Cyprus-Forum.com

[Paphitis]

Pyrpolizer, the name of the game is to sell at a higher price than that paid. You appear to fixated by prices going back a year or more. Im just a down to earth speculator, I buy at a cent and sell for 2. I double my money. I will sell at 12 euros, will then be richer by 5000 euros. You want to learn about speculative trading, then contact me, but it will cost you a cool 10% of your profit. Conditions are attached of course. Will reveal later. In the meantime just watch and learn. Remember Ripple XRP ? This is one to watch also.

Not interested in gambling, sorry.

It isn't gambling.

the market outperforms property and land.

You can gamble if you want, but Blue Chip investing is not what you would call "gambling"

Money doubles every 5 to 7 years on average. It's a very valid investment strategy and Australians participate in a compulsory scheme of investing a portion of their income (10%) into Shares and those funds are currently worth more than the entire USA GDP.

This scheme was introduced by Paul Keating, and it was the smartest thing Australia did.

Can you actually comprehend that Australians have Trillions worth of invested funds which they will only be allowed to access at the age of 65? Do you understand how good that is for Australia and for the retiree?

For every $100 dollars earned by any citizen, they have $10 in shares. So from the age of 18, this $10 will be worth:

$20 by age 25
$40 by age 32
$80 by age 39
$160 by age 46
$320 by age 53
$640 by age 60
$1280 by age 67

Well, you may go ahead and "invest" all your money Paphitis.
I won't "invest" not even 1 cent.
Do you have a problem with that??

And that is why you will be poor in retirement on a crummy pension.

We got no choice. I was one of the lucky ones that got on the ground floor. Ever since I started working, I have been paying Super into this fund. In fact it is your employer that pays it.

If you sacrifice into it, you pay a reduced amount of tax and I do that - all the money goes into shares. I have been doing this for 25 years. In Australia, there are 14 year olds flipping burgers that own shares.

Do you know what the results are?

It has been outperforming property big time. The fund more than doubles every 5 years. It just snowballs and it keeps on snowballing. Paul Keating was a smart economist to do what he did for Australia is legendary.

If you think that is bad, then you are an idiot...

[Pyrpolizer]

How do you know they don't need Tom Tom?

How the hell can you make that assessment. Apple have taken over many businesses.

https://en.wikipedia.org/wiki/List_of_m ... s_by_Apple

Apple never said they are after a merger. It is a takeover, which is NOT a merger.

Because TomTom has only one thing they could possibly need. A maps base, which after already buying a huge part from them, they were not satisfied, and they already invested in doing it all from scratch by themselves.

[Paphitis]

How do you know they don't need Tom Tom?

How the hell can you make that assessment. Apple have taken over many businesses.

https://en.wikipedia.org/wiki/List_of_m ... s_by_Apple

Apple never said they are after a merger. It is a takeover, which is NOT a merger.

Because TomTom has only one thing they could possibly need. A maps base, which after already buying a huge part from them, they were not satisfied, and they already invested in doing it all from scratch by themselves.

Apple need it for their eco-system because Google/Android have Google maps.

And btw, it isn't just Apple lurking for Tom Tom. Daimler Benz, AUDI, BMW and Barclays Bank also want it.

So Milti is on a good wicket here because Tom Tom is going to get taken over by one of these giants.

Why? So they can install Tom Tom in their cars.

[Pyrpolizer]

Pyrpolizer, the name of the game is to sell at a higher price than that paid. You appear to fixated by prices going back a year or more. Im just a down to earth speculator, I buy at a cent and sell for 2. I double my money. I will sell at 12 euros, will then be richer by 5000 euros. You want to learn about speculative trading, then contact me, but it will cost you a cool 10% of your profit. Conditions are attached of course. Will reveal later. In the meantime just watch and learn. Remember Ripple XRP ? This is one to watch also.

Not interested in gambling, sorry.

It isn't gambling.

the market outperforms property and land.

You can gamble if you want, but Blue Chip investing is not what you would call "gambling"

Money doubles every 5 to 7 years on average. It's a very valid investment strategy and Australians participate in a compulsory scheme of investing a portion of their income (10%) into Shares and those funds are currently worth more than the entire USA GDP.

This scheme was introduced by Paul Keating, and it was the smartest thing Australia did.

Can you actually comprehend that Australians have Trillions worth of invested funds which they will only be allowed to access at the age of 65? Do you understand how good that is for Australia and for the retiree?

For every $100 dollars earned by any citizen, they have $10 in shares. So from the age of 18, this $10 will be worth:

$20 by age 25
$40 by age 32
$80 by age 39
$160 by age 46
$320 by age 53
$640 by age 60
$1280 by age 67

Well, you may go ahead and "invest" all your money Paphitis.
I won't "invest" not even 1 cent.
Do you have a problem with that??

And that is why you will be poor in retirement on a crummy pension.

We got no choice. I was one of the lucky ones that got on the ground floor. Ever since I started working, I have been paying Super into this fund. In fact it is your employer that pays it.

If you sacrifice into it, you pay a reduced amount of tax and I do that - all the money goes into shares. I have been doing this for 25 years. In Australia, there are 14 year olds flipping burgers that own shares.

Do you know what the results are?

It has been outperforming property big time. The fund more than doubles every 5 years. It just snowballs and it keeps on snowballing. Paul Keating was a smart economist to do what he did for Australia is legendary.

If you think that is bad, then you are an idiot...

We will see who the idiot is when the time comes to cash on your investment.
Exactly the same happened here when we were having tax releif from investing in life insurance+savings schemes. My brother had 20 of them. He expected to retire a millionaire. Ask him how much cash he can get now, and he won't say a word.

And btw stop calling everybody an idiot when you can't win an argument.
We already know you are the smartest person on this forum that can't let anyone have the last word...

[Paphitis]

We will see who the idiot is when the time comes to cash on your investment.
Exactly the same happened here when we were having tax releif from investing in life insurance+savings schemes. My brother had 20 of them. He expected to retire a millionaire. Ask him how much cash he can get now, and he won't say a word.

And btw stop calling everybody an idiot when you can't win an argument.
We already know you are the smartest person on this forum that can't let anyone have the last word...

The investment is managed by fund managers and it is usually in high value Blue Chip stocks.

In my case, 50% in the ASX300 and 50% into Dow Jones/NASDAQ companies.

I have seen crashed and corrections but the trend since I started working has been up. I still bot 25 years left and will see more crashes and corrections which does not worry me.

When it is time to cash in, I know I will be very happy.

The only time I may think of changing my risk profile is like within 5 years of retirement and you do that by switching to Gold, Cash in the Bank earning interest.

Yes you can buy Gold, Silver or virtually anything you like on the market.

If you strategy is long term, shares is the best way to go. It always has been.

I told you before, I would never touch the CySec with a 10 foot pole. ASX300/Dow Jones/Nasdaq and things like that. CySec no.

You don't have any liquidity and the market isn't anything like ASX and Dow Jones/NASDAQ.

Australia and USA are not Cyprus. Australia and USA are not a Banana Republic that nearly went tits up because of stupidity. Cyprus isn't a valid comparison to Australia or USA.

[miltiades]

Pyrpolizer, the name of the game is to sell at a higher price than that paid. You appear to fixated by prices going back a year or more. Im just a down to earth speculator, I buy at a cent and sell for 2. I double my money. I will sell at 12 euros, will then be richer by 5000 euros. You want to learn about speculative trading, then contact me, but it will cost you a cool 10% of your profit. Conditions are attached of course. Will reveal later. In the meantime just watch and learn. Remember Ripple XRP ? This is one to watch also.

Not interested in gambling, sorry. [/quote
Unlike gambling that relies exclusively on luck? Trading requires research plenty of it.
Knowing the company's true value and not just MC, knowing and watching trading volume and knowing the average daily amount is a must. I do not gamble, I speculate "calculatively" I set my Sell point whether up or down, I do not do blue chip stocks, I read, I listen , I listen and then I act.
Im telling you now that by this coming Thursday Tomtom will rise substantially.
Could I be wrong ? Of course , but not on this, Im running short of ....wine !!
Remember I have tipped Ripple XRP.
Not one for a quick in and out trip but one to sit on for a least a year.

[Pyrpolizer]

Unlike gambling that relies exclusively on luck? Trading requires research plenty of it.
Knowing the company's true value and not just MC, knowing and watching trading volume and knowing the average daily amount is a must. I do not gamble, I speculate "calculatively" I set my Sell point whether up or down, I do not do blue chip stocks, I read, I listen , I listen and then I act.
Im telling you now that by this coming Thursday Tomtom will rise substantially.
Could I be wrong ? Of course , but not on this, Im running short of ....wine !!
Remember I have tipped Ripple XRP.
Not one for a quick in and out trip but one to sit on for a least a year.

Erm... not exactly. In fact most gambling activities include both luck and skill. E.g. Poker.
It's still classified as gambling though.

[Paphitis]

Unlike gambling that relies exclusively on luck? Trading requires research plenty of it.
Knowing the company's true value and not just MC, knowing and watching trading volume and knowing the average daily amount is a must. I do not gamble, I speculate "calculatively" I set my Sell point whether up or down, I do not do blue chip stocks, I read, I listen , I listen and then I act.
Im telling you now that by this coming Thursday Tomtom will rise substantially.
Could I be wrong ? Of course , but not on this, Im running short of ....wine !!
Remember I have tipped Ripple XRP.
Not one for a quick in and out trip but one to sit on for a least a year.

Erm... not exactly. In fact most gambling activities include both luck and skill. E.g. Poker.
It's still classified as gambling though.

No it isn't.

Stock Market is a valid financial industry that is regulated by the Governments Financial Services Act and the Securities and Investments Commission.

Buying shares is like buying a stake in a valid business entity and going concern and you also get voting rights at the AGM. You also have a share in the profits in the form of a dividend payment that is franked (company tax already paid for you by the company).

It isn't gambling.

[miltiades]

Well said ....mate!!

[Pyrpolizer]

Unlike gambling that relies exclusively on luck? Trading requires research plenty of it.
Knowing the company's true value and not just MC, knowing and watching trading volume and knowing the average daily amount is a must. I do not gamble, I speculate "calculatively" I set my Sell point whether up or down, I do not do blue chip stocks, I read, I listen , I listen and then I act.
Im telling you now that by this coming Thursday Tomtom will rise substantially.
Could I be wrong ? Of course , but not on this, Im running short of ....wine !!
Remember I have tipped Ripple XRP.
Not one for a quick in and out trip but one to sit on for a least a year.

Erm... not exactly. In fact most gambling activities include both luck and skill. E.g. Poker.
It's still classified as gambling though.

No it isn't.

Stock Market is a valid financial industry that is regulated by the Governments Financial Services Act and the Securities and Investments Commission.

Buying shares is like buying a stake in a valid business entity and going concern and you also get voting rights at the AGM. You also have a share in the profits in the form of a dividend payment that is franked (company tax already paid for you by the company).

It isn't gambling.

Like I said if you think it's not gambling, you together with Milti may join forces and "invest" all your money in the Stock markets. Do all the study you like and then "invest".
For me it's a high risk-low reward activity, and if not technically classified as gambling, imo it's close enough to keep me out of it.