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Iron Ore busts through $90; $100 incoming, terrific news for the economy!
Topic Started: 14 Feb 2017, 10:03 AM (13,634 Views)
Trollie
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Ex BP Golly
25 Feb 2017, 11:07 PM
It's very similar to when the world back tells third world farmers to pile in on coffee, cocoa or whatever, when the price is high, and they do.
No it isn't
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Simon_S
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Trollie
25 Feb 2017, 09:39 PM
Plenty of what?
You certainly haven't made plenty of investments.......


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Trollie
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Simon_S
26 Feb 2017, 08:22 AM
You certainly haven't made plenty of investments.......

Yes I have
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Simon_S
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Trollie
26 Feb 2017, 10:45 AM
Yes I have
Of course you have.......
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Khaderbhai
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Wealthy Suburbanite

Ex BP Golly
25 Feb 2017, 11:07 PM
Quote:
 
legislation that says suburbanites are obliged to buy plenty of shares
It'd be the various Superannuation Acts from about 1974-77
Is that your final answer? Does Roddy agree with you?
Banks can't repossess your home simply because the market value falls. Australia's Consumer Credit Code says consumers aren't liable for things ordinarily outside their control and can't be held to obligations that could only be met by selling their home. Click for details.

"The truth is that there are no good men, or bad men. It is the deeds that have goodness or badness in them. There are good deeds, and bad deeds. Men are just men."
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newjez
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Khaderbhai
26 Feb 2017, 03:15 PM
Is that your final answer? Does Roddy agree with you?
You don't have to hold your super as shares.
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
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Terry
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newjez
26 Feb 2017, 05:34 PM
You don't have to hold your super as shares.
Yes, you're right, but most super funds are weighted towards shares.
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Khaderbhai
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Terry
26 Feb 2017, 05:55 PM
Yes, you're right, but most super funds are weighted towards shares.
Good of you to acknowledge your blunder Roddy. It's a shame poor Golly went and followed you down the rabbit hole before you realised your mistake.
Banks can't repossess your home simply because the market value falls. Australia's Consumer Credit Code says consumers aren't liable for things ordinarily outside their control and can't be held to obligations that could only be met by selling their home. Click for details.

"The truth is that there are no good men, or bad men. It is the deeds that have goodness or badness in them. There are good deeds, and bad deeds. Men are just men."
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Terry
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Khaderbhai
26 Feb 2017, 05:57 PM
Good of you to acknowledge your blunder Roddy. It's a shame poor Golly went and followed you down the rabbit hole before you realised your mistake.
No mistakes mother cat. If most suburbanites have super and most super funds are weighted towards shares, then most suburbanites are indirectly invested in shares.
Edited by Terry, 26 Feb 2017, 06:08 PM.
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Ex BP Golly
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Trollie
26 Feb 2017, 12:21 AM
No it isn't
We are not like some third world country that has foreign companies flood in to rape their resources, who then all go on an almighty debt fueled expansion (not even using our banks) and need to pay it back?



Terry
26 Feb 2017, 06:08 PM
No mistakes mother cat. If most suburbanites have super and most super funds are weighted towards shares, then most suburbanites are indirectly invested in shares.
If they weren't, Rio Tinto and BHP etc would be almost entirely foreign owned.
Edited by Ex BP Golly, 26 Feb 2017, 08:31 PM.
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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