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Big Financial News coming out tomorrow

Is Moffo a turd muncher?


  • Total voters
    31

Moffo

Referee
Messages
23,986
Jimbo said:
Sure Moff, I'll be here on the edge of my seat

In the meantime, perhaps you might want to answer some of those other uncomfortable questions I asked you?

hi jimbo,

please answer my questions from that thread first
 

millersnose

Post Whore
Messages
65,223
ohhh

big sekwet news from the racist

and i am sure moffo wont claim "this was it..i knew all along' at the next financial event
 

Moffo

Referee
Messages
23,986
millersnose said:
ohhh

big sekwet news from the racist

and i am sure moffo wont claim "this was it..i knew all along' at the next financial event

avoiding my question in the other thread are you millers?

hehe you're a funny one

btw, take a

chill%20pill.gif


your constant use of the word racist worries me. if this doesn't work, consult your doctor
 

legend

Coach
Messages
15,150
Moffo, sorry to say mate but your credibility has hit an all time low.

Six days on and still nothing. I'm guessing the CBA is going to announce a record profit or something similar? It is reporting season for most of the blue chips so there will be plenty of financial news you can lay claim to over the next couple of weeks. Hardly a bombshell.

BTW, nice sig and avatar but I still don't believe you...
 

Moffo

Referee
Messages
23,986
legend said:
Moffo, sorry to say mate but your credibility has hit an all time low.

Six days on and still nothing. I'm guessing the CBA is going to announce a record profit or something similar? It is reporting season for most of the blue chips so there will be plenty of financial news you can lay claim to over the next couple of weeks. Hardly a bombshell.

BTW, nice sig and avatar but I still don't believe you...

leg, does not bother myself whether you believe me.

in regards to your last point, please don't make a fool of yourself. I'm sure you are better than that
 

Jimbo

Immortal
Messages
40,107
Moffo said:
hi jimbo

yes i did

Kind Regards

Yes, you did run away and hide like a coward

If you have any questions for me, feel free to ask them

It would be good form if you were to have a crack at my questions sometime though
 

millersnose

Post Whore
Messages
65,223
hey moffo

try some bigger "i am not a racist" banners and avatars

people might beleive you then.....
 

Moffo

Referee
Messages
23,986
millersnose said:
hey moffo

try some bigger "i am not a racist" banners and avatars

people might beleive you then.....

hi millers

'beleive' is actually spelt B-E-L-I-E-V-E

Believe

Believe
 

Moffo

Referee
Messages
23,986
Jimbo said:
Yes, you did run away and hide like a coward

If you have any questions for me, feel free to ask them

It would be good form if you were to have a crack at my questions sometime though

so when people get their super out, do you think there is a chance that they will invest it in investment properties and in doing so, inflate property prices?
 

Jimbo

Immortal
Messages
40,107
Moffo said:
so when people get their super out, do you think there is a chance that they will invest it in investment properties and in doing so, inflate property prices?

It's possible, though unlikely

Even if they wanted to pay the associated taxes and put the vast majority of their nestegg in the one basket, it's a very risky strategy considering it's your life savings...

This has nothing at all to do with your original postulate though

You said that the reisdential property market was being propped up by the billions going into super on a weekly basis

You were quite wrong, as Kurt, Legend and I explained in some detail

What would you like to discuss next, economic policy or why you think the Corporations Act isn't important?
 

Moffo

Referee
Messages
23,986
Jimbo said:
It's possible, though unlikely

Even if they wanted to pay the associated taxes and put the vast majority of their nestegg in the one basket, it's a very risky strategy considering it's your life savings...

This has nothing at all to do with your original postulate though

You said that the reisdential property market was being propped up by the billions going into super on a weekly basis

You were quite wrong, as Kurt, Legend and I explained in some detail

What would you like to discuss next, economic policy or why you think the Corporations Act isn't important?

why is risky though? property rarely, if ever, goes down in the med-long term.

in part it is propped up by super. I stand by that comment. Probably not as much as i thought, so i do appreciate your input into that thread

What other questions did you have?
 

Jimbo

Immortal
Messages
40,107
Moffo said:
why is risky though? property rarely, if ever, goes down in the med-long term.

Tell that to someone who bought an inner-city apartment five years ago

Residential property is by far the riskiest sector, mostly due to risks associated with residential tenants (mostly vacancy rates and damage). This is why you couldn't buy an inner-city unit a few years ago with less than a 40% deposit

For someone who rates himself as something of an expert in financial matters, you really should know this basic stuff

in part it is propped up by super. I stand by that comment. Probably not as much as i thought, so i do appreciate your input into that thread

The 'part' is negligible

We're talking a fraction of one percent

What other questions did you have?

You've forgotten your threads about Macquarie Bank and interst rates?

How convenient...
 

Kurt Angle

First Grade
Messages
9,723
Moffo said:
why is risky though? property rarely, if ever, goes down in the med-long term.

??? You need to be explained this ???

Without even factoring in unknown price fluctuations, we can discount asset classification categories.

It's risky in terms of lack of diversification. You can't honestly work with numbers and need to be explained this....

in part it is propped up by super. I stand by that comment. Probably not as much as i thought, so i do appreciate your input into that thread.

10% is the total of all property in super investment..and most of that is non-residential.

Property doesn't prop up superannuation, let alone residential property.
 

Moffo

Referee
Messages
23,986
Kurt Angle said:
??? You need to be explained this ???

Without even factoring in unknown price fluctuations, we can discount asset classification categories.

It's risky in terms of lack of diversification. You can't honestly work with numbers and need to be explained this....



10% is the total of all property in super investment..and most of that is non-residential.

Property doesn't prop up superannuation, let alone residential property.

hi kurt,

please show me the average property price in 1930,1940,1950,1960,1970,1980,1990,2000 - compare it against inflation and tell me that it is a bad investment

Your smug attitude is funny, particularly given that you are wrong.

jimbo, do you class 5yrs as med-long term? for houses i don't. try again, here let me jog your brain

punchingcat.gif
 

Kurt Angle

First Grade
Messages
9,723
Moffo said:
hi kurt,

please show me the average property price in 1930,1940,1950,1960,1970,1980,1990,2000 - compare it against inflation and tell me that it is a bad investment

Your smug attitude is funny, particularly given that you are wrong.

That's not the definition of risk.

Risk has two components, systematic risk and unsystematic risk, risk is not defined by compounded return...

yet I'm wrong ????
 
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