@Dean_Hildebrand@ausstockchick Ive been 16 years private sector and have recently taken a new job in the public sector. The drastic change in pace has been a challenge
@Mr_Derivatives I'm forever learning the market. And I enjoy doing it. Sure I did think a retrace was likely but I didn't sell. I will know for next time
@PaulineHansonOz We not only need to bring the cost of groceries down, we need to get rid of the shit food and plastics and promote clean grass fed free range meat. Unhealthy/overweight people should pay more for healthcare it's unfair to the rest of us.
@PinguCapital You're moving the goalposts. You said a 50% crash. Now you're talking about a 50% real decline. Those aren't remotely the same thing.
Fyi you're speculating too 🤔
@PinguCapital That's not how mean reversion works. It doesn't require a 50% nominal fall, years of stagnant prices while incomes and inflation catch up achieve the same outcome.
@PinguCapital A 50% crash isn't just "prices normalising" it would likely require a severe recession with mass unemployment and forced selling. Saying Australia is expensive isn't evidence that a 50% collapse is inevitabl
@PinguCapital I'll be right, it'll need to correct over 50% to throw me in negative equity. I'm all for a correction anyway, I just don't think it'll happen