investing/trading...ive had a gut full., page-78

  1. 2,754 Posts.
    Lessons learn't
    A broker knows nothing you cannot find out for yourself, don't use them unless your lazy, the only lean they have is the deals they cut with companies for exclusive rights on a share package, generally these are over the true value of the share, if you DYOR then your own advice is as good as anyone's.
    Don't care what anyone say's, investing is gambling the same rules apply when betting on a horse ( DYOR ), sometimes you win, sometimes you lose, the bookmaker though seems to do pretty well out of it.
    The tax office, hmmmm in 1985 the sum total of all tax recieved was equal too 87c from every dollar earn't in Australia, i'm certain it's much more now, if anyone tells me there is nothing left for savings i'm not surprised, so perhaps savings should be considered a loan from the tax office.
    Bottom line "keep investing" it's your only chance of avoiding the need to go on a government pension, if they still have one when you are no longer able to work.
 
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