Australian (ASX) Stock Market Forum

Economic implications of a SARS/Coronavirus outbreak

"In a gold rush, you don't make money finding gold, you make it selling shovels".

Or in moxy's case, metal detectors.

So moxy's out here doing basically the #1 thing they tell you not to do in like your first lesson of finance 101.

Good god man, what were you thinking?

"Use a metal detector to find gold... I AM THE FIRST PERSON TO EVER THINK OF THIS"
It was a tough gig.
I like jumping into every scene to see what its about. My useless skills are numerous.
 
So have you heard of these new things called "NFT's"? :p
In first and out on hype.
2nd best investment in the world.

Now I've got to wait around for my next multi bagger gig. Some kind of "legal" arms dealer to Europe is looking good right now.
 
The problem you face when you sack all your staff, then when things pick up, you have no one to that knows how to load a plane and work with your systems. :whistling:
Maybe Qantas should have used jobkeeper as it was meant to be used, to keep your trained staff on the books. My guess is there will be just as much confusion at the destination, when the luggage hasn't arrived. ?

 
The problem you face when you sack all your staff, then when things pick up, you have no one to that knows how to load a plane and work with your systems. :whistling:
Maybe Qantas should have used jobkeeper as it was meant to be used, to keep your trained staff on the books. My guess is there will be just as much confusion at the destination, when the luggage hasn't arrived. ?

And the various levels of government have to share the blame.
The border closures, both national and state that cut back on air travel did not help.
That does not mean to say that some level of border closure was necessary, its just that it went over the top, was too inflexible, and lasted too long. (yes i am talking to you WA)..
Mick
 
Imagine if testicles were worth something. There would be a lot of lopsided guys around.
 
How much you want for the tools??

The rest of your offerings sound like liabilities.
Well it's like this... If I die, I hope my wife doesn't sell them for what I told her I paid. (Just the six hammers in my truck add up to $1700)
 


This one's just for you @moXJO xoxo

I was out a while ago. Still got some nft horses left that have 15% and above returns via bets. Once inflation looked like hitting I moved out of all crypto coins. The big gains in that are when money is floating around the system. Need another govt stimulus pump.
Crypto was an insane boost to my portfolio. I learnt from 2017 to get all out and not hold.

I'm out of investments atm and into real world stuff right now. I gotta wait around for the next big thing to get my attention investment wise.

More profitable sourcing parts/materials right now.
 
QQQ is down 15% for the year so far with what looks like another 10% to go. I'd call that a correction.
that sounds like a reasonable call to me , just be careful if it hits that target ( it could bounce either way short-term )
 
I was out a while ago. Still got some nft horses left that have 15% and above returns via bets. Once inflation looked like hitting I moved out of all crypto coins. The big gains in that are when money is floating around the system. Need another govt stimulus pump.
Crypto was an insane boost to my portfolio. I learnt from 2017 to get all out and not hold.

I'm out of investments atm and into real world stuff right now. I gotta wait around for the next big thing to get my attention investment wise.

More profitable sourcing parts/materials right now.
am not 'out of the investments ' but am probably as cashed up now as anytime after the first year of the inheritance ( and am hoping foe some extra sells and reductions , but yes i am putting SOME cash into 'real world stuff ' as well , and just accumulating extra stuff as well ( stuff like second hand books and other 'obsolete stuff ' )
 
that sounds like a reasonable call to me , just be careful if it hits that target ( it could bounce either way short-term )
It's going to get slaughtered tonight, but fact is that there's more energy supply pain (war etc) to come. Markets still haven't realised that the russian supply is going to be cut off more or less permanently.
 
am not 'out of the investments ' but am probably as cashed up now as anytime after the first year of the inheritance ( and am hoping foe some extra sells and reductions , but yes i am putting SOME cash into 'real world stuff ' as well , and just accumulating extra stuff as well ( stuff like second hand books and other 'obsolete stuff ' )
Were you into stock trading before the inheritance?
 
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