Originally posted by westan:
Hi guys

Wayne i’m with you on that one, but more importantly as you say “have your affairs arranged accordingly”. I used to have a friend who said “you have to back your judgement”. While i partly agreed i’m not smart enough to get it right all the time. So i’d go with my judgement but build in as much “insurance”…[Read more]

I predict one of three scenarios, one of which I am certain will come true:

1/ Interest rates rise
2/ Interest rates fall
3/ Interest rates stay roughly the same

and I have my affairs arranged accordingly.

Joking aside, my *guess* is that the US economy will fizzle and no big interest rate rises.

http://www.tradingforaliving.info

$Trillion debt stirs rate fears:

http://www.thewest.com.au/20040731/news/general/tw-news-general-home-sto128961.html

http://www.tradingforaliving.info

Originally posted by westan:
Hi acey

you’ve misunderstood, there is plenty to be made in stocks, but remember 90% the promises you here in those stock trading causes is hot air. You just have to have realistic expectations, sure learn all you can and use the market to make a dollar but there are plenty of experienced investors who get burnt all…[Read more]

Personal debt in the UK:

http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2004/07/29/udebt.xml&sSheet=/portal/2004/07/29/ixportaltop.html

http://www.tradingforaliving.info

Originally posted by Aceyducey:
Oil may be at $43, but in real terms is only around 50% of the level during oil price shock times.

Lots of blue sky there still.

Yeah agree! Just a bit of sensationalist reporting

Stay a bear Wayne, we need people like you to buy from.

Sorry mate, I’m not a seller. Future buyer though.

Cheers

http://www.tradingfor…[Read more]

Originally posted by yack:
Well I can only go on my experience.

Back in 1997 my wife and I only had $10k. Now we have equity worth over $500k. And over $100k in redraw facilities – access by netbank.

I find it hard to believe anyone could have started in 1997 with $10k and have over $500k in shares now.

You should get out more yack. There…[Read more]

Check this out!

http://tradingforaliving.netfirms.com/household_debt.htm

It’s a chart of consumer debt as a % of GDP since 1964.

I’m still a bear!

http://www.tradingforaliving.info

Originally posted by kay henry:
Inflation’s up .5% in this last quarter, due mostly to oil price increases *gasp*.

kay henry

Oil tops $43 for the first time ever
http://cbs.marketwatch.com/news/story.asp?guid=%7B5825C39B%2D1CA2%2D4684%2DA2C1%2DCA253B0C50CA%7D&siteid=mktw

http://www.tradingforaliving.info

>>I think my freedom was impinged just reading that!<<

Why do you use an insult if my opinion differs from yours? Why not just state your opinion as you did underneath that comment and let us consider the merits of each others opinion?

>>…force people to take an interest<<

Interesting concept! Or what? throw them in the slammer? Oops thats…[Read more]

Originally posted by Aceyducey:
The USa is a great democracy?

I suppose it is if you’re a Judge & so get to decide who will be President

Europe has a long history of totalitarianism as well as democracy…..Hitler was voted into power through democratic means.

Cheers,

Aceyducey

Re USA: That particular debate is a can of worms so not going…[Read more]

Originally posted by Aceyducey:
Originally posted by wayneL:
>>but, in my opinion, once you decide to stand on the sideline, you give up all right to criticise<<

Hah!!! I would like to see anyone try to take this right from me, whether I choose to vote or not!![rambo2]

Wayne,

Enough people think as you do, it allows the radical groups to get…[Read more]

>>but, in my opinion, once you decide to stand on the sideline, you give up all right to criticise<<

Hah!!! I would like to see anyone try to take this right from me, whether I choose to vote or not!![rambo2]

http://www.tradingforaliving.info

Onya Aussie,

I was wondering how to re-enter this discussion and intellegently convey de Bottons message. But you are doing so exceedingly well.

I enjoyed the book very much and have been groping around this subject for a number of years without being able to crystallize it as de Botton has.

Cheers

http://www.tradingforaliving.info

great post Paul.

Some great thoughts on this thread.

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I thought it looked more like latin

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That would mean it is probably time to go out and start looking at houses.

http://www.tradingforaliving.info

Originally posted by kay henry:
There ya go Derek- fixed :o)

kay henry

Hmmmmm….the whole thread seems to have been “revised” Ahahahaha.

Great links Kay, thanks!!

http://www.tradingforaliving.info

When they start using “condominium” it will be really confusing….whatever that is :x

http://www.tradingforaliving.info

Great post Acey!

http://www.tradingforaliving.info