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| Thread ID: 151002 | 2022-11-23 05:10:00 | I can't understand finances | kenj (9738) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 1489425 | 2022-11-23 05:10:00 | The Reserve Bank has just put the cash rate up by 3/4% saying that it is to stop spending which is causing inflation to rise! OK, but at times they give tax cuts, handouts and wage orders in order to stimulate the economy! Which one is right? Ken ;) |
kenj (9738) | ||
| 1489426 | 2022-11-24 02:48:00 | Neither. It's just capitalist games. | piroska (17583) | ||
| 1489427 | 2022-11-24 05:34:00 | Yes kenj, here's what should be happening: www.rnz.co.nz |
zqwerty (97) | ||
| 1489428 | 2022-11-24 07:05:00 | A lot of people have had trouble with banks and their grotesque profits. Our investments with these people have shown very poor returns. Especially those investment companies these banks recommend. The best advice given by the National government was to uptake shares in the three power companies a few years back. Great returns on these over the years. Shares now are just like property, who can afford them. A bloke in ChCh. has just received his first fortnight's super and reckons he is going to struggle, read that in today's The Press article. lurking. |
Lurking (218) | ||
| 1489429 | 2022-11-24 09:02:00 | The supermarkets have raised prices by between 10% to 20% on most goods as far as I can make out, their excuse is increase in transport costs due to increase in fuel prices. We are being severely ripped off just as the banks are doing as well. |
zqwerty (97) | ||
| 1489430 | 2022-11-24 17:41:00 | The Reserve Bank has just put the cash rate up by 3/4% saying that it is to stop spending which is causing inflation to rise! OK, but at times they give tax cuts, handouts and wage orders in order to stimulate the economy! Which one is right? Ken ;) Don't be concerned if you don't understand finance, the current government doesn't seem to either! |
CliveM (6007) | ||
| 1489431 | 2022-11-24 17:55:00 | Don't be concerned if you don't understand finance, the current government doesn't seem to either! Whew, that makes me feel better! Ken |
kenj (9738) | ||
| 1489432 | 2022-11-24 19:37:00 | Shares now are just like property, who can afford them. . Husband bought shares in the 80s, interest rates high but started to go down, so he thought best to move the money. Advice was Brierly, Goldcorp etc. Guess what he did with the share certs later? |
piroska (17583) | ||
| 1489433 | 2022-11-25 02:36:00 | Don't be concerned if you don't understand finance, the current government doesn't seem to either! Amen. |
WalOne (4202) | ||
| 1489434 | 2022-11-25 04:17:00 | Husband bought shares in the 80s, interest rates high but started to go down, so he thought best to move the money. Advice was Brierly, Goldcorp etc. Guess what he did with the share certs later? We bought shares in an IPO, a new oil company looking for oil in Taranaki, it fell over and we put them in a frame for a while. Must put those power share prices in the spread sheet tomorrow and see how they are doing, have not done that for some time. Should have bought some gold back in the 1970's at $300 and ounce, when told it would never fall in value, $1,750.00 in today's paper. But not as much as property, lol. lurking. |
Lurking (218) | ||
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