LMFAO!! Bingo
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Yes the rising cost of energy(this will last for years imo,green energy a long way from taking up the slack) is causing fuel poverty,food production costs will go up,inflation ,wages etc etc.Ive sold my fph (bought @re $3) ,RMD too as the shift to Value stocks occurs and future cashflow values are being discounted more.But I also need more cash for an investment outside of Equities so the time is right for me.
Yes, and I should be so smart as to predict the delta & omicron outbreak as well?
I added to my HLG position, confident in my analysis and continuing to enjoy the huge dividend income I derive from this most outstanding of stock.
Meanwhile, whatever happened with your ATM trade last year? It was going to bounce when it reported, remember? :t_up:
that was one hot inflation print just released. fed well behind the curve :scared: still stick to my view there going to be a surprise.
anyway asx reporting underway in earnest next week see ya next mth
Min wage up 6 percent from April, no heads up... dog chasing tail scenario. Also never mind that inflation was 5 perc and not 6. This increase adds to the inflation story.
Now those businesses in the covid firing line and on the brink just wont come back. As a shareholder, many of our companies just stopped paying divies as they needed cash, other companies were cowered into not paying shareholders or claiming legitimate money. Some have still not returned to precovid DPS. We need a shd union
The opening para's from the Wall Street Journal:
"A relentless surge in U.S. inflation reached another four-decade high last month, accelerating to a 7.5% annual rate as strong consumer demand collided with pandemic-related supply disruptions.
The Labor Department on Thursday said the consumer-price index—which measures what consumers pay for goods and services—in January reached its highest level since February 1982, when compared with the same month a year ago. That put inflation above December’s 7% annual rate and well above the 1.8% annual rate for inflation in 2019 ahead of the pandemic."