The totally off-topic thread

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My gallbladder saga appears to continue. I am now fairly sure I have a belly button hernia and will be calling my surgeon this morning for an appointment, hopefully he will say it is not the case, but I am as close to 100% sure that it is a hernia as I can be as a layperson.

Had my hernia operated on yesterday and just home from hospital. Not a big operation in the scheme of things.
 
Had my hernia operated on yesterday and just home from hospital. Not a big operation in the scheme of things.

It is a hernia, off for an ultrasound now. I have always been so healthy...until this year...
 
It is a hernia, off for an ultrasound now. I have always been so healthy...until this year...


My ultrasound was good, I'm not pregnant!!!

Seriously it gave the surgeon a great view and he scheduled the surgery quite quickly.

Now for a couple of weeks off work, the longest I've ever had off due to sick leave.
 
Good to hear things went well Hvr.

Now rest up and you will be back on deck soon :)
 
My ultrasound was good, I'm not pregnant!!!

Seriously it gave the surgeon a great view and he scheduled the surgery quite quickly.

Now for a couple of weeks off work, the longest I've ever had off due to sick leave.

good luck Hvr. hopefully all straight forward
 
Must be the time of year for things to break. I'm booked for an knee arthroscopy next week; and as no locum is available, all income ceases while I'm off my feet.
 
Does anyone here come from a big family or have one, i.e. more than 3 kids, perhaps all the same gender.

Yes, and No.
I'm an only child. I'm also the eldest of four. I'm also the eldest of six. And the second-youngest of seven.
 
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Your (lack of) attention to detail was evident in the maths thread, but do you perhaps mean the Nikkei 225? (And yes, I'm aware of pre-1986 nomenclature)

What are you claiming is at 17,148?

Play nice now! Perhaps send a stern email of to the NRI about calling it the Nikkei Dow, and one to Nikkei Inc for good measure as they use four or five different names for it even today. Although their legal disclaimer settles on this version:

Nikkei.png

That was supposed to be the Nikkei Average's level when I added the post (pity about the typo). Should have typed 19,148.

Nomura still refers to it as the Nikkei Dow in some of its reports.

Everything (and more) about its history can be found here:

Information - Nikkei Indexes


At its peak on Dec 29,1989 it hit a peak of 38,957 while the Dow Jones was at 2,753.2 points.

Today the Nikkei is at 19,737.64 and the DJ was at 17,515.42 at yesterday's close

Virtually every market strategist, stock broker, finance minister in the G20 was saying or agreeing in late 1989 that the Japanese Century was underway and the US was finished. Put your money into the Japanese market!

Just like the "Chinese century" of the last couple of years perhaps.

Last bit of trivia:

If Bell Group had continued its growth rate for the 5 years to Sept 30, 1987 for another 5 years it would have had to take over ever other company in Australia, the US and Europe.

Still its valuation was its valuation, fundamentals mean nothing when the bull is running rampant.

Holmes a Court was so confident that he was happy to sell way-out-of-the-money (10% below market) puts on it for a fraction of their theoretical price. Bad mistake for him but good for a large number of corporate super funds. BTW - Holmes a Court paid out on the exercised puts on time and by bank cheque whilst a very large Australian Life Insurance company failed settlement. The RBA reported it was the fastest ever 'expedited' drawing on a bank cheque in their history.

Funny how remembered (publicised) history can differ from the facts.
 
Using the KISS approach then:

vetrade said:
You need to appreciate that those billions are predominantly only "paper losses", JohnK.

Correct.

vetrade said:
In most cases the shares will regain their value over a variable period of time so anyone who does not sell when the price falls will recover the value in time.

... apart from when they don't. It's a bit like reading a chartist's report - 'the market will keep rising unless it breaks down'.

Not useful, especially if adjusted for the time value of money and from home currency perspective.

BHP getting back to levels in the late 90s previously reached in the late 70s early 80s was a paper loss over the near 20 yrs. Compared to what the money would have been worth if put into a Friendly Society Cash Bond (for example) it was a massive financial loss (Friendly Society Cash Bond outperformed by factor of 7). They generally paid no trail commissions etc so not pushed that much by financial planners or brokers. <Strangely enough, one that I managed had many directors of well known investment banks putting max amounts into them for years whilst their Fin Planning offshoots didn't recommend them. Go figure.>

The examples provided across different countries, asset classes and variable time periods were to illustrate that supposed 'growth' assets can be very bad investments for long periods as well as short ones.

True could have explained it more pointedly and concisely.
 
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Luckily it's not a hot summer day right now. Otherwise, nursing this leg rash at home would be hell. :(
 
That was supposed to be the Nikkei Average's level when I added the post (pity about the typo). Should have typed 19,148.

It wasn't near that level either. Which matters not the least, but the claim it was a mere typo is just a tad ingenuous.
 
Does anyone else have this problem.
In the past people if they wished to contact you would have to find you, then you could write to people, then the phone got invented, then obviously someone thought why don't we design a better way of communication using email.
In the past at work if someone tried to call you if you were busy the phone would be busy, so they might come and find you.
Now with email; you can't reach someone on the phone so you send an email, suddenly people can just keep sending you emails, but the sender doesn't already realized you got 560 emails in front of the new one that just arrived, and it doesn't stop.
You still have regular phone calls and the odd person still sends mail, but wait there is more; the boss thought phone, email and regular mail wasn't enough so now I have this stupid, livechat, which is linked to my computer and our company website.

I did update my recent flights on AFF flight tracker, I didn't include the DC3 flight I did around Auckland the previous weekend.
 
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