Cobra Make, Engine: Classic revival kit (CR3181), gen III engine, T56 6 speed box, AU XR8 lsd diff
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Latest reports from the IOC advised that a competitor at the recent Paralympics has had his medal stripped.
After all the reports where checked regarding Performance enhancing drugs
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They found traces of WD40
(probably very un PC, but what can I say, I am a redneck from out bush :P
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Cruising in 5th
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Never be afraid to do something new, Remember, Amateurs built the Ark: Professionals built the Titanic.
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Any-one got Kevin Rudd's phone number?.
Just had a call from my accountant to advise me exactly how much my super investments have lost in the past 6 months. Don't check yourself unless you want to spoil your day.
This is the compulsory component that is usually invested with some super fund trustee who is supposed to know what they are doing and who charge us fees for their services.
What gets me is that component of my investments is the ONLY part which has failed to make a return this year. In fact the reduction has wiped out all the returns from the past 5 years.
I know in time it will make a turnaround but hell, the investments I have made outside of this super have all returned a nice result, and I'm no investment guru.
Any-one wanna tell me why I should pay so much in fees to these twits only to get a negative result.
__________________ It's impossible to soar like an eagle when you're surrounded by turkeys.
Latest reports from the IOC advised that a competitor at the recent Paralympics has had his medal stripped.
After all the reports where checked regarding Performance enhancing drugs
.
.
.
.
.
.
.
.
.
.
.
.
.
They found traces of WD40
(probably very un PC, but what can I say, I am a redneck from out bush :P
Must have been pretty crook for you to remove something Dave
Les, basically anyone exposed to the share market has been hammered and it will get worse. Cash and gold bullion are about the only safe bets at the moment! Forget Rudd's handouts this week, we've got 2-3 years of pain ahead and a few grand extra here and there will do very little in the big scheme of things. That's the advice I'm hearing from banker friends and an analyst in a large firm. I feel really sorry for those about to retire - my friend's Mum lost an entire year's salary sacrifice to super last year and she is now looking to keep working well into her 60s.
Regarding super fees, move your super into an industry fund ASAP - you've seen the ads on TV! MTAA is a good one.
Cobra Make, Engine: RMC under re-construction, GenIV with tremec 600, Jag 3.31 L/S diff
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I'm not overly concerned Sambo.
My gripe is that these bluddy super companies charge fees to manage these funds. They should be cognitive of where the greatest returns are and to move funds to where ever they do most good.
Ie. As we know shares are currently volatile, so why should they not have moved the funds to cash investments. In other words, properly earn their fees.
As I said, I'm no professional investor but those investments I have outside of these trustees have performed much, much better than the professionals.
__________________ It's impossible to soar like an eagle when you're surrounded by turkeys.
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Share Trader
Quote:
Originally Posted by Rebel1
As I said, I'm no professional investor but those investments I have outside of these trustees have performed much, much better than the professionals.
Hey Les,
Did you hear abou the share trader on wall St who was asked after the market carnage how he was. "Terrible!" he replied. "It is worse than a divorce."
"How is that?" asked the journalist.
He replied "I have lost 1/2 my net worth AND I STILL HAVE my wife!"
Les remember it only took about 2 years to bounce back after the 1987 crash... So that should take you through to ... around 75???
Hang in there Les
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Quote:
Originally Posted by schipps
Hey Les,
Did you hear abou the share trader on wall St who was asked after the market carnage how he was. "Terrible!" he replied. "It is worse than a divorce."
"How is that?" asked the journalist.
He replied "I have lost 1/2 my net worth AND I STILL HAVE my wife!"
Hehehehe, now that's what I call good financial advice. My missus costs me an arm and leg and the return on investment seems to diminish the longer she's around.
Quote:
Originally Posted by schipps
Les remember it only took about 2 years to bounce back after the 1987 crash... So that should take you through to ... around 75???
Hang in there Les
regards
Mick
Mick, I feel better today ... I've just read what Marc Faber wrote in his June 2008 Boom, Gloom and Doom Report on the Bush bailout. I have edited it for local content. Quote:
"The federal government is sending pensioners a $1400 rebate. If they spend that money at Harvey Norman, the money goes to China. If they spend it on gasoline it goes to the Arabs.If they buy a computer it will go to India. If they purchase fruit and vegetables it will go to Mexico, Honduras and Guatemala. If they purchase a good car it will go to Germany. If they purchase useless crap it will go to Taiwan and none of it will help the Australian economy.
The only way to keep that money here at home is to spend it on prostitutes and xxxx beer, since these are the only products still produced in Oz. "
Now I'm no pensioner but I think I'll start doing my bit early and hope things get better for when I do retire....That's if I live that long.
__________________ It's impossible to soar like an eagle when you're surrounded by turkeys.
I've moved from investing in a share portfolio to investing in workshop machinery. Either option I won't have any money when I retire but at least with machinery I'll have something to do.
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Mike Murphy
Melbourne Australia
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Quote:
Originally Posted by trularin
So am I reading this correctly, the "Bundy Rum" is not good and the "xxxx beer" is okay?
That make sense.
Neither of them are any good trularin - since you're a long way away I'm sure you'll appreciate a cultural background briefing on Queensland where XXXX and Bundy are the two most popular drinks...
- The XXXX brewery was founded in about 1923 in the southern state of Victoria - the birthplace of all great beers - which was unfortunate for XXXX because it had to compete with them.
In 1924 production was moved to the northern state of Queensland where there was way too much sun and not much clean drinking water, naturally the Queenslanders were delighted with the new arrival of XXXX because a) they could finally spell beer and b) it tasted (marginally) better than an stagnant swamp water .
Consequently it has been a firm favorite ever since.
- Bundy Rum is a sickly sweet sugar cane by-product most often mixed with Coke and consumed by mullet wearing 'nancy boys' who cant drink beer (although if its XXXX....) and who's vocabulary is limited to 'Woooooooo' and who have only the wheel-craft to drive their Ute in circles on dirt (known as circlework) - frequently until it explodes.
wb ute
An anthropological examination of this sub-culture has been provided on You-Tube by 'BundyRumChic' if you care to look her up
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trularin, firstly you must understand that the further south from the Queensland border you go the less believable are the residents. They are a mislead mob prone to making gross rash statements. You might note that Mr. LoBelly hails from Victoria and that's wayyyyyy down south.
BMK used the words "south" and "bib and brace overalls" and those terms clearly describe the Victorian folk.
You'll note the over-engineered bull bar on the front of the blue ute. It is a Victorian registered ute. The reason for the heavy bar is that in the city any motorist turning right from a dual lane road must do so only from the left lane. So the bar helps in "moving aside" those motorists in the lane next to you.
It is also handy for protecting the ute from all those passengers who disembark from their trams right into the path of on-comming traffic.
Now, to give you the good oil on Bundy Rum and XXXX. Mr. LoBelly is correct in saying the Bundy is derived from the locally grown sugar cane. However it is a smooth full bodied rum that is, not only appreciated by Rum connoisseurs but also has proven medical properties. During the war diggers on the Kokoda trail used it as a repellant against malaria carrying mosquitos. It was also excellent to pour over their feet as a treatment for althletes foot. Surgeons used it in the operating theatre, not only as a anesthetic but also as an excellent anticeptic.
Of more modern times it is, as Mr. LoBelly said, sometimes mixed with coke but only to dilute the effects of the stuff. If it is taken straight with maybe the odd block of ice, then Victorian ladies tend to appear more attractive after no more than 2 glasses. Taken with coke the effects take a little longer to eventuate which gives the NSW ladies half a chance. Should it not be for Bundy Rum the "ladies" of Victoria and NSW would remain spinsters.
Now to XXXX, the nectar of the gods. Again Mr. LoBody has stretched the truth. Indeed it was moved from Victoria after 12 months but only because of the before mentioned condition of their rivers. An essential ingredient of a good beer is clean water. How do you draw water from mud?.
What the Victorians have done to supplement their shortage of water for brewing is to round up all the stray cats. They then train these cats to sit on those little bottles on the production line. What spills is then put into aluminium cans.
So there it is Trularin, believe who you want but before you believe any story told by an Australian I suggest you check from what State that person originates.
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