T O P
dick-face-dick-face

does anyone else here think a person who owns more than two houses is a cunt?


nchiwla

What’s a house?


w-j1m

the total lack of nuance in this argument indicates you might have 0 houses


ChilliNoodles07

No way Own as many as you can. If you're a smart cunt, work hard or just lucky or inherit money who gives a fuck. Nothing wrong with being rich. I know this goes against the socialists in here but who cares, some people just want to have what others have got without getting off their own lazy arse to get it themselves.


dick-face-dick-face

there’s nothing wrong with being rich but there’s something wrong with being greedy mate.


ChilliNoodles07

No argument from me there mate.


dick-face-dick-face

💕


magicmushrooms554

YES


Webpage9

Yep. Should be illegal to own more than two. It's obscene 🤰🏾


dick-face-dick-face

two i can understand. holiday home, and city house. perfect. good life. any more than that you're just a plain, old cunt. invest in speccy mining stocks instead you dogs.


SunkDestroyer

Agreed


zemadfrenchman

This country has a problem with every single motherfucker wanting to be a landlord over some other motherfucker to collect free money for life. And the mindless belief that property prices can only go up forever. This is perpetuated by the "lessons" learned from boomers who saw their properties triple in value every decade over the last 30 years so they passed this "wisdom" down - just buy as much property as early as you can. One of the new guys at work is proudly telling me how he is a property developer for his side hustle... what the fuck happened where that is viable for a 20-something? He owns a bunch of shit-tier houses in low income areas and is gentrifying the fuck out of them with the bank's money. Houses should be homes not investment vehicles, and it's a crime what the landlord class is doing to the youth in our country. The negative gearing tax concessions should be cut ASAP but the last time a party suggested that they lost the "unlosable" election. Everyone agrees that housing affordability is a massive problem and should be fixed by the government, but whenever you ask people who own more than one house if they would be willing to cop a -50% value in order to fix this wealth gap they always make excuses or look sheepish. And thus no one will ever REALLY want to fix it cause "fuck you I got mine".


BuiltDifferant

Can someone explain to me who negative gearing can be used by someone with an investment property?


zemadfrenchman

It's unfair because it allows you to write losses off from property against your *other income*. So you can be making bank but pay fuck all tax as long as you can book enough property expenses. This makes owning too many properties at too much leverage actually a viable strategy as long as those properties increase in value eventually and your income is high. You get a big tax cut for just being a fucking landlord with a bunch of loans while your tenants pay most of your mortgages and you get to take your profit when you sell the properties at huge margin years later. This practice encourages excess investment into the already inflated property market driving prices up.


BuiltDifferant

I see I see. In Adelaide the people that buy lots of cheap properties as investment are usually people on low incomes. I don’t meet many people that are on high incomes that bother with investment properties they just have a ppor.


zemadfrenchman

Buy property and low income? How cheap are these houses you're talking about?


BuiltDifferant

It’s Adelaide, 300-400k


shitredditsays01

Combine it with negative gearing, borrowing money at low rates they don't even pay tax and make more money. Sure there is some risk but if they were already wealthy, well they just took the handouts and tax deductions. Easy wealth building.


Butter-Brain

Us bois cop a >50% loss on EXR and don't even blink, fuck boomers and this ludicrous property market


dick-face-dick-face

all of this is so spot on. may i also add politicians don't want to fix shit even more because they personally own twelve investment properties.


Fair_Spell9253

1/3 rent, 2/3 have a mortgage or own property. Both sides want the reins and so it goes.


raegrog

Finished up a fat 7%, if we could continue 5-7% a day for the rest of my investing life that would be great thanks


MattIJAllan

I’m bullish on this happening tbh, 2 days of green is making me feel things I haven’t felt in a long time


Webpage9

haven't seen the daily thread comments count so low in a while in other news, WHC and IHL doing God's work 🤰🏾


bootros44

The gain days are barely erect compared to the ultra flaccid loss days we’ve had of late. Some speccies are slowly recovering. BPT going alright too.


SunkDestroyer

Best things to do/places to stay whilst in Bali? Not there to smash bintangs, crash scooters and receive the death penalty for smoking the devils lettuce... Just looking to soak up the warmth, a bit of surfing and some hikes? Very keen! Still haven't re-installed the app but I did have a cheeky gander on google.. things aren't looking as red = happy days


Asxpuntingmuppet

Yeah all the comments below , just get out of the vortex in any direction and it’s all baguuuuus! Anywhere on the Bukit is good , head up to medewi for some tamer easier waves if that’s what your after , head over to Lembongan if u got time


SunkDestroyer

Thanks brother defs keen on some easier waves to start off with


AntiCGT

Nusa Lembongan; Thabu surf lessons, manta ray bay etc. DM me if you want more tips


SunkDestroyer

Thanks dude definitely keen on some good quality surfing lessons! I was looking at lombok too, have you been?


AntiCGT

Lombok is next time, I was on Lembongan when Lombok copped the earthquake in 2018, may be worth seeing if it is all re-built? Spend some time in Ubud, go to the Monkey Forest, eat some Padang, Alas Harum Kopi Luwak. I have a 20 year relationship with a driver if you need someone to get you from airport and around and sort out day trips for a good deal.


El_Nuto

Get a moto and cruise around very chill place


Mr_X2017

The jealousy is immense.


username-taken82

Surf man… Some [incredible waves](https://www.adventureinyou.com/indonesia/10-best-surf-spots-in-bali/) Also Sanur is nice, way nicer than Kuta. There is a fun little right on the reef out front of one’s of the main hotels, also Keramas down the coast a bit but it gets crowded..


SunkDestroyer

Thanks man 🤙 I'm so pumped


rudagah

Sanur is nice. Not too many bintang singos


captain007

I'm in Bali at the moment, down in Uluwatu. Have you checked out the beach clubs to sit and watch the waves and the sunset


SunkDestroyer

That sounds awesome mate, ill check it out


captain007

Google "Kelly's warung" bit of a mission to get there, but great view and vibes


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poptartape

Good news is Covid death rates are very low


Invertmypicks69

A miracle for a malnourished country that's refusing vaccines


Retired-Wiggle

for anyone under 70 the survival rate is still in the order of 99.9%


BuiltDifferant

Nasdaq will fly tonight


Educational_Peanut17

Why do you think so?


BuiltDifferant

Gotta a tingle in my dingle


Educational_Peanut17

Best kind!


SydneyLockOutLaw

>tingle in my dingle It could be tumor.


w-j1m

its not a tuma


FrankGrimesss

Why? lemme huff whatever hopium you've got


MattIJAllan

Isn’t JPOW doing some speech, therefore lock in green (and heavy red the day after)


Meaty0gre

Bitcoin green = spy open green, may change


FrankGrimesss

JLG if you keep this up you're getting both barrels.


YeElonTusk

Deadset what is the cunt doing? Why the massive sell-off? Labour shortages and bit of the old inflation scare is all I can think of. Going to keep buying the dip unless one of youse can give me a reason not to.


Shepherdspie_inyaeye

>do/places to stay whilst in Bali? Not there to smash bintangs, crash scooters and receive the death penalty for smoking the devils lettuce... Just looking to soak up the warmth, a bit of surfing and some hikes? Very keen! > >Still haven't re-installed the app but I did have Labour shortage for JLG going forward won't be as bad as the last 2 years where all the trades people were focused on new builds rather than insurance work as they could charge more and got paid sooner.


FrankGrimesss

Apparently climate change is cancelled. Great news!


ToiIets

Sorry to AVZ holders, but as someone who sold at 600% up that was coping shit from my supervisor that I sold too low and I'm a pussy who doesn't know how to make money - I am definately enjoying my little window of schadenfreude.


SydneyLockOutLaw

> but as someone who sold at 600% Proof or ban.


Zapperpud

Shadenfreude, I love that word….I’m going to add it to my CV


Affectionate-Gap-166

Fuck you got in early to be up 600%


ToiIets

Yeah I got in and held a while at around 9.5c... I came back to it after buying and selling back in the last lithium run back in 2018 so I was lucky I had them in the back of my head when lithium was coming up again.


Affectionate-Gap-166

man well timed. I'm jealous. I'm hoping the rest of 2022 will be okay but I'm doubtful


ChilliNoodles07

Up 7 percent for the day. Hopefully keeps going


wallyone123

Dayummm gurrrlll.


Webpage9

make this Waldo's flair 🤰🏾


Phillwog

I'm convinced that ASM is being subjected to some hectic market manipulation hey..


springoniondip

How much of the recent ATH was hype tho? (Genuine question, don't follow ASM) but most of the good speccy miners LTR, etc have taken a beating last couple of weeks


[deleted]

Whats going on?? Thought Koreans paid premium for their shares


Retired-Wiggle

up 10% for the day. That's a pretty bloody nice feeling after the past few weeks


wallyone123

Dayummm gurrrlll.


Retired-Wiggle

Just to keep things fair and balanced, I'm overall still deeply in the red. Don't want to put out false impressions. People generally only spruik positive news and that leads to people getting an incredibly biased sensation around their own investing. So here's to all the boys swimming in red. You're not alone.


wallyone123

Thanks old wiggle. I just breached green territory today. 0.42%+


skullofregret

After today I'm beating the normies again. I might stay in the markets despite this bear climate, I think that RNU and IHL have a bit more run in them.


openlawnie

WNX outa nowhere! I'm not the only holder now


Affectionate-Gap-166

Finishing the day green??? What is this?


chicken_sweat

Is this green which I see before me, The tendies toward my hand? Come, let me clutch thee. I have thee not, and yet I see thee still.


raegrog

CRR holy moly. Also, we love a green day. Bears r fuk


Honest_Requirement38

It’s been a long time coming… some great news over the last couple weeks…


raegrog

Been buying hard in the 7's-8's in the last couple of weeks.


coastie_trader

Nice to see speccies back on the menu today. Im actually up $725.00.


w-j1m

fuck it gonna yolo $50k at ASM


PianistDesigner1423

I'd wait ✋️ just a while longer.


w-j1m

would've missed the +10% today


PianistDesigner1423

Hopefully you bought at the bottom yesterday. When I looked it was still heading south


w-j1m

nah bought at 5.11 and sold at 5.42 after being a pussy in the morning, not quite 10% but ok for a one day hold.


w-j1m

as soon as i submitted my order i had 15 orders line up behind me <$500 each. BOTS I TELL U. THE MANIPULATION. CALL ASIC


kervio

Algo traders 😞


timtams89

I’m glad I’m back in the green with IHL but I have to say the rat bashings really soured me on the company


scorpio_

You gotta crack a few eggs to make a science omelette.


Ruskiwasthebest1975

Fucking coal saving me from an RE spanking today…….


Mirahge

SRN you bastard, you're alive?!


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Jason_Tail

I don't love that I am still a way down overall but it's nice to see some resistance hit or perhaps at least some stability found overall. Couple grey days are sorta welcome after the last month.


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kervio

Good luck!!


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kervio

Yeah, hopefully you can pull it off! What's the reno budget? I watch a lot of selling houses Australia and they seem to be able to do a lot for not much money as long as you don't have to knock down any walls.


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kervio

Oh wow, how's that been going so far? Is it working out ok? That's probably the dream for many here.


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kervio

yeah ok :) 2022 has been quite brutal so far, so I don't doubt there are some paper losses around!


Wannaliveinpenthouse

For those still wondering about US baby formula milk shortage, producers there are Nestle, Abbott. Don’t relate it to some company here with number.


Damaged_Kuntz

BUB sells there.


cameltrowe

My missus just bought some ass to mouth milk home from the shops and it was reduced to 99c writings on the wall?


DX6734D

Tell that to everyone buying BUB, up 12% today


MattIJAllan

Celebrating being up 12% while down 60% overall


Electronic-Soil3412

Please do something VML 🙏


Ruskiwasthebest1975

It will do grey. VML owns grey. I think Pantone should name a colour VML grey at this point and make it the colour of the year.


coastie_trader

It wont!


kangaroute

such a silly request. it spent half the day at or above .051 so its time to rest until tomoro after 10am. the vml way.


Calm_Lengths

VML the grey!


Doomkoon4648

GREEENNN


Calm_Lengths

Offsets the IXR red pip today


wordplayar

Something good please


BeardFactory

AGN up 10% 2 days in a row. I’m huffing the good paint tonight


catch-10110

I only have two stocks on my watch lists that are attractive enough to me that I might buy. That might be a record for lowest ever. Something something sentiment something.


BuiltDifferant

What are they


A_Anderson151

catch told me privately they were DW8 & ZIP


BuiltDifferant

He’s a smart fellow


catch-10110

ANL and DLC (I’m not here to pump tickers. Just sharing an observation.)


tsaund1974

Roger VUL MNS 😉


BuiltDifferant

FLT A2M nice picks bro


tsaund1974

SandP global commodity index says that there will be a softening of lithium prices as supply will outstrip demand for 2022… like the crazy people with the ‘end of world is nigh’ placards on them….there’s probably more chance of me winning powerball though…and I don’t play powerball!


acenoix

Look at that CXO go!


RETAW57

Trying to find the most ovepriced Lithium stock, so i can track Lithium sentiment (logically most overpriced should get stuffed first). So far I think 1MC - Morella fits the bill despite a couple of encouraging hits in their WA sample, nothing of much substance to justify 130MCAP (i think it breached 200??). **Any others? I thought RDT, but they seem to have enough hits to probably get an ESS sized resource in, so they're pricey, but not 1MC level retarded.**


WowVeryJosh

Definitely not RDT. They'll be putting a JORC out this or next year 100% agree on 1MC. People are just playing for the PLS 2.0


Apotheosis

LRS or LKE


Stunning_Blackberry

AVZ until the trade halt is lifted


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sneakycutler

💯


Instantly-Regret

I second this. I use LKE and CXO as a measure of how much frothiness is about for lithium


BuiltDifferant

LKE VUL LTR


sneakycutler

MAY riding on oil & gas rally today 👍🏼


TooManyStocks22

MAY it rise to around 14 so I am green on it!!


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Church_of_FootStool

Why the fuck would anyone but morningstar care about what morningstar have to say? I'm sure at this point even they know their algorithm is useless


kangaroute

LOL at Morningstar valuations


TooManyStocks22

Interesting it is down 4% today!


rcj162000

PEN still lagging amongst U stoinks. Defo a dog


w-j1m

go back in time on the charts - is been a dog for \~15 years it aint gonna change.


Church_of_FootStool

Pen 15!


Hypertrollz

PEN15


FrankGrimesss

Punted $10k into EXR. It seems like the more I lose, the higher my risk tolerance is... Go figure.


Affectionate-Gap-166

Had such high hopes for it. Now it's just a broke dick dog


Leadership-Quiet

Numb to the pain.


peglegsmeg

Practice Start small then sky is the limit on what will fit up your ass


Simonpink

1man1jar


frankyfkn4fngrs

I don't hold it but interested to know what's people's thoughts are on the steady decline of JLG? Added it to my watchlist a few months ago after someone mentioned it here and it seemed like it had that 'not a speccy, not yet a boomer', 'grow-er not a show-e'r kinda vibe to it, but seems negative sentiment is strong at the moment. Are their costs directly affected by interest-rate rises?


_MUKLUK_

Unprecedented back to back CAT events, GICOP, material/delivery delays, media attention, public sentiment, Covid, borders/locations... These are all immediate factors within the industry that affect the costs, along with interest rates. JLGs NSW government deal appears to be scoping for settlement, so I think there may not be much repair work profit. I also wonder if their US purchase/corporate restructure was timed well or not 🤔 Overall, the home repair industry will outlive the construction industry by decades, and right now JLG have the biggest footprint in Oz (I think).


Razorzej

With all the flooding I thought JLG was going places. Sold at 8.66 and when it rose a fair bit more I was kicking myself, but happy now!


TooManyStocks22

Debt is 26% of their capital base so yes they are susceptible to interest rate rises. In saying that there should be a certain percentage that can be recovered by passing it on to the customer base.


FrankGrimesss

JLG was my most consistent earner before the dump at the start of the month, I still like it as a hedge against climate change (lol). Currently down 15% personally.


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sumcunt117

Everyone holding tight


Tenconeslater

Hoping someone wipes 25c


Dude_Chucks

Calm before the Waka?


cohex

Ah yes back to the days where only ETFs are dogs on my portfolio.


jayacher

NDQ hit with a sledgehammer this morning that it won't recover from today, meanwhile PLS being a total bro.


SnooDonuts1536

Not sure if this is stock market or wall painting drying


[deleted]

QPM up 10% currently, really excited for the grey finish as per usual 😃


drail85

Go on SYA.. get back up there you big cunt! Ooss osss eshay adlay


ken_oath_cunce

Ous ous ous ahbrays


skullofregret

IHL breaks .50


TooManyStocks22

I didn't think it would crack 50 but there you go!


mo2704

IHL keeping me refreshing my port


sneakycutler

NMT being a 🐶 lately


Adventurous_Pie_6550

It was up 10% last Thursday. It's a hold for me


FrankGrimesss

I'm holding through this year and maybe into 1H23, lots in the pipeline atm. Frustrating to be down so much but my entry was high.


alllrandom

I have real trouble understanding emojis. I think it should be recognised as a type of disability. What is that a bear or a dog or something else?


oncemauled

i would hazard a guess that understanding emojis is the disability, we who cant understand emojis evolved from pictograms when we left caves, regression is not a positive. although I find it hilarious when ppl use an emoji followed by the word they meant to replace


Far_Unit9020

Cookies & cream icecream I think


alllrandom

Makes sense


oncemauled

so BRN just released a new video showing how akida works, this time it is not made by BRN but from Nviso. I know many have doubted the BRN supplied examples of akida running, so have a look and reconsider. As Nviso state, this tech will become NCAP standard very soon. BRN is so well positioned to dominate this market. https://www.youtube.com/watch?v=zRmT5KoUJ1E


TooManyStocks22

Interesting the occupant count on the screen was 3 but there were 4 in the car!


oncemauled

didnt notice that, thanks. Whats the bet the devs are single and have no idea kids wont stay in those zones to be detected properly. Its a good start though from what i have seen.


TooManyStocks22

Definitely impressive tech.


Synkronicity

back to 1% green overall!


wallyone123

0.42% checking in.


maybethough

I think media articles about this place should include how the opening bell every morning is someone writing *eat da poo poo*


logofpoo

>someone Don’t act all coy. …*walter white voice*….Say My Name


Starchivoress

What happens if we stand in front of the mirror and say your name three times, a la Candyman? What will you do to us, logofpoo?


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maybethough

Just enough mystery to get them to go to his profile, and then...


kangaroute

and give our very own daily Town Crier some much deserved credit. Publicising his catch phrase as his very own, avoiding any plagiaristic suggestion.


dick-face-dick-face

anyone noticed selfwealth have this written at the top of their home page? "It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout."


rhythm34

"Australia’s best share trading app" 🤔


dick-face-dick-face

https://imgur.com/a/dKjKpyU


Hodlmelongtime

Looks like test content slipped into prod


ri0t333

Any other GTR holders get a letter in the post about R8R (Regener8 Resources) IPO? Apparently Regener8 is going to acquire Kookynie Gold Project from GTI


Calm_Lengths

More like R8R is a spin-out from GTR, where GTR retains 20% of R8R's shares as a part of the spin-out offer for the gold project


Jakeyboy29

Amazing announcement for PLS 🙌🏼


BeardFactory

Weird experience on SelfWealth. The current AGN price is 45c, the lowest seller price is 49c. I tried buying $100 of the 49c but SelfWealth said my order failed because it was too far from the current price. It is literally the cheapest buy-now price


TooManyStocks22

Does SW allow trades of $100?


Far_Unit9020

Yes, can buy any amount if you already hold - minimum $500 initial buy in


TooManyStocks22

I wonder if Beard has $500 of AGN already?