Not sure if any other people who have TastyTrade profiles are getting these account locked messages (Doesn’t look like it’s widely reported if at all). Really unsure what those people whom are trying to gain access are even hoping to find. I don’t even have any money with TastyTrade let alone an active trading account.

Had contacted TastyTrade support before about the alleged repeated attempts to gain access but found the response a little non-committal instead assuring me that my profile was somehow safe. Recalled they declined my request to delete my profile/account with them for some reason I’m not quite clear about.

If a TastyTrade Rep would like to contact me to discuss the matter, they are welcome to. For now, I’m not going to waste anymore time – Have resorted to filtering the messages.

My Feeling is the same as it was in 2012, If one needs a house to live in and it looks like one is in a position to finance it (with a buffer one would deem comfortable) then by all means, I would look to buy a home.

Attempting to “time the market” is at best difficult if not impossible. I can’t say what would happen in the next few years. For all I know, we could have a volcano blow up under Auckland or another equally unforeseen disruptive event and houses prices could then crash through the floor. At the moment, all the information I’ve seen around the place suggests that house prices are on track for single digit percentage gains across the board in New Zealand for the next year or two, but I reiterate, who the freak knows in this bizarre market, particularly given the distortive effects of a decade of seemingly endless and inefficiency encouraging “stimulus” Continue reading “If you want to buy a home to live in, then buy one” →

Please note, As always, These are my own personal (non-expert) opinions and should under no circumstances be purported as fact

I’m going to be direct, the Australian Securities and Investments Commission (ASIC) have in my own personal (non-expert) opinion been derelict in their duty to oversee and enforce financial regulations. May be it’s not entirely their fault, I wouldn’t know, all I know is that there is a proliferation of dodgy investment products being promoted on Australian Shores by way of high pressure cold calls to prospective investors.

In my own personal mind, It beggars belief that outfits such as World Binary Exchange (WBE) among others have been allowed to continue to promote their services from Australia to Australians and beyond (in my case, living in New Zealand) without an Australian Financial Services Licence (AFSL) for as long as they have.

I recall being contacted by this Entity (being World Binary Exchange) several times about a year ago engaging in what I feel was some pretty high pressure cold calling to try and sign me on to some unusual product trial. I told them I wasn’t interested and then blocked their number (with multiple attempts recorded). Continue reading “Binary Options Warning + ineffectual ASIC supervision and enforcement” →