wayneL
VIVA LA LIBERTAD, CARAJO!
- Joined
- 9 July 2004
- Posts
- 25,950
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- 13,241
Are you sure that you want to do that Tech/A?
He is an engineer you know!?
And not just any engineer - he's actually so good at maths that he's deduced/extrapolated himself to be better than 99% of all engineers (even the one's he's never actually met!).
P.S. If there's one thing that I've found out about the markets, it's their dependability in the provision of expensive reeducation for those participants with overinflated opinions regarding their own capability.
In my opinion engineers contribute way more towards society than the paper pushing professions that the majority in this forum have jobs in. There is a reason that there is a lack of engineering graduates in first world countries, because its harder than those other degrees which eventually lead you to a higher paying, paper pushing job. Engineering is the reason Germany is different from the other first world economies. Instead of overvaluing paper pushers, which aided in the creation of fake prosperity through debt based real estate, they made sure they cultivated their engineers as well.
Can you explain how you know what fields "the majority in this forum" are employed in?In my opinion engineers contribute way more towards society than the paper pushing professions that the majority in this forum have jobs in.
Can you explain how you know what fields "the majority in this forum" are employed in?
I've been around this forum for many years and could only nominate the jobs of half a dozen members out of the many thousands.
+1, We the engineers have created everything in this world
What exactly have you, yourself, created or contributed to the creation of so far??? You haven't even actually graduated yet right?
I don't think he can explain it, Julia. Lurker123 was just big-noting himself plus working on the justifiable assumption that the majority, any majority, are NOT engineers.
You go for it L123, and I hope you earn good money. You probably don't, that's why you're on here big-noting yourself. Get your rocks off any way you can, man!
You won't be getting any response from those pen-pushers who ARE making good money, so do your worst.
Then try and get some sleep!
More bear fodder...............
View attachment 46726
and more......
ANZ Bank has announced it will raise its interest rates this month, making it the first of the big four banks to move after the Reserve Bank left the official cash rate steady at 4.25 per cent last week.
From April 20, the bank will increase its standard variable mortgage rate by 6 basis points to 7.42 per cent per annum, while its small business rates also will increase by 6 basis points.
The bank said it took the decision as its funding costs were rising due to increased competition for deposits.
What's the story with Voyager TS?
just wanna keep this alive, awaiting his reply once he returns from portugal....
I'm sure TS has a good explanation IF he wants to tell us about it... and maybe he doesn't.
But I hope nobody has the bad manners to gloat if things have gone pear shaped (and I'll bet TS is quite fine).
judging from the level of gloating i would put his assets at well above the losses incurred by a pear shaped event such as voyager falling apart. so perhaps he was un-phased by the event. or behind all the speculation it may have had no affect on him at all? if he had no ties with them other than they were simply his builder then he wouldve had insurance and been fine even with them going under, a new builder would have come in and wrapped things up anyway.
im betting he has had a sneak peak at ASF while hes away though
Sure...do all shares goes up?
You can do all the research/analysis/due diligence in the world, and a stock/share/company your investing in can still flop...
I look at property in a 10-20 year cycle. Not every year is going to go up, you'll have some bad years, just like shares.
apples and oranges, but if what you're trying to say is that every form of investing has risks, then yes naturally i agree.
So how was it presented?
‘‘While arrears rates on mortgages are still above average, they have eased a little recently, and remain low by international standards,’’ the RBA said.
In fact, the 0.1 per cent decline was characterised as a ‘‘drop off’’ by Rismark International economist Chris Joye, who noted that while arrears ‘‘have risen steadily...they remain no higher than they were in the mid-1990s’’.
It doesn’t seem to matter that the ‘‘drop off’’ came about at a time when interest rates have been cut below their historic norms. Nor that a delinquency rate of 0.6 per cent is still more than three times what it was in 2003.
Some might also think that having a deliquency rate today that’s comparable to a period in the mid-1990s when the standard viable mortgage rate hit 10.5 per cent isn’t a sign of strength.
But it’s the reference to ‘‘low by international standards’’ that provides the real laugh.
How is it that many of the same people who decry the use of throw-away comparisons between Australia and overseas property markets when battling the ‘‘destructionistas’’ in the housing bubble debate seem happy to use them when pushing their own ideological wheelbarrows?
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