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  1. #531
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    As Michael Cullen (RIP) once said. I don't mind the idea of people climbing the ladder of success, but don't like the idea of kicking out the rungs on the ladder once your at the top.

  2. #532
    Senior Member TeslaGod's Avatar
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    Quote Originally Posted by Aaron View Post
    As Michael Cullen (RIP) once said. I don't mind the idea of people climbing the ladder of success, but don't like the idea of kicking out the rungs on the ladder once your at the top.
    Your too soft Aaron

    Your no investor

    Making money changes who you are

    You have to be prepared to lose family and friends

    You have to step on throats to get what you want

    You don't have it in you to make real money, stick to your Sharesies account topping it up $10 a week.

  3. #533
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    Quote Originally Posted by Aaron View Post
    So none of the US stocks you own have been affected by actions of the US Federal Reserve?
    That would be senseless to believe interest rates have no impact on equity returns. However certain sectors performed better than others despite what ever interest rates are set. It's more important to choose the company that has a long term vision and good management than some high flyer new SPAC company that has no proven record, income, nor product. Also there's the bad luck element, it's not uncommon for listed companies to go bankrupt in a market crash despite prior to the crash, their financials were perfectly sound. I suppose when the market place changes (consuming habits change, job losses from the market crash, etc.), so does the company. I mean I would not of though Toys R Us or Chapters would of gone bust. What i'm saying is picking stocks to invest in is FAR MORE riskier than picking houses to invest in. You don't need the central bank to dictate the outcomes of the stock market unless you're invested in a broad index ETF.

  4. #534
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    Quote Originally Posted by TeslaGod View Post
    Your too soft Aaron

    Your no investor

    Making money changes who you are

    You have to be prepared to lose family and friends

    You have to step on throats to get what you want

    You don't have it in you to make real money, stick to your Sharesies account topping it up $10 a week.
    As Tom Vu would say, "If you want to be rich.. you have to got GUTS my man!"
    IMO, his TV infomercials in the late 80s was where it all started. Modern Robert Kyosaki, Ken Lok, etc guys charging massive fees for 1 seminar after another dealing in real estate were all knock off of the Tom Vu gig 30+ years ago. Oddly, his net worth is less than 8 figures.

    TeslaGod, you may have guts in the NZ real estate market but I have far more guts than you in my equity investing experience.

  5. #535
    Senior Member TeslaGod's Avatar
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    Quote Originally Posted by SBQ View Post
    As

    TeslaGod, you may have guts in the NZ real estate market but I have far more guts than you in my equity investing experience. :cool:
    Please, don't make me laugh.

    https://youtu.be/tiOUVG3YSzc

  6. #536
    Senior Member TeslaGod's Avatar
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    Quote Originally Posted by TeslaGod View Post
    Please, don't make me laugh.

    https://youtu.be/tiOUVG3YSzc
    SBQ

    I checked out your profile, it's literally you and Crypto Crude talking about crayfish.

    Just leave the investment advice to the big boys okay.

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