Forum Replies Created

Viewing 20 posts - 221 through 240 (of 561 total)
1 … 8 9 10 11 12 13 14 15 16 … 29
  • Profile photo of wayneLwayneL
    Member
    @waynel
    Join Date: 2003
    Post Count: 585
    August 2, 2004 - 3:49 pm
    Originally posted by benson:

    Somersoft is by far the best forum for property investors IMHO. The level of expertise on that site far outweighs anything else on offer.

    Cheers,

    Benson.

    Ya just gotta be perpetually bullish on property![suave2]

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
    Member
    @waynel
    Join Date: 2003
    Post Count: 585
    August 2, 2004 - 2:10 pm
    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” as i could incase i was wrong.

    regards westan

    I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database

    something somebody said once (can’t remember who) made sense to me:

    “Professionals hedge-amateurs hope”

    I have had a foot in each camp ever since.

    I am very publicly very bearish, but I’m not about to miss out on a bull run should it eventuate.

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
    Member
    @waynel
    Join Date: 2003
    Post Count: 585
    August 2, 2004 - 9:37 am

    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

    Profile photo of wayneLwayneL
    Member
    @waynel
    Join Date: 2003
    Post Count: 585
    July 31, 2004 - 6:44 pm

    $Trillion debt stirs rate fears:

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

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
    Member
    @waynel
    Join Date: 2003
    Post Count: 585
    July 31, 2004 - 4:51 am
    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 the time. I’ve been around long enough to have meet many of them.

    regards westan

    I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database

    Sadly, this is correct. As much of a sharemarket fanatic I am, it isn’t for probably 90% of people. Most probably the reason is psychological, plus lack of adequate knowledge (which is not supplied by sharetrading courses)

    So Yack is correct really. Property is a better investment for the average Joe.

    The way a trader turns 10k into 500k or more bears no resemblance to what is taught in most trading courses. (Most people who teach trading aren’t traders!!! HAHAHAHA)

    Cheers

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
    Member
    @waynel
    Join Date: 2003
    Post Count: 585
    July 29, 2004 - 4:51 pm

    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

    Profile photo of wayneLwayneL
    Member
    @waynel
    Join Date: 2003
    Post Count: 585
    July 29, 2004 - 2:22 pm
    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.tradingforaliving.info

    Profile photo of wayneLwayneL
    Member
    @waynel
    Join Date: 2003
    Post Count: 585
    July 29, 2004 - 2:07 pm
    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 are many!

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
    Member
    @waynel
    Join Date: 2003
    Post Count: 585
    July 28, 2004 - 4:05 pm

    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

    Profile photo of wayneLwayneL
    Member
    @waynel
    Join Date: 2003
    Post Count: 585
    July 28, 2004 - 3:24 pm
    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

    Profile photo of wayneLwayneL
    Member
    @waynel
    Join Date: 2003
    Post Count: 585
    July 20, 2004 - 2:33 pm

    >>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 what could happen in Australia.

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
    Member
    @waynel
    Join Date: 2003
    Post Count: 585
    July 20, 2004 - 12:36 pm
    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 there. For the record, I too have serious misgivings about the state of democracy in the US. However, it cannot be argued on any level, that is is not still a great democracy.

    The UK is one of the oldest, if not the oldest surviving democracy in the world…voting is not compulsory.

    I’m sure in the USSR, voting was compulsory. Doesn’t matter if not. The point being that a one party state with compulsory voting is no real democracy.

    My point: There is no correlation between compulsory/non compulsory voting and the preservation of personal freedoms… except that in my opinion, forcing me to vote is an impingement of my personal freedom when I do not wish to endorse any of the current ideologies.

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
    Member
    @waynel
    Join Date: 2003
    Post Count: 585
    July 20, 2004 - 5:38 am
    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 into power…..then they go about limiting freedom of expression, etc – and sooner or later you’ll find that your right to criticise becomes a gaolable offence.

    I find that prevention is better than cure….

    Cheers,

    Aceyducey

    But one must remember, Acey, that the in other great democracies, voting is optional (USA, UK, most of Europe etc.) so experience has shown this not to be necessarily true.

    The right to critisize is the right of free speech.

    Mandantory voting smacks more of totalitarianism than a free society, forcing a person to mandate a set of policies that one fundamentally disagrees with.

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
    Member
    @waynel
    Join Date: 2003
    Post Count: 585
    July 19, 2004 - 7:34 pm

    >>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

    Profile photo of wayneLwayneL
    Member
    @waynel
    Join Date: 2003
    Post Count: 585
    July 13, 2004 - 7:01 am

    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

    Profile photo of wayneLwayneL
    Member
    @waynel
    Join Date: 2003
    Post Count: 585
    July 9, 2004 - 10:50 am

    great post Paul.

    Some great thoughts on this thread.

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
    Member
    @waynel
    Join Date: 2003
    Post Count: 585
    July 9, 2004 - 7:38 am

    I thought it looked more like latin

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
    Member
    @waynel
    Join Date: 2003
    Post Count: 585
    July 8, 2004 - 5:28 pm
    Originally posted by Still in School:

    Hi Guys,

    we can always talk about trading, there seems to be some activity on the other forums…

    Cheers,
    sis

    People 4get that by saving just $3 a day & investing it sensibly
    over a working life, you’ll end up with around $1 million

    If you can stand the BS!

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
    Member
    @waynel
    Join Date: 2003
    Post Count: 585
    July 8, 2004 - 2:27 pm

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

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
    Member
    @waynel
    Join Date: 2003
    Post Count: 585
    July 8, 2004 - 11:29 am
    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

Viewing 20 posts - 221 through 240 (of 561 total)
1 … 8 9 10 11 12 13 14 15 16 … 29