lowlifesphere » user profile
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| Member Since | 07/09/2016 |
|---|---|
| Last Seen | 8 hours 26 min |
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lowlifesphere commented on How Do I Cook Asian Food at Home?
Secret is sugar and msg.
lowlifesphere replied to 
kev98 on Coalition's Proposed Plan To Enable First Home Buyers to use Up to $50k in Super Towards House Deposits
kev98 on Coalition's Proposed Plan To Enable First Home Buyers to use Up to $50k in Super Towards House DepositsBecause there are 2 million property investors in Australia. 2 million voters can swing an election.
lowlifesphere replied to 
brendanm on Clive Palmer Right about Interest Rates (Well Half, but More than Other Pollies)
brendanm on Clive Palmer Right about Interest Rates (Well Half, but More than Other Pollies)Government can do anything with legislation. The rba is mandated by legislation.
This 0.25% signals the start of a tightening cycle, this isn’t a once off move.
That’s exactly what the fed is saying they will start doing next month with quantative tightening. Bank of Canada also announced...
lowlifesphere commented on The Monty Hall Problem, a fun little game
Choice 1: 33% chance of picking a door with a car Choice 2: 50% chance of car at current door and 50% chance it is at door 1.
lowlifesphere replied to 
usmanhafeez2000 on $1000 off Any iPhone 13, Max or Pro with a Telstra $99/Month 24 Month Plan (Min Cost $2376, Port-in & In-Store Only) @ JB Hi-Fi
usmanhafeez2000 on $1000 off Any iPhone 13, Max or Pro with a Telstra $99/Month 24 Month Plan (Min Cost $2376, Port-in & In-Store Only) @ JB Hi-FiThey were never free, costs have just become more transparent now.
depends on the etf, if you are focused on value stocks should be fine in high inflationary environment. If your etfs are momentum and...
If rates by any decent amount, not saying they will, will make bonds and cash more attractive and quickly pop the etf bubble monetary...
My point is the advertised 2% CPI is not what is felt in a standard Australian's wallet over the past year. Transport is up - used cars are...
The main aim of QE is to artificially lower yields. Assuming everyone’s income stays the same, with lower yields everyone can borrow more...
So interest rates do nothing? Lowering them has no impact on spending and raising them has no impact on spending? It isn’t a conspiracy....
Surprised to see many defending the RBA , ABS and the CPI calculation. The biases in the calculation are out of touch with reality. The...
isnt there a chance that you won't get any of your money back with these schemes? I know they have worked out for many over the past year...
Wrong, interest rates are part of the equation. Raising interest rates is not a silver bullet but is a tool that will result in easing of...
This isn’t some generic role. Seems like a good reason they’d want someone with African heritage to help troubled African refugees.
Parents with decent sized mortgages then sure, but I doubt there are many with paid off houses in the later end of their careers or near...
You assume parents who have paid off mortgages aren’t hesitant to hand over their deed back to the bank. I know family guarantors are a...
A lot of home owners (non investors) have been in the market long enough to not care if house prices fall 30% so long as if that means...
So if the average weekly grocery bill costs $500 and filling up a car with fuel costs $200 they’ll just fudge the numbers? People will be...
So how will they not let it happen? If inflation posed a threat they will have no choice.
It went up 20-30% in one year that’s the problem.
Do you know what else will bankrupt the whole country? If inflation gets out of hand.
Also tightening restrictions allows those saving for a deposit responsibly enough time to do so. In summary loosening lending just puts...
I change my mind you persuaded me initially but your argument ignores how changes to lending limits and mortgage rates cause transitory...
Demand is high yes and lower lending requirements won’t change demand. But it does change prices as everyone in the market has increased...
lowlifesphere commented on Why Are Houses So Expensive Here?
- Debasement of worldwide currencies through QE and super low interest rates. - Fear of missing out on a detached home, resulting in a lot...
No more government programs that heat the market No more interest only loans No more tax concessions for investors Raise rates to neutral...
lowlifesphere commented on Focal Clear Professional Open Back Headphones - $1199 Delivered (RRP $2199) @ Addicted to Audio
This or airpods max?
lowlifesphere commented on [Price Error] NED Australian Whisky 700mL x 6 Bottles $57.95 (Was $309.99) + $9 Shipping @ Liquorkart My Deal (Checkout)
You literally cannot sell alcohol for this price. Government taxes on abv.