IVZ with a panty soaker announcement and what a name for the second target babao?
Truely though, this will likely confirm our farm in partner and for both wells within the next week.
ACF release their results on 24 August. They will also release FY23 guidance which is expected to be very strong.
I am hoping for a 20% SP increase to 60 cents but you never know with this market.
I have a savings for my daughter which I have in some ETFs that i add $20 a week to (put it in once per year), she is up 7% since i invested the first lump sum 1 month ago. She will be picking my stocks from now on.
I used commsec pocket, $2 brokerage and low management fees for the ones i chose. Once its a more significant amount I'll probably move it to something bigger but its hard to justify $20 brokerage on $1200.
I'm gonna give it to them for a house deposit or overseas holiday when they are 18-21.
Here's a sneak peek of /r/AusFinance using the [top posts](https://np.reddit.com/r/AusFinance/top/?sort=top&t=year) of the year!
\#1: [Interest rates going up will not help you buy a house..](https://i.redd.it/w7zfhydrm0r81.jpg) | [894 comments](https://np.reddit.com/r/AusFinance/comments/tu6o2o/interest_rates_going_up_will_not_help_you_buy_a/)
\#2: [What’s a financial decision you’ve watched someone make that made you scream inside?](https://np.reddit.com/r/AusFinance/comments/wn0266/whats_a_financial_decision_youve_watched_someone/)
\#3: [How will the upcoming tax cuts affect you?](https://i.redd.it/uqmosoq78uo81.jpg) | [1124 comments](https://np.reddit.com/r/AusFinance/comments/tjrisx/how_will_the_upcoming_tax_cuts_affect_you/)
----
^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| ^^[Contact](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| ^^[Info](https://np.reddit.com/r/sneakpeekbot/) ^^| ^^[Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/o8wk1r/blacklist_ix/) ^^| ^^[GitHub](https://github.com/ghnr/sneakpeekbot)
Cheers mate, sounds like a great idea. My plan is pretty similar to give them a good start, who knows how expensive real estate could become when they are ready to buy.
Get it compounding away early !
IHL looking very tempting with their new hire... However was yesterday's 18% increase due to the leaking news? If so I'd expect some to sell the news today
Edit: aaaaaaand I just bought some
IVZ to close red today or I’ll take a week off u/mcfucking.
Todays announcement was long expected - the only surprise was how long it took. I think people are too frothy with expectations and momentum cooled yesterday.
Plus a holiday is always good 😉
So i have 50k shares in IVZ at 14c, contemplating keeping my sell order in at 30c (i'm in top 5 orders) or taking it off and just yolo'ing it all to closer lead up and drilling?
Any ideas for this degenerate
Edit: Sell order is for 20k shares, so will carry through 30k shares for drilling. Just wanted my initial deposit out.
You're getting out and I'm thinking about FOMO'ing in
If there's one thing I finally learnt from the last 18 months on here is don't FOMO in
but I want to so bad
I'm in a similar boat ($46k at 0.157 buy in) and can't decide to free-carry or not (if price gets to 0.30). I'll likely end up risking it all and if a duster comes out of first well, just hold until second drilling.
Scared shitless of what I'm doing but hey ho not sure when this kind of opportunity will come up again in the short term.
We're in very similiar situations (47k at 0.158). I'm also still deciding on how much if any I sell though either way I have decided I'll probably wait until after spud but pre-first target. Makes things spicy
I like to imagine Scott browsing through this thread while sipping his morning coffee only to see:
PowerBottomBear92: "*Scott is going to make me cum"*
Scott: *"Well that's enough internet for me today"*
Listen to your God (Scotty), this is our motto
Your time to shine, don't wait in line
Y vamos por todo
People are raising their expectations
Go on and feed them, this is your moment
No hesitations
Today's your day, I feel it
You paved the way, believe it
Purchased from a service, top and tailed by some lowly paid content junior burger, headline “optimised” and published. The original from the wire may be bot written yes.
Simply wall.st would be buying from the same wire/service.
Motley Fool? You gotta be kidding Me. I'm just a robot, but I think it's a load of horseshit.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/ASX_Bets) if you have any questions or concerns.*
It's next week - today is the last day if you want to buy in to the IPO (if you look at their [website](https://hreltd.com.au/) \- not sure if its open to all though)
I used to do heaps of travelling, long multi day bushwalks and living it up but I’ve just been working flat out since 2018.. so keen to have a massive break hey
I did most of my travelling about a decade ago, I'd highly recommend doing it at some stage if you can.
We've only been to Japan the last few years coz of Covid and the travel bug is back in a big way.
I want to take most of the year off next year tbh. Very lucky in that I’ve got dual citizenship to Germany 🇩🇪 and zero debt so really there is nothing stopping me :)
Nice, will it be bankrolled by your stocks?
Might as well do it while you're young man! Get after it. Just make sure you have those trade papers first!
"The consumer is absolutely rooted, they can barely afford food so definitely not buying clothes or anything else."
-- 1 month later--
"Wait lol nvm"
Yours (in)sincerely,
Walmart
need to look at the *next* six months, not the *past* six months
barely any of this rate rise impact will have been reflected in the reports we're seeing come out this quarter... need to see what company messaging etc. looks like around December to make a proper call
Just waiting for the posts saying, "I invested every dollar I had in BBBY options, I was up 10 million, but was sure it would at least go up another 10000%, but now my options are worthless"
Cameco is the only real large cap listed on the North American markets. Kazatomprom is the other large company in the sector and are listed on the LSE.
At the next rung down of 1-2 billion market cap, you've got UUUU (OK), DNN (good), NXE (ok to good), and UEC (lifestyle shitco). Slightly smaller you've got URG which is pretty legitimate and then it's shitcos all the way down.
PEN is only a small cap at 170M but should be restarting next year with contracts in place. Looks like pretty good value at the moment. I'm hoping to top up at .155
I don’t think it’s a sin, per se. It’s just that it’s literally designed to be a passive investment. What’s there to discuss about a stock that moves up or down 0.5% every day. 😴
The exception is if you’re talking about thematic ETFs, but then it’s like, why be a bitch and not just choose 1 or 2 stocks in the theme? Particularly because Thematic ETFs have notoriously high management fees (MER)
I’m looking to sell out of some of my dogs like, WR1. Take profits out of LRS and maybe CXO and I’m looking for a high risk, huge loss/reward play.
I’ve been looking into the following, keen to hear any thoughts on them:
LPM - lithium, currently drilling
LPI- seems undervalued lithium compared to peers
KZR - Pilbara lithium play
MMG - assays due end of September
OLY lithium and gold in WA.
SGA - Kazakhstan graphite
CRR
Anyone like/hold/vehemently dislike any shares from this list?
Because everyone says the management are dodgy and they live off announcement and capital raises.
Why are you so bullish? Was going to lock in some profits
Checkmate AusFinance VDHG investors (-8.68% 1yr return), I'm getting [3.50% interest on my bank account](https://www.savings.com.au/news/boq-savings-increase-august)
I thought you were banking with GL1. Sweet interest rate for the year, not liking that new curve this week though.
[going….down?](https://i.imgur.com/gAA3bRg.jpg)
I think that WowVeryJosh is 27, light brown hair, round glasses, always looks like a person who is angry about something but trying to conceal it. Dresses warmer than the weather in expensive casual clothing, drives a Subaru XV, no pets. Owns a puffer jacket. Is surprisingly tall and is frequently pursued by others seeking to hook up. Has a fondness for glass furniture and energy drinks and expensive deli cheeses. Nearly joined a band, nearly became an actuary, changed his mind at the last minute on both counts. Walks really fast even indoors. Persists in wearing baseball caps but they don't suit. A competent snowboarder. Secretly enjoys newspaper puzzles. Once strangled a possum. Once dangled off a balcony.
Shouldn't it be?
I mean, the pride comes from achieving something difficult, and hard for the Everyman.
I mean, what the achievement in wanking to, say, Angelina Jolie?
So, wouldn't this be, in fact your proudest wank?
Things the market has taught me so far in 2022:
* If you start trading in one of the biggest bull markets in history, you will be mentally unprepared for how bad things can get
* If you invest in the story, you will get smoked
* A portfolio of small caps will get toasted as soon as the supply of capital dries up, no matter how golden their potential seems
Finally some truth https://www.youtube.com/watch?v=ZyRdKVIGUoY
That's why I dislike Ray Dalio, pumped up China stocks and investing over and over and then sold out his entire position. Billionaires only want one thing, more money especially if it's yours.
Notwithstanding my disapproval of Dalio for being a massive China shill, I do have a level of respect for the exit pump. Takes some commitment to put out a 500+ page book for the cause instead of some Reddit shitposts. Although if I had 9 or 10 figures on the line and a team of researchers doing the work for me I could probably find the motivation for writing a book.
To be fair, it's the ability to quickly and decisively change your mind when reality fails to comply with your thesis that makes a brilliant investor. It is what made Dalio a billionaire in the first place.
I think he genuinely believed (and probably still does) that China will continue to grow and then surpass the US as the world's largest economy. Despite that, he has a duty to his shareholders to protect their wealth. No matter what he believes, if the economic indicators are suggesting a decline for whatever reason, he would have to act defensively.
Stocks go up stocks go down
It be a bloody sea of red in the Lithium market today. Rip
IVZ with a panty soaker announcement and what a name for the second target babao? Truely though, this will likely confirm our farm in partner and for both wells within the next week.
Seems unusual for DW8 to suspend rather than halt for a cap raise.
ACF release their results on 24 August. They will also release FY23 guidance which is expected to be very strong. I am hoping for a 20% SP increase to 60 cents but you never know with this market.
DRE pumps out price-sensitive announcements like Motley Tool does dogshit stock recommendations
It's insane, in the best way. One stock that I'm glad to have learnt about c/o here :)
Is it time to take profits with IMU and rebuy when its drops or is it perminantly mooning? afaik we are a year from any results from stage 3 right?
Pharma deals/ takeovers usually occur at the end of phase 2 studies. Phase 3 studies costs millions of dollars and take years
True about takeover, i guess I'll need to dig into takeover news with imu
Can IVZ bring out some merch? Maybe a shirt with a picture of Scott in a muscle tee riding an elephant up to the exalo rig at sunset
We are pleased to announce……
That would be….majestic🦄
The could fund the second well costs with Merch sales
Ayyyoooo, revised bid of A$0.250/share for GNX still low. Fuck these Atlassian dickheads.
Homebrand Elon strikes again
"Homebrand Elon" 😆 Oh, I love it.
Lol
Our Lord and saviour, [Waka be thy name ](https://i.ibb.co/RgZYfpT/Screenshot-20220812-154036.png)
I have a savings for my daughter which I have in some ETFs that i add $20 a week to (put it in once per year), she is up 7% since i invested the first lump sum 1 month ago. She will be picking my stocks from now on.
Can I ask what platform ? Had my first born yesterday and have been looking at SelfWealth kids to do something similar.
I used commsec pocket, $2 brokerage and low management fees for the ones i chose. Once its a more significant amount I'll probably move it to something bigger but its hard to justify $20 brokerage on $1200. I'm gonna give it to them for a house deposit or overseas holiday when they are 18-21.
it's a great idea, except pocket = shit. more on this at r/ausfinance
Here's a sneak peek of /r/AusFinance using the [top posts](https://np.reddit.com/r/AusFinance/top/?sort=top&t=year) of the year! \#1: [Interest rates going up will not help you buy a house..](https://i.redd.it/w7zfhydrm0r81.jpg) | [894 comments](https://np.reddit.com/r/AusFinance/comments/tu6o2o/interest_rates_going_up_will_not_help_you_buy_a/) \#2: [What’s a financial decision you’ve watched someone make that made you scream inside?](https://np.reddit.com/r/AusFinance/comments/wn0266/whats_a_financial_decision_youve_watched_someone/) \#3: [How will the upcoming tax cuts affect you?](https://i.redd.it/uqmosoq78uo81.jpg) | [1124 comments](https://np.reddit.com/r/AusFinance/comments/tjrisx/how_will_the_upcoming_tax_cuts_affect_you/) ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| ^^[Contact](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| ^^[Info](https://np.reddit.com/r/sneakpeekbot/) ^^| ^^[Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/o8wk1r/blacklist_ix/) ^^| ^^[GitHub](https://github.com/ghnr/sneakpeekbot)
Cheers mate, sounds like a great idea. My plan is pretty similar to give them a good start, who knows how expensive real estate could become when they are ready to buy. Get it compounding away early !
… ok?
IHL looking very tempting with their new hire... However was yesterday's 18% increase due to the leaking news? If so I'd expect some to sell the news today Edit: aaaaaaand I just bought some
I legitimately like IHL the most of all my speccies, that said you're brave buying in after yesterdays massive pump.
I'm a brave idiot with the 10% drop now but outlook still looks good
🚢💦
IVZ to close red today or I’ll take a week off u/mcfucking. Todays announcement was long expected - the only surprise was how long it took. I think people are too frothy with expectations and momentum cooled yesterday. Plus a holiday is always good 😉
so much hate . nice one.
Fucking moron That was harsh, its tru tho
Time 2 buy
>We are **extremely** pleased You're fucked
Ahh fuck. Too late for takesie-backsies?
Hater
I hold to be clear. Just going on the signals and having a bit of fun with it.
Get’m !
sold. Got this u/mcfucking
😘
Waka just got a whole lot more spicy boys. Ann today - expect another resource upgrade next.
So i have 50k shares in IVZ at 14c, contemplating keeping my sell order in at 30c (i'm in top 5 orders) or taking it off and just yolo'ing it all to closer lead up and drilling? Any ideas for this degenerate Edit: Sell order is for 20k shares, so will carry through 30k shares for drilling. Just wanted my initial deposit out.
Hold through drilling and make your parents proud.
You're getting out and I'm thinking about FOMO'ing in If there's one thing I finally learnt from the last 18 months on here is don't FOMO in but I want to so bad
I'm in a similar boat ($46k at 0.157 buy in) and can't decide to free-carry or not (if price gets to 0.30). I'll likely end up risking it all and if a duster comes out of first well, just hold until second drilling. Scared shitless of what I'm doing but hey ho not sure when this kind of opportunity will come up again in the short term.
We're in very similiar situations (47k at 0.158). I'm also still deciding on how much if any I sell though either way I have decided I'll probably wait until after spud but pre-first target. Makes things spicy
It's nice having a bit of spice in one's life hey.
Cut your sell order in half? You’ll feel good taking some profit, feel less regret if it does moon or plummet.
Take it off, daddy waka isn’t finished with you yet. Obviously financial advice, RAINS IN AFRICA
Scott is going to make me cum
I like to imagine Scott browsing through this thread while sipping his morning coffee only to see: PowerBottomBear92: "*Scott is going to make me cum"* Scott: *"Well that's enough internet for me today"*
😘
Waka waka announcement.
Listen to your God (Scotty), this is our motto Your time to shine, don't wait in line Y vamos por todo People are raising their expectations Go on and feed them, this is your moment No hesitations Today's your day, I feel it You paved the way, believe it
Now I’m green on NEA, bring on another bid 🚀 ‘strong growth, strong cash position’
Is the motley fool written by a bot? The articles read like the ones from simply wall.st
Purchased from a service, top and tailed by some lowly paid content junior burger, headline “optimised” and published. The original from the wire may be bot written yes. Simply wall.st would be buying from the same wire/service.
Motley Fool? You gotta be kidding Me. I'm just a robot, but I think it's a load of horseshit. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/ASX_Bets) if you have any questions or concerns.*
What time is HRE (Heavy Rare Earths) listing today?
Is it so heavy that a moon rocket won’t be able to take off?
It's next week - today is the last day if you want to buy in to the IPO (if you look at their [website](https://hreltd.com.au/) \- not sure if its open to all though)
Confirmed. ASX site says 24/8 at 10:30
Patiently awaiting the IHL announcement to find out how many balls Joel fit in his mouth... 👨💻
I missed this rumour? What are we expecting an announcement on?
At least 4 if insider info is correct
Definitely keen to sell some shares next year and take a six month trip to Europe.. working full time for the last 4 years straight is bullshit
Have just gotten back and i'm already planning a 6 month hiatus to Europe and Mexico for next year! Can't recommend enough
Mexico is amazing. I'd pay about a million shares of a dog stock right now to be sipping a mezcal at sunset with a good salsa on my table.
It'll cost you 1million 4DS shares
I used to do heaps of travelling, long multi day bushwalks and living it up but I’ve just been working flat out since 2018.. so keen to have a massive break hey
I did most of my travelling about a decade ago, I'd highly recommend doing it at some stage if you can. We've only been to Japan the last few years coz of Covid and the travel bug is back in a big way.
I want to take most of the year off next year tbh. Very lucky in that I’ve got dual citizenship to Germany 🇩🇪 and zero debt so really there is nothing stopping me :)
Nice, will it be bankrolled by your stocks? Might as well do it while you're young man! Get after it. Just make sure you have those trade papers first!
I’m trying to save up 20k before the trip, then see how it lasts me. Would be good to not touch the stocks unless I really needed to hey
I guess it's a good start and then if you need to sell some to get you home or if your plans change.
🟢🟢🟢
Yes
thank you for your DD
Continue to play the TPW volatility, great spread
"The consumer is absolutely rooted, they can barely afford food so definitely not buying clothes or anything else." -- 1 month later-- "Wait lol nvm" Yours (in)sincerely, Walmart
need to look at the *next* six months, not the *past* six months barely any of this rate rise impact will have been reflected in the reports we're seeing come out this quarter... need to see what company messaging etc. looks like around December to make a proper call
bullish for my DSK holding? 🤔
I don't see why not. Retail in general sold off on stories of everyone being broke, and it turns out they aren't (quite as broke as we thought, yet).
This is the hopium I need.
I wonder if IHL will drop a price sensitive ann today 🤔
wish granted
I am shocked, shocked I say
Wow, the DOW made back most of its post Feds rate rise losses Recession canceled
If it was really a recession at all with this low unemployment
BBBY (Bed Bath & Beyond) \+ 75.25% right now. wtf? u/colliric
It was making the rounds on WSB. Some of then are trying for GME MK2.
FUBU as well.
[удалено]
I think its not the clothes its a pay tv type thing. I was into Cross Colours pants ;)
Yeah it's going.... 3-Year high is in striking distance.
But … why
Short Squeeze by WallStreetBets.
They will jump out at the end of the week
Just waiting for the posts saying, "I invested every dollar I had in BBBY options, I was up 10 million, but was sure it would at least go up another 10000%, but now my options are worthless"
I love watching it but f participating haha
I put in $10(USD). If it becomes $100 I plan on splitting it up 10 ways on other stuff. Otherwise I'll just hold it.
I participated. Jumped in 3 separate buys on FUBU. Rug pulled very quickly and lost $2k all up. Not doing that again.
Bed bath and beyond.. rugs.. there’s a joke there but I’m too sleep deprived to fucking bother right now
Haha that is good ;)
Does anyone know who are the big uranium companies listed in the US?
do a search on your frends r/WallStreetBets for all the hopium
Cameco is the only real large cap listed on the North American markets. Kazatomprom is the other large company in the sector and are listed on the LSE. At the next rung down of 1-2 billion market cap, you've got UUUU (OK), DNN (good), NXE (ok to good), and UEC (lifestyle shitco). Slightly smaller you've got URG which is pretty legitimate and then it's shitcos all the way down.
PEN is only a small cap at 170M but should be restarting next year with contracts in place. Looks like pretty good value at the moment. I'm hoping to top up at .155
We only buy peninsula at .15 this is the way
Today could be that day!
Cameco
Will TLG ever get their reindeer licenses sorted?
You need the teachings of /u/rhythm34 to still not know the answer, but in a more profound and in-depth way.
IMU anyone
somehow missed IHL doing 18% on no news today lol
When is U back on the menu 😭
I is always on the menu bby grrl, watchu mean
I want a different menu.
[I gotchu, fam](https://www.facebook.com/cccpsaigon/menu)
I know it’s a sin to talk about etf’s here, but anyone know why DHHF gapped up like a speccy miner this morning? Check out the candlestick
making sense out of etfs is a true autist folly. shovel money in now take money out in x years time. no more.
I don’t think it’s a sin, per se. It’s just that it’s literally designed to be a passive investment. What’s there to discuss about a stock that moves up or down 0.5% every day. 😴 The exception is if you’re talking about thematic ETFs, but then it’s like, why be a bitch and not just choose 1 or 2 stocks in the theme? Particularly because Thematic ETFs have notoriously high management fees (MER)
I can only assume someone fat fingered it
Home Depot and Walmart smash earnings, bullish. Green day incoming!
Oh my god..... BBBY +33%! It's blasting off! Edit: Now it's 40% Not long till it hits it's 3 year high!
Green 🍆
Another la Nina called, nice knowing you east coasters.
Good for JHG
Need for Speed vibes when I hear this
WBT 4DS finally dead, i really hope some shitcunts in here listened to me when i called it many moons ago.
Congratulations. You are the smartest smelly old cunt at the TAB
What was your original rationale?
Yeah many moons ago… can you gargle my cum?
Multiple times i called it and on many moons too. Your mum is gurgling my cum so a little busy right now sorry.
You want a medal cunt?
Fuck that guy, give me the medal!
You’ll melt it down for its base metals!!
Threads are getting more active. People must be making money again.
*breaking even*
People are breaking even?
Or we’ve finally recovered from a brutal rape
When it’s not a complete embarrassment to look at your trading app… it’s time to come back 😂🍾
I’m looking to sell out of some of my dogs like, WR1. Take profits out of LRS and maybe CXO and I’m looking for a high risk, huge loss/reward play. I’ve been looking into the following, keen to hear any thoughts on them: LPM - lithium, currently drilling LPI- seems undervalued lithium compared to peers KZR - Pilbara lithium play MMG - assays due end of September OLY lithium and gold in WA. SGA - Kazakhstan graphite CRR Anyone like/hold/vehemently dislike any shares from this list?
there’s other new lithiums - go through smallcaps/stock head and dyor there . OCN is one.
TBH none of them are really on my radar yet.
MAY is only about a week away from hitting the largest strike of oil ever in Cuba. Or not.
IVZ is literally the highest risk/reward on this sub right now
Haha why the fuck would you take it out of LRS? Didn’t you read the last few months worth of releases?
Because everyone says the management are dodgy and they live off announcement and capital raises. Why are you so bullish? Was going to lock in some profits
Why no IVZ it’s weeks / days away from some big news. I think it fits your criteria of huge loss/reward.
Kalamazoo sounds more like a Harry Potter spell than a resource company. Buy.
Checkmate AusFinance VDHG investors (-8.68% 1yr return), I'm getting [3.50% interest on my bank account](https://www.savings.com.au/news/boq-savings-increase-august)
Inc dividends? IF the PROs managing these funds cant make a buck maybe WE plebs dont need to feel so bad?
-8%?! ouch. Better off gambling a 50/50 speccy 😂
I thought you were banking with GL1. Sweet interest rate for the year, not liking that new curve this week though. [going….down?](https://i.imgur.com/gAA3bRg.jpg)
Age unmasked.
You really think I would be one of the "how do you do fellow kids"???
I think that WowVeryJosh is 27, light brown hair, round glasses, always looks like a person who is angry about something but trying to conceal it. Dresses warmer than the weather in expensive casual clothing, drives a Subaru XV, no pets. Owns a puffer jacket. Is surprisingly tall and is frequently pursued by others seeking to hook up. Has a fondness for glass furniture and energy drinks and expensive deli cheeses. Nearly joined a band, nearly became an actuary, changed his mind at the last minute on both counts. Walks really fast even indoors. Persists in wearing baseball caps but they don't suit. A competent snowboarder. Secretly enjoys newspaper puzzles. Once strangled a possum. Once dangled off a balcony.
Not my proudest wank.
Shouldn't it be? I mean, the pride comes from achieving something difficult, and hard for the Everyman. I mean, what the achievement in wanking to, say, Angelina Jolie? So, wouldn't this be, in fact your proudest wank?
This is the level of mental ju jitsu that creates an elite autist
>"hard for the Everyman" Jake Peralta: "title of your sex tape".
Which one?
The VHS one
Waitaminute...
Let me see how you hold a skateboard before I answer...
Things the market has taught me so far in 2022: * If you start trading in one of the biggest bull markets in history, you will be mentally unprepared for how bad things can get * If you invest in the story, you will get smoked * A portfolio of small caps will get toasted as soon as the supply of capital dries up, no matter how golden their potential seems
Can you send that to me back in first half of 2021? Cheers
Check, tick and yep... Fuck
Im in this post and I don't like it
I feel personally attacked. I thought this was a safe space.
Bought a new piano today.
I have a $7k piano siting in the basement doing FA. Still significantly less money than what I've lost on the stock market, so far.
Now you're not the only one played at your house
Sing us a song
You’re the piano man
Sing us a song tonight
Well, we're all in a mood for a speccie
And you got us feeling alright
It’s ten o’clock on a trading day
Tom and the crowds shuffle in
Also like pianos
What kind?
Kawai NV5s
Very nice.
Proof or ban. (Fellow muso just wants to hear you shred it..).
Haha got a pic if you want..
Finally some truth https://www.youtube.com/watch?v=ZyRdKVIGUoY That's why I dislike Ray Dalio, pumped up China stocks and investing over and over and then sold out his entire position. Billionaires only want one thing, more money especially if it's yours.
Notwithstanding my disapproval of Dalio for being a massive China shill, I do have a level of respect for the exit pump. Takes some commitment to put out a 500+ page book for the cause instead of some Reddit shitposts. Although if I had 9 or 10 figures on the line and a team of researchers doing the work for me I could probably find the motivation for writing a book.
To be fair, it's the ability to quickly and decisively change your mind when reality fails to comply with your thesis that makes a brilliant investor. It is what made Dalio a billionaire in the first place. I think he genuinely believed (and probably still does) that China will continue to grow and then surpass the US as the world's largest economy. Despite that, he has a duty to his shareholders to protect their wealth. No matter what he believes, if the economic indicators are suggesting a decline for whatever reason, he would have to act defensively.
Rather ironic this guy works at the Michael Milken Institute. Agreed that Dalio's brain turns to mush when he talks about China.
Im 200m short of happy. Drill the hole MAY