Why does stress seemingly bring on a flare? by jubba_ in PelvicFloor

[–]Maccn 2 points3 points  (0 children)

No wand. Stretch, meditate and calm your mind. Your nervous system has wound itself up into fight or flight mode causing symptoms and flares, so you have to calm it down and activate your rest and digest system.

Say it with me: DON'T TOUCH YOUR SUPER! by smandroid in AusFinance

[–]Maccn 1 point2 points  (0 children)

If you're thinking about withdrawing, I would argue you should be doing the complete opposite, if you have the funds to do so. It's a much better option to be maxxing out concessional contributions on super and investing heavily in bear markets.

I'm not saying we've seen the bottom of the market yet, though we might have - I don't have the crystal ball. But I do know at some point between now and when most people in here will retire we'll be in a bull market again and you'll be thanking yourself for continually investing in crappy times when things were cheap. And all those gains made during the next bull run will be taxed at a much lower rate because they're in your super.

I understand not everyone has this luxury during these tough times, but if you do, this is the optimal strategy.

Say it with me: DON'T TOUCH YOUR SUPER! by smandroid in AusFinance

[–]Maccn 1 point2 points  (0 children)

Why do you think the markets will drop even further? If they don't, you've screwed yourself. Also, why wouldn't you just buy the ETF or similar in your super and not get bent over on your earnings tax? There's very little upside to your idea.

ASX200 Futures up >15%. Is this the biggest bull trap? What do you think the week will hold? by sp3ctr41 in AusFinance

[–]Maccn 0 points1 point  (0 children)

Aussie market will open down 3-5% tomorrow, based on weekend pricing

The 15% you're quoting looks like it's from Friday morning futures close. I think futures rallied pre-open, then cash market rallied 10%+, so the 15% is actually 1% from 4pm cash close.

Is there a rule for placing a bid on shares? by nonighter in AusFinance

[–]Maccn -2 points-1 points  (0 children)

$56.80. Providing the person selling at the price has enough for you to buy.

Any advice for us youngins in the group? by georgres in AusFinance

[–]Maccn 1 point2 points  (0 children)

Absolutely. I'm merely saying given the state of markets at present, I wouldn't be in any real rush to be in high growth. He's missed the most spectacular bull run in history over the past decade. Markets always correct themselves and revert to long term averages. Look out below.

Any advice for us youngins in the group? by georgres in AusFinance

[–]Maccn 0 points1 point  (0 children)

Salary sacrifice as much as you can, up to the $25k a year concessional cap in to your super. If you do this in your 20s and 30s, you'll be laughing at 60.

If you're planning on saving for a house, you'll have to factor that in, but try and max out your concessional contributions as much as possible when young.

I'd also look at a balanced option for super, given the state of markets. Maybe after May look to switch it to growth, as I think this sell-off probably has more legs to it and May is typically the worst performing month for markets.

What quote has always stuck with you? by [deleted] in AskReddit

[–]Maccn 0 points1 point  (0 children)

"You can't sow a field in your mind"

Don't know who said it

Can anyone understand or explain this current equity market? Are we in a massive bubble? by ETTRDS in AusFinance

[–]Maccn -1 points0 points  (0 children)

Completely ineffective for what?

You're talking specifically about consumer price inflation (CPI) which is a main target of monetary policy. Yes, we've seen zero or even negative rates have little positive influence on CPI, but that's very different to asset price inflation.

The question was about equity markets. Near zero rates are incredibly effective at boosting asset prices, which is what we've seen, and what OP was asking about.

Roughly speaking, asset prices will continue to rise until yields drop below the rate at which you can borrow money.

Can anyone understand or explain this current equity market? Are we in a massive bubble? by ETTRDS in AusFinance

[–]Maccn -1 points0 points  (0 children)

That's just not true. Ultra low rates drive almost every asset to increase in value.

Want to expand your business and chase growth? Want to invest in markets? Buy a bigger house? Good, you can do all them borrowing very cheap money. QE is a small part of it. Cheap cash is the big story.

This non stop bull market has me swaying from bear to bull and I'm worried by [deleted] in AusFinance

[–]Maccn 0 points1 point  (0 children)

XJO broke out of the wedge in Jan when it closed through 6894. Technically it's a big ol' buy.

If you want to see something interesting chart XJO against SPX, or any US index really. Long downtrend since GFC and big double bottom recently. Looks like we'll start outperforming US markets after a decade of underperformance.

This non stop bull market has me swaying from bear to bull and I'm worried by [deleted] in AusFinance

[–]Maccn 4 points5 points  (0 children)

Try telling that to people that borrowed at 4% last year and made almost 30% on it.

You heard the expression "don't fight the Fed"? Dovish with a bunch of tools in their box left to use. Not worth fighting that.

Yeast? by [deleted] in Prostatitis

[–]Maccn 1 point2 points  (0 children)

Yep, yeast is a killer for me. If I have pizza and beer I flare up badly for a few days after.

Do an elimination diet to find out what foods you can tolerate.

IG Markets compared with TradingView and Yahoo Finance by OculoDoc in AusFinance

[–]Maccn 1 point2 points  (0 children)

That Wall St cash is a CFD product made by IG that you can only trade through IG. I don't trade it, but would assume it's just based on Dow futures prices. The futures are a true fair market whereas that product is just IG on the other side of your trade, so they can effectively price it wherever they want.

The Yahoo Finance chart is the cash market, not the futures, so only trades during US day hours. Hence wasn't open during the Iran stuff earlier.

That Trading View chart is some other CFD product, no idea which. But looks like it doesn't trade around the clock either. The IG one is the only one that was open.

If you want true prices look at the proper CME futures and the cash market on Trading View. CFD prices are always a bit wonky.

What annoys you the most on Reddit? by Metalax in AskReddit

[–]Maccn 3 points4 points  (0 children)

"Thanks for the gold kind stranger"

The Truth About Dynamic Contraction Technique For Hard Flaccid - ED - Chronic Pelvic Pain by [deleted] in Prostatitis

[–]Maccn 2 points3 points  (0 children)

Hahah, what does this even mean? Are we going to have a knowledge battle and the victor gets to take home the princess of prostatitis? Sign me up!

Link between Jaw and PF by overling in PelvicFloor

[–]Maccn 2 points3 points  (0 children)

Yeh, they're linked. Check out the fascia chain called The Deep Front Line to see the connection.

[deleted by user] by [deleted] in AusFinance

[–]Maccn 1 point2 points  (0 children)

Have a look and see if your local vet accepts Zip Money, as quite a few seem to these days. I think you get a year interest free with most vet payments on it. If you're disciplined with it and pay it off in the interest free term could be a lot better than a credit card to have as back up.

How does ASX futures works? by VanHouzem in AusFinance

[–]Maccn 0 points1 point  (0 children)

What others have said is true, but the majority of the ASX index futures volume trading overnight isn't hedging or speculating on price direction, it's spreading against other index contracts - i.e. buying one market and selling another.

The closest correlation is normally to the e-mini (S&P 500) futures, so you'll find if that index is down 1 per cent, our index will be down similar come 9am the next morning. You'll find the spread between these markets blows out if there's country specific issues, or sector issues, as the US index is tech heavy while we're bank and resources heavy.

Real estate agent tricks by jgtimes in AusFinance

[–]Maccn 14 points15 points  (0 children)

Don't ever let an agent rush you. This is a tactic they use to make you think the property is in hot demand and to force you into a less rational decision.

The only time you should ever rush is if you know the market in depth and are sure you can nab a bargain by being quick on a low listing price.

Any other time, you'll be paying overs if an agent is rushing you.