I am a Fool and cannot predict elections.

Well it's Sunday morning and we will have a new government. I was completely wrong when I predicted the Libs to win. They say that you get the politicians you deserve and I guess that as a nation we are going to get what we deserve. Look forward to a slow but steady erosion of living standards and very gradual but ever increasing control over how you choose to live your life.

Hassle Free Share Sales

Isn't this nice?

I recently acquired some shares through a demutualisation, recently a company called Hassle Free Share Sales wrote me a letter offering to buy the shares.

See they are offering me $854.00 for my shares and I don't have to pay brockerage. There is a second page to their letter though. The second letter tells me that the shares at the time of writing were worth $1680.00. In other words they are offering me a sum of slightly more than half of what the shares were worth. I know that this second letter is included due to changes in the law, but still I suppose that a lot of people would not read it properly.

Personally I have nothing against this sort of thing, if someone is stupid enough to sell an asset without knowing it's worth well they deserve what they get. Me.....well I will not accept their less than generous offer.

The Libs Will Win

Here it is -My prediction for the election. Rudd and Labor will lose, Australians cannot be fooled by such a smarmy, smirky, pretentious person, much less the platoon of 'true believers' and fools that he has backing him. I am no fan of the current government but the alternative is just too egregious to contemplate.