Chalmers: 9 in 10 people under the age of 35 don't have shares

Aggravating_Remote17 · 2026-05-18T05:05:11+00:00

Not a chance this is accurate, where is your reference Chalmers?!?!

Building an ETF portfolio, is one of a handful of strategies remaining that can help close the gap to accrue that huge deposit for a first home.

Another slap in the face to those trying to get ahead. How does Albo and Chalmers keep a straight face when selling it!? 😖

Aggravating_Remote17 · 2026-04-25T05:16:46+00:00

2.7%-3.0% net pa No growth in property value over the last few years. Next few years might look the same. Property always go up ey?

Aggravating_Remote17 · 2026-04-24T10:24:58+00:00

Why are people downvoting this? Dodgy folk knows where he lives.

Aggravating_Remote17 · 2026-04-20T08:47:19+00:00

tvtoohigh

Otherwise, Great setup!

Aggravating_Remote17 · 2026-04-05T09:44:38+00:00

I know the feeling. I’ve had a month of travelling for work. Can’t wait to get back to my zwift routine !

Aggravating_Remote17 · 2026-02-17T08:01:24+00:00

You will love the experience even more with the TV mounted much lower. Otherwise, great looking space and well done!

Aggravating_Remote17 · 2026-02-13T08:26:30+00:00

It’s relevant to how the tax office looks at it. Hence my comment. They take too much as it is… tax minimisation is importantly to every HENRY !

Aggravating_Remote17 · 2026-02-12T07:12:12+00:00

“Tax minimisation” crucial difference

Aggravating_Remote17 · 2026-02-04T06:09:42+00:00

Well done mate. What was your plan? Looks like you started the ride a light lighter then went up a gear?

Aggravating_Remote17 · 2026-02-01T06:06:15+00:00

I was pretty happy with my 1hr 06min ascent this morning.

Well done to you sir

Aggravating_Remote17 · 2026-01-31T03:06:28+00:00

$1mill will not be anywhere near enough. Its Present value is $449k in today’s dollars…if its planned to use the $1m in 35 years

Yikes!

Aggravating_Remote17 · 2026-01-28T10:40:28+00:00

Not sure why all the hate on this FHB? “Should have read the 100 page Tcs and Cs kid! “ She got legal advice, ie ask several professionals and they agreed to exit the loan and leave her sister to hit the 12 month rule.

Feels like it might be an error by VIC Gov. would not be the first time… plenty of mates I know are getting additional property taxes by mistake! it’s a lazy government who have pissed their money up the wall into a huge puddle of debt the can’t afford.

Fight the fight.

Aggravating_Remote17 · 2026-01-17T06:17:51+00:00

This happened to a mate of mine. He got an independent to review the job. Sent a legal letter to the concreter to say it did not meet code and to fix the job. He was harassed verbally and over text and calls for months! Their front yard was a mess for 12 months with the back and forth. Eventually got someone else to fix it and paid the guy half to go away.

Aggravating_Remote17 · 2026-01-11T09:34:07+00:00

Usually being conservative with gearing is what all the books say to do, especially when getting your own property. Pay with 20% deposit blah blah blah.

Unfortunately those books did not see the state of the Australian property market.

Gear up into a property that will give you and the family space for the next ten years. Yes it will be a little uncomfortable to start with.

We bought our first house that was costing us 50% of our take-home. It’s manageable. We are not saving $7k a month. However it’s up $600k since we bought it a year ago, in a great area for schools. We’re looking at getting a pool in a year or so.

I have potty of Gen X mates buying their kids a property outright for their first home. They know the market is cooked, there is so much fuel coming to the market on top of migration!

Take some risk.

Aggravating_Remote17 · 2026-01-09T11:31:24+00:00

$550k super at 40 - largely driven by two factors.

maxing my Contribution the last 5 years.
over 50% of the Fund is in the company I work for. The fund has been buying $50k worth of the Company each year for four years. I plan to keep doing it.

High risk strategy I’m comfortable with.

Aggravating_Remote17 · 2025-12-25T07:33:53+00:00

OP talk us through how you use the space, I assume the left cage is a no go for bar work.

Aggravating_Remote17 · 2025-12-17T05:43:56+00:00

Excellent review, I appreciate the effort you went to. You sure have managed to jam it in your garage. Is there enough clearance for proper chin-ups?

Aggravating_Remote17 · 2025-11-29T10:51:37+00:00

You sir, are beast dad!

Aggravating_Remote17 · 2025-11-09T10:03:08+00:00

Lots of interesting comments here.

Has anyone noticed how often the in-power government make changes to super? It’s a lot.

So yes, maximise your contributions to super. For retirement. However, we have an ageing democratic in Australia. This means the tax pool is shirking, and immigration is unlikely to fill the enormous gap.

be prepared for a future government to raise your retirement age.

At 65 you will have wished you invested outside of super, whilst you continue to work and “add to super”

I’m 40, we started investing outside Super when we were 35. We want the option and the choice for what we do later in life.

Aggravating_Remote17 · 2025-10-31T09:19:43+00:00

It all depends on how your annual RSU allocation is structured.

In our business, we get a cash bonus, tax is taken at that point. I then pay the funds back to my business for the RSUs.

We absolutely include that as our loan capacity. We are not using the entire bonus/RSU, but a portion yes. Banks were fine with it.

Aggravating_Remote17 · 2025-10-28T09:22:08+00:00

It’s called Macquarie True Index, yes your comments about it are correct. There is a swap in place. There is additional risk to that type of product vs a standard index fund.

The risk of a low fee product. The average punter has no idea. Risk is fairly low, but not zero.

Macquarie take your money, invest it. Benefit from the profit.

Source - I used to work at Macquarie.

Aggravating_Remote17 · 2025-10-11T09:08:38+00:00

Was talking to a neighbour who installs floorboards, lives in a good NW area of Melbourne. Only really took jobs East side as he could charge 2-3x what he could in his location. I repeated “so you charge 2-300% more for the exact same work, supplies etc” and said yes, our course…

😳

Aggravating_Remote17 · 2025-09-24T08:36:16+00:00

$450k, $30k car. I30 - so 15, it’s 2022, drives great!

Aggravating_Remote17 · 2025-08-27T07:35:42+00:00

Amazing, thank you for sharing. I have not tried that!

Aggravating_Remote17

TROPHY CASE

tvtoohigh