in

Losing $300K from the REMI collapse

#Finances #Collapse #HeiseSays
Investors are losing hundreds of thousands of dollars in the REMI capital collapse.

Twitch
https://www.twitch.tv/heisesays

Check out HeiseSays International
https://www.youtube.com/channel/UCojfY2lvCR0AQBsCkl4QURg

📝 Become a HeiseSays Member
https://www.youtube.com/channel/UCe9Q_WLN-Z9tLVLoDIY24pg/join

🎙My Kit
Rodes Podcaster – https://amzn.to/2IfOEVV
Logitech C920 HD Webcam – https://amzn.to/2Kh6UR5
Rode PSA1 Swivel Mount – https://amzn.to/2WI2DNl
Rode WS2 Microphone Windshield – https://amzn.to/2K9edI1
Stream Deck – https://amzn.to/364HDjO
Drawing Screen XP-PEN https://amzn.to/3wuuO05

Alternative Media Channels
Lbry – https://lbry.tv/@HeiseSays

Goldpass Email: (Donate Gold)
florian.heise@heise.com.au

Buy HeiseSays Merch
https://says.heise.com.au/shop/

🟠 Referral Links 🟠
Amazon Australia Link – https://amzn.to/2KHmtiv
AussieBroadband Referral Code – 1826841

Independent Reserve Referral Link
https://www.independentreserve.com/invite/SSEFMM

eBay Affiliate Link
https://rover.ebay.com/rover/1/705-53470-19255-0/1?mpre=https%3A%2F%2Fwww.ebay.com.au%2F&campid=5338609762&toolid=20008

📬 Postage
PO Box 3404 Sunnybank South QLD 4109

Read More:
Why Buildings Stand Up
https://amzn.to/2stNb5O
Why Buildings Fall Down Why Structures Fail
https://amzn.to/2RqpREZ
Great Streets
https://amzn.to/2YsORy0
A Pattern Language
https://amzn.to/2K7qA7B

Donate and support my content
Patreon – https://www.patreon.com/HeiseSays
PayPal – https://www.paypal.me/fheise

Social Media
Discord – https://discord.gg/uj9Y4sy
Facebook – https://fb.me/Heisesays
Twitter – https://twitter.com/FlorianHeiseAus

Heise Architecture
Our Architectural Practice.
http://www.heise.com.au/

Point Clouds Australia
Our Point Cloud Scanning and Equipment Hire business.
http://pca.heise.com.au/

Written by Heise Says

Comments

Leave a Reply
  1. The advantage with off set accounts, is the interest is tax free, if you put the same amount of money in shares, the return is taxable. If you have a mortgage, and some savings, offset accounts are the way to go for most people.

  2. Yeah … let's all agree to get arrested if we don't hand over over our own money under duress to banks / investment firms ???? Some Libertarian you are Heise. Go back to the drawing board. You sound like a card carrying authoritarian / commie.

  3. Good stuff again Florian, the reason the Victorian government felt committed to the Pyramid bail out was because the state treasurer Jolly sent letters to Pyramid account holders assuring them their money wàs safe after rumors of financial issues In the weeks leading up to the doors closing, the bail out came after multiple suicides by account holders and threats of lawsuits against the government.

  4. Whenever I hear the radio commercials for these investment companies play on the radio, the Estate Mortgage commercial with the giraffe eating leaves from the top of the tree plays in my head. That was 1990 and this isn't going to end any happier for these people than it did for the Estate Mortgage investors.

  5. Recovered from post GFC loss tens of thousands investments only just breaking even in early January 2022. I quickly diversified it all to protect it all from another GFC. Only lost a fifth of what I could have lost.

  6. A lot more to come the end result of super low cash rates and people searching for a reasonable return and not understanding the risk of investments, Back in the day when I had a 17% home loan I had a offset account when I set it up it was explained to me was the amount in the offset account would be deducted from the home loan before the interest was calculated. It didn't work that way they calculated the interest on the saving account at the savings rate and deducted that from the interest on the home loan, so I kept a small reserve in my savings and paid off the home loan as fast as possible that meant driving around in a old hand painted ute but a car loan was 32% and I refused to pay that.

Leave a Reply

Your email address will not be published.

Loading…

0