List Mgmt. 2025 Trade/FA Thread

[manicpie]

Mortgage rates on my first house were 7.5%

It's really hard to remember to be honest but they certainly weren't 13% or over 10%

 

[sr36]

Happy hour $1 pots. That’s how we bought houses

There used to be a few places that did a happy hour with an hour of free beer. We had a Thursday night route that got you 3 hours of free beer, where the last place you'd stock pile them and were drinking warm flat free beer a couple of hours later.

 

[sideswipe]

However, in the good years leading up to the recession, interest rates on home loans would have been below 5%, whilst you were still getting 10% on savings, it had to come to a head

FFS this just didn't happen(unless you had previously locked a rate away). What you are describing is a risk-free arbitrage. It's an impossibility.

 

[Ludovico]

I can't stick around here, before I know it I will end up like you lot sitting on a porch complaining about kids these days and smoking Winnie Blues and talking about interest rates. I can't do that, I'm still young, with pinchable firm buttocks and a certain louche twinky grace. I'm not ready for dad bod.

 

[sideswipe]

There used to be a few places that did a happy hour with an hour of free beer. We had a Thursday night route that got you 3 hours of free beer, where the last place you'd stock pile them and were drinking warm flat free beer a couple of hours later.

My favourite happy hour had to be the Mosman Rowers. 70 cents off every drink. Those fools never worked out that clever Victorians drinking 7oz glasses were doing way better than stupid North Shore dickheads with their schooners.

 

[manicpie]

FFS this just didn't happen(unless you had previously locked a rate away). What you are describing is a risk-free arbitrage. It's an impossibility.

My apologies. I just remembered that we did lock in a rate for the mortgage. I'm going back a long time ago. Instead of being rude, why can't you talk with respect. You're still wrong about the interest rates, which I showed you proof for and was the jist of my post. Grannie just posted that her first loan was 7.5%, which you said had to be 13% or more. Either respond with respect or don't respond at all.

 

[sideswipe]

I can't stick around here, before I know it I will end up like you lot sitting on a porch complaining about kids these days and smoking Winnie Blues and talking about interest rates. I can't do that, I'm still young, with pinchable firm buttocks and a certain louche twinky grace. I'm not ready for dad bod.

There goes another kid with stars in his eyes who suddenly realised that he wasn't prepared to earn his sugar.

 

[leon123]

There used to be a few places that did a happy hour with an hour of free beer. We had a Thursday night route that got you 3 hours of free beer, where the last place you'd stock pile them and were drinking warm flat free beer a couple of hours later.

Geelong Bitter? (free stuff)... similar deal at the metro night club - $10 all you could drink

 

[leon123]

I can't stick around here, before I know it I will end up like you lot sitting on a porch complaining about kids these days and smoking Winnie Blues and talking about interest rates. I can't do that, I'm still young, with pinchable firm buttocks and a certain louche twinky grace. I'm not ready for dad bod.

You kids these days... soft, with ya blimey vapes.... we had bucket bongs

 

[Ludovico]

You kids these days... soft, with ya blimey vapes.... we had bucket bongs

Yes but be honest, the weed these days is about a hundred times more potent. If I bucket bonged the latest hydro like you decrepit old fossils I would wake up on Mars

 

[sideswipe]

My apologies. I just remembered that we did lock in a rate for the mortgage. I'm going back a long time ago. Instead of being rude, why can't you talk with respect. You're still wrong about the interest rates, which I showed you proof for and was the jist of my post. Grannie just posted that her first loan was 7.5%, which you said had to be 13% or more. Either respond with respect or don't respond at all.

Think I ran out of respect after about attempt number 10 at explaining the basic principle of bank funding. You still don't get it.

 

[leon123]

Yes but be honest, the weed these days is about a hundred times more potent. If I bucket bonged the latest hydro like you decrepit old fossils I would wake up on Mars

Gen X here, we invented hydro.

 

[MooreDaicos]

More expensive than an ounce of gold

1991, gold was the same price as an ounce of pot.

 

[manicpie]

Think I ran out of respect after about attempt number 10 at explaining the basic principle of bank funding. You still don't get it.

Are you seriously still holding on to that when I've given proof to the contrary. You need help I'm afraid. Might be best to stop responding to me because I have more important things to worry about than you

 

[sr36]

in the late 60's my parents bought a new housing commission place for 13k. they moved 60kms to find something they could afford which was a long way from Melb CBD. Dad was on about 2k a year. So roughly 6.5 x his wage.

Today you can get an entry level house and land package in the outer suburbs (from Bonnie Brook to Melton) from 500 - 650k. Roughly 5 x the ABS listed average income in 2025.

People don't want to live where they can afford.

I blame the anti-pineapple mother****ers. The whole country has become snobs. Too snobby to live in a daggy suburb. Pineapple in or on anything used to be fancy. And I still remember being blown away by a workplace that had blend 43 rather than international roast. Now no one will touch it.

 

[MooreDaicos]

Do you remember the cigarette called Kool?

They were revolting!

 

[sideswipe]

Are you seriously still holding on to that when I've given proof to the contrary. You need help I'm afraid. Might be best to stop responding to me because I have more important things to worry about than you

Dear manic, you have provided no such thing. That you think you have makes me sad for you.

 

[manicpie]

1991, gold was the same price as an ounce of pot.

Really, I was just guessing

 

[leon123]

They were revolting!

They were, but as a kid they tasted OK and had a cool name

 

[manicpie]

Dear manic, you have provided no such thing. That you think you have makes me sad for you.

At least it's better than being rude I suppose.

 

[sideswipe]

I blame the anti-pineapple mother****ers. The whole country has become snobs. Too snobby to live in a daggy suburb. Pineapple in or on anything used to be fancy. And I still remember being blown away by a workplace that had blend 43 rather than international roast. No no one will touch it.

Workplaces who treated their staff right had these

At least it's better than being rude I suppose.

Don't be a baby

 

[Tadpole]

A/S/L

Too old / no thanks / right here in front of the computer.

 

[Kirby]

It's just the weekly manic v sidey stoush. I'm sure he'll mellow once his golf improves

Well, that's not going to happen.

He's not even the best golfer in his house.

 

[NMBB]

...I'm still young, with pinchable firm buttocks..

I've been trying to work up the courage to ask my wife just how much my butt has shrunk recently because it feels like it's just about disappeared - it had shape back in the day

 

[MooreDaicos]

You kids these days... soft, with ya blimey vapes.... we had bucket bongs

My fav in my 20's