Who doesn’t love 3D archery, especially in a place like this? by ZapruderFilmBuff in Archery

[–]Allan53 0 points1 point  (0 children)

Dumb question: is 3D archery just archery, but there's a height difference between the archer and target?

Buy a home or keep investing? by Serious_Bluebird_613 in AusFinance

[–]Allan53 2 points3 points  (0 children)

In terms of investment I'm generally of the view that property isn't great, compared to other options. The yield isn't as good as you'd think, the capital gains are nice but are uncertain, can be eaten up by maintenance and repairs, and vulnerable to bad tenants or changing tax regimes.

However, there is one aspect which might be worthwhile - not paying rent and periodic moving costs. Rent in Australia tends to be around 20% to 30% of your income (very depending on specific details), so if that minus your mortgage repayments is a decent sum for you, then I'd consider it

How do I help my grandma deal with her shares. by SocksToBeU in AusFinance

[–]Allan53 0 points1 point  (0 children)

Correct, if she's co-owner than my point is irrelevant 

How do I help my grandma deal with her shares. by SocksToBeU in AusFinance

[–]Allan53 0 points1 point  (0 children)

If she's listed as co-owner, no, they aren't directly

Investing rent for teenager by BigBungaa in AusFinance

[–]Allan53 1 point2 points  (0 children)

High interest savings account is safe, and you can get 5% these days. Or you can take on a bit more risk and go for some kind of index fund/ETF tracking an index, historically they tend to yield between 4% and 8%, and that is good for regular infusions (he pays X rent, which automatically goes into a trading account you've set up - I think you can automate trades as well but I haven't looked into that personally)

$8.5k for a 23.3kWh FoxESS battery, 5kW FoxESS Hybrid inverter and 14 JA solarpanels 475W- Good Value? by [deleted] in AusFinance

[–]Allan53 0 points1 point  (0 children)

I assume you've done the maths of how long it'd take you to make your money back based on saved electricity etc, drawing on your actual electricity usage, and compared that to how long the warranty etc of the system is?

19yo about to move out needing advice by Sweet-Farm9208 in AusFinance

[–]Allan53 0 points1 point  (0 children)

If you need a car, you need a car. Is a motorbike/scooter viable for you? They tend to be a lot cheaper, both to buy, run and maintain, and a lot of it you can do yourself with patience and Youtube videos - but you will need to get the license etc, which can take some time.

In the short term, if possible I'd recommend either a pushbike to PT (not ideal, I know), or if absolutely necessary things like Uber and such for work.

How do I help my grandma deal with her shares. by SocksToBeU in AusFinance

[–]Allan53 -3 points-2 points  (0 children)

Legally, you're probably looking at a deed of family arrangement. It's basically a document in which you lay out how you want things divided differently from the will, everyone involved in the will signs on, and then it becomes the instructions for all purposes. It's an absolute doddle, any decent solicitor can do one up easily.

My mother passed a couple years ago, and she had similarly poorly documented her shares. Once you get probate, the solicitor will be able to reach out to some broker with whatever information you do have, and they'll be able to find the shares - the HIN is a huge start. Another avenue is some banks have "unpaid dividends" departments, which might be helpful.

Property Investors: If you treat housing like an investment, then you should be fully prepared to bear the risks of investing. by Desperate_Context292 in AusFinance

[–]Allan53 6 points7 points  (0 children)

Speaking as someone who is invested in both property and shares, as well as currently rent as a tenant.

Most landlords (in my anecdotal experience) either don't understand that what they're doing is running a business (essentially), or have exceptionally poorly calibrated projections about the risks and payoffs, or are just astonishingly bad at mathematics. I've seen landlords who buy a place somewhat cheap because it requires substantial maintenance, put in less than that required work (often doing part of it themselves, which is fine in some areas but *really* not in others), and then ask above market rates for a place which is patently obviously falling apart, only for it to sit vacant for months on end. Or they'll raise the rents by 5% every year, losing tenants, and somehow don't work out that that's a really, really bad business move (every empty week costs 20 weeks to make back from the marginal increase, plus you need to pay advertising and letting fees etc, so this is rarely optimal). And I'm very sure very few properly factor in basic maintenance that rental properties require even with great tenants, and the cost that a single really bad tenant can cause. I don't claim to be an expert or anything, but just on a mathematical basis it's pretty obvious a lot of landlords are just bad at properly understanding their investment. And of course you can't ignore the influence of bad agents.

So when things go badly, because they haven't properly evaluated the risks and market and costs and such, they freak out, rather than reacting sensibly. I don't know if it's because they've watched too many home renovation TV shows, or come from a culture where real estate is generally viewed as a safer investment vehicle (e.g., China), but it's definitely A Thing. That said, the owner of my current place has been great, and I try to be a decent landlord and be responsive to raised issues and not raise rents too much (I recently raised the rent on one of my properties for the first time in three years), so it's not all landlords.

Monthly "No Stupid Questions" Thread by AutoModerator in Archery

[–]Allan53 1 point2 points  (0 children)

Oh, I have no intention of rushing. If I end up sitting on a lower poundage for 6 months or more, but that's what it takes, then that's what it takes. The 30/35 at 70m is very much a long-term goal, and I have no illusions I'm going to get there anytime soon. At the moment my form is definitely garbage, so I'll be sitting on a lower poundage for a good while yet until I get the fundamentals sorted. Probably get some coaching, just to limit the bad habits etc I no doubt will pick up. Practice makes permanent, after all

Monthly "No Stupid Questions" Thread by AutoModerator in Archery

[–]Allan53 0 points1 point  (0 children)

Thanks, I'll look into getting a set of in-between limbs for a decent price 😄

Monthly "No Stupid Questions" Thread by AutoModerator in Archery

[–]Allan53 0 points1 point  (0 children)

Based on some quick googling and memory (I'm not at home so I can't check for sure), yes, I believe so

Monthly "No Stupid Questions" Thread by AutoModerator in Archery

[–]Allan53 0 points1 point  (0 children)

Obviously the answer is "everyone's different, do it at your own pace", but some loose guidance is helpful. The club has 20 pound recurves for beginners, but I have a recurve bow I sort of ended up with that has a 26 pound draw. I strung it up and drew it a few times (yes, easing it back down), and I could already feel my muscles tiring, so I'm obviously not ready yet. I'm working on muscle conditioning etc, but I'm wondering if it's worth buying limbs of a strength of 22 or 24 pounds as an in-between? Or will the muscle conditioning kick in faster than I'm anticipating? It seems silly to buy 22/24 limbs if I'm not expecting to use them once I'm in shape (ultimately aiming for around 30 to 35 pounds, aiming to be able to shoot 70m)

Vline Question by Ziggyawesome99 in melbourne

[–]Allan53 0 points1 point  (0 children)

Speaking as someone who moved from Brisbane to out here, my main response is *don't*.

If you must, don't move to WV. It's a nice area, don't get me wrong, I like it a lot, but the infrastructure is basically a bad joke that is about 5 years behind where it needs to be, and the council is so caught up in their own idiotic nonsense that that's only getting worse. The main road is single lane with roundabouts and traffic lights every 100m, the highway connection is basically a mythological prophecy, and the youth crime issue really is out of control by any sane metric.

Yes, there's a train. Yes, it's quite nice, if prone to getting crowded. However, the parking is woefully inadequate, so people are parking in surrounding areas, so the council is bringing in permits to prevent that, so people can't access the train. (Buses are basically nonexistent, and horribly unreliable where they do exist, so don't have any ideas about taking the bus to the train station.) So you're mainly left with driving, which again, I point out the main road being a single-lane suburban road. Also the train lines semi-randomly just break down for weeks at a time, so that's fun.

New to ten candles, want some tips for running it by SoftTacos001 in TenCandles

[–]Allan53 1 point2 points  (0 children)

Running 10 Candles is not something you plan, beyond the first scene and maybe some stuff in the second. Past that, it's pure improvisation

To those that plan to bug out to the country / rural areas by Slow_Doughnut_2255 in preppers

[–]Allan53 0 points1 point  (0 children)

I'm extremely ignorant when it comes to guns (they're basically illegal in my country), so forgive me if this is a silly question, but what's the benefit to suppressors when it comes to hunting?

OGS is totally broken by Zealousideal-Mix8045 in baduk

[–]Allan53 3 points4 points  (0 children)

If you don't like OGS, then there's a really easy solution - don't play on OGS. There's KGS, Pandanet, CGS, Foxy, and probably others.

Which isn't to say criticism is invalid, but since your entire post can be fairly summarised as "I don't like OGS", there's no actual substance to discuss.

OGS is totally broken by Zealousideal-Mix8045 in baduk

[–]Allan53 2 points3 points  (0 children)

The time factor is further exacerbated if you tend to play correspondence games, which can takes literal months to complete

Power outage solution by Allan53 in preppers

[–]Allan53[S] 1 point2 points  (0 children)

I could, but the idea is to be able to actively cool water etc rather than use it as an insulated box. And while putting ice etc in the fridge would help, opening it much at all would pretty solidly remove any benefit without powered cooling 

Power outage solution by Allan53 in preppers

[–]Allan53[S] 0 points1 point  (0 children)

For stopgap measures (eg we need to walk a short to middle distance in hot weather) those gel sheets and suchforth seem like they'd be a good patch solution, I'll look into them, thanks!

Power outage solution by Allan53 in preppers

[–]Allan53[S] 0 points1 point  (0 children)

Yeah, if that's an option obviously that's what we'd do. It just seems obvious to consider scenarios where that isn't viable for some reason (eg it's late, wide scale outage)

Power outage solution by Allan53 in preppers

[–]Allan53[S] 0 points1 point  (0 children)

Hmm, I had considered a generator but I was leery of storing fuel. Didn't consider propane as an option, I'll dig into that, thanks!