Black Monday

[Valuegrowth]

Australia CPI SHOCKER 4.0% …increase from May and higher than expected


Seems Reverse Bank Australia will have to hike rates in already stumbling into Recession economy.

All over the world employees have a high level of financial stress, particularly low-wage employees.I met a couple from Canada last week and they told me even with two people working buying a house is not that easy. Main reason for the current situation is all types of assets and things we use have rocketed.

[troyvdh]

VG essentially I believe that history...reading etc is no longer valued.
I understand that there is saying.
Fear those whose TV screens are bigger than their book shelves.

[Daytr]

Hard disagree. NVIDIA is equivalent to a mining services company, boom and bust.

Look at Sun or Intel during the dot com boom to see what happens to the share price.

Or Nvidia's history itself. Michael Frazis says this well.

The big difference is NVDA is earning real money with strong growth of earnings. I don't know if NVDA is over valued or not, but it's not the same as the DOT Com boom as those companies didn't have the earnings.

Disagreement is what makes a market.

[dln]

https://www.theregister.com/2024/06/...re_price_drop/

[alokdhir]

https://www.newshub.co.nz/home/money...antly-anz.html

Writing was on the wall long ago but now many more beginning to SEE it ...time to act for investment for future is NOW not 12 months later ...imho

[Valuegrowth]

https://www.theregister.com/2024/06/...re_price_drop/

No company is 100% risk free.

When a company is riding high, get crowded and trading historically high PE ratio I will try to find answers to the following questions.

1. Do they have a sustainable business model?
2. Is the current price reflects its real businee value? Is it overpriced or underpriced!
3.Are there better options in the market? I have.
4.will the history repeat in the tech sector like before? I think so 100%.
5.Will there be competitors?
6.Do they have a long term plan and sustainable growth?

[Valuegrowth]

VG essentially I believe that history...reading etc is no longer valued.
I understand that there is saying.
Fear those whose TV screens are bigger than their book shelves.

Troy I agree.Very good quote. Thanks.

[Valuegrowth]

https://www.theregister.com/2024/06/...re_price_drop/

https://www.straitstimes.com/busines...i-expectations

[bull....]

if your invested big in the us markets the trump vrs biden debate on at 1pm nz time today

[Ggcc]

if your invested big in the us markets the trump vrs biden debate on at 1pm nz time today

If I was a voting man and had a choice between them both I would choose Trump, not that I want him as president. Biden waffles and Trump is to the point and clear with his communication throughout this debate.