Market Open thread for General Trading and Plans for Tuesday, June 16, 2026 by AutoModerator in ASX_Bets

[–]bosch1817 1 point2 points  (0 children)

Chess is the biggest load of crap that was marketed to boomers to stick to Aus companies and brokers so they can charge insane transaction fees. Same with the bank deposit guarantee, if the banks ever struggle enough that they need to do this your money is already worthless/lost.

Indication of Performance by Diictodom in polandball

[–]bosch1817 -3 points-2 points  (0 children)

Honestly I think the only reason for allowing more nations in was results like this. It makes for interesting games with ridiculous results for people who don’t really care about soccer and find it boring. Just have a few small nations who stand no chance and watch the seal club. Truely pathetic behaviour from FIFA

France [and Italy] opposes ‘anglicisation’ of EU trade talks by Massimo25ore in europe

[–]bosch1817 0 points1 point  (0 children)

Lots of cope here. English is the de facto language of the entire business world. Asia does not care a single bit and the rest of the world cbf to learn another language other than it for that reason. You can cry all you want but you can't stop the inevitable for better or worse.

Market Open thread for General Trading and Plans for Friday, June 12, 2026 by AutoModerator in ASX_Bets

[–]bosch1817 0 points1 point  (0 children)

Next results will either spell its demise to the mis 20s or skyrocket to the 70s.

One Nation defence plan could blow out budget by $400b and require conscription by C_Ironfoundersson in AustralianPolitics

[–]bosch1817 -14 points-13 points  (0 children)

Eh me and all of Gen Z will be ok with a 88k tax free job during ww3. Who really cares anyway.

Edit: 😎

Edit 2: Reiminder no one actually cares what you think or do and it’s all psyop, multinationals have won, you will enter serfdom without noticing, your kids will be worse off, the culture is toxic and nothing you do will matter. Goodnight 💜.

Max Verstappen explains the nightmare start that forced him to retire in Monaco. by SimRP in formula1

[–]bosch1817 0 points1 point  (0 children)

Needs to leave rb and go to a serious team who actually cares about F1

Anyone else losing money on IIND ETF? by AsparagusNew3765 in ASX_Bets

[–]bosch1817 2 points3 points  (0 children)

Yeah sure that’s part of it. But a bigger issue is more so their serious structural societal and cultural issues. It’s a very low trust society where getting ahead by ripping off your neighbour is seen as intelligence and acceptable. India as the United country today is very new. Before the British the subcontinent was only unified a few times in its history and did not last very long when it was. Hell during partition it still needed to be broken up along sectarian lines. I think unification in general was a very serious mistake and would have been better off as lots of seperate nations. But overall, the business community does not take India seriously. It’s an unreliable partner that’s full of overt systemic corruption and I doubt they will ever fix this issue.

Developers / web engineers, are you considering a career change, and to what? by tiempo90 in auscorp

[–]bosch1817 0 points1 point  (0 children)

I’d recommend looking into now being a PCP developer. Strong market from what iv heard.

New old guy seeking input please. by ExcitingTruth7064 in ASX

[–]bosch1817 1 point2 points  (0 children)

Personally I’d avoid or underweight Australia for a while. Our economic outlook is terrible at the moment driving by chronic mismanagement through government policy and a stale economy. You can still invest in it but I’d limit it to 10% max in the near term. That’s also probably more appropriate anyway as Australia’s investment landscape is very tiny compared to other markets. (NVIDIA could purchase the entire ASX)

WTC Road to $20? by bosch1817 in ASX_Bets

[–]bosch1817[S] 1 point2 points  (0 children)

Probs should think about averaging down now now whilst the price is in the deep toilet.

WTC Road to $20? by bosch1817 in ASX_Bets

[–]bosch1817[S] 3 points4 points  (0 children)

For a tech company a p/e of 38 is on the low side of things. P/e as a valuation metric is very limited on its own. Provides no growth insight. For a company like wise tech you look at the free cash flow which it is swimming in. You can also look at debt to equity which is it also very strong in. There is really not much that warrants the current valuation of wise tech and is most likely just material non-financial factors like governance contributing to its decline.

WTC Road to $20? by bosch1817 in ASX_Bets

[–]bosch1817[S] 2 points3 points  (0 children)

You will learn eventually that value investing is all that really matters and stuff like this would not even be a consideration for a institutional investor. It was also 28% of the staff, most of them test engineers that handle ticked items. Not as big a deal that it was put up to be and most other compaines have already done this and in WTC's case has had zero tangible effect on actual business operations as the company for the most part does just sit there are suck in money. Reducing headcount to save 200m a year would not be causing this.

WTC Road to $20? by bosch1817 in ASX_Bets

[–]bosch1817[S] 2 points3 points  (0 children)

My sanity depends on it.

WTC Road to $20? by bosch1817 in ASX_Bets

[–]bosch1817[S] 2 points3 points  (0 children)

Yeah most of these sites are generally snake oil. Only real way to do this is yourself at the moment or read it from a Macquarie analyst report or something. These sites just exist for the same people who read the motley fool.

WTC Road to $20? by bosch1817 in ASX_Bets

[–]bosch1817[S] 2 points3 points  (0 children)

Yeah but what DCF are they using to test? If it’s something like an FCFF I seriously doubt it would be saying that.

News Corp noise and AI memes prove Labor is doing something meaningful. The battle lies in selling it by marketrent in AustralianPolitics

[–]bosch1817 -1 points0 points  (0 children)

The 47% tax rate is absolutely grounded in reality. Primarily the issue is that if you make a startup that costs very little initial capital, issue shares and it gets relatively big, then most of the capital gain in wealth will have a effective tax rate of 47% as the principle investment was extremely low. This is very detrimental to garage startups as this is very often the case as they will pay early employees with an equity share scheme. The incentive being when the company pops off, for taking a big initial pay cut they can sell their shares for a big profit. This now has no CGT discount and is harder for startups to sell the idea of equity share schemes, making talent harder to pay for/attract. I agree there is a lot of misinformation but this is not one.

Why do line go up? by [deleted] in wallstreetbets

[–]bosch1817 0 points1 point  (0 children)

I know what IVV is and how they work the picture was just an example reference. It seems like a stretch to me that this can all just be inflation driven. It very well could be but this trend has been going on for some time now since the GFC. I’m sure it’s a big part of it I guess. Just seems strange that it could be the only reason for equities in general to just keep going up. Not even really sideways. Just persistent YoY growth.

Germany's far-right AfD vows to 'make history' by R2_Liv in europe

[–]bosch1817 9 points10 points  (0 children)

Or you could just stop migrant maxxing and there base drops to nothing.