye of the storm looking up at the blue sky.
I was looking to time the bottom of the Nasdaq, but im feeling pretty bearish of a recovery there, previous boom times came from crypto and surveillance capitalism (targeted advertising, social media), but they wont go back to what they were.
Tech needs a new thing before it can hit a new high, maybe 'metaverse' will be it, but i think it has a long way to go, it needs big advances in hardware first.
I think we are lot better placed in Australia because we are underwritten by commodities, and thawing relations with China.
I still own GEAR, but a third cash, trying to sit on my hands till GGUS is most obvious.
anecdotal, but the northern hemisphere winter here is warm as fuck compared to usual, Europe seems to be the same... don't know how this will carry over to coal demand
‘Gamechanger’: China’s reopening primes a new commodity boom
[https://12ft.io/proxy?q=https%3A%2F%2Fwww.afr.com%2Fmarkets%2Fcommodities%2Fchina-s-reopening-a-game-changer-for-commodity-markets-20230112-p5cc13](https://12ft.io/proxy?q=https%3A%2F%2Fwww.afr.com%2Fmarkets%2Fcommodities%2Fchina-s-reopening-a-game-changer-for-commodity-markets-20230112-p5cc13)
"This comes as supply for most commodities remains extremely tight. Inventories are sitting at multi-decade lows, and softer capital expenditure by mining companies last year has soured hopes for an imminent supply response, increasing the odds of prolonged shortages."
🍆🍆🍆
So USA inflation was only reduced by 0.1% because due to gas and commodity price reductions. This is saying is the same reasons supply side reasons that led to inflation are set to continue and get worse with prolonged shortages?
We are all invested in commodities but in the end these costs will get passed on and just keep inflation higher until everyday people can't afford goods and demand is cut to bring supply/demand back in balance.
ChatGP's AI tech is pretty cool. [Microsoft is putting big dollars in](https://www.nytimes.com/2023/01/12/technology/microsoft-openai-chatgpt.html) to try and add value to their (unloved) browsers.
Unbelievable tbh. The other day I needed to automate creating 500 odd blank folders (with sub folders in each) based on an Excel list. I basically inputted the above and it generated the 15 lines of code required in about 2 seconds. Saved me hours of tedious clicking.
Basically just ask it what you need and it does it. Incredible gear.
Rate rises havnt reached peak yet and the fed are likely to hold rates high instead of cutting straight away. Unemployment will probably rise and the recession will get far worse imo
When you say rate rises, which economy are you referring to? Word out of Europe is rates have peaked and I wouldn’t be so confident as to bet on the RBA to raise rates further.
And we havent even touched on China yet. The world’s 2nd largest economy and Australia’s biggest trading partner. They’re coming out of lockdown, and stimulating the _fuck_ out of their economy. Mass deaths or not, the CCP has made its decision to reopen.
Respectfully, I hold the opposite view as yours; we’ve hit the bottom already.
You do know that the impact of rate rises is not immediate. Central banks are very clear it takes 12-18 months for a rate rise impact to be felt on the economy. Rates don't need to keep rising because now they are only starting to see the impact of the first raises last year and will monitor that. USA subprime default rates and delinquency have been rising since May last year.
China reoppening is going to increase demand and trade. But that demand for primary goods is what contributed towards supply side inflation in the first place.
I also think index markets are not undervalued by any traditional valuation methods so perhaps we have hit a bottom but if so thats built on optimism personally.
Yes Trig, we know rate changes have a delayed effect on the economy (and consequently to be reflected in the CPI results). There was a calamity of events that occurred simultaneously or one after the other that cause the latest global inflation problem, however China reopening will 100% help ease inflation by easing the global supply constraints (i.e Chinese manufacturing - where most of the world’s goods are made - will get back into full production).
The market bottomed after the fed started cutting rates in both dot com and GFC. Cash rate was held for 9-12 months before cuts even happened. The bottom came approx 2 years after the rates started getting cut.
Here the Federal Budget forecast inflation to peak at 7.75% and RBA forecast 8% by end of 2022, we only have data to Nov so far, Jan 25th we'll get the data for Dec quarter. The soft CBA forecast another 25bps increase in rates, other big 4 forecasting a peak at 3.6-3.85% currently. Futures giving us 59% chance of 25bps up next, and topping out at 3.75%. Collectively nobody currently is expected inflation or rates to have peaked. The fat lady hasn't sung yet.
Either way though, fuck knows what will happen. Putin could do something extra stupid tomorrow. China could finally invade Taiwan. The conflict in the Balkans could go next level.
I've been talking about the American stock market SQQQ is an American ticker. Talking about American rate rises to I follow the American market more then Australian overall
If I work for a private company and I'm granted shares as part of my renumeration package, where do these shares exist?
Do I add them to my brokerage account or do they only exist on a share registry like linkmarkets?
Edit: assuming its thr shares of the company youre working for.
They remain with company for a certain time. In my case 3 years. Before they transfer to your name. You don't get dividends. You technically don't own them. Yet.
In my case company used equate plus brokerage. I can log in and see the progress. Can't make changes. It's hasn't been 3 yrs for me. Assuming you might have log in details for a broker and can make changes?
Otherwise payroll or hr is your best bet
They’re a fugazi.
But likely their own internal registry - speak to the accounting team, and a corporate lawyer can explain what the shares actually mean and potential worth (if any).
I don’t know shit about fuck, but I did get private company options once. I think it all depends on the terms the company defines.
In my case the company occasionally did buy backs. If you left the company you lost all your options. Company eventually got bought out and we all got paid out for our options.
If the company had’ve gone public, the options would’ve been converted to shares or paid out (our choice).
Your comment is here and its live, not sure why you would be getting that error message.
Do you also get the same message on other posts, or just the daily thread?
I'm wondering if its fine when you reply to comments on the daily, but the issue is when you make a parent comment, as in a initial comment.
Keep an eye on it, if it continues send us a message on our mod-mail
Tesla dropping prices 20%. Haven't had a chance to digest this yet, seems a big FU to the traditional autos who are all still playing catchup in the EV market.
Will this bump sales and production and then most importantly our lithium stocks.
Edit: Shitty headline, discounts across the board but only only 20% on one model.
Hey guys I’m on AVE and it went up 96% last night in the US just wondering is there a better place to view volume rather than yahoo it say 20000 units, am I reading that correctly?
(Avecho)
Currently out getting loaded in Tokyo
still feel the need to occasionally shitpost on my favourite subreddit
sad? most likely
P.s: buy copper and commodities with diminishing supply, and not explorers that won't actually produce anything by the time the boom for that commodity is over
Favourite city! Endless exploration to be had. If you want decent priced vintage clothing, check out the suburb of Shimo-Kitazawa.
Of all the sober things (actually would be great on acid) is the teamlab planets tokyo. Best light art display thing I've seen.
Officially jealous. Hope you cheer up and have a stroll - hit up a pachinko parlour or maybe find some arcade machines? (I dunno, I've never been - but I'd love to)
This umeshu is awesome. https://kentstreetcellars.com.au/products/heiwa-shuzo-tsuru-ume-nigori-umeshu-720ml
Heiwa also do the best yuzushu.
https://kentstreetcellars.com.au/products/heiwa-shuzo-tsuruume-yuzushu
you can make yr own… I just did!
It’s basically equal parts sugar to green plums, covered in vodka in a clean glass jar with a strong seal.
Some folk like this are hardcore about the rules (must use rock sugar, seek out japanese alcohol), but I made it with what I could find at aldi, and had no probs drinking it a year later :)
https://www.miklia.com/plum-wine/
price of alcohol here is so good (and so dangerous) for a 1st-world country
\~$12 for a 700ml bottle of Jim Beam from the convenience store... dangerous stuff
Oh yeah, I remember buying yamazaki and some other more exclusive whiskies super cheap. You used to be able to get a bottle of yamazaki from the convenience store.
Almost heaven, West Virginia
Blue Ridge Mountains, Shenandoah River
Life is old there, older than the trees
Younger than the mountains, growin' like a breeze.
Country roads, take me home
To the place I belong
West Virginia, mountain mama
Take me home, country roads.
All my memories gather 'round her
Miner's lady, stranger to blue water
Dark and dusty, painted on the sky
Misty taste of moonshine, teardrop in my eye.
Country roads, take me home
To the place I belong
West Virginia, mountain mama
Take me home, country roads.
I hear her voice in the mornin' hour, she calls me
The radio reminds me of my home far away
Drivin' down the road, I get a feelin'
That I should've been home yesterday, yesterday.
Country roads, take me home
To the place I belong
West Virginia, mountain mama
Take me home, country roads.
Country roads, take me home
To the place I belong
West Virginia, mountain mama
Take me home, country roads.
Take me home, (down) country roads
Take me home, (down) country roads
They didn't lose any money during covid as the government subsidised all their employees that weren't contractors and all of their storage costs and corporate costs.
They have a paper loss which they can stretch for 7 years despite nothing but growth and profit on the horizon. Big divvies coming.
Right now I'm taking a box of shapes to bed and thinking about how life hasn't been the same since they took the dancing Mexican men off of them but why would that even matter now because by the time we get to our fave flavour part of the conversation ur all gonna tell me you hate savoury and that's fucking fine, cunt. But I'm allowed to like it. Faaaark. Me. Dead.
I like all shapes, but I don't know these flavours cos only three flavours exist. Pizza, bbq, and sometimes chicken crimpies spawn into existence but only at Christmas when there's kids around.
I'm reasonably equal opportunity with my shapes. I like savoury, something nice about the simplicity... is it sesame seeds on top? It's good. Pizza and BBQ are also good, though lack the same understated elegance. Chicken crimpies just don't feel like a biscuit. Cheddar is fine, but nothing to write home about.
Yeah, they're a fairly recent addition. They could be called Southern Fried Chicken, I can't specifically remember.
Edit: just checked, they're called Fried Chicken flavour.
I miss 2021, what a beautiful time that was, even if I was stuck in that ex crack den, at least the bull run made me feel smugly in control.
Now I have no money, and an actual autism assessment proving that I belong here.
On the bright side, no more crack den addicts showing up out of the blue trying to settle old scores with people that don’t live there anymore and hadn’t in years
Despite the market’s green I was still dogged by my biotechs. I’m really holding out for a bigger upswing to lighten my bags before the next dump.
After being unemployed most of last year I forgot how rough 9-5 is. How are people managing without their mid-day nap ? Sure you’re poor on Centrelink but it’s an easy life
Say you wanted to go long oil on the asx, what's your vehicle? Santos, Beach or whatnot? OOO is it leveraged to futures? Anyone getting greased up? Not you MAYbe.
read below re: BAS, and check out the chart for 3 month + 3 year = rather interesting, and I'd love to know what the fuck is going on for the massive sudden turnaround, which is but a bite out of a fucking huge elephant in terms of turning share price as a whole around.
I like that BAS has revenue to fund their endeavours but until recently the market hasn't given a shit. A lot of their recent rise seems to hinge on if their neighbour can be horizontally fracked. Gotta admit I've been eyeing it off though.
What the fuck happened to the price in the past, it used to be $1.30 and now it's 10c? Did they explore and find their reserves were 5% of what they thought or something? Lmao
Sell me on BAS, I love a dumb O&G play
Anyone else dumb enough to put money into ADD? Mates tip has me 50% down, cheers cunt
Pretty sure I put like 1k in at 30c before it shot up to the moon (which would've been okay).. then was so confident I doubled down and put another 1k in at 60c on the way up to 90c Hope I qualify as dumb enough
Also it went from 3c to 9c, not 30c to 90c so I can assume your DD was as good as mine.
Oops. I've legit just put it in the drawer and avoided looking at it to avoid the pain. Just remembered it started with a 3 and went to a 9 :')
If you’re still holding, I’d say yes. Due for results from Kabanga and they got a piece of paper that says they can poke holes in South Australia for uranium…. Feels like a bottom drawer special though.
What A Dumb Decision
Thanks For Your Input
[удалено]
Go commando, it's a thing
Mate, enough balls in bunnings without adding yours to the mix.
Finally some good news for INR holders $1b loan from doe
[удалено]
100% getting a virus if you click that link
Where were you before I took that lady of the night home :(
Any goldie suggestions in the $500m to $1b range? I’ve missed the bounce in gold but reckon it’ll run a bit more this year so want to jump onto a producer and ride a little upside
I think WGX is undervalued and just comes in over $500m MC now. Somehow I'm up 58% on it but I think it has more to go
Just had a very quick look at their story and I like the sound of it, I’ll do more DD but this company’s at the top of my list for gold picks.
I have always had an eye on WAF as a quality producer, albeit it in Africa. Missed its run up a bit now though
BGL are up 100% since November, over a billy MC. I have no DD for you though.
I just went for the ETF last week, cbf picking an individual producer seeing all of their recent numbers are so warped from gold tanking
Which ETF, ASX: GOLD? That just tracks the gold price right? I think I’d be more interested in a basket of companies if I was going down the ETF route
nah, GDX the ETF comprised of actual miners https://www.marketindex.com.au/asx/gdx
If you don't mind telling, what is your sell price for GDX? I also bought it but was thinking I overpaid since it has been on a run lately...
For any of the biotech addicts. Interview on Summer Evenings (ABC) with a patient that received a cranial bone scaffold from ASX:OSX to regrow his skull after an infection from the plate that was initially used. "[Regrowing his skull after world-first miracle surgery with 3D printing bioresorbable implants](https://www.linkedin.com/posts/osteopore_ostepore-osx-patientstories-activity-7019179692096184320-Q_Ug?utm_source=share&utm_medium=member_desktop)"
Just got broken up with. If only I were as good at holding onto relationships as I am at being a bagholder for shitty stocks…
Freedom
They can take our girlfriends and wives…but they can never take our freedom!
assumed OP is male
Women can have girlfriends too pal.
Few people here might find this useful: [Twitter thread about investing in resources companies](https://twitter.com/BambroughKevin/status/1614330674185396227)
Personally I get my investing advice from HC and instagram /s
Hey, does anyone here use Lightroom? Looking for a cracked Mac version, cheers if you can share
Just in case this might help: AFAIK, you can get lightroom for your phone free (maybe it's lightroom light? ).
I pulled the trigger to pay $15 per month. Ugh.
i hear ya. really need to ditch photoshop.
It’s all cloud now. Impossible to crack from what I heard
There’s 2 options available. Lightroom and Lightroom Classic. Classic is desktop based. “Lightroom” is cloudbased. Adobe sell both. And yes, they are morons, unnecessarily confusing the fuck out of everyone.
Good morning ASX_Bets kin, how are we all on this glorious Sunday morning? Serious question after seeing a comment about AI/ChatGPT, is Chaz the Chinese communist equivalent (CCP shitty) AI and have we been wasting our time arguing with it?
The misses and our 16mo tested positive for the spicy cough yesterday needless to say it was a long night last night My covid free streak may be coming to an end bois
Had the exact same scenario and didn’t get it. Hold strong brother.
Is this like the broken bones sub where you need to unsubscribe? I only take financial advice from people who have never had covid
Not sure about broken bones sub, went to check it out. Got lost on the way and ended up on the broken babes sub. 🤷♂️
Yeah you're cooked. Hope it's mild for you.
Oath, hope it isn't too bad for your fam. I know people who somehow fought that shit off/never got it sleeping in the same bed as someone infected so pray to the bill gates microchips in your blood if you're vaxxed
Hear me out: there's not going to be a recession because by the time we actually get official confirmation, everyone will be so bored of hearing about a pending recession they will have moved on to the main part of the roaring 20s, making money hands over fist.
Yeah but the recession is what enabled that to occur. The terrible zombie businesses go bankrupt, the best businesses in the strongest positions survive, the demand destruction leaves commodities and realestate cheap so that starting new businesses is inexpensive. Right now companies are jacked on debt, commodities are expected to roar even higher and living standards are falling not getting better. And if dumb money just pumps stocks higher without that underlying improvement it will only make private equity more attractive.
I agree actually. Markets are usually forward thinking by around six months, reflecting in the price/value of shares. A recession mid 2023 has been flagged so heavily that investors have well and truly priced it in. The inflation driving interest rates are largely supply issues that will resolve and in the short term, so talk will soon be on cutting rates by end of 2023, again the forward looking markets will not want to miss getting in on that early. Caveat - this will only be if wages don’t go through the roof which at this stage doesn’t seem to be happening.
Markets are cruel, tricky and deceptive. On the one hand, it does make sense there is a "priced in" element to the coming recession, the fact that its so expected means investors adjust for it already. On the other hand, there has been a lot of money taken off the table since the last high, moved to bonds, or cash even. Markets cant hit a new high without that money coming back into stocks. Or looking at the actual businesses, its difficult to see such favourable environment they were in when we came out of lockdown with cheap rates, recovering demand. They now face increasing cost of capital that hasnt been seen for a long time, and a slump in demand for some sectors as consumers covid cash reserves slowly get eaten through. It could be bulls are in the eye of the storm looking up at the blue sky. I was looking to time the bottom of the Nasdaq, but im feeling pretty bearish of a recovery there, previous boom times came from crypto and surveillance capitalism (targeted advertising, social media), but they wont go back to what they were. Tech needs a new thing before it can hit a new high, maybe 'metaverse' will be it, but i think it has a long way to go, it needs big advances in hardware first. I think we are lot better placed in Australia because we are underwritten by commodities, and thawing relations with China. I still own GEAR, but a third cash, trying to sit on my hands till GGUS is most obvious.
Coal at $370 😮💨
anecdotal, but the northern hemisphere winter here is warm as fuck compared to usual, Europe seems to be the same... don't know how this will carry over to coal demand
Still not sure if I exited at the right time but coal seems to have more down days than up atm
‘Gamechanger’: China’s reopening primes a new commodity boom [https://12ft.io/proxy?q=https%3A%2F%2Fwww.afr.com%2Fmarkets%2Fcommodities%2Fchina-s-reopening-a-game-changer-for-commodity-markets-20230112-p5cc13](https://12ft.io/proxy?q=https%3A%2F%2Fwww.afr.com%2Fmarkets%2Fcommodities%2Fchina-s-reopening-a-game-changer-for-commodity-markets-20230112-p5cc13) "This comes as supply for most commodities remains extremely tight. Inventories are sitting at multi-decade lows, and softer capital expenditure by mining companies last year has soured hopes for an imminent supply response, increasing the odds of prolonged shortages." 🍆🍆🍆
So USA inflation was only reduced by 0.1% because due to gas and commodity price reductions. This is saying is the same reasons supply side reasons that led to inflation are set to continue and get worse with prolonged shortages? We are all invested in commodities but in the end these costs will get passed on and just keep inflation higher until everyday people can't afford goods and demand is cut to bring supply/demand back in balance.
Should give us 3-4 months of tendies until it does that thing with inflation again.
Just in time for sell in May and go away. Just a investor conspiracy to keep the status quo.
Asx bets 2023 portfolio target: 35%
Our ETF is well positioned to do well. Currently +8% over VDHG
Just need 11 and a half more early Januarys and then we're good.
You dropped this: -
You forgot the one at the front! 😉… oh yeh IVZ right….
If this happens alongside the current market bounce there may be tendies involved
Fuck yeah, sounds good 👍
My body is ready
ChatGP's AI tech is pretty cool. [Microsoft is putting big dollars in](https://www.nytimes.com/2023/01/12/technology/microsoft-openai-chatgpt.html) to try and add value to their (unloved) browsers.
Can AI stop me losing money on dogstocks, or will it take an act of God?
I've been using it to spit out excel VBA programs to automate my job lol.
Brilliant! How accessible was it?
Unbelievable tbh. The other day I needed to automate creating 500 odd blank folders (with sub folders in each) based on an Excel list. I basically inputted the above and it generated the 15 lines of code required in about 2 seconds. Saved me hours of tedious clicking. Basically just ask it what you need and it does it. Incredible gear.
Isnt Microsoft already a core investor
Imagine chatGPT IPO
If rates are frozen until feb it means we have a 3 week market rally. Science bitches.
US rates in 2.5weeks. Freedom science.
If US bear market rally continues because of a 0.25 rate rise I might throw some money in SQQQ especially if it hits $40
What makes you think this is a bear market rally and not a recovery from hitting the bottom?
Rate rises havnt reached peak yet and the fed are likely to hold rates high instead of cutting straight away. Unemployment will probably rise and the recession will get far worse imo
When you say rate rises, which economy are you referring to? Word out of Europe is rates have peaked and I wouldn’t be so confident as to bet on the RBA to raise rates further. And we havent even touched on China yet. The world’s 2nd largest economy and Australia’s biggest trading partner. They’re coming out of lockdown, and stimulating the _fuck_ out of their economy. Mass deaths or not, the CCP has made its decision to reopen. Respectfully, I hold the opposite view as yours; we’ve hit the bottom already.
You do know that the impact of rate rises is not immediate. Central banks are very clear it takes 12-18 months for a rate rise impact to be felt on the economy. Rates don't need to keep rising because now they are only starting to see the impact of the first raises last year and will monitor that. USA subprime default rates and delinquency have been rising since May last year. China reoppening is going to increase demand and trade. But that demand for primary goods is what contributed towards supply side inflation in the first place. I also think index markets are not undervalued by any traditional valuation methods so perhaps we have hit a bottom but if so thats built on optimism personally.
Yes Trig, we know rate changes have a delayed effect on the economy (and consequently to be reflected in the CPI results). There was a calamity of events that occurred simultaneously or one after the other that cause the latest global inflation problem, however China reopening will 100% help ease inflation by easing the global supply constraints (i.e Chinese manufacturing - where most of the world’s goods are made - will get back into full production).
The market bottomed after the fed started cutting rates in both dot com and GFC. Cash rate was held for 9-12 months before cuts even happened. The bottom came approx 2 years after the rates started getting cut. Here the Federal Budget forecast inflation to peak at 7.75% and RBA forecast 8% by end of 2022, we only have data to Nov so far, Jan 25th we'll get the data for Dec quarter. The soft CBA forecast another 25bps increase in rates, other big 4 forecasting a peak at 3.6-3.85% currently. Futures giving us 59% chance of 25bps up next, and topping out at 3.75%. Collectively nobody currently is expected inflation or rates to have peaked. The fat lady hasn't sung yet. Either way though, fuck knows what will happen. Putin could do something extra stupid tomorrow. China could finally invade Taiwan. The conflict in the Balkans could go next level.
I've been talking about the American stock market SQQQ is an American ticker. Talking about American rate rises to I follow the American market more then Australian overall
Weekend read https://equity.guru/2023/01/11/2023-uranium-outlook-will-2023-be-the-year-for-uranium/
If I work for a private company and I'm granted shares as part of my renumeration package, where do these shares exist? Do I add them to my brokerage account or do they only exist on a share registry like linkmarkets?
ask whomever is telling you about the shares. we’re guessing.
Edit: assuming its thr shares of the company youre working for. They remain with company for a certain time. In my case 3 years. Before they transfer to your name. You don't get dividends. You technically don't own them. Yet.
Say I worked there for 5 years and earned/own them now. Where do I register or see the shares owned as it's not a publicly listed company on the ASX.
In my case company used equate plus brokerage. I can log in and see the progress. Can't make changes. It's hasn't been 3 yrs for me. Assuming you might have log in details for a broker and can make changes? Otherwise payroll or hr is your best bet
They’re a fugazi. But likely their own internal registry - speak to the accounting team, and a corporate lawyer can explain what the shares actually mean and potential worth (if any).
Looks like I'll need a convo with them.
I don’t know shit about fuck, but I did get private company options once. I think it all depends on the terms the company defines. In my case the company occasionally did buy backs. If you left the company you lost all your options. Company eventually got bought out and we all got paid out for our options. If the company had’ve gone public, the options would’ve been converted to shares or paid out (our choice).
Test
Pass!
u/username-taken82
Your comment is here and its live, not sure why you would be getting that error message. Do you also get the same message on other posts, or just the daily thread?
Na just on the daily thread. It looks all sorted now. Thanks for fixing it.
I'm wondering if its fine when you reply to comments on the daily, but the issue is when you make a parent comment, as in a initial comment. Keep an eye on it, if it continues send us a message on our mod-mail
You have to use all capital letters when you tag somebody or it won't notify them
@CUNT oi
@username-taken82 looks good now. Before, I couldn't even look at it unless I was signed out of my account.
CPV looking more hopeful
Was literally considering getting more. Happy with the little rally on friday. Glad to see you're still holding too!
When u get a do a ban bet from here can u still view the sub n not comment or can’t view at all while ur banned
You're not allowed on the internet during the ban period and must be in bed by 8pm.
Get pretty tired after getting fucked in the ass by the asx each day
I’m not allowed up that late anyway bedtimes 745
Can see the sub and upvote but cant comment
-19% to -10% my portfolio 🚀
Went from +8% to -12% and now at +36%.. since November. Every chance I’m back to negative at some point in the next few months.
About to be partying cause it’s 1999.
Tesla dropping prices 20%. Haven't had a chance to digest this yet, seems a big FU to the traditional autos who are all still playing catchup in the EV market. Will this bump sales and production and then most importantly our lithium stocks. Edit: Shitty headline, discounts across the board but only only 20% on one model.
Hey guys I’m on AVE and it went up 96% last night in the US just wondering is there a better place to view volume rather than yahoo it say 20000 units, am I reading that correctly? (Avecho)
Official IVZ mascot found: https://www.reddit.com/r/interestingasfuck/comments/10awucb/native_to_the_coast_of_south_africa_black_rain/
Mfw no discovery
That thing looks so sad. Give him a cheeseburger.
me when I look at my portfolio (excluding MAY)
Futures red!
It’s silver, clown
Currently out getting loaded in Tokyo still feel the need to occasionally shitpost on my favourite subreddit sad? most likely P.s: buy copper and commodities with diminishing supply, and not explorers that won't actually produce anything by the time the boom for that commodity is over
Favourite city! Endless exploration to be had. If you want decent priced vintage clothing, check out the suburb of Shimo-Kitazawa. Of all the sober things (actually would be great on acid) is the teamlab planets tokyo. Best light art display thing I've seen.
Lol yeah we're going to Teamlab Planets today actually, looks pretty cool 👌
Enjoy man! I'll be going again next time for sure.
Definitely get to the Golden Gai!
Officially jealous. Hope you cheer up and have a stroll - hit up a pachinko parlour or maybe find some arcade machines? (I dunno, I've never been - but I'd love to)
lol I meant it's sad that I still feel the need to shitpost here, not that I am actually sad 😅
Get on the strong zeros and 24 hour Ichiran.
The strong zeroes are in aus, and ichiran is bottom tier ramen
Yeah but not the mythical 12%'ers
Buy shochu and umeshu and eat gyoza and that dish where they hear the soy milk and you dip the skin that forms in sauce. 👍
have drank so much umeshu on this trip, my wife's mum makes the best stuff that's like aged several years, good shit 👌
I forgot your lady was Japanese. Sounds amazing! I go in 3 weeks, I will be searching for some amazing umeshu!
This umeshu is awesome. https://kentstreetcellars.com.au/products/heiwa-shuzo-tsuru-ume-nigori-umeshu-720ml Heiwa also do the best yuzushu. https://kentstreetcellars.com.au/products/heiwa-shuzo-tsuruume-yuzushu
Need to save this post I think.
you can make yr own… I just did! It’s basically equal parts sugar to green plums, covered in vodka in a clean glass jar with a strong seal. Some folk like this are hardcore about the rules (must use rock sugar, seek out japanese alcohol), but I made it with what I could find at aldi, and had no probs drinking it a year later :) https://www.miklia.com/plum-wine/
You're forgetting that there are zero plums where I live. We do this with rum and lychees though.
sounds delicious! I know not the edible bounty surrounding you, but guessing there's no end of tropical fruit you lucky thang.
Yeah plums are in cold places I think. There's only guava here.
price of alcohol here is so good (and so dangerous) for a 1st-world country \~$12 for a 700ml bottle of Jim Beam from the convenience store... dangerous stuff
Oh yeah, I remember buying yamazaki and some other more exclusive whiskies super cheap. You used to be able to get a bottle of yamazaki from the convenience store.
Markets closed, this 100% sucks.
Sold everything yesterday so I’m not fussed
Only 28.5714% of the time.
Almost heaven, West Virginia Blue Ridge Mountains, Shenandoah River Life is old there, older than the trees Younger than the mountains, growin' like a breeze. Country roads, take me home To the place I belong West Virginia, mountain mama Take me home, country roads. All my memories gather 'round her Miner's lady, stranger to blue water Dark and dusty, painted on the sky Misty taste of moonshine, teardrop in my eye. Country roads, take me home To the place I belong West Virginia, mountain mama Take me home, country roads. I hear her voice in the mornin' hour, she calls me The radio reminds me of my home far away Drivin' down the road, I get a feelin' That I should've been home yesterday, yesterday. Country roads, take me home To the place I belong West Virginia, mountain mama Take me home, country roads. Country roads, take me home To the place I belong West Virginia, mountain mama Take me home, country roads. Take me home, (down) country roads Take me home, (down) country roads
2nd red day for me. I noticed a little 4pm -4:10pm rally. How did everyone else go?
Minimum 6 green days in a row.
Up 2.1% on the day 🙂 GFM!!
-1.78% today..not bad I guess
[удалено]
PLS inverse cup and handle.
I feel like you have a thing for downvotes..
Small green. Beats a kick in the ass.
I finished in green.
ELI5 how the QAN enterprise value makes sense.
They didn't lose any money during covid as the government subsidised all their employees that weren't contractors and all of their storage costs and corporate costs. They have a paper loss which they can stretch for 7 years despite nothing but growth and profit on the horizon. Big divvies coming.
I reckon earnings are going to be pretty good considering the current mark up on flights, but they'll still disappoint compared to this EV.
Boomers
And billions of your tax dollars given away to them in subsidies, rorts and tax dodging
You know what really grinds my gears? Billions of tax dollars given away in subsidies, rorts and tax dodging really grinds my gears.
Right now I'm taking a box of shapes to bed and thinking about how life hasn't been the same since they took the dancing Mexican men off of them but why would that even matter now because by the time we get to our fave flavour part of the conversation ur all gonna tell me you hate savoury and that's fucking fine, cunt. But I'm allowed to like it. Faaaark. Me. Dead.
Pizza is best. My hands are like shovels.
I like all shapes, but I don't know these flavours cos only three flavours exist. Pizza, bbq, and sometimes chicken crimpies spawn into existence but only at Christmas when there's kids around.
I'm reasonably equal opportunity with my shapes. I like savoury, something nice about the simplicity... is it sesame seeds on top? It's good. Pizza and BBQ are also good, though lack the same understated elegance. Chicken crimpies just don't feel like a biscuit. Cheddar is fine, but nothing to write home about.
Bbq chicken is surprisingly good.
That's a thing? Are they kind of zig zaggy shaped? I might recall
Yeah, they're a fairly recent addition. They could be called Southern Fried Chicken, I can't specifically remember. Edit: just checked, they're called Fried Chicken flavour.
I'm a cheese and bacon enjoyer.
Fight me.
BBQ shapes are the BHP of shapes.
A true man/woman/them gorges themselves on savoury shapes. There shalt be no other.
Savoury gang, mount up and spread the blood of pizza shape lovers everywhere.
Pizza flavour or gtfo
>Pizza flavour or gtfo Keep the left over bits in the bottom and then sprinkle them on your next order of fish and chips.
I pour them into my gob, fail, then keep finding bits of cheese in my beard for days after.
Eat a packet of dick cheddar flavour you basic bitch.
Don’t tell you’re one of those fucks that likes chicken crimpy?
I'm definitely not one of those fucks that likes chicken crimpy.
BBQ is also acceptable
I'll let you run through every flavor before you come to the realization about the type of person you're dealing with.
What were the Mexican flavoured ones called?
They were dancing on all the flavors before some fuckhead deported them.
I miss 2021, what a beautiful time that was, even if I was stuck in that ex crack den, at least the bull run made me feel smugly in control. Now I have no money, and an actual autism assessment proving that I belong here. On the bright side, no more crack den addicts showing up out of the blue trying to settle old scores with people that don’t live there anymore and hadn’t in years
At least your actual autism assessment puts you ahead of 95% of people here
I’ll be a mod in no time
Hahaha look at your flair! Edit: I'd be willing to trade you a point of gear, a box of shapes and a mystery box for that flair.
Despite the market’s green I was still dogged by my biotechs. I’m really holding out for a bigger upswing to lighten my bags before the next dump. After being unemployed most of last year I forgot how rough 9-5 is. How are people managing without their mid-day nap ? Sure you’re poor on Centrelink but it’s an easy life
Surely rallies when you sell. You've got to be the last holdout on some of those
9-5… I wish, I’m 6-6
>I forgot how rough 9-5 is Depends on what job mate. If you love it, like most things, time flies.
I enjoy my work, I’m just physically exhausted by the end of the day 👍
What industry?
Science. More running around than you’d expect
I think they mentioned in a previous post that they're a sex worker in a mining town.
Busier than a one legged man in an ass kicking contest
Say you wanted to go long oil on the asx, what's your vehicle? Santos, Beach or whatnot? OOO is it leveraged to futures? Anyone getting greased up? Not you MAYbe.
read below re: BAS, and check out the chart for 3 month + 3 year = rather interesting, and I'd love to know what the fuck is going on for the massive sudden turnaround, which is but a bite out of a fucking huge elephant in terms of turning share price as a whole around.
I like that BAS has revenue to fund their endeavours but until recently the market hasn't given a shit. A lot of their recent rise seems to hinge on if their neighbour can be horizontally fracked. Gotta admit I've been eyeing it off though.
BAS, worth more than IVZ and MAY combined IMHO, but 5% of the MC
What the fuck happened to the price in the past, it used to be $1.30 and now it's 10c? Did they explore and find their reserves were 5% of what they thought or something? Lmao Sell me on BAS, I love a dumb O&G play
*cough*
why didn't you respond :(