Recent comments in /f/wallstreetbets

Fuego1050 OP t1_jeeu6rb wrote

Reply to comment by grimkhor in Canadian Securities Exchange to launch a senior listing tier for larger companies - Transition in May by Fuego1050

👍🏽 not for a lot of people - most blindly dismissing sector bc of how poor the equities have performed - but there is a real opportunity there as an emerging market over-taking a multi billion dollar illicit one.

Systematic elimination of custody has created absolute bargain barrel prices - but no one cares until the catalyst comes.

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W2ttsy t1_jeetq02 wrote

Reply to comment by Celtic_Legend in "No REALLY, we're doing fine" ~ every bank right now by JPowsSecretlover

Man what is going on with your banks where interest rates are still this low with such high inflation?

Here in Australia 4.25% is about the average savings interest you can get on any standard bank account. Higher if using fixed term deposits or saver accounts.

I mean I’ve got my money parked in an offset account on my mortgage netting me a guaranteed 6.09% return (more if there are further rate rises) and far less volatile than anything I could buy on the ASX or NASDAQ.

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erickssm t1_jeetpi2 wrote

Reply to comment by 2bits2many in "No REALLY, we're doing fine" ~ every bank right now by JPowsSecretlover

The OPs chart only shows the drawdowns in the data. That chart is designed for shock factor to scare people into thinking that there is something bad happening. The actual data from the FRED site shows the reality. It shows that all of the drawdowns are minuscule in the grand scheme of things. Bank deposits not only have continuously trended higher over time, the current draw down is a fraction of what was moved into deposits over the past couple years.

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Etheralto t1_jeetb2j wrote

Reply to OK analyst by Affectionate_Lab_425

The market makes no sense. I just buy calls in uptrend and puts in downtrends to collect free money regardless. The rest is noise.

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