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RE: Market Watch: Thin Ice!

in LeoFinance4 years ago

Yeah, hopefully no one on Hive is panicking... and just slowly accumulating regardless of what the current price is doing. Definitely agree on the zooming out practice, and your posts really help with that. Just for clarification... your Q1 is Jan-Mar, Q2 is Apr-Jun, etc? My work puts Q1 as Jun-Aug so I'm just constantly checking myself.

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Q1 is June?
Is that some south-hemisphere thing?
Is June winter? :D

Yeah, Australia's financial year is from July to June because we essentially take the entire month of January off as our summer holidays. June is winter so there's no better time than to warm yourself with financial year end spreadsheets.

That said... I work a lot with international companies who base their quarters off their biggest sales seasons... so sports apparel often start Q1 on the 1st of June which makes no sense to me at all.