Financial Advice

Why do every thread involving shares always end the same way??

^this
I've also wondered exactly that.... seems to always turn into a d!ck size competition - sad really
 
Absa Newgold will get you nowhere. Every time the GP goes up, the ZAR/dollar negates the gains. This is an ETF that you have to know when to get in when $ ZAR has hiccups.

There are currency hedging benefits but the currency correlation is not pure. You'd understand this if you understood arbitrage. If so, as you imply, there would be no price fluctuation. If your nonsense was true then there'd be no market for it whatsoever and it would make sense for Absa to simply sponsor a currency derivative product. There are various advantages to investing in debentures that clearly you do not understand, especially in terms of portfolio management. You cannot continue promoting your strategy as the be-all and end-all and all others or other investments to be inferior or unworthy.

You really do not have a grasp of how the markets work and in particular, you have no idea the best instrument for a random individual on the internet. Stop pretending you do, and stop punting bullschit...
 
Why do every thread involving shares always end the same way??

Because marco gets involved. This didn't happen back when marco avoided financial threads. People step in to correct him because of the dangerous advice he gives. It is not on...
 
Apt time for some analysis - see if you can spot the one constant...

yeah, from what I've gathered, it's always a situation where marco posts and his 'advice', whatever it is, get's shot down - he seems to have been very successful following his own advice (perhaps not always technically correct, but nonetheless)

Why don't one of you guys open a thread where you and marco can punt certain 'buys' at a specific time and we have our own MyBB share competition?
 
yeah, from what I've gathered, it's always a situation where marco posts and his 'advice', whatever it is, get's shot down - he seems to have been very successful following his own advice (perhaps not always technically correct, but nonetheless)

Why don't one of you guys open a thread where you and marco can punt certain 'buys' at a specific time and we have our own MyBB share competition?

Well, once again just for you, since you missed it the last 1000 times.

Marco doesn't know how things like etf's, and indices work, the difference between active and passive management etc, and refuses to learn.

When people who actually work in the industry try to explain to him how they work, he says they dont know what theyre talking about.

He should also not be telling people to buy these things that he does not understand just because he noticed that they had good returns.

He can't do basic performance calculations, so can't really calculate his returns himself.
 
Well, once again just for you, since you missed it the last 1000 times.

Marco doesn't know how things like etf's, and indices work, the difference between active and passive management etc, and refuses to learn.

When people who actually work in the industry try to explain to him how they work, he says they dont know what theyre talking about.

He should also not be telling people to buy these things that he does not understand just because he noticed that they had good returns.

He can't do basic performance calculations, so can't really calculate his returns himself.

maybe/probably true, but would actual performance not show that?
again, Why don't one of you guys open a thread where you and marco can punt certain 'buys' at a specific time and we have our own MyBB share competition?
 
maybe/probably true, but would actual performance not show that?
again, Why don't one of you guys open a thread where you and marco can punt certain 'buys' at a specific time and we have our own MyBB share competition?

Was tried twice and both threads closed and deleted. This is not the place for it, nor should mybb be punting stock-picks. There is no need to have some sort of competition to prove marco wrong. Really, there isn't...
 
maybe/probably true, but would actual performance not show that?
again, Why don't one of you guys open a thread where you and marco can punt certain 'buys' at a specific time and we have our own MyBB share competition?

Once again, since you missed it the last 1000 times.
It's not about performance or competition, its about knowing wtf you are talking about.
 
Was tried twice and both threads closed and deleted. This is not the place for it, nor should mybb be punting stock-picks. There is no need to have some sort of competition to prove marco wrong. Really, there isn't...

OK.... seems weird though that the threads should have been closed/deleted.... at the end of the day, the proof of the pudding is in the eating - you can ask the brightest minds where they think a specific commodity is going and you will be none the wiser - I have a substantial investment in the JSE myself and would have enjoyed a little competition here on MyBB... could have been interesting
 
Once again, since you missed it the last 1000 times.
It's not about performance or competition, its about knowing wtf you are talking about.

you see, that's the type of intellectual answer that I call 'comparing d!ck sizes" - no real substance, no reward, just intellectual
 
you see, that's the type of intellectual answer that I call 'comparing d!ck sizes" - no real substance, no reward, just intellectual

Yes, I can see that you are extremely slow on the uptake.

Good luck with your investing.
And listen to marco
 
OK.... seems weird though that the threads should have been closed/deleted.... at the end of the day, the proof of the pudding is in the eating - you can ask the brightest minds where they think a specific commodity is going and you will be none the wiser - I have a substantial investment in the JSE myself and would have enjoyed a little competition here on MyBB... could have been interesting

I personally don't see the point of it. Also not particularly interested in these pseudo competitions. At the end of the day, the point is that marco needs to stop punting advice. If you've followed his previous threads and input then you'll understand why. He doesn't know what trading actually is and what it involves. He gets brokers and traders mixed up. He doesn't understand the counter party aspect of trades. He doesn't grasp spreads very well at all. He doesn't understand how derivative products really work. He doesn't understand portfolio management. He doesn't understand technical analysis. He doesn't understand what moves markets or how to determine value. And I can go on. These are just a few off the top of my head in recent threads.

Yet he advises on all of these aspects all of the time, in every bloody financial thread. I mean this is the dipschit who says that traders should steer clear of volatility! FFS man, there is no need to justify pointing out his stupidity. It will continue for as long as the mods allow him to post, or as long as he continues to involve himself in threads where his supposed advice may just be taken seriously. And all financial threads will land up like this too...
 
Yes, I can see that you are extremely slow on the uptake.

Good luck with your investing.
And listen to marco

I was slow enough 'on the uptake' to retire at 46 and have done quite well with my investments since then

What some of you need to learn, is that you can listen to everything and only implement what you understand and believe - but then again, 'we' are keyboard magicians and substance is not part of it
 
I personally don't see the point of it. Also not particularly interested in these pseudo competitions. At the end of the day, the point is that marco needs to stop punting advice. If you've followed his previous threads and input then you'll understand why. He doesn't know what trading actually is and what it involves. He gets brokers and traders mixed up. He doesn't understand the counter party aspect of trades. He doesn't grasp spreads very well at all. He doesn't understand how derivative products really work. He doesn't understand portfolio management. He doesn't understand technical analysis. He doesn't understand what moves markets or how to determine value. And I can go on. These are just a few off the top of my head in recent threads.

Yet he advises on all of these aspects all of the time, in every bloody financial thread. I mean this is the dipschit who says that traders should steer clear of volatility! FFS man, there is no need to justify pointing out his stupidity. It will continue for as long as the mods allow him to post, or as long as he continues to involve himself in threads where his supposed advice may just be taken seriously. Ad all financial threads will land up like this too...

The bundu oke is just trolling...
 
Yes really.

You're bored and acting like a dimwit to have some fun.

Go start a 911 thread, that'll get you some attention.

you need to learn more from DJ, he seems to be the eloquent one

do you actually hold any substantial investments? pissed off because they are not performing?
 
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