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Don't let it get to you - lifeline

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sam76

Joined
23 March 2005
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I'm sure a few of the members here are sitting on some serious losses at the moment.

Things have changed from a year ago.

Just a reminder that all is not lost should you be feeling that way.

if you are feeling depressed, for god's sake talk to someone.

If it's hard to talk to family members please call someone like lifeline...

13 11 14
 

Thanks Sam, that's right folks voice out your anger and frustration rather than keeping it to yourself, after all that's what this Forum is all about helping each other in the good times and the bad times.
 
gee, you guys - some of your caring words nearly brings a tear to the eye
 

But..... would Chuck?

However, in all seriousness, it's a good point.
I'm sitting on some serious paper losses, probably soon to become real losses.
My super's going down the gurler, the government/bankers/hedge funds/Wall st, etc, are eroding (read STEALING) my investments and savings, and the so called executives/manager dickheads are still getting obscene bonuses (read THEFT).
Does depress me on occassions but Ah, but what the hell, it's only money.
Then there's all the good things in life.
And of course, the ASF is a great place to let off steam.
 
Ummmm BUMP.

After today's carnage I may have to call someone.

 
sam76 said:
Ummmm BUMP.

After today's carnage I may have to call someone.

Click to expand...

Go for a ride and clear your head a bit. Nice bike!

Salvation Army will deliver food to those in finacial distress and offer financial advise.
 
Green08 said:
Go for a ride and clear your head a bit. Nice bike!

Salvation Army will deliver food to those in finacial distress and offer financial advise.
Click to expand...


thanks mate,

She could be for sale very soon if this keeps up.

 
Believe it or not it's only money, things mean nothing, people are what matters.

Smithers have me assessed immediately I think I've gone quite mad.
 
IM out of the market since August 2007 and I was chatting with a mate on two points:

1. I am REFUSING to look at housing as a commodity any longer - he agrees (worked for APRA) and will look elsewhere for investment in future.
2. I just got a vege patch and 4 chooks!! And enjoying every bit of it with my nearly 3 year old daughter

Kick back - life is too short and the great thing about this shake up is hopefully it will bring back some balance.

Brad
 
BradK said:
IM out of the market since August 2007 and I was chatting with a mate on two points:
1. I am REFUSING to look at housing as a commodity any longer - he agrees (worked for APRA) and will look elsewhere for investment in future.

Brad
Click to expand...

Housing never was an investment commodity in the past, it was always the investment for people who didn't know any better, low returns no capital growth, expensive to maintain and run UNTIL interest rates dropped to all time lows AND STAYED THERE for years, all of a sudden residential property skyrocketed and all the passve investors for once got lucky, many of them thought they were sooooo smart but it was just dumb luck brought on by sustained low interest rates.

Commercial and industrial real estate was always the choice for the smart investor, no so much now unless there's a development angle in there.

Of course now with decreasing asset values you are wise to be out of it unless there's some very good reason to get in, now, when you buy something, it's dropped in value by the time you settle.
 
There is always someone out there worse off. I was in the Solomon Islands a few years back, and it makes you realise how lucky we are.

After having a quick look at the market after open, i headed down to the gym in a cr@ppy mood, then got pi$$ed because no matter how hard I tried I couldnt deadlift 205KG Afterwards, whilst on the treadmill, I seen a disabled kid with his carer come in, and they were trying to get him to use some of the exercise machines. For me, it was another one of those moments that puts everything in to perspective
 
Thanks for that reminder, Gav. Perspective is so easily lost.

I imagine you're feeling somewhat better about copping the loss on IPL now, given subsequent events?
 
Yes Julia. 20% lost on IPL in one week hurt, but I am looking at re-entering. Just a bit hesitant though. Down 68% on FMG too. Too late to sell now though IMO. I am just very thankful it happened now when I'm very new to this and dont have a whole lot in. This has been a very big learning experience
 
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