Welcome Guest [Log In] [Register]


Reply
  • Pages:
  • 1
  • 7
Ex-Global Head of FX Merril Lynch Quote
Topic Started: 2 Jan 2017, 04:53 PM (3,420 Views)
Trollie
Member Avatar


Simon_S
3 Jan 2017, 02:40 PM
LOL.....the Morons in Crises who don't have liquidity find themselves getting bent over........

An IP is not Liquid...........IE its not cash UNTIL you find a Buyer and settle.......At a lower price no Doubt.......
It doesn't need to be liquid, i've given you an example of why so suck it up princess you've been shown lacking yet again.
Profile "REPLY WITH QUOTE" Go to top
 
Simon_S
Member Avatar


Trollie
3 Jan 2017, 05:16 PM
It doesn't need to be liquid, i've given you an example of why so suck it up princess you've been shown lacking yet again.
Quote:
 
Conversely, if they put that $500,000 house on the market and the best offer it brought was $350,000, they would hold onto it.


I guess you will be Holding on While my money is in the Bank.........

But you can pretend you know what you're talking about.



Profile "REPLY WITH QUOTE" Go to top
 
Trollie
Member Avatar


Simon_S
3 Jan 2017, 07:05 PM



I guess you will be Holding on While my money is in the Bank.........

But you can pretend you know what you're talking about.


Are you still taking about a crisis situation where I need money in a hurry, or did you move on after the spanking I gave you?

Also, are you suggesting we should leave 500k in the bank? :lol
Profile "REPLY WITH QUOTE" Go to top
 
herbie
Member Avatar


Tha thing I reckon lotsa traders don't truly realise about 'emselves, is their very real 'n true potential ta LOSE money on BOTH risin' 'n fallin' markets ... :D

Anyways, couldn't happen ta a more deservin' unprincipled, unproductive money grubbin' bunch a cnts - For mine - LOL LOL LOL

But hey, tha ones wot are a bit simple (like lotsa them wot hang 'round this board) I still just genuinely feels a bit sorries for anyways - But only 'cause I'm just obviously a bit of an ole softie ... :)

PS: Any other 'grownups'(?) here actually recall tha GFC? - 'N shit like shortin' tha banks 'n wot not just NOT bein' ON ole chap!?!
herbie
2 Jan 2017, 10:41 PM
Honestly Tezza, do ya genuinely reckon tha Japanese suburbanite just automatically "in many ways" became 'toast' when their housing prices crashed catastrophically all those many years ago?
Bump for Tezza ...
Edited by herbie, 3 Jan 2017, 09:19 PM.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
Profile "REPLY WITH QUOTE" Go to top
 
Simon_S
Member Avatar


Trollie
3 Jan 2017, 07:24 PM
Are you still taking about a crisis situation where I need money in a hurry, or did you move on after the spanking I gave you?

Also, are you suggesting we should leave 500k in the bank? :lol
Quote:
 
Good food for thought compared to the BBQ banter:

Most people take their profits too early and cut their losses too late.

If they buy a house for $500,000 and a month later somebody offers them $600,000, it is human nature to take the money and dine out on their good fortune. Conversely, if they put that $500,000 house on the market and the best offer it brought was $350,000, they would hold onto it.

A good dealer would not. As soon as he realised the asset was losing value he would get what he could for it and put the money into a new, hopefully better, investment.


Here it is again since your don't understand it......

Its called a stop loss. But you have no idea what that is so I'll let you pretend your winning.



Edited by Simon_S, 3 Jan 2017, 10:43 PM.
Profile "REPLY WITH QUOTE" Go to top
 
herbie
Member Avatar


Hey, I'm just an ole know nuthin' dumb f***, but even for an ole know nuthin' dumb f*** like me, tha term 'stop loss' immediately brings ta mind tha other term 'punch thru' - LOL LOL LOL
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
Profile "REPLY WITH QUOTE" Go to top
 
Simon_S
Member Avatar


herbie
3 Jan 2017, 10:37 PM
Hey, I'm just an ole know nuthin' dumb f***,
Everyone has already figured that out.....

Profile "REPLY WITH QUOTE" Go to top
 
herbie
Member Avatar


"Stop loss" - - > "Punch thru" ... LOL LOL LOL
Edited by herbie, 3 Jan 2017, 11:10 PM.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
Profile "REPLY WITH QUOTE" Go to top
 
Tiger Lily
Member Avatar


Terry
2 Jan 2017, 10:24 PM
The Global Head of Merril Lynch uses houses as an example as he's aware that the majority of suburbanites have their whole lives wrapped in a single asset. If its value dissipates, in many ways they're toast.
tezza you doofus ! the quotes from ex NZ PM John Key he hasnt been head of merril lynch for 16 yrs he left in 2001 , you're stupidity knows no bbounds tezza :D
Quote:
 
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11281699

By the time he left the firm at the end of 2001 he would have been paid in Merrill Lynch's appreciating stock for nearly seven years

It is a story that Key could use to illustrate a theory of why some people get rich and the majority do not. Most people, he explains, take their profits too early and cut their losses too late.

If they buy a house for $500,000 and a month later somebody offers them $600,000, it is human nature to take the money and dine out on their good fortune. Conversely, if they put that $500,000 house on the market and the best offer it brought was $350,000, they would hold onto it.

A good dealer would not. As soon as he realised the asset was losing value he would get what he could for it and put the money into a new, hopefully better, investment.
bwahahahahah tezza you f***ing ning ning nong nong ! :D
Profile "REPLY WITH QUOTE" Go to top
 
Terry
Member Avatar


Tiger Lily
4 Jan 2017, 04:22 PM
tezza you doofus ! the quotes from ex NZ PM John Key he hasnt been head of merril lynch for 16 yrs he left in 2001 , you're stupidity knows no bbounds tezza :D
bwahahahahah tezza you f***ing ning ning nong nong ! :D
That's right cricket. John Key was the ex-global head of Merril Lynch's forex ops.
Profile "REPLY WITH QUOTE" Go to top
 
1 user reading this topic (1 Guest and 0 Anonymous)
ZetaBoards - Free Forum Hosting
Create a free forum in seconds.
Go to Next Page
« Previous Topic · Australian Property Forum · Next Topic »
Reply
  • Pages:
  • 1
  • 7



Australian Property Forum is an economics and finance forum dedicated to discussion of Australian and global real estate markets and macroeconomics, including house prices, housing affordability, and the likelihood of a property crash. Is there an Australian housing bubble? Will house prices crash, boom or stagnate? Is the Australian property market a pyramid scheme or Ponzi scheme? Can house prices really rise forever? These are the questions we address on Australian Property Forum, the premier real estate site for property bears, bulls, investors, and speculators. Members may also discuss matters related to finance, modern monetary theory (MMT), debt deflation, cryptocurrencies like Bitcoin Ethereum and Ripple, property investing, landlords, tenants, debt consolidation, reverse home equity loans, the housing shortage, negative gearing, capital gains tax, land tax and macro prudential regulation.

Forum Rules: The main forum may be used to discuss property, politics, economics and finance, precious metals, crypto currency, debt management, generational divides, climate change, sustainability, alternative energy, environmental topics, human rights or social justice issues, and other topics on a case by case basis. Topics unsuitable for the main forum may be discussed in the lounge. You agree you won't use this forum to post material that is illegal, private, defamatory, pornographic, excessively abusive or profane, threatening, or invasive of another forum member's privacy. Don't post NSFW content. Racist or ethnic slurs and homophobic comments aren't tolerated. Accusing forum members of serious crimes is not permitted. Accusations, attacks, abuse or threats, litigious or otherwise, directed against the forum or forum administrators aren't tolerated and will result in immediate suspension of your account for a number of days depending on the severity of the attack. No spamming or advertising in the main forum. Spamming includes repeating the same message over and over again within a short period of time. Don't post ALL CAPS thread titles. The Advertising and Promotion Subforum may be used to promote your Australian property related business or service. Active members of the forum who contribute regularly to main forum discussions may also include a link to their product or service in their signature block. Members are limited to one actively posting account each. A secondary account may be used solely for the purpose of maintaining a blog as long as that account no longer posts in threads. Any member who believes another member has violated these rules may report the offending post using the report button.

Australian Property Forum complies with ASIC Regulatory Guide 162 regarding Internet Discussion Sites. Australian Property Forum is not a provider of financial advice. Australian Property Forum does not in any way endorse the views and opinions of its members, nor does it vouch for for the accuracy or authenticity of their posts. It is not permitted for any Australian Property Forum member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor. It is not permitted for Australian Property Forum members to ask for or offer specific buy, sell or hold recommendations on particular stocks, as a response to a request of this nature may be considered the provision of financial advice.

Views expressed on this forum are not representative of the forum owners. The forum owners are not liable or responsible for comments posted. Information posted does not constitute financial or legal advice. The forum owners accept no liability for information posted, nor for consequences of actions taken on the basis of that information. By visiting or using this forum, members and guests agree to be bound by the Zetaboards Terms of Use.

This site may contain copyright material (i.e. attributed snippets from online news reports), the use of which has not always been specifically authorized by the copyright owner. Such content is posted to advance understanding of environmental, political, human rights, economic, democratic, scientific, and social justice issues. This constitutes 'fair use' of such copyright material as provided for in section 107 of US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed for research and educational purposes only. If you wish to use this material for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. Such material is credited to the true owner or licensee. We will remove from the forum any such material upon the request of the owners of the copyright of said material, as we claim no credit for such material.

For more information go to Limitations on Exclusive Rights: Fair Use

Privacy Policy: Australian Property Forum uses third party advertising companies to serve ads when you visit our site. These third party advertising companies may collect and use information about your visits to Australian Property Forum as well as other web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here: Google Advertising Privacy FAQ

Australian Property Forum is hosted by Zetaboards. Please refer also to the Zetaboards Privacy Policy