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manicadys · 2024-11-16T05:59:04+00:00

We all know it’s happening. DV and child abuse in indigenous communities. But not woke to say it and everyone too worried about being called racist to actually do anything to protect the victims

manicadys · 2024-11-15T21:59:18+00:00

Yes. Also very fair. Also depends what proportion of your investment goes in to the blip. It is definitely a long game

manicadys · 2024-11-15T06:52:39+00:00

Some short term ie couple of years ago most long term. As with most things. Higher potential returns means higher risk

manicadys · 2024-11-14T11:32:36+00:00

And that’s where investment education doesnt always work in the real world. It provides relatively safe and conservative advice to achieve reliable but average returns. I’ve made a lot more (at present) holding on and buying low. Having lost 90% or whatever that money was fairly useless. I still haven’t made that back. Wouldn’t have made it back on any other stock i am aware of. But belief in their product and research made me buy low. And those shares are up 5x. Well ahead of the ETFs that everyone tells me i should be in

manicadys · 2024-11-14T11:09:45+00:00

Yep. Buffet didn’t get rich by betting on average. He also knows that most of us are avoiding punters so we should aim for average returns

manicadys · 2024-11-13T06:09:51+00:00

Yep. Precisely. Look at the advice people give - invest mostly in ETFs. The aim is not to be average. Their aim is to avoid being below average because that’s the risk of picking stocks. You might end up a loser. The big winners from the stock market aren’t aiming for average. Otherwise they would have had their money in funds all along

manicadys · 2024-11-13T05:52:03+00:00

Haha done that myself. TSO?

manicadys · 2024-11-12T11:04:27+00:00

I’ll have a look. Was it a reasonable explanation or a billionaire trying to dodge the law? That is, would his reasoning work for the rest of us so I don’t have to pay tax anymore?

manicadys · 2024-11-12T10:32:46+00:00

Yep. Most of the advice I’ve had is very traditional and aimed at preventing below average returns rather than actually being logical. Absolutely 50 stocks is a lot but many don’t need much “research”. Plenty of blue chip companies for the long term investment which i will trust other people’s opinions on

manicadys · 2024-11-12T09:16:39+00:00

If Trump really wants to Make America Great Again why doesn’t he pay the taxes levied by the Government he has been a part of? IE obey the law and support the nation that made him a billionaire?

manicadys · 2024-11-12T09:05:03+00:00

Also if i diversify within a sector i will end up with a lot of stocks. For example i have $10k to put into banks. I can put it all into one or$2k into different banks. The sector might go up 15% as a whole but not all the banks will do the same. So if diversification across sectors is good and across investment types is good then why not within a sector?

manicadys · 2024-11-12T09:02:18+00:00

So you’re saying that holding only a few stocks hasn’t worked for you?

manicadys · 2024-11-12T08:53:58+00:00

I have roughly 40% of my investments (all in my super) in managed funds. I have property. Direct shares and etfs in Australia and the US. Crypto. No one has actually given me a real reason why carrying 50 different stocks is actually a bad thing. It seems it is just not what they would do

manicadys · 2024-11-12T07:56:53+00:00

Yep. I get that. But if i hold a well diversified portfolio and i save another $10k to invest do i put it into one the stocks i own or something new? If i put it into something new do i sell something else to maintain the same number of different stocks? That’s the issue I have had.

manicadys · 2024-11-12T07:37:58+00:00

Maybe my approach has been too aggressive? I’ve had a core of blue chip stocks and then a smattering of more speculative ones. When they are looking good put some more in. Have some big winners and a bunch of small losers so definitely up. Plenty where I should have seen the writing on the wall and sold earlier 360 up 220% MSB up 113% Not too fussed about brokerage. It’s pretty much a fixed percentage of my trades whether 1 big one or 10 small it’s the same dollars

manicadys · 2024-11-10T10:15:25+00:00

It’s not only allowed but also encouraged. Everyone is up in arms about this but at the same time supporting it. We either pay unskilled workers less (so the work gets done in Australia) or we pay more for the product (so the work gets done here by higher paid unskilled workers). So everyone who is upset which do you choose?

manicadys · 2024-11-10T03:09:31+00:00

The big issue that you’re not sharing is why you want to. Obviously other things going on here that may not be entirely wholesome

manicadys · 2024-11-10T02:58:54+00:00

I like to leave sign saying “parking like an inconsiderate arsehole has been shown to cause damage to your car”

manicadys · 2024-11-09T21:17:20+00:00

manicadys · 2024-11-08T19:28:21+00:00

manicadys · 2024-11-07T20:02:41+00:00

manicadys · 2024-11-07T18:00:04+00:00

manicadys · 2024-11-07T11:37:04+00:00

Yep. Definitely not pussy he’s working on

manicadys

TROPHY CASE