Recent content by trading_rookie

Same :-( Watched it climb to 0.81c and 'gambled' it would break into dollar territory when i woke up in the mornin' with a nice profit ETH broke thru $2k today....thought about selling what i have left, like i did with all my LTC, but this compound app and DeFi ecosystem hoopla has got me...

Looks like one man's security is another's digital currency...or should that be the other way 'round??

https://apple.news/AVVU5i55sT8qlORljV_763A Chances are we might get it': 2700 on infected cruise ship not checked upon Sydney arrival - the heading of this article says it all! I'm not sure how anyone can deem any sea vessel docking in Oz as low-risk and failing to test anyone coming off the...

Aud 0.55c...i wonder if it will go a lot lower now that the reserve will print more polymer notes

I think the grim news mentioned in that article will stabilise soon. Check out the yields being offerred on bonds now...most are negative so quantitative easing or whatever governments are calling it since they're all avoiding the term, could be working. This has been bothering me since last...

One thing I think is being under-covered is the bond market isn't acting normally. Yield's spiking etc. @banco you can say that again!!!! How the hell does the Fed injecting more than a trillion $$$ into the bond market cause yields to jump more than 20% on a variety of treasuries?? From...

How long do you give Ford Aust, before they pull the plug?... https://www.accc.gov.au/media-release/court-orders-ford-to-pay-10-million-penalty-for-unconscionable-conduct

OK a couple of points to add for the above questions. Again only as far as I know, so don't hold me accountable Lol so no real “guarantee” on what the guarantee really is…I guess the government prefers confusion over this. So to answer your question, BHP will probably not have trouble funding...

I could be wrong, but I think if your money is held in a major financial institution then the Government may step into bailing them out in collapse scenario as they don't want the four pillars to tumble. So in that case the Government may print the required money to shore up those banks and in...

Gen X has alot of disposable income just lying around waiting to be spent on pastimes and hobbies of their youth. Brock commodores, nintendo gameboys, Reebok pumps, skateboards, and bmxers are just some of the categories seeing hoarders making a motza...

Dukes, those bonds matured 5yrs ago :) I mentioned them to highlight this wasn't my first foray into the bond market. If the 30 day rate is variable, then that is a variable part of your total return. As rates fall the 30 day [is presumably falling] and reducing your return. That's right...

I would imagine the unit price would move based on total return, eg: based on both interest payments made and the changes to the price of the bond Bit of background...back in the bad ol' days of the GFC, Tabcorp, desperate for cash were offering corporate bonds with a bonus coupon rate of...

I'm curious if anyone knows how a superfunds Index Bond works. Are the unit prices determined soley from the yield? Ie, when yield goes down, the price increases and so do the unit prices. Are the interest earnings distributed to the investors?

The Lucky Country by Donald Horne 'Australia is a lucky country, run mainly by second-rate people who share its luck.' The phrase 'the lucky country' has become part of our lexicon; it's forever being invoked in debates about the Australian way of life, but is all too often misused by those...

Tonight on the news, I heard Bowen saying that the Labor Party's Franking Credits policy was probably wrong and was prepared to let it go. Never trust a pollie. Howard said the same about GST while shadow leader...