For anyone that's lost money recently....

[nizar]

There was another one I read just a few days ago in Indonesia, a guy lost all his money, they where quite a wealthy family.

The wife left a message on her mobile phone saying she couldnt handle being poor, poisoned all her kids breakfast cereal then popped herself leaving the message she was taking the kids for a journey to heaven.

How can people be such nutjobs that they love Money more than life?

Yep.
Im not surprised.
Typical Indonesian attitude.
Money and show-off.

 

[It's Snake Pliskin]

Geez. It's pretty hard to spot a tongue in cheek comment online isn't it? What a dry audience.

As for you snake, maybe we should go and have a look through some muslim threads shall we?

Firstly muslims represent no race so no racist comments by me.

As for you Nizar stop quoting and regurgitating others' stuff. Read a couple of books then become an authority on the subject. Go backtest or stop yourself out.

Just for the record
Islamists are not true Muslims

 

[It's Snake Pliskin]

Yep.
Im not suprised.
Typical Indonesian attitude.
Money and show-off.

Racist.

To help him, his girlfriend applied for four bank overdraft facilities and even maxed the limit on five credit cards.

She was the only one who knew the true extent of his losses.

Just to give the girl some backup in Singapore. I wouldn't expect my wife to do that.

 

[chops_a_must]

Firstly muslims represent no race so no racist comments by me.

That's good then. By your own logic my comments weren't racist, as "Asians" don't represent a race, as there are Mongols, Japanese, Tamils, Indians, Tibetans etc etc.

Racism can be cultural as well as regional.

 

[It's Snake Pliskin]

That's good then. By your own logic my comments weren't racist, as "Asians" don't represent a race, as there are Mongols, Japanese, Tamils, Indians, Tibetans etc etc.

Racism can be cultural as well as regional.

But not religious as you referred to before.
RELIGION IS NOT RACE

 

[chops_a_must]

But not religious as you referred to before.

RELIGION IS NOT RACE

OK. Hitler was not racist.

 

[It's Snake Pliskin]

OK. Hitler was not racist then.

Well, Mr Hitler was one of a kind that we know of. I won't attempt to analyse him. I don't have any UNI books to refer from.

 

[chops_a_must]

Well, Mr Hitler was one of a kind that we know of. I won't attempt to analyse him.

Yes. He was the only "non-racist" to nearly complete genocide.

 

[professor_frink]

Just to give the girl some backup in Singapore. I wouldn't expect my wife to do that.

I wouldn't expect my girl to do that either.

 

[nizar]

Racist.

Im actually from Indonesia, plenty of family there, go back once or twice a year.

And thats how they are.

 

[It's Snake Pliskin]

Im actually from Indonesia, plenty of family there, go back once or twice a year.

And thats how they are.

Then you have every right to be critical of your compatriots. I haven't developed mindreading yet so forgive me for being ignorant of your ethnicity.

 

[TheAbyss]

Ahh the two things that'll kill anyone.

Initial 'lucky' success and borrowing to trade.


Combined they are deadly.

It is best never to borrow to trade, and in alot of ways it is best not have have initial success - a good kick in the ass can keep you wary forever.

Realist, Why not borrow to trade? I am interested as the tax incentives make it worth your while. For instance if you borrow against your home equity (Line of Credit) for shares, then use those shares as collateral for a margin loan you get to double dip the tax deductions.

I do understand that this is a very simplistic view as the value of your shares can and will fluctuate over time however a blanket statement of do not borrow to buy shares has piqued my interest and i look forward to your response. Please note that i am not having a go at you just interested as my accountant seems to be in favour of doing this.

I also recognise that buying into explorers etc with a ML and or LoC would be very risky indeed however if you stick to the 60-70% LVR stocks the risks are reduced somewhat?

 

[bvbfan]

I wouldn't be surprized to here similiar stories frm Australia with the T+3 trading to come out.

People have done the same thing here.