Author: Casual Financial

The Casual Link to Opportunity

Beware ICO’s – Speculator Caveat Emptor

Beware ICO’s – Speculator Caveat Emptor Summary: ICO’s are virtually worthless; and Caveat Emptor, Latin: “buyer beware” (no recourse, no refunds, no protection, at buyer’s risk). Utility tokens might only be useful in a closed ecosystem, and can’t actually buy anything with them, so they are illiquid, are not a store of value, and worthless.…
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18 May 2018 0

Interest rates can and will rise

Key Take Away: Interest rates can and will rise. Property prices will be affected (downwards pressure). Mortgage stressed households may lose their homes. Property investors may be forced to sell. Equities (shares) will be affected (downwards pressure).   Key link: http://mobile.abc.net.au/news/2018-04-09/why-mortgage-rates-could-rise/9631950?pfmredir=sm&sf186514567=1&smid=Page:%20ABC%20News-Facebook_Organic&WT.tsrc=Facebook_Organic Key terms: RBA: Reserve bank of Australia The Fed: Federal Reserve, the reserve bank…
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10 April 2018 0

FX: How currencies like the USD are no longer correlating with the usual indicators of interest rates, bonds, risk on/off sentiment.

FX: Back to the 1980’s – How currencies are no longer correlating with the usual indicators Reference Link:  http://www.afr.com/markets/for-foreign-exchange-traders-the-80s-are-back-20180306-h0x4f2    Blog Summary: Usual predictors of FX movements not consistent Would expect the USD to be higher compared with AUD and JPY but it isn’t Risk on/risk off market behaviour has changed Key Questions: Why is the…
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12 March 2018 0

Fundamentals don’t matter – when the hot new thing is block chain

Fundamentals don’t matter – when the hot new thing is Block Chain These stocks going nuts over block chain announcements. Like the dot.com boom, any company making some announcement about the hot new thing (internet, block chain, pot etc) is experiencing massive swings. Here are some examples to look at. The swings are staggering. https://www.marketwatch.com/story/here-are-seven-new-bitcoin-related-stocks-most-are-bonkers-2017-12-21?siteid=rss&rss=1&link=sfmw_fb    When…
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24 December 2017 0

What goes up, can also go down – Crypto-asset sell off

What goes up, can also go down – Crypto-asset sell off All that glitters is not gold, all that is blockchain is not a sure way to riches. https://www.forbes.com/sites/jessedamiani/2017/12/22/6-possible-explanations-why-bitcoin-and-cryptocurrency-prices-dropped-so-low-yesterday/#7f5d66333e2e Do not over expose yourself to these volatile fluctuations. The issues still remain on if you can actually get any or much use out of crypto-assets.


24 December 2017 0

Pot Stocks rush is crowded

Pot Stocks rush is crowded Its been a good year for many of the ASX listed pot stocks, of you got in low and sold high. However there are now 20 listed pot stocks. Its a crowded market and limited demand for medical cannabis. https://thenewdaily.com.au/money/2017/12/22/australia-medicinal-cannabis-oversupply/?utm_source=Responsys&utm_medium=email&utm_campaign=20171223_Saturday   Investors may be predicting a move in Australia like…
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24 December 2017 0

Are you too exposed to highly leveraged residential property?

Are you too exposed to highly leveraged residential property? Key article: http://www.smh.com.au/business/the-economy/australia-faces-housing-hangover-twice-the-size-of-the-gfc-subprime-era-20171123-gzrwn4.html With over exposure to highly leveraged residential housing, the highest globally, Australians are both under-assessing the risks of a housing downturn and missing out on diversified growth opportunities. To discuss this issue, and investment banking opportunities.   This is not just a problem for…
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30 November 2017 3

Central bank backed digital fiat currencies and crypto-assets

Central bank backed digital fiat currencies and crypto-assets This article is worth a read: http://www.afr.com/technology/cryptocurrency-speculating-on-the-future-of-money-20171025-gz831a#ixzz4wqPatVHK   In a nutsehell: Bitcoin is a store of value Fiat currencies are not going away Central banks looking at creating digital currencies to emulate features of Bitcoin Unstable economies like Venezuala, interesting test case for crypto-assets. Few people want…
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30 November 2017 0

Bitcoin, central banks, wider application or tumble

Bitcoin, central banks, wider application or tumble Meme of the day: Bitcoin (BTC:USD) Currently exceeding US$7,000 each, but you still can’t impress your new friends by buying them a drink at a bar (yet). Bitcoin has had a phenomenal rise in 2017. Recently trading at $US7112.56 per coin. The fundamentals are uncertain but market euphoria…
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8 November 2017 0

3 months of notable movements in the AUD, NZD, CAD and USD

Have you also noticed in the past 3 months big movements in the AUD, NZD, CAD and USD? AUD has gone from low USD$0.76~ to just over USD$0.82~ and back again. NZD has moved up to USD$0.76~ and now down to USD$0.68~ CAD has gone from USD$1.26~ up to USD$1.21~ and back again. Here is…
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26 October 2017 0