Search found 77 matches

by PXYC
Wed Apr 01, 2020 2:58 pm
Forum: Chile Crisis, Emergencies, Disasters
Topic: The Chile Economy, Social Crisis and Virus Impact
Replies: 446
Views: 34372

Re: The Chile Economy, Social Crisis and Virus Impact

I've been thinking about Chilean Isapres. Although I really am not an expert on their business model, I think they will have a very good Q2 and Q3 earnings and here is why: If your income is above a given treeshold, you have private health insurance, and knowing how thing works, you know that being ...
by PXYC
Tue Mar 31, 2020 12:40 pm
Forum: Chile Real Estate, Property, and Construction
Topic: Housing market situation
Replies: 484
Views: 41948

Re: Housing market situation

Following the online Remate Macal today.. Both these apartments in Providencia with a nice sqm but requiring some TLC sold by 7100UF, which converts to more or less 203 million pesos. What do you think? I see similar apartments selling new for 300 million pesos, so I'm not sure if these old appartme...
by PXYC
Mon Mar 23, 2020 10:58 pm
Forum: Chile Investment, business, and Money Issues
Topic: Market crash! We have another Black Monday
Replies: 109
Views: 7995

Re: Market crash! We have another Black Monday

Yea, I am in a holding pattern now. not investing until there is a clear light at the end of the tunnel. when there is a light, assuming I am not on respirator or in a box, I am seriously considering going all in on the recovery. Not just stocks either, real estate, whatever. I'm on the same page, ...
by PXYC
Thu Mar 19, 2020 10:28 pm
Forum: Living in Chile
Topic: The new constitutional vote and the social crisis
Replies: 430
Views: 31566

Re: The new constitutional vote and the social crisis

Again, according to the historical patterns in other developed countries it's a normal situation when electoralism has failed the people. I don't know if I totally understood what you mean here, but "inequality" is the most repeated word I hear on all political discussions since I've arrived to Chi...
by PXYC
Thu Mar 12, 2020 3:31 pm
Forum: Chile Investment, business, and Money Issues
Topic: Market crash! We have another Black Monday
Replies: 109
Views: 7995

Re: Market crash! We have another Black Monday

https://www.expansion.com/mercados/2020/03/12/5e6a3111468aeba8268b4588.html the very anticipated 12 March BCE communication didn't exacly brought us breaking news.. basically, UE will not lower interest rates (already at -0.5%), they will ease stress tests measures to eu banks, and they have increas...
by PXYC
Thu Mar 12, 2020 3:19 pm
Forum: Chile Crisis, Emergencies, Disasters
Topic: Corona Virus! (OLD)
Replies: 747
Views: 35922

Re: Corona Virus!

What a time to be alive (pun intended).
by PXYC
Wed Mar 11, 2020 2:17 pm
Forum: Chile Investment, business, and Money Issues
Topic: Market crash! We have another Black Monday
Replies: 109
Views: 7995

Re: Market crash! We have another Black Monday

I always look at a crash like this: If the market does not recover, and this time really is different, we all are going to have way bigger problems to worry about than what our stupid little stock portfolio is doing. I think the same, I don't care if my portfolio does not recover if I'm dead. I'm w...
by PXYC
Fri Mar 06, 2020 7:07 pm
Forum: Chile Crisis, Emergencies, Disasters
Topic: Corona Virus! (OLD)
Replies: 747
Views: 35922

Re: Corona Virus!

Funny trivia, but one of Portugal's patient zero is a Chilean guy, writer Luis Sepulveda - he was the first identified by media. He participated on a literary conference in Oporto and was later diagnosed after returning to Spain (where he is a resident). https://www.bbc.com/mundo/amp/noticias-americ...
by PXYC
Fri Mar 06, 2020 2:14 pm
Forum: Chile Crisis, Emergencies, Disasters
Topic: Corona Virus! (OLD)
Replies: 747
Views: 35922

Re: Corona Virus!

Peso at 832 today. Copper priced in dollars. Chile also lost the APEC conference and the environmental conference which ended up in spain. It's a tragedy. Talk about the baby with the bath water... I suspect we get a major selloff this afternoon, as no one wants to be holding a high risk position o...
by PXYC
Thu Mar 05, 2020 8:05 pm
Forum: Legal Issues
Topic: Do I want to be a Chilean?
Replies: 12
Views: 3242

Re: Do I want to be a Chilean?

CONs having Chilean citizenship: - if you are a citizen of Chile, you can't withdraw your AFP funds. note that retirement laws are likely to change (demographics, social crisis, political changes). PROs on having Chilean citizenship: - if you want to sell a house that you own, your profits will be ...
by PXYC
Thu Mar 05, 2020 3:08 pm
Forum: Legal Issues
Topic: Do I want to be a Chilean?
Replies: 12
Views: 3242

Re: Do I want to be a Chilean?

CONs having Chilean citizenship: - if you are a citizen of Chile, you can't withdraw your AFP funds. note that retirement laws are likely to change (demographics, social crisis, political changes). PROs on having Chilean citizenship: - if you want to sell a house that you own, your profits will be t...
by PXYC
Tue Mar 03, 2020 1:47 pm
Forum: Living in Chile
Topic: Plebiscite
Replies: 66
Views: 5513

Re: Plebiscite

My issue with this whole thing is that most of the things that people are complaining about are all defined and controlled by other laws, not the constitution. AFPs, Isapres, pensions, public transportation are all ruled by laws and decrees, not by the constitution. Thus, it's possible to change th...