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The Finance/ Business/ Money Thread

How do you invest?

  • Real Estate

    Votes: 7 53.8%

  • Stock Market

    Votes: 6 46.2%

  • Superannuation

    Votes: 7 53.8%

  • ETF

    Votes: 6 46.2%

  • Crypto

    Votes: 2 15.4%

  • Savings Account

    Votes: 8 61.5%

  • Mutual Funds

    Votes: 3 23.1%

  • Precious Metals

    Votes: 2 15.4%

  • I don't invest

    Votes: 0 0.0%
  • Total voters
    13
www.tradingview.com

TSLA: Tesla Stock Sinks as Company’s Market Share in Europe Shrinks by 37% in a Year

Tesla is losing ground in the old continent — April car sales in Germany got axed by half and the overall market share in Europe dwindled to 1.8% from 2.9% in a year. 🚨 Tesla Shares Drop 1.8%🙅🏻‍♀️ Germany Says “Nuh Uh”👀 Europe-Wide Problem😎 The Musk Factor
www.tradingview.com www.tradingview.com

Go back to your space ships and your cars Elon and stay the fuck out of politics forever.
 
TheSelectFew said:
au.finance.yahoo.com

Financial expert reveals how ASX crash could make everyday Aussies $248,022: 'Simple'

There are four principals to consider when approaching investing in a crashing market, which could turn $5,000 into double the average Australian wage.
au.finance.yahoo.com au.finance.yahoo.com
Click to expand...
A pretty standard share market investment article. All very sage and nothing outlandish, except of course the deceptive headline. The amount of $248,022 (an amazingly precise number shown in the headline) that an everyday Aussie can make is after an investment timeframe of 40 years (a long time frame not mentioned in the headline).
 
Keeper66 said:
A pretty standard share market investment article. All very sage and nothing outlandish, except of course the deceptive headline. The amount of $248,022 (an amazingly precise number shown in the headline) that an everyday Aussie can make is after an investment timeframe of 40 years (a long time frame not mentioned in the headline).
Click to expand...
Oh never read the headlines. They are pure clickbait.

It was the advice within, which, as you point out, is sensible.
 
US credit rating downgraded. Means little in reality but you know the Aus markets will go fucking nuts.
 
Dropped over a k on etf's. The portfolio expands. The plan is to expand each part of my portfolio to 5k then to 10k and so on whilst also investing in housing. I would really like to have a third house or property in the next 5 to 7 years.
 
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TheSelectFew said:
Dropped over a k on etf's. The portfolio expands. The plan is to expand each part of my portfolio to 5k then to 10k and so on whilst also investing in housing. I would really like to have a third house or property in the next 5 to 7 years.
Click to expand...

Make sure you hit the 'reinvestment' option. This is your 'compound interest'. Or as Warren Buffet said the '8th wonder of the world'.

Loading…

finance.yahoo.com
 
I'm invested in Crypto now. Absolute waste of time and effort at this stage although the interface makes it feel cool but it's way too high risk. Especially at this stage.
 
TheSelectFew said:
I'm invested in Crypto now. Absolute waste of time and effort at this stage although the interface makes it feel cool but it's way too high risk. Especially at this stage.
Click to expand...

Well they say Bitcoin will be worth a million by 2030.

I wish I had the kahunas to put money in it.

I thought it was dead and buried when I was looking at it a couple years ago. It was $16k and dropped to $4k and I went that's too volatile for me

Look at it now.
 
Muz said:
Well they say Bitcoin will be worth a million by 2030.

I wish I had the kahunas to put money in it.

I thought it was dead and buried when I was looking at it a couple years ago. It was $16k and dropped to $4k and I went that's too volatile for me

Look at it now.
Click to expand...
cool story bro
 
I have had to use it recently to get money back and forth from overseas. In the past when getting some cash to or from people I was using Payoneer or stuff like that in places where PayPal is banned/doesn't do business. Crypto has made that easier however I don't really use it to invest and know farkall about bitcoin etc besides buying, transfer for direct payments

It's largely unregulated here, with those atms a haven for dodgy payments that are not tracked. Want to move more than 10k, that's the way people do it.
 
tsf said:
I have had to use it recently to get money back and forth from overseas. In the past when getting some cash to or from people I was using Payoneer or stuff like that in places where PayPal is banned/doesn't do business. Crypto has made that easier however I don't really use it to invest and know farkall about bitcoin etc besides buying, transfer for direct payments

It's largely unregulated here, with those atms a haven for dodgy payments that are not tracked. Want to move more than 10k, that's the way people do it.
Click to expand...
The dodginess makes things better.

I am going to Mauritius and Reunion soon and I want to see if I can use it to get around some dodgy transaction fees. Will let the forum know.
 
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Muz said:
Well they say Bitcoin will be worth a million by 2030.

I wish I had the kahunas to put money in it.

I thought it was dead and buried when I was looking at it a couple years ago. It was $16k and dropped to $4k and I went that's too volatile for me

Look at it now.
Click to expand...
Start small and build. Have a plan and diversify.

A couple of Aussie coins that are absolutely killing it recently, and as the world becomes more and more volatile, the price continues to rise.

If I had have known how easy it was I would have done it way earlier. Use Swyftx. So clean.
 
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