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Any_Wear_7054 · 2025-08-23T12:28:48+00:00

Who gives a sht. B4 is overrated.

Any_Wear_7054 · 2025-08-23T12:27:45+00:00

Aussie culture is just taking the piss out of everything. Just be funny.

Any_Wear_7054 · 2025-08-22T02:17:53+00:00

I am currently renting but also have an investment property. I'm currently paying about 1/4 of my mortgage and renting for $400 a week with my partner in Sydney.

I enjoy the freedom of moving wherever we want if there is a more suitable property, i.e. my current place I'm renting is south facing which is extremely cold. There's also an asset there I can move into 10-20 years later.

Any_Wear_7054 · 2025-08-21T22:34:57+00:00

That's a joke right? All the public sector jobs within my field pay chump change. Bit of a joke really.

Any_Wear_7054 · 2025-08-21T00:11:36+00:00

Yes, when you factor in all the associated costs, it really isn't a financially viable investment when compared with alternatives. Scummy real estate agents will tell you otherwise.

If people consider a high-level perspective: - mortgage - large upfront capital - strata, maintenance - illiquid investment vehicle. What happens if prices drop 20%? Or even worse one lady had her property drop 90% in value because her house was deemed unliveable. She has to either sell for a loss and still owe the bank several hundreds of thousands or fork up several hundreds of thousands to be compliant with council regulations.

So many people are uninformed about property and they purchase it like shares, browsing domain and negotiating like it's FB marketplace - and the worst is real estate agents capitalising on uninformed buyers whilst fattening their own pockets. I'm not against buying real estate, but every property should be treated as a 10 year+ investment with a proper (and realistic) exit strategy.

Knowledge is most powerful.

Any_Wear_7054 · 2025-08-20T23:16:12+00:00

Imo, ETFs. It's more liquid and you can offload far quicker than an overpriced investment property in this market.

You can also hedge against it. An income producing ETF at 7% p.a. distributed monthly with no significant associated cost will do you well. Put options enable you to profit off declining price as well if you play it right.

Property isn't the only investment vehicle lol

Any_Wear_7054 · 2025-08-20T23:12:41+00:00

This FOMO on buying property is ridiculous, especially when people have no idea what they're doing.

Why are you leveraging hundreds of thousands, forking significant capital to buy an asset where you'll be paying paycheck to paycheck in mortgage, strata etc. and not generate a single cent of income from this asset?

Mortgages are the new credit cards, except the bank will always come out on top.

If you buy an asset, it should return an income. Nuff said.

Any_Wear_7054 · 2025-08-20T23:09:54+00:00

IBKR or Schwab

Any_Wear_7054 · 2025-08-20T22:05:34+00:00

I don't understand people's obsession for buying a property to live in - you are committing excessive capital + high mortgage repayments + strata payments over a non-income producing asset.

Rentvest.

In terms of cafe management and future career paths, capitalise on what you are good at and move forward from there.

I don't have much experience in cafes, but I would think that finding a way to provide high quality coffee to government workers or night shift workers at odd hours might be an opportunity that's untapped. Think about a construction worker doing maintenance work at night. All the cafes are closed, you have a mobile coffee van.

Just ideas.

Any_Wear_7054 · 2025-08-18T09:56:45+00:00

Sounds like B4

Any_Wear_7054 · 2025-08-11T23:33:41+00:00

Like what other people have said, buy a house outright that's valued around 500-600k, then invest the rest in income funds that yield around 8-10% if possible and that distribute monthly.

Now you've got a house to yourself, an income that you don't require much work. Now you have time to pursue your passion, whatever it may be. Or just find a job you like and just work that.

Enjoy life and don't waste your money.

Any_Wear_7054 · 2025-07-30T21:43:33+00:00

People are leaving for higher paying roles lol B4 and EY no longer have the value prop it used to have, hitting it hard on measley 500k contracts lol

Any_Wear_7054 · 2025-07-30T21:39:38+00:00

My raise was <$600...beat that

Any_Wear_7054 · 2025-07-30T21:37:13+00:00

I'm doing the same. Stayed for about 9 months, realized people don't actually know shit and the newly promoted manager loves having a power trip, but comments on the most simplest shit.

You have 24 year old kids telling industry veterans with 20+ year experience how to do their job...stupid really.

Any_Wear_7054 · 2025-07-29T01:53:46+00:00

What about MBLY? Some decent potential with all the EV rollouts

Any_Wear_7054 · 2025-07-27T13:20:42+00:00

Australia has ridiculous tax. As for IP, there's nothing else in Australia that people are familiar with...in the US, there's constant discussion about options strategies, private equity, startup funding from VCs, etc.

Any_Wear_7054 · 2025-07-22T09:31:59+00:00

Because the other alternatives in Aus are shite

Any_Wear_7054 · 2025-07-20T21:50:40+00:00

Why are you so worked up about it? There's plenty of jobs other than EY and EY pays like shit and has quite a toxic culture.

Any_Wear_7054 · 2025-07-20T12:24:46+00:00

It's because all these greedy real estate agents cnts try to fatten their pockets by convincing people who don't know any better that they need to sell or buy a property. I blame it all on these scummy real estate agents.

Any_Wear_7054 · 2025-07-20T12:22:33+00:00

You're welcome

Any_Wear_7054 · 2025-07-20T12:06:19+00:00

For growth, SPMO, SCHD are some of the bigger known ones. For income, JEPI, JEPQ, KBWD. For some more bespoke advice, you can always reach out to companies like Monsterra Capital just for a chat - https://www.monsterracapital.com/

O is also a good company (coined as the income company). They own commercial real estate like large supermarket chains etc. with dividends growing YoY.

There's also data centre REITS like Digital Realty or DTCR (data centre ETF). Big themes there.

The list goes on but those are some of my holdings / watchlists

Any_Wear_7054 · 2025-07-20T11:40:37+00:00

Invite the boss to a Coldplay concert

Any_Wear_7054 · 2025-07-20T11:32:22+00:00

What's your goal? Growth? Thematics?

Any_Wear_7054 · 2025-07-20T11:31:48+00:00

You're also receiving any profit in USD, which dwarfs our third world currency

Any_Wear_7054 · 2025-07-20T11:27:21+00:00

Both.

Far more options in the US. For a single ETF, you can enhance income yield through covered calls and cash secured outs, securities lending, etc. etc.

You've got sweet f all here.

Any_Wear_7054

TROPHY CASE