7,630 reputation
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location Sydney, Australia
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visits member for 2 years, 9 months
seen 3 hours ago

2d
answered I'm 20 and starting to build up for my mortgage downpayment, where should I put my money for optimal growth?
Oct
29
reviewed No Action Needed How can I take out a personal loan as a minor with a co-signer other than my parents?
Oct
29
reviewed Close How do banks handle post-dated checks deposited via the ATM?
Oct
29
reviewed Close What is the connection between an investment tax credit and taxable income?
Oct
29
reviewed Approve suggested edit on What warnings would you tell a friend about to enter a multi-level marketing (MLM) business venture?
Oct
28
awarded  Notable Question
Oct
28
reviewed Approve suggested edit on How should my daughter give me money. Do I need to report it?
Oct
23
reviewed Reviewed How inflation in China makes real exchange rate between China and US to rise?
Oct
21
comment Why does shorting a call option have potential for unlimited loss?
+1 Nice answer Chris, I was about to write something very similar.
Oct
19
comment Value of put if underlying stays below strike?
@JoeTaxpayer - no I think the expiry is Jan 2015. Anyway, the question as it is not very clear.
Oct
19
comment Value of put if underlying stays below strike?
What is the strike of the put? $8.25 is quite expensive for a put price, is this supposed to be the strike price?
Oct
18
comment What are my investment options in Australia?
CFDs are Contracts For Difference, FX is Foreign Exchange (i.e. trading currencies), Futures - also called Futures Contract. You can also look these terms up on Investopedia, with your broker, on search engines or in investment and trading books. Like I said get yourself educated first before putting your money into something you don't understand.
Oct
18
answered What are my investment options in Australia?
Oct
18
reviewed Reviewed Loan for treatment
Oct
14
reviewed Close MintCoin App. Do we actually get money? Is it applicable outside US?
Oct
13
reviewed Approve suggested edit on How much should a 24 year old contribute to a pension?
Oct
12
comment Advantages/disadvantages of buying stocks on dips vs buying outright?
Yes that would be the better option. You would wait for it to hit or get very near and then rebound back up for confirmation. If it breaks and closes below the trend line then don't buy, as the uptrend might be over.
Oct
11
answered Advantages/disadvantages of buying stocks on dips vs buying outright?
Oct
10
comment Advantages/disadvantages of buying stocks on dips vs buying outright?
DCA does not work - what happens if the price falls to $1, or how about $0.10? If you bought a stock at $10 and are still looking to buy while it is still falling at $4 you are playing a losing game - for a crash of 60% there must be something seriously wrong with the stock. This could take years to recover (if it ever does recover) - in the mean time you could have invested your hard earned money into an investment that is actually rising and makes you money from day one.
Oct
10
reviewed Approve suggested edit on Margin Call Question