Democrats Are Communist

  • Thread starter Thread starter Geo
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Thumbpicker said:
lol - I do know what's going on. Only a proportion of my shares are in US companies and if there is a bubble in the US stock market (debatable) then any further capital gains will evaporate, reverse and return again over the longer term - even if that means 10-20 years. That is fine by me.
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Hey man, don't bother arguing with Geo. His default policy is, "hate first, ask questions later."

And you have to be a pretty massive idiot to go through life that way.
 
acceptance said:
Well has it worked out for him?
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No accountant will reveal their total worth to anyone so I don't really know but he retired to the beach in FL and isn't hurting for anything. Accountants are notorious tightwads. He def taught me how to bargain for vehicles, I'm notorious at my local Chrysler Jeep. His hand would shake if he was putting more than about 1500 bucks onto a credit card. I am quite sure when he dies and if/when I receive any inheritance there will be a printed out sheet with all the monetary gifts/payments to the kids over the years down to the penny subtracted from the final sum each one of us gets.
 
Geo said:
Escape? No, profit incredibly, yes.
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When you get in at the bottom what happens to the share price as everyone rushes in to do the same.

The people in it for the long term just ride it out.
 
Thumbpicker said:
When you get in at the bottom what happens to the share price as everyone rushes in to do the same.

The people in it for the long term just ride it out.
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Yeah, I'll let you do the "ride it out" strategy.

If you understand what is happening, you wouldn't have to.
 
VonBonfire said:
No accountant will reveal their total worth to anyone so I don't really know but he retired to the beach in FL and isn't hurting for anything. Accountants are notorious tightwads. He def taught me how to bargain for vehicles, I'm notorious at my local Chrysler Jeep. His hand would shake if he was putting more than about 1500 bucks onto a credit card. I am quite sure when he dies and if/when I receive any inheritance there will be a printed out sheet with all the monetary gifts/payments to the kids over the years down to the penny subtracted from the final sum each one of us gets.
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Ahh, I thought you said he was a teacher. Well good for him anyways.
 
Geo said:
Yeah, I'll let you do the "ride it out" strategy.

If you understand what is happening, you wouldn't have to.
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You are speculating. You can do that if you want. A lot of speculators get burnt though. Some do ok. Long term investors generally always do fine.
 
Thumbpicker said:
You are speculating. You can do that if you want. A lot of speculators get burnt though.
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If you don't know how or why the stock market is hitting record highs while the world economy is going down like a turd in a toilet, then you are going to have to ride it out instead of knowing when to bail.

That's enough lessons for you today, ignant.
 
VonBonfire said:
He was. He taught accounting at a university and was also a CPA that did taxes for select clients and did financial planning on the side as well.
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Some CPA's become tax accountants, some become financial planners, some become company accountants, financial accountants, management accountants, consultants, insolvency specialists, forensic accountants etc etc etc etc
 
acceptance said:
It’s all speculation: some approaches are riskier than others.
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Well sure... even your superannuation fund speculates - but they do rely on the sharemarket going up over time - that's generally not considered speculative trading but yes it's all speculation. You speculate that the sun will rise in the morning. It may not if the sun gets blown up by aliens lol Some things are more certain than others.
 
Thumbpicker said:
You get to own your election decisions because you are entitled to participate but all the flow on from it affects us - so no I don't agree with that. I can bitch about it because it affects my finances, our military, our culture just about everything.

When we have an election it doesn't affect you in any way the same magnitude so you obviously can't understand it.
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So you get to bitch about our elections but we can't bitch about yours ? :ROFLMAO:
That kinda flies in the face of all the ripping on the US you do doesn't it ? I mean you are suggesting that nothing Australia does effects me, but everything the US does effects you.

Do you think other people in the world who are effected by American elections should get a vote ?
 
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Floyd Eye said:
So you get to bitch about our elections but we can't bitch about yours ? :ROFLMAO:
That kinda flies in the face of all the ripping on the US you do doesn't it ? I mean you are suggesting that nothing Australia does effects me, but everything the US does effects you.

Do you think other people in the world who are effected by American elections should get a vote ?
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You can bitch about our elections if you want - but does it affect you? That's why you aren't interested,

I'm not suggesting I should have a vote but it's a free world and I can take an interest and comment on it.
 
Actually, Sky News Australia comments on US politics all the time.
 
Thumbpicker said:
You can bitch about our elections if you want - but does it affect you? That's why you aren't interested,

I'm not suggesting I should have a vote but it's a free world and I can take an interest and comment on it.
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Yeah, I mean it's a free-ish world for some of us. You are free to bitch about anything you want. You can understand how Americans might be inclined to tell you to piss off when you do though right ?
 
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Thumbpicker said:
Some CPA's become tax accountants, some become financial planners, some become company accountants, financial accountants, management accountants, consultants, insolvency specialists, forensic accountants etc etc etc etc
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He got hired at an accounting firm doing some kind of corporate accounting but didn't like having to be out of town all the time i.e no life so he got the teaching gig.
 
Floyd Eye said:
Yeah, I mean it's a free-ish world for some of us. You are free to bitch about anything you want. You can understand how Americans might be inclined to tell you to piss off when you do though right ?
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I don't mind that as much as them being so stupid to say it's weird or stupid because I'm interested. That just shows total ignorance of the reality of life in other countries. Particularly English speaking western new world ones.
 
Thumbpicker said:
I don't mind that as much as them being so stupid to say it's weird that I'm interested. That just shows total ignorance of the reality of life in other countries.
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I will point out though that president's don't actually have much effect on the economy or the market. In so much as politics effect it, it's the parties that you gotta worry about.
 
Floyd Eye said:
I will point out though that president's don't actually have much effect on the economy or the market. In so much as politics effect it, it's the parties that you gotta worry about.
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I know how it works. Our politics affects our sharemarket in various ways however every day our sharemarket almost without fail takes the lead from Wall Street and Wall Street is affected by your politics in various ways. Gees this is like basic how the world works stuff.
 
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