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The current economic situation has been clouded by record immigration. If you read Macro Business you will hear a bit more truth than the bs that our political folk are spruiking. Many citizens are now facing a big downturn in their financial positions. I do hope the dopey idea of Australia...

It is short sellers getting active in our over priced market.

Trying to stop devaluations is worth a shot.

Woodside is being affected by the oil price declining. China demand has eased with their manufacturing going backwards.

In Singapore with SQ I enjoy PH Rare. In the air I go Krug. We had a Leeuwin Estate Cab Sav and my taste buds thought it was pretty good.

Well tonight the US market got hit by more sellers than buyers so expect a tough day here in Australia.

We are about to get deluged with mostly franked dividends in the next 30 days. Figuring out how to invest this cash flow is often rather difficult. We won’t buy any more of the big 5 banks now that they are all priced as if they are about to double last years profits. With a chunk of their...

I tried to move from business to first but could not get it done with QF nor AA. It was like going around in circles. Any way the business class ride on AA went ok.

Some time ago we started doing AAMiles as Christmas presents by buying them on 100% promo around Thanksgiving. Was surprised that one ran out of Miles just over half way into the year.. May have created a problem but it is only money.

That is quite ok @Flyfrequently . We now call this SKI -ing which is Spending Kids Inheritance and it doesn't hurt a bit.

Had an auto pay fail on two new credit cards in the US. It took two phone calls to fix them. We have had Amex cards since 1979 and this was a first fail.

We put some funds into bank capital notes to get between 7% and 8% as a just in case scenario. On Friday I was happy with reports from Acumentis and Energy Action. Was unhappy with a gold mine being stopped in NSW. Meanwhile it looks like Australia may experience more hot weather than last year...

Have had success with Waterco which has been a five timeser so that has put a smile on my face. GUD said that they wanted to buy our business then wasted our time. I was pleased Waterco was able to buy Davey Pumps off GUD and then start fixing it quickly.

Saw Lovisa had a gross profit on sales of more than 80%. Buy low and sell high…..Then Adairs is at 60% gross profit on sales…. We did ok with reporting season but we always have laggards and failures. Dumped APM and Calidus and Booktopia went bust. Failures make us certain that we are not gurus...

Well @prozac why not buy a Big Dogs Tee shirt to help you handle doing nothing. Time well wasted or something like that….

We are already in a few clubs with BankWest, WACA, Fremantle Dockers, Fever. West Coast Eagles for starters.

Drove past it today and the Hyatt name is still there. We were Club at the Hyatt members from 1994 until the club closed along with a group of friends. No more big parties there for us but we have the great memories. The parking was so easy. Now we go to the Treasury Como as we bought a pile of...

Treasury Wines are going further upmarket with their Penfolds wines and pricing.

The Reserve Bank Governor may have trashed the next weeks share market by saying no cut anticipated in interest rates this year. Chinese steel mills are having issues with profitability and iron ore has dropped 8% so far this week. Gold tonight in the US has gone for a good run to be well over...

With our business growing and me flying to the US or Europe I started making quite a few loyalty points. Then in 1994 I had heart bypass surgery and that fast forwarded life in business class travel. We bought apartments in Sydney and Melbourne and used points to get there in business class...