I heard a rumour today...

[Suitman]

***Makes note to steal fishy's Mac to use as a chopping board***

But if we sell it Colonel we might end up with another 5 bucks.

Suity

 

[bartman]

I beg to differ bartman.

New funds should be purchasing equities. The old funds should've been moved out of equities to cash a while back.

In 3 years time, these purchases would appreciate.

The time when you do not want to do that is if you are planning to retire in the next year or so.

But if you still have a while to retirement, investing in shares is what I think made sense.

In 2003 during the SARS period in HK, I invested by pension into shares and by last year it had trippled. I moved half of it out of shares last year but the other half suffered. But I have 20 odd years to retirement

I'm sure what you say makes perfect economic and logical sense YY.

It's that you're talking to someone here who doesn't even know what an "equity" is... :lol:

I've always been the type to be happy with a simple, decent and reliable rate of interest (even if lower than other possibilities). I have no huge financial aspirations, as long as more is always coming in than is going out, then life seems OK to me?

*takes chewed bit of straw out of side of mouth*

 

[Suitman]

*takes chewed bit of straw out of side of mouth and starts playing banjo*

Fixed it for you Bart.

Suity

 

[bartman]

:lol: I'm so slow I can only manage one thing at a time...

 

[junior009]

Da Da Ding Ding Ding Ding Ding...Ding Ding

 

[bartman]

:lol: Classic... I was actually wondering how to type that tune so that anyone could understand it!

 

[junior009]

I've had plenty of practice sledging my Redneck mates!!!

 

[fish eel]

***Makes note to steal fishy's Mac to use as a chopping board***

But if we sell it Colonel we might end up with another 5 bucks.

Suity

Fair go guys its under the bed with my $10.

 

[strider]

* makes note not to bother reading this thread any more * :sarcasm:

 

[bartman]

I think this is the thread where we were discussing the merits or otherwise of our club's strategy over the past five or so years in concentrating on poker machine revenue and pointless efforts to reverse a popular government tax and smoking ban, to the exclusion of the other elements of running and being a club?

Today's paper has another reminder of why that strategy is ill-considered, and not only in an economic sense...

http://www.news.com.au/dailytelegraph/story/0,22049,24719735-5001021,00.html

Mum leaves baby and kids in car to play Parramatta pokies


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November 28, 2008 11:20am

A WOMAN will appear in court next month after her children were allegedly discovered in a car near a Sydney club, where she was playing the poker machines.
The Swedish mother had left the tots - aged just six months, two and four - in the car for TWO HOURS, cops say.
Police revealed details in a statement today:
"At 11.45pm yesterday (Thursday 27 November), police from Parramatta Local Area Command received a call from a concerned member of the public who found the children, aged six months, two and four years, in the unlocked vehicle on Fennell Street.

"Police attended the scene and conducted inquiries.
Do you know the woman? Call us in confidence on 02 9288 3413
Should pokies be banned? Join the debate and vote below right

"About 15 minutes later, the children?s mother returned to her car where she spoke with officers.

"The 37-year-old Swedish national was arrested and taken to Parramatta Police Station where she was subsequently charged with six child neglect offences and granted strict conditional bail to appear in Parramatta Local Court on 3 December 2008.

"Inquiries have revealed the children had allegedly been left in the car for almost two hours while their mother played the pokies inside the club on nearby O?Connell Street.

"The children have been placed in the care of the NSW Department of Community Services."

It's time for those paid to be in and around the club industry pining for the (short-lived) days of the untaxed pokie revenue pot of gold to come up with some approaches, and the club industry as a whole.

 

[Suitman]

The Swedish mother had left the tots - aged just six months, two and four - in the car for TWO HOURS, cops say.

Since when have journalists started referring to the police as cops? :roll:

Suity

 

[The Colonel]

Since when have journalists started referring to the police as cops? :roll:

Suity

Around the same time as gaol became jail.

 

[fish eel]

three kids aged 6 months, 2 and 4?

Thats one fertile swede.....

 

[Suitman]

three kids aged 6 months, 2 and 4?

Thats one fertile swede.....

Down boy.

Suity

 

[sooperdooper]

so it was at our leagues club she was at?

 

[Gronk]

Gambling is a scourge on society. I have no issue with the government getting tough on irresponsible punters. Just don't make the Clubs the fall guys. Hit the gg's and dish lickers as well IMHO.

 

[bartman]

Unless there are any other pokies in O'Connell Street, with parking nearby in Fennell Street, then yes.

 

[MarkInTheStands]

This would not have happened if she had parked in the club car park there are patrols, every few minutes. Security guards run the shuttle to the clubs door, they surely would have seen this.

 

[bartman]

Good point.

But perhaps with the expansion of machines in the past 5 or so years, people are forced to park elsewhere if the car park was full with other patrons? Which might in turn raise a bit of a duty of care issue for our club and the strategy of banking on massive poker machine patronage/success?

 

[MarkInTheStands]

Good point.

But perhaps with the expansion of machines in the past 5 or so years, people are forced to park elsewhere if the car park was full with other patrons? Which might in turn raise a bit of a duty of care issue for our club and the strategy of banking on massive poker machine patronage/success?

Interesting in sitting with members of this forum after the AGM last year on the Balcony at Sterlo's we all commented on how full the car park was for a Sunday in December. It was full of people going to the Tinga Palace.

Having said that I have been to the club several times this year at different times not on game days and it has always been quite easy to get a park.