ASX

[Booney]

ASX falling to pieces on the back of Chinese group Evergrande looking like defaulting on $300bn (US) of debt.

Iron ore prices plummeting, this is going to be a big one....

[stan]

ASX falling to pieces on the back of Chinese group Evergrande looking like defaulting on $300bn (US) of debt.

Iron ore prices plummeting, this is going to be a big one....

Interesting to see what happens with this one.

[dedja]

Has been going up and down like a yo-yo the past week … daily swings of 1%

Hang on to your hat!

[whufc]

ASX falling to pieces on the back of Chinese group Evergrande looking like defaulting on $300bn (US) of debt.

Iron ore prices plummeting, this is going to be a big one....

Excuse my lack of financial intellect. What does this mean for the average punter trying to live a normal life?

[dedja]

ASX falling to pieces on the back of Chinese group Evergrande looking like defaulting on $300bn (US) of debt.

Iron ore prices plummeting, this is going to be a big one....

Excuse my lack of financial intellect. What does this mean for the average punter trying to live a normal life?

For some of us who are … um … nearing … um … getting on … we like to see our Super balances increase or have something in them when we want to take some out.

[Brodlach]

My Super lost 5.6% in a week.

Had a few good years so cannot complain too much. I’m sure it will bounce back

[Trader]

ASX falling to pieces on the back of Chinese group Evergrande looking like defaulting on $300bn (US) of debt.

Iron ore prices plummeting, this is going to be a big one....

Excuse my lack of financial intellect. What does this mean for the average punter trying to live a normal life?

It was 4 years ago, don't worry about it.

[whufc]

ASX falling to pieces on the back of Chinese group Evergrande looking like defaulting on $300bn (US) of debt.

Iron ore prices plummeting, this is going to be a big one....

Excuse my lack of financial intellect. What does this mean for the average punter trying to live a normal life?

It was 4 years ago, don't worry about it.

That's about the standard time it takes for global events to reach Spalding.

[Jimmy_041]

I joined share group
You would have seen it - purporting to be Tom Piotrowski
There some pretty suss people in it making out they are punters but they are in on it
So far they have recommended 3 US shares - all have gone up 25% - 50%
I am still trying to work out what their scam is: I reckon they buy the shares then tell the group to buy so they get the rise
The current share is DOGZ
I cannot believe what some people post in the Whatsapp group. Basically posting all sorts of personal information like share and bank account numbers.

I will keep you informed.

[Jimmy_041]

Update

So, I ended up buying DOGZ @$11
It closed at $11.42 last night so up about 4%

It's been quite interesting how much pressure these people put on you to invest.
Like "The Daily Reckoning" they bombard you with information.
No-one could spend their day writing a thousand word so it must be AI although TDR have been doing it for years pre-AI

Anyway, Tom Piotrowski came up with their 9th pick this year: PSIG
Being a bit of a punter, last night I bought them at $4...............

Nek minnut..................

PSIG.png (5.75 KiB) Viewed 86 times

I also bought LHAI at $12.20 last Thursday based on another share spruikers tip............

LHAI.png (8.57 KiB) Viewed 86 times

The trick is when to pull out
I have put a stop loss on both of them

[Jimmy_041]

For the Tom Piotrowski scam (sorry; scheme) they want 5% of your profit after +110% gain. That seems fair.
I am still skeptical so placing stop losses every night to lock in profits

[am Bays]

U
The trick is when to pull out

A timeless question...

[dedja]

U
The trick is when to pull out

A timeless question...

You got to know when to hold 'em
Know when to fold 'em
Know when to walk away
And know when to run