Australian Politics Forum - Stock market crash today

Verge

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Re: Stock market crash today
Reply #15 - May 18^th, 2012 at 2:34pm

Bobby. wrote on May 18^th, 2012 at 12:54pm:

Verge wrote on May 18^th, 2012 at 12:16pm:

Bobby. wrote on May 18^th, 2012 at 11:54am:

Sir lastnail wrote on May 18^th, 2012 at 11:43am:

yeh what happened to that twirp who was a financial expert on super funds on here that kept telling us that we didn't know what we were talking about ? qivktec i think it was.

He will still tell us that you're in it for the long run !!

To bad if you retiring now though Sad

It was verge

Im the tax expert on how super funds work.

How you invest is you business, but your understanding of the taxation treatment on them has been something Ive had to continually correct, because simply neither of you two understand how that works, but thanks for playing along.

Verge,
You owe Nail & me an apology as well as all the readers on Ozpolitics.
In 2008 you told us we were stupid for changing to Capital Guaranteed.
We've done better than all the bunnies who kept their money
in the high risk balanced fund.
All their gains have been wiped out.
Some have actually lost money.

Get your hand of it Bobby, I gave no such advise, and even more interestingly I wasnt even a member here in 2008, and you would have no clue what so ever what my name was at yahoo.

Once again, you fail to let the facts get in the way of your pathetic little story. What a sad life you live.

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And why not, if you will permit me; why shouldn’t I, if you will permit me; spend my first week as prime minister, should that happen, on this, on your, country - Abbott with the Garma People Aug 13

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Sir lastnail

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Re: Stock market crash today
Reply #16 - May 18^th, 2012 at 2:44pm

Sir Spot of Borg wrote on May 18^th, 2012 at 12:14pm:

Sir lastnail wrote on May 18^th, 2012 at 12:06pm:

Sir Spot of Borg wrote on May 18^th, 2012 at 11:59am:

Why do ppl think they have lost money when the stock market goes down? If you dont sell then it will still be there when it goes back up. The stock market always goes up and down.

SOB

to bad if you are retiring now though Sad

Is that how it works? you take it ALL out @ once?

SOB

well the way it is going you'd probably be better off to cut your losses and run Wink

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"If you take out Saddam, I guarantee you that it will have enormous positive reverberations on the region..." - Benjamin Netanyahu in 1995

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Doctor Jolly

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Re: Stock market crash today
Reply #17 - May 18^th, 2012 at 2:51pm

Sir Spot of Borg wrote on May 18^th, 2012 at 1:34pm:

Yeah. Thats a good question what is defined a "crash"? I have occasionally invested int eh stock market and I have found that over time it usually goes up but thats a lot of time with a bunch of drops along the way.

SOB

The doomsayers as always are jumping on this as a crash.

This aint no crash, at least not yet. 1987 was a crash. 2008 was a crash. This is a drop.

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Sir lastnail

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Re: Stock market crash today
Reply #18 - May 18^th, 2012 at 2:59pm

Doctor Jolly wrote on May 18^th, 2012 at 2:51pm:

Sir Spot of Borg wrote on May 18^th, 2012 at 1:34pm:

Yeah. Thats a good question what is defined a "crash"? I have occasionally invested int eh stock market and I have found that over time it usually goes up but thats a lot of time with a bunch of drops along the way.

SOB

The doomsayers as always are jumping on this as a crash.

This aint no crash, at least not yet. 1987 was a crash. 2008 was a crash. This is a drop.

With losses of 100 bill wiped off the market this month alone and considering the piddly returns from super funds this may as well be a crash !!

As of this time ASX200 is down by 2.4% !!

Will there be a last minute rally at the close of the market today ?

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« Last Edit: May 18^th, 2012 at 3:07pm by Sir lastnail »

"If you take out Saddam, I guarantee you that it will have enormous positive reverberations on the region..." - Benjamin Netanyahu in 1995

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Soren Gold Member Offline Posts: 25654 Gender:	Re: Stock market crash today Reply #19 - May 18^th, 2012 at 3:07pm Big Donger wrote on May 18^th, 2012 at 11:44am: I'm glad I just came back from overseas. I think you are alone with that sentiment...
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Bobby.

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Re: Stock market crash today
Reply #20 - May 18^th, 2012 at 3:15pm

Verge wrote on May 18^th, 2012 at 2:34pm:

Bobby. wrote on May 18^th, 2012 at 12:54pm:

Verge wrote on May 18^th, 2012 at 12:16pm:

Bobby. wrote on May 18^th, 2012 at 11:54am:

Sir lastnail wrote on May 18^th, 2012 at 11:43am:

yeh what happened to that twirp who was a financial expert on super funds on here that kept telling us that we didn't know what we were talking about ? qivktec i think it was.

He will still tell us that you're in it for the long run !!

To bad if you retiring now though Sad

It was verge

Im the tax expert on how super funds work.

How you invest is you business, but your understanding of the taxation treatment on them has been something Ive had to continually correct, because simply neither of you two understand how that works, but thanks for playing along.

Verge,
You owe Nail & me an apology as well as all the readers on Ozpolitics.
In 2008 you told us we were stupid for changing to Capital Guaranteed.
We've done better than all the bunnies who kept their money
in the high risk balanced fund.
All their gains have been wiped out.
Some have actually lost money.

Get your hand of it Bobby, I gave no such advise, and even more interestingly I wasnt even a member here in 2008, and you would have no clue what so ever what my name was at yahoo.

Once again, you fail to let the facts get in the way of your pathetic little story. What a sad life you live.

Verge,
Yes sorry it was you - about 2 years ago who gave the bad advice to stay in the balanced fund.
It was Longweekend who carried on in 2008.
I wouldn't expect him to apologise but as you're the sort
of guy who turns left when he boards an aircraft I expect more from you.

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Bobby.

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Re: Stock market crash today
Reply #21 - May 18^th, 2012 at 3:15pm

Sir lastnail wrote on May 18^th, 2012 at 2:59pm:

Doctor Jolly wrote on May 18^th, 2012 at 2:51pm:

Sir Spot of Borg wrote on May 18^th, 2012 at 1:34pm:

Yeah. Thats a good question what is defined a "crash"? I have occasionally invested int eh stock market and I have found that over time it usually goes up but thats a lot of time with a bunch of drops along the way.

SOB

The doomsayers as always are jumping on this as a crash.

This aint no crash, at least not yet. 1987 was a crash. 2008 was a crash. This is a drop.

With losses of 100 bill wiped off the market this month alone and considering the piddly returns from super funds this may as well be a crash !!

As of this time ASX200 is down by 2.4% !!

Will there be a last minute rally at the close of the market today ?

We''ll see Nail.
I wonder if BHP will get to $20 again?

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Bobby. Gold Member Offline Australian Politics Posts: 120089 Melbourne Gender:	Re: Stock market crash today Reply #22 - May 18^th, 2012 at 3:28pm Greece downgraded to ccc. $A at a new low. 98.01
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Dsmithy70 Gold Member Offline ire futuis vobismetipsis Posts: 13147 Newy Gender:	Re: Stock market crash today Reply #23 - May 18^th, 2012 at 3:41pm weren't you all bitching about the high AUD last week?
Back to top	REBELLION is not what most people think it is. REBELLION is when you turn off the TV & start educating & thinking for yourself. Gavin Nascimento IP Logged

Ex Dame Pansi

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Posts: 24168

Re: Stock market crash today
Reply #24 - May 18^th, 2012 at 5:21pm

Sir lastnail wrote on May 18^th, 2012 at 2:59pm:

Doctor Jolly wrote on May 18^th, 2012 at 2:51pm:

Sir Spot of Borg wrote on May 18^th, 2012 at 1:34pm:

Yeah. Thats a good question what is defined a "crash"? I have occasionally invested int eh stock market and I have found that over time it usually goes up but thats a lot of time with a bunch of drops along the way.

SOB

The doomsayers as always are jumping on this as a crash.

This aint no crash, at least not yet. 1987 was a crash. 2008 was a crash. This is a drop.

With losses of 100 bill wiped off the market this month alone and considering the piddly returns from super funds this may as well be a crash !!

As of this time ASX200 is down by 2.4% !!

Will there be a last minute rally at the close of the market today ?

S&P/ASX200 4046.5 down arrow

-110.9

You have to admit it's a big drop.

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"When the power of love overcomes the love of power, the world will know peace." Hendrix
andrei said: Great isn't it? Seeing boatloads of what is nothing more than human garbage turn up.....

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Verge

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Re: Stock market crash today
Reply #25 - May 18^th, 2012 at 5:28pm

Bobby. wrote on May 18^th, 2012 at 3:15pm:

Verge wrote on May 18^th, 2012 at 2:34pm:

Bobby. wrote on May 18^th, 2012 at 12:54pm:

Verge wrote on May 18^th, 2012 at 12:16pm:

Bobby. wrote on May 18^th, 2012 at 11:54am:

Sir lastnail wrote on May 18^th, 2012 at 11:43am:

yeh what happened to that twirp who was a financial expert on super funds on here that kept telling us that we didn't know what we were talking about ? qivktec i think it was.

He will still tell us that you're in it for the long run !!

To bad if you retiring now though Sad

It was verge

Im the tax expert on how super funds work.

How you invest is you business, but your understanding of the taxation treatment on them has been something Ive had to continually correct, because simply neither of you two understand how that works, but thanks for playing along.

Verge,
You owe Nail & me an apology as well as all the readers on Ozpolitics.
In 2008 you told us we were stupid for changing to Capital Guaranteed.
We've done better than all the bunnies who kept their money
in the high risk balanced fund.
All their gains have been wiped out.
Some have actually lost money.

Get your hand of it Bobby, I gave no such advise, and even more interestingly I wasnt even a member here in 2008, and you would have no clue what so ever what my name was at yahoo.

Once again, you fail to let the facts get in the way of your pathetic little story. What a sad life you live.

Verge,
Yes sorry it was you - about 2 years ago who gave the bad advice to stay in the balanced fund.
It was Longweekend who carried on in 2008.
I wouldn't expect him to apologise but as you're the sort
of guy who turns left when he boards an aircraft I expect more from you.

I have never gave advice on what is the best vehicle in super to use.

I have happily said I am a fan of superannuation, and have advocated largely for self managed funds, simply because I dont like fund managers.

I have never once said which type of investment in super to use be it balanced, cash, Oz only or growth.

As for someone who turns left at the aircraft, you have got me wrong again. Ive never sat any more than 5 rows from the back of a plane. Its a weird thing I have, but I know for a fact they dont ever back into a mountain.

Anything else about me you would like to get wrong today.

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And why not, if you will permit me; why shouldn’t I, if you will permit me; spend my first week as prime minister, should that happen, on this, on your, country - Abbott with the Garma People Aug 13

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Verge

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Re: Stock market crash today
Reply #26 - May 18^th, 2012 at 5:29pm

Bobby. wrote on May 18^th, 2012 at 3:15pm:

Sir lastnail wrote on May 18^th, 2012 at 2:59pm:

Doctor Jolly wrote on May 18^th, 2012 at 2:51pm:

Sir Spot of Borg wrote on May 18^th, 2012 at 1:34pm:

Yeah. Thats a good question what is defined a "crash"? I have occasionally invested int eh stock market and I have found that over time it usually goes up but thats a lot of time with a bunch of drops along the way.

SOB

The doomsayers as always are jumping on this as a crash.

This aint no crash, at least not yet. 1987 was a crash. 2008 was a crash. This is a drop.

With losses of 100 bill wiped off the market this month alone and considering the piddly returns from super funds this may as well be a crash !!

As of this time ASX200 is down by 2.4% !!

Will there be a last minute rally at the close of the market today ?

We''ll see Nail.
I wonder if BHP will get to $20 again?

This is no advice to you, but if they get to that again I for one will be buying them.

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And why not, if you will permit me; why shouldn’t I, if you will permit me; spend my first week as prime minister, should that happen, on this, on your, country - Abbott with the Garma People Aug 13

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Sir Spot of Borg

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Australia

Re: Stock market crash today
Reply #27 - May 18^th, 2012 at 5:50pm

Bobby. wrote on May 18^th, 2012 at 3:15pm:

Sir lastnail wrote on May 18^th, 2012 at 2:59pm:

Doctor Jolly wrote on May 18^th, 2012 at 2:51pm:

Sir Spot of Borg wrote on May 18^th, 2012 at 1:34pm:

Yeah. Thats a good question what is defined a "crash"? I have occasionally invested int eh stock market and I have found that over time it usually goes up but thats a lot of time with a bunch of drops along the way.

SOB

The doomsayers as always are jumping on this as a crash.

This aint no crash, at least not yet. 1987 was a crash. 2008 was a crash. This is a drop.

With losses of 100 bill wiped off the market this month alone and considering the piddly returns from super funds this may as well be a crash !!

As of this time ASX200 is down by 2.4% !!

Will there be a last minute rally at the close of the market today ?

We''ll see Nail.
I wonder if BHP will get to $20 again?

I thought they were over $20 last night? Oh well musta seen wrong. They split one time when they were on about 45 and went down to 20. Prolly go back up.

SOB

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Whaaaaaah!
I'm a
Moron!

- edited by some unethical admin - you think its funny? - its a slippery slope

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BatteriesNotIncluded Gold Member Offline MediocrityNET: because people died for this! Posts: 26966	Re: Stock market crash today Reply #28 - May 18^th, 2012 at 5:53pm everyone PANIC!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Back to top	Sure....they're anti competitive as any subsidised job is. It wouldn't be there without the tax payer. Very damned difficult for a brainwashed collectivist to understand that I know.... (swaggy) IP Logged

hawil

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Re: Stock market crash today
Reply #29 - May 18^th, 2012 at 6:02pm

Verge wrote on May 18^th, 2012 at 12:16pm:

Bobby. wrote on May 18^th, 2012 at 11:54am:

Sir lastnail wrote on May 18^th, 2012 at 11:43am:

yeh what happened to that twirp who was a financial expert on super funds on here that kept telling us that we didn't know what we were talking about ? qivktec i think it was.

He will still tell us that you're in it for the long run !!

To bad if you retiring now though Sad

It was verge

Im the tax expert on how super funds work.

How you invest is you business, but your understanding of the taxation treatment on them has been something Ive had to continually correct, because simply neither of you two understand how that works, but thanks for playing along.

As you are a tax expert on how super funds are taxed,I,am not, but I know how the ATO treats Self Managed Super Funds, but could you please explain, how often the funds value their assets; is it monthly, quarterly, half-yearly or yearly.
If a member would currently want to shift some money from one fund to another, or from a growth fund to cash, what valuation would they use.
Any explanation on this subject would be much appreciated.

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