ASX

[Anonymous No.22394377]

any ausanons out there this morning?
asx seems completely fucked since about june.
we are now taking huge loses whenever US stocks drop and our gains from any uptrend in US markets are getting lower and lower each week.

[Anonymous No.22394735]

>>22394377
Our price action is slightly more realistic because our money printer is only brrr-ing modestly. I'd say expect better long term performance than the US, but we're so tied to them that we'll take a dive when they do. Not to mention our Gov fucking with the Chinese

[Anonymous No.22394820]

>>22394377

Morning boys - I have my fat crypto stacks but for boomer stocks I just have a VAS index fund I put money into every now and again. What are some other ETFs to balance? Was thinking 50/25/25 VAS/VTS/VEU or something. Not really interested in individual stocks atm, I speculate enough on crypto

[Anonymous No.22395019]

see how we go today. global futures up are up but that doesnt mean a great deal for us.

and don't get me started on our fucking gov m8. we have a prime minister that cannot do shit while the premiers and (((health ministers))) burn each state to the ground.. not to mentioning the apparent balkanisation of aus that seems to be going on.

[Anonymous No.22395186]

>>22394820

I didn't put into any ETFs but if I could go back to march I would of dumped everything into ETF that track the S&P , NAS, or DJI. would of made killing.

I have plenty of boomer type stocks and bunch of long positions in futures (indicies) in the asx200, some euro and US.

[Anonymous No.22395378]

>>22395186

I started it like 2 years ago so got absolutely Heem'd in the corona dump. I should finish building my crypto folio in a few months then will just focus on stocks again. Will do some research.

Re your comment about our government, is there any actual talent in any level? The more you look its just incompetent or corrupt idiots with no vision or plan for the future. No expertise in any sector, they just end up managing a portfolio because of some private school or family connection or they have dirt on somebody.

[Anonymous No.22395650]

>>22394820
A200
IVV
IWLD
AFI

[Anonymous No.22396147]

>>22395650

Thanks, have thrown them in my watchlist

[Anonymous No.22396284]

>>22395378
sorry to hear, hope your folio recovers and then some by at least jan/feb.

we need some big change in this country. could be one of the wealthiest nations on earth but instead we just fuck everyone over to appease the commies.

[Anonymous No.22396386]

>>22396284

I'll have it for over a decade at least so I dont mind. If you want rage fuel look at how fucked we get on any natural resources deal, we exported more LNG than Qatar in 2019 - they get 26 billion in royalties we take 1 billion lmao

[Anonymous No.22396621]

>>22396284
>>22396386
It has less to do with China and more to do with the incompetence of the Liberals and power Murdoch has on policy.

>no solar/renewable projects
>no mining tax (Australian resource profits go offshore to foreigners)
>no NBN
>residential housing obsession crowds out productive investment and small business expansion

[Anonymous No.22396676]

Can you cunts stop shorting a2m? Thanks

[Anonymous No.22396718]

>>22396621

When is housing going to tank? So much money going to that instead of productive assets

[Anonymous No.22396801]

>>22396718
Personally, I'm really keen on moving regionally in a few years. If people can work from how from now on, why not live in a 4 beddie and only pay $250,000.

[Anonymous No.22396820]

>>22396718
JobKeeper is being tapered down and the mortgage repayment holiday period is nearly over so the decline (Which we are already in) should continue for a while longer. What is important though is that because of COVID even within a single city the housing decline between some suburbs and others is more pronounced than it was before.

Things that will really make a different more longer term to a housing decline
>no immigration/foreign students (If it doesn't come back online in 2021 and gets pushed back to 2022/2023)
>land tax (stamp duty is shit anyway and budget deficits due to COVID might make even shitty Liberal politicians tell property interests to fuck off and implement it)
>changing taxation of primary place of residence houses (CGT for family home, not exempt from welfare like aged pension etc.)

[Anonymous No.22396838]

>>22396718
It won't. As with most things in this country, you can blame chinks. The multi-million dollar house next door to me was bought by a chink a year ago and is sitting there empty.

[Anonymous No.22396872]

>>22396621
most of the shit you mentioned is being done due to heavy influence from 'offshore interests'.

[Anonymous No.22396941]

>>22396838
I blame the chinks less than I blame the government(s) for so consistently selling us out to them

[Anonymous No.22397024]

>>22396838
foreign buyers aren't a huge part of the problem, its more a cultural obsession of Australians despite investment properties having been shit out of sydney/melbourne/hobart (assuming you bought pre-2015)

see here:
>>22396820

and also far more to do with the loaded taxation treatment of residential property, you can have boomers living in 2 million dollar homes that are as eligible for the aged pension than a single mum in a $150 a week shitbox in boganville

[Anonymous No.22397095]

>>22397024
>t. Jianming Jiang
The fuck outa here

[Anonymous No.22397242]

>>22397095
Right now we have no international students and no immigration and yet in bluechip suburbs in Sydney and Melbourne house prices are still rising.

Most foreign buyers bid up areas around Universities and where other asians live, these areas post-COVID are all declining or stagnating.

I use to work in credit and there are so many Bobs and Margarets that rode cheap credit in the 90s and cashed in on the coalition middle class welfare that its not even funny. A lot of retarded Gen Xers and older millenials also with these "investment properties" that are lucky if they get a positive return out of, not that it matters, with negative gearing.

[Anonymous No.22397247]

>>22397024
so aussies are obsessed with buying investment properties to sell to CCP members(at huge profit) and if we just stopped buying property to invest in the Chinese would disappear from our housing market causing it to resemble 'normal' price?

or maybe CCP members just buy more property even cheaper to secure their wealth?

[Anonymous No.22397264]

>>22397095

Foreign money has a big influence but I blame the government more for this, Chinese need to move wealth offshore one way or another and we serve it up on a platter for them instead of looking after our citizens. Australians are obsessed with housing and using it as an investment, the average asperational boomer has no idea how to buy a stock but you better believe they are speculating on property. Add in low interest rates, CGT, shit decentralization, and nimby zoning laws and you have a problem.

At some point it has to change, young people are locked out, they either live at home until late 20's or get the parents to help out with the deposit, not sustainable

[Anonymous No.22397298]

>>22397247
Most aussies sell to other aussies. Buy we should ban foreigners from buying residential property and encourage them to invest in other things like small aussie business, absolutely right

[Anonymous No.22397301]

>>22397242
Prices are set on the margins my dude. I don’t deny the policies make it worse but without foreign money it would likely not be anywhere near the nosebleed levels we see today

[Anonymous No.22397305]

>>22397247
This wouldn't solve the problem. People will always have to sell their houses for whatever reason and it's an impersonal sale. Most people will sell their house to the highest bidder who will inevitably be Chinese. It would take a government stance to slow it down, the individual won't do anything to stop it.

[Anonymous No.22397311]

which stocks do you goys own right now? ive only got positions in micro cap memes atm, nothing too serious

[Anonymous No.22397325]

>>22397264
100% right on the money, said it better than me with less words lol

[Anonymous No.22397345]

>>22397264
Agreed. Sadly no politician will ever advance such a policy as it will cost them too many votes

[Anonymous No.22397346]

>>22397311
DYL for those glowing rocks.

[Anonymous No.22397386]

>>22397305
>It would take a government stance to slow it down

Australians didn't vote for Labor last election cycle, they want cheaper housing yet keep voting for Liberals - What more can be done?

[Anonymous No.22397419]

>>22397311
This is a mix of stocks I own and are on my watchlist that I hope to own - regardless really like all of them and would recommend you check them out:

Large caps:
>A2M
>WPL
>BPT
>TRE
>CIM
>DOW

Mid caps:
>PNV
>PBH
>OPT
>OPY

Small/micro caps:
>DRE
>ALC
>AD8
>TNT

[Anonymous No.22397446]

>>22397386
And this is the false dichotomy of partisanship. It’s a douche vs a turd sandwich: neither give a fuck about your interests, merely their own

[Anonymous No.22397464]

>>22397301

Agree that we should ban foreigners, but there are also a lot of dumb as fuck aussies who have access to wayyyy to much capital from the banks. People who can barely string a sentence together getting over 1.5m to throw around at auctions, add in a bit of FOMO and "housing only goes up" backyard bbq talk and there you go.

Until the voting block shifts younger idk what will happen, I hope that the market is allowed to deflate naturally but there are a lot of vested interests and schemes to prop it up. I wont even get into the quality issues with apartments or the endless shit suburbs around the major cities. GF and I are highly paid yuppies who moved to Sydney but no way we are staying here

[Anonymous No.22397494]

>>22397386

I don't think the ALP is going to do anything except turn the country into Melbourne 2.0.

Latham seems to be one of the few good polys we have left in this place.

[Anonymous No.22397501]

>>22397446
Not really, Labor was pretty serious about rolling back resi housing incentives and wanting to cool things down. Same with addressing trusts and franking credits.

scare campaign ensured and another few years of LNP.

[Anonymous No.22397502]

>>22397386
Victorians voted Labor, howd that turn our for them

[Anonymous No.22397516]

>>22397419

Adding to my list thanks, whats TRE in the large cap? not getting anything

[Anonymous No.22397548]

>>22397501
Ignore what they say, watch what they do. Politicians are whores who’ll say whatever it takes to get votes

[Anonymous No.22397552]

>>22397494
You realise QLD has a Labor state goverenment? Same with Western Australia and South Australia until very recently. Melbourne is Melbourne regardless of which party is in power, it has and always will be pozzed.

>>22397502
State government does not equal federal government.

For what its worth NSW could have just as likely had the same thing happen with Ruby Princess, got very lucky their outbreak was as small as it was. Not that any of that has anything to do with economics and finance though.

NSW and VIC and to a lesser extent TAS all have fucked housing markets largely because of federal government policy, not state.

[Anonymous No.22397558]

DEG
NAE
GML

[Anonymous No.22397578]

>>22397516
TWE (Treasury Wines), misspelled the ticket.

JIN (Jumbo Interactive) is also a really nice mid cap that has good fundamentals (no debt, move to online lotteries due to COVID) and has a nice looking chart - Recommend that one too for a short/medium term hold.

[Anonymous No.22397587]

>>22397419
i sold out of tnt way too early, pbh became a monster overnight fucking hell. i will check out the rest, will probably stay clear of woodside though

[Anonymous No.22397599]

>>22397558
I like DEG, but why not MGV? Much smaller market cap. DEG has just ran so hard already.

[Anonymous No.22397606]

>>22397552
>locks borders down indefinitely screwing the aus economy even further and all for a (((virus))) that has extremely low mortality rate.

and you think QLD and WA are not pozzed?
fuck those commies

[Anonymous No.22397610]

>>22397578
is DW8 a competitor of treasury wines? i saw that shilled forever, months on end when it was trading at 0.5 cents, and then it 10 bagged quite suddenly

[Anonymous No.22397627]

>>22397558
watch me whip

watch me NAE NAE

[Anonymous No.22397634]

>>22394377
we need to start selling more shit off the ground m8.
what about uranium?

[Anonymous No.22397651]

>>22397634

Why cant we value add to anything instead of just digging it up, selling it and buying it back?

[Anonymous No.22397695]

>>22397634

he is already on it.

[Anonymous No.22397728]

>>22397695
I want to like him but I wish he would spend more time on meaningful shit instead of just whinging about 2017 era SJW/feminism/political correctness.

You have to do it to rile the low info boomers up but its so boring and a waste of time.

[Anonymous No.22397769]

Kathmandu (KMD) has results out 2nd last week of September.

Other retails have for the most part had good results, what do we think?

[Anonymous No.22397774]

https://www.domain.com.au/news/victorian-landlords-to-avoid-land-tax-on-properties-vacant-in-2020-986235/?utm_campaign=strap-masthead&utm_source=the-age&utm_medium=link&utm_content=pos5&ref=pos1

reeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

[Anonymous No.22397780]

>>22397634
You think Aus will see any taxes from that? We could all have 50k a year as a social pay,ent if the mining companies were taxed and caught out on their tax evasion.

>worked in mining industry for 18yrs and have lot of upper management mates that love the libs

[Anonymous No.22397891]

>>22397780
Labor tried to introduce a mining super profits tax, it killed Gillard's political campaign and Murdoch got the boomers riled up over something that actually would have helped them.

Look at Norway with their sovereign wealth fund, what Saudi Arabia and Qatar are doing with the wealth from their natural resources.

Australia? Houses being sold to each other and one day to China + jetskis :-)

[Anonymous No.22397927]

>>22397774
InvestmentKeeper

[Anonymous No.22397933]

>>22397464
I asked you in a past thread but forgot to come back and read your reply to it. What fields do you and your missus work in? You guys are out of newy now?

[Anonymous No.22398001]

>>22397891
we unironically do have a sovereign wealth fund, its just not as good as the countries you mentioned

[Anonymous No.22398122]

>>22397933

Yeah thats me from then - Im an EE, the mrs works in finance. Both from newy but moved for work opportunities in sydney and have had good growth and are enjoying it lifestyle wise. If you didnt grow up in Sydney you realise most of the city is shit, and 5-10% of it is awesome. We are renting near the city and liking it but dont really think its sustainable, we will probably bail to the Gong or back to Newy depending on how the career situation goes. If we were shackled to a crazy mortgage it would be impossible for me or my partner to go after new opportunities or take risks, so we are just investing and stacking cash. Not living like poorfags but not larping as rich either.

The real hell would be to grow up in Sydney and feel the need to buy there, such insane levels of debt for a young person, imagine if you lost your job?!

[Anonymous No.22399332]

>>22394377

Everyone needs to get out of the dollar as soon as possible. The Chinese are going to rape us with a broken beer bottle: they're making iron mines and ports in Brazil and Guinea. They hate our gov for fucking with them and Xi won't forgive us.

Get foreign shares, foreign currency, foreign crypto: invest in anything but the Australian economy. Then once the dollar has fallen 40%, come back in and live like a king. We'll be able to buy a tonne of cheap property in the coming recession.

https://www.scmp.com/economy/global-economy/article/3095851/brazilian-miner-vale-looks-satisfy-chinas-appetite-iron-ore

https://www.bloomberg.com/news/articles/2020-03-05/china-plans-to-approve-developing-giant-simandou-iron-ore-mine

[Anonymous No.22399421]

>>22399332
The chinks will just buy out any discounted property. What part of the government has sold us out are you struggling with?

[Anonymous No.22399512]

What brokers do you fellas use? I've just gotten commsec and its international trading account too to trade U.S stocks but was wondering if there's better brokers

[Anonymous No.22399541]

>>22399512

Selfwealth is good, they just added US stocks too

[Anonymous No.22399628]

>>22399421

Xi and the CCP want to punish us. They're going to suppress any outflow of capital to Australia. They have huge power over what the citizenry does: it would be easy for them to get Wealthy Chinaman to buy property in Europe instead.

[Anonymous No.22399697]

>>22399628
I doubt it. They think longer term and the long term plan is to buy as much of the Anglo sphere as is available to them and take us down through our own political systems. We’re colonized m8

[Anonymous No.22399710]

>>22394377
You guys know the LOKI team?

[Anonymous No.22399742]

>>22399332
>https://www.scmp.com/economy/global-economy/article/3095851/brazilian-miner-vale-looks-satisfy-chinas-appetite-iron-ore
>China’s appetite for iron ore prompts Brazilian miner Vale to explore new deep water port
>CHINA SO HUNGRY FO IRON ORE
>CHECK BARANCE SHEET
>ARR SARES COME FROM AMERICAN DOGGU
China knows not to fuck with the US, without us they're nothing

[Anonymous No.22399873]

>Imagine not owning Austral Gold

[Anonymous No.22399937]

>>22399873
Liking EVN as a large cap, small cap space can't decide

[Anonymous No.22400108]

>>22394377
burger here
I can't think of a single export from australia.
Unless you count outback steakhouse.

[Anonymous No.22400150]

>>22400108
Basically all the world's iron ore and coal, a lot of gold and natural gas. Shit ton of copper, also a lot of uranium and lithium.

Grains, meat, wool - Every sort of agricultural product.

Few medical/health/biotech innovations, not much in the tech space.

[Anonymous No.22400289]

>>22400108

Suprised you know where Australia is

[Anonymous No.22400404]

>>22400108

I think Americans are purposefully kept retarded on international affairs.

[Anonymous No.22400436]

>>22400150
>>22400108

All we have for tech is fucking Afterpay, whose whole business model just seems to be letting people borrow money to pay for a refrigerator. What a stupid company. I hope they crash and burn. Troglodytes who can't afford to buy a handbag outright shouldn't have nice things.

[Anonymous No.22400566]

>>22400150
>coal and nat gas
well, that explains it.
all the energy sectors are getting rekt.
LIT demand is growing, but it's the 3rd most common element on the periodic table.

[Anonymous No.22400605]

>>22400436
Afterpay and zip are a fucking joke, who’d have thought ‘credit cards for people too retarded to use credit cards’ would make a multi billion dollar valuation?

[Anonymous No.22400729]

>>22400436
Altium, ResMed, Cochlear, Aristocrat and Atlassian etc. and there's a whole bunch of non-listed ones too brainlet

[Anonymous No.22400874]

>>22400566
>Third most common element on the periodic table

[Anonymous No.22400924]

>>22400874
American intellectuals everyone

[Anonymous No.22400961]

Australia is a banana republic larping as a first world country. The music is eventually going to stop, ausfags.

[Anonymous No.22401003]

>>22397548
Except those real policies Labor was taking to the election were risky, ambitious, and liable to lose them support due to the vested interests trying to keep the ponzi scheme going. And it lost them the election

[Anonymous No.22401012]

>>22400566
>>22400874

[Anonymous No.22401039]

>>22400961

Sure is. I'm all in on crypto. When the $A dollar crashes, I'm going to enjoy a sweet 30-40% profit.

[Anonymous No.22401050]

>>22401003
My point exactly. The sort of drastic measures required like an outright ban on foreign ownership of residential property are political suicide. If you’re not rich nobody cares about what’s in your interests.

[Anonymous No.22401053]

>>22401003

Too many boomers thinking they were voting for Howard

[Anonymous No.22401086]

>>22397606
Lol m8 they're still locked down because polls show that like 80%+ of their constituents want it locked down. Stop watching Sky News, you're the one who's getting pozzed

[Anonymous No.22401157]

>>22401050
Imo a ban on foreign investments wouldn't even be far enough, the Chinks would just funnel the money through local property developers. We need a land tax as well to penalize unproductive use of land

[Anonymous No.22401317]

>>22401086
so apparently 80% of them went to be (((locked down))) according to who?

even if that were somehow true, it just shows how absolutely pozzed they all are. duno the fuck you are on about.

[Anonymous No.22401421]

>>22394377
Anyone got any new rocket meme stocks? Already finished on the SPT and PBH trains

[Anonymous No.22401483]

>>22397606
W.A. is based and you can fuck off you eastern states slob.

[Anonymous No.22401516]

>>22401317
its not true. its media bullshit to make everyone more upset and drive division.
fucking hell, how can brainlets not see this

talk to a human....and no i dont mean anyone that posts #IStandWithDan

[Anonymous No.22401571]

>>22401516
>>22401317
80% of people haven't had an original thought precipitate in their minds their whole lives and never will, not that the polls mean anything or are even remotely accurate, they aren't. But still, that this level of disproportionate (and inhumane) lockdown is even possible tells you a lot about Victorians, and Aussies generally

[Anonymous No.22401573]

>>22401483
whatever you fucking commie puppet.

>>22401516
no shit it isn't true, just checking how much of a good goy he is.

[Anonymous No.22401606]

>>22401571

>But still, that this level of disproportionate (and inhumane) lockdown is even possible tells you a lot about Victorians, and Aussies generally

I agree, so much for our 'free' nation.

[Anonymous No.22401637]

>>22401606
>>22401571
its def not the 80%, but the amount of bootlickers accepting the narrative is definitely at disturbing levels

[Anonymous No.22401638]

>>22401157
Land tax is long overdue, its infinitely better than this regressive stamp duty BS

[Anonymous No.22401665]

>>22401638
Remove property tax for residential households and impliment land tax for all investment/rental properties, at double rate for non-citizens

[Anonymous No.22401809]

>>22401317
>>22401317
I'm talking about QLD and WA border lockdowns (basically keeping filthy southerners out of their state), not Vic lockdown. If you think them protecting themselves from further COVID bullshit is pozzed you're unironically drinking Murdoch kool aid. Everytime I visit YouTube I'm spammed with dumb Aus msm videos criticizing QLD and WA because their poor corporate owners can't think beyond their own short term greed

[Anonymous No.22401849]

>>22396838
Torch it

[Anonymous No.22401869]

>>22401809
>he thinks covid is a deadly super virus

Who the fuck is drinking cool aid?

[Anonymous No.22401877]

chad stocks:

RFF
CIP
D2O
SKI

[Anonymous No.22401964]

>>22400108
Outback Steakhouse is from Florida

[Anonymous No.22402063]

>>22401877
boring boomer stock with permanent short induced lack of trust around it
decent for yield
decent for yield and little growth
boring boomer stock

better than speccies but not a huge fan of any except maybe D20 and CIP

[Anonymous No.22402568]

>>22400924
https://money.cnn.com/2014/12/17/investing/cpi-inflation-oil/index.html
i'll just leave this here fellow ozzies

[Anonymous No.22403212]

>>22396838
if you only knew where Oz money is coming from

[Anonymous No.22403232]

WA should secede from the rest of oz. Would love to watch the East shrivel up and die without us for sucking us dry for too long

[Anonymous No.22403250]

>>22403212
This is due to the USD being the global reserve right? The AUD could inflate against it.

[Anonymous No.22403265]

>>22403250
Sorry this reply >>22403250
intended for >>22402568
>>22402568
>>22402568

[Anonymous No.22403325]

>>22403250
Isn’t aud considered commodity currencies? I know cucknada is

[Anonymous No.22403427]

>>22394377
Its why I went hard into VGS instead of VAS

[Anonymous No.22404198]

>>22401964
>appealing to fuck ups that can't even cook a steak
>florida
maybe I should go all in.

[Anonymous No.22405189]

Defense stocks where its at.
DroneShield is a decent one, had a big jump over the past week.
Anyone know other good aussie defense listings?

[Anonymous No.22405419]

one of you brilliant motherfuckers told me to buy dxb a while ago.

I will find you, and I will thank you

[Anonymous No.22405439]

>>22403325
AUD is a low cap shitcoin

[Anonymous No.22405961]

>>22397419
Great list, a bunch of those could rebound to pre-covid levels. Now if I only had a few gs lying around...

[Anonymous No.22406387]

>>22405419
>trading halt

what could this be?

[Anonymous No.22406467]

>>22406387
they developed a drug for diabetic kidney disease.
The results of the phase 2 clinical trial come out on monday

[Anonymous No.22406471]

>>22405189
droneshield has dogshit management, lied to shareholders about their CR

EOS is the only defense stock I'd touch

[Anonymous No.22406686]

>>22406467
Lucky bastard. Cashing out much?

[Anonymous No.22406831]

>>22406686
Ill cash out my original and buy back in if it dips

[Anonymous No.22406934]

>>22399541
Cheers will check it out