Non Footy Chat Thread II

[Gronk]

So you’re telling me there might be some bargains to be had?

They are some cheapie stocks right now that are far under valued. Consumer staples and healthcare for example. ASX has bounced today - and why shouldn't it ? When this tsunami recedes, the fundamentals of these companies are still there. The recovery after covid19 is all about the government being successful in promoting business as usual consumer confidence. They need to do whatever they can for small business to keep staff on and not face a surge in unemployment. It's consumer confidence that will allows us to claw our way out of this quickly. If managed correctly, we could be sitting here at Xmas with most things back to normal back to normal.

There are plenty of stocks on the rise today and in quite large volumes.

https://hotcopper.com.au/asx/adr/

 

[84 Baby]

They are some cheapie stocks right now that are far under valued. Consumer staples and healthcare for example. ASX has bounced today - and why shouldn't it ? When this tsunami recedes, the fundamentals of these companies are still there. The recovery after covid19 is all about the government being successful in promoting business as usual consumer confidence. They need to do whatever they can for small business to keep staff on and not face a surge in unemployment. It's consumer confidence that will allows us to claw our way out of this quickly. If managed correctly, we could be sitting here at Xmas with most things back to normal back to normal.

There are plenty of stocks on the rise today and in quite large volumes.

https://hotcopper.com.au/asx/adr/

Yeah I’m grabbing stocks. The big problem is a lot of companies are irretrievably losing income (mostly service based companies e.g. Qantas) because they simply can’t operate for a period of time. That value won’t necessarily bounce back straight away. Or other companies are rising now because of current demand (panic bought products) and that value isn’t likely to be sustained. Some dropped value blue chippers probably best course. Plus I have one speculatory target for a particular industry

 

[hindy111]

As a self employed merkin, how are you planning for your future ?

I only started to take planning for retirement seriously when I hit 40 and regret that I did not do so earlier.

Merkins who have a salary job are in a far better position as they not only contribute themselves to an industry super fund but also receive an employer contribution.

Ha f**k I have no super. Well maybe 25k. I worked forself since 23. Never contributed.

 

[Gronk]

Ha f**k I have no super. Well maybe 25k. I worked forself since 23. Never contributed.

Time to start merkin. There won't be a pension by the time you are ready to retire.

 

[84 Baby]

Time to start merkin. There won't be a pension by the time you are ready to retire.

Sure there will be. Just won’t have access to it until your 85.

 

[Eelogical]

Ha f**k I have no super. Well maybe 25k. I worked forself since 23. Never contributed.

You could move to Queensland.

 

[hindy111]

Time to start merkin. There won't be a pension by the time you are ready to retire.

I have a plan. It's fine. I am quite inteligent life skill wise and business wise.
I will rise to the top.

 

[Gary Gutful]

 

[parra pete]

You disgust me

Get the spelling right...It is "You DISCUSSED me"

 

[eels81236]

Laying people off sucks balls.

 

[hindy111]

Laying people off sucks balls.

Especially if they work hard and do the right thing.

 

[Gary Gutful]

Who would win a mascot battle?

 

[strider]

Who would win a mascot battle?

Mascot Muthaf**ker Power Rankings

Broncos
Dogs
Warriors
Storm
Eels
Knights
Titans
Dragons
Tigers
Sharks
Panthers
Cowboys
Cowboys
Roosters
Sea Eagles
Bunnies

 

[Gary Gutful]

If a dragon can breathe fire thats got to be an advantage.

 

[I'm a loser baby...]

Sea Eagles. It's plane to see.

 

[Noise]

The Storm dude looks like he'd be able to handle himself in a violent orgy with a few gimps.

 

[Gary Gutful]

I think we can all agree that the Bunny is pissweak.

 

[Gary Gutful]

Sparky is on the only one giving a thumbs up. I like his quiet confidence.

 

[Poupou Escobar]

The Warriors dude could hide his pain and fear best since his big face doesn't move. That has to be an advantage.

 

[Bazal]

A dragon wins hands down.

Eels are underrated. No one likes having Eels up inside ya