Black Monday

[Jaa]

Take a zero off and I agree >> 10k USD going into 2022 IMHO

How about taking off the 1 instead?

[bull....]

looks like money flowing from cypto into stocks since the crash


FEDERAL RESERVEThe Fed this summer will take another step ahead in developing a digital currency

https://www.cnbc.com/2021/05/20/the-...-currency.html


U.S. Treasury calls for stricter cryptocurrency compliance with IRS, says they pose tax evasion risk

https://www.cnbc.com/2021/05/20/us-t...-with-irs.html

[Scrunch]

looks like money flowing from cypto into stocks since the crash


FEDERAL RESERVEThe Fed this summer will take another step ahead in developing a digital currency

https://www.cnbc.com/2021/05/20/the-...-currency.html


U.S. Treasury calls for stricter cryptocurrency compliance with IRS, says they pose tax evasion risk

https://www.cnbc.com/2021/05/20/us-t...-with-irs.html

So one step closer to the "digital" currency nz almost has with cheques being ruled out and transfers being done by bank to bank transfers, sometimes aided by an eftpos (electronic funds transfer at point of sale) card?

[bull....]

So one step closer to the "digital" currency nz almost has with cheques being ruled out and transfers being done by bank to bank transfers, sometimes aided by an eftpos (electronic funds transfer at point of sale) card?

the future is digital

[Panda-NZ-]

So one step closer to the "digital" currency nz almost has with cheques being ruled out and transfers being done by bank to bank transfers, sometimes aided by an eftpos (electronic funds transfer at point of sale) card?

If you want to support your local business a little more pay with eftpos/epoli since their merchant fee is 1% vs 2.5% for mastercard I believe.

[bull....]

almost forgot about nz budget or lack of one lol. glad beneficiaries got some money but hardly enough to have much impact as for the rest of the budget think this sums it up

don’t expect New Zealand to stop its decline on almost every social and economic measure against other OECD countries.

https://www.interest.co.nz/rural-new...f-we-will-ever

[Panda-NZ-]

0 corona cases vs millions in the oecd
Lockdowns which go on forever and ever.
Fake news everywhere propagated by russian bots.

The OECD situation is rather bleak to be honest!

[Bobdn]

almost forgot about nz budget or lack of one lol. glad beneficiaries got some money but hardly enough to have much impact as for the rest of the budget think this sums it up

don’t expect New Zealand to stop its decline on almost every social and economic measure against other OECD countries.

https://www.interest.co.nz/rural-new...f-we-will-ever

Yes and sadly many NZers have Kiwisaver schemes with too much of a home bias.

[Toulouse - Luzern]

Yes and sadly many NZers have Kiwisaver schemes with too much of a home bias.

A day after the 2021 Budget NZX50 up 0,2% approx.
NZX50 has declined from year end.

Appears Kiwis have better option.

[Panda-NZ-]

Thank ATM for that.
No cgt, moar stimulus and fully imputed dividends will ultimately drive it higher as it doubled since 2017.