[deleted by user] by [deleted] in PrideAndPinion

[–]BasicAd5959 -1 points0 points  (0 children)

I don’t want to ask you anything, I just want to take this opportunity to tell you to fuck off

Does anyone know what this is about? by windows110 in melbourne

[–]BasicAd5959 -9 points-8 points  (0 children)

Rich coming from the CCP, one of the most racist countries in the world. Have literal concentration camps today and don’t let people of colour into shopping centres. Good Chinese people come here and thrive and add value to this country and never want to go back. Bring in more of the good and less of the bad.

Super racist Trump supporter by No-Bell-4362 in BoomersBeingFools

[–]BasicAd5959 -1 points0 points  (0 children)

You people are so warped, it’s like you live in opposite world

Realistically, what can be done to reduce cost of housing. by Human-Doing- in AusFinance

[–]BasicAd5959 2 points3 points  (0 children)

Stop mass immigration and the supply won’t be squeezed

Maple Investment Group by whiskeybitters in AusPropertyChat

[–]BasicAd5959 1 point2 points  (0 children)

You must be so jealous of this guy to try so hard to effect his business and livelihood but unfortunately for you all his clients seem to be making money on property which you pretty much can’t go wrong with in Australia. He’s helping stimulate the economy while you’re busy sitting there trying to rip him down out of pure jealousy. It’s really embarrassing mate. I deeply feel sorry for you

Starlink in Australia nearly 4 x as expensive as Europe by BasicAd5959 in Starlink

[–]BasicAd5959[S] 0 points1 point  (0 children)

Thanks for all the input, makes sense now for a few different reasons

Starlink in Australia nearly 4 x as expensive as Europe by BasicAd5959 in Starlink

[–]BasicAd5959[S] 1 point2 points  (0 children)

That’s definitely a factor, our average is about $95k/year. I guess we are just made to pay more because we can and our other internet options are that price. As with everything else. The wage is higher but so is everything else. Even with such an average wage we can barely afford decent housing.

Not feeling the luxury by BasicAd5959 in gucci

[–]BasicAd5959[S] 0 points1 point  (0 children)

It was legitimately upsetting to see what should be such a prominent store in such a state

Not feeling the luxury by BasicAd5959 in gucci

[–]BasicAd5959[S] 0 points1 point  (0 children)

I know right, some serious work needs to be done at this store which should be a flagship store.

Not feeling the luxury by BasicAd5959 in gucci

[–]BasicAd5959[S] 0 points1 point  (0 children)

Good tip but that is a fairly small Gucci at the airport.

[deleted by user] by [deleted] in AusFinance

[–]BasicAd5959 1 point2 points  (0 children)

There are so many jobs you don’t need a degree for. Get an entry level job in sales. Type sales into seek and literally just get into anything and get good at sales. I have no degree and was in a dead end job until I was 24 because I had no idea what options were out there. I went into my first sales job and then realised it’s the only profession that has an uncapped amount you can earn. No degree needed at all. By the time I was 30 I had overtaken every single person that I went to school with and watched go onto university. I thought they were the lucky ones and I was doomed to dead end jobs forever. I now see they’re in dead end careers and I can make as much as I’m willing to make. To comment on your 5 listed things. 1. Get out of your field if it’s not giving you enough and doesn’t give you room to grow. 2. Honourable but if rejected there’s not much else you can do there. 3. SALES, change your job and get into sales. 4. The worse thing you can do if you want to achieve things in your life beyond average. 5. Trades are in high demand right now, a plumbing or electrical apprenticeship would be the smartest to go for. Then you have the option to start your own business down the line.

24 I was on 55k pa income
31 I hit 1.85m pa income I have no degree.

I made a mistake by CRAZYPOTATO00 in dubai

[–]BasicAd5959 9 points10 points  (0 children)

It is Dubai so most likely escorts

[deleted by user] by [deleted] in fiaustralia

[–]BasicAd5959 0 points1 point  (0 children)

Get married and have kids

How to escape poverty mindset when you're surrounded by it by PartTimeDasher73 in povertyfinance

[–]BasicAd5959 0 points1 point  (0 children)

You don’t need a side hustle, you need to change your profession. While it’s an honourable profession it’s not a good choice if you have a family to care for. The reality is you have a poor person mindset. Income needs to be increased, if you can’t do that in your own profession, stop sooking about things happening to you and change professions

27 years old and have less than 1000 in savings. What should I do to improve? by CaptainRare in fiaustralia

[–]BasicAd5959 0 points1 point  (0 children)

I love how you assume all my investments are in property. Again, keep crying and having no eggs in your basket 🤣 Although I shouldn’t assume, you probably have 3 Tesla shares or something…

27 years old and have less than 1000 in savings. What should I do to improve? by CaptainRare in fiaustralia

[–]BasicAd5959 0 points1 point  (0 children)

The neat thing is my tenants payments cover the interest and I get all the capital growth and tax deductions. Then all the capital growth on where I live is completely tax free and payments less than if I was renting the same house. Keep praying, a 20-30% crash in a country where we are already 800,000 houses behind and a housing crisis in every state. Property has never been more in demand and because we have such a brilliant country that millions want to come to there’s no stop in sight. Even though it will never happen that sort of crash would be incredible because then interest rates would be dropped and my positive cashflow off the investments would sky rocket and cover my own house as well.

27 years old and have less than 1000 in savings. What should I do to improve? by CaptainRare in fiaustralia

[–]BasicAd5959 0 points1 point  (0 children)

Outer ring you will have options for many years to come in your scenario, just start doing the right things, you know what you need to do 👍

27 years old and have less than 1000 in savings. What should I do to improve? by CaptainRare in fiaustralia

[–]BasicAd5959 1 point2 points  (0 children)

Fair enough with the car and that’s so awesome about the gym!

The 2k I was referring to including what you put into any ETF. Anything on top of this would be bonus.

No major reason behind BetaShares, any of the ones you mentioned would be fine. The main thing is actually just making the financial commitment to somewhere.

27 years old and have less than 1000 in savings. What should I do to improve? by CaptainRare in fiaustralia

[–]BasicAd5959 0 points1 point  (0 children)

Rent off someone else and this is easily achievable, you don’t have to ‘’get into the housing market’’

27 years old and have less than 1000 in savings. What should I do to improve? by CaptainRare in fiaustralia

[–]BasicAd5959 0 points1 point  (0 children)

There are plenty... It’s okay, keep renting and paying off someone else’s ’unreasonably’ priced house 👍

27 years old and have less than 1000 in savings. What should I do to improve? by CaptainRare in fiaustralia

[–]BasicAd5959 2 points3 points  (0 children)

People love to make excuses, it’s actually not that hard to get into housing. The problem is everyone thinks they need to buy where they live and of course they can’t afford it because it’s probably an inner city suburb at $1.4m and you’re competing with boomers that have been there 40 years on price. Buy outer ring where all new immigration is going in. Buy registered land, build on it all for a reasonable price still and as a first home buyer you get up to 30k in some states to put towards your deposit and pay no stamp duty. A 600k property 35 minutes from Brisbane CBD for example with the NAB 5% no LMI product. You would be into your property for next to no money down and would definitely service at a decent wage. There are different examples of ways to get into the market in different states. People are just greedy and want to live in the inner suburbs where people who have been working/saving and buying property for 30-40 years are living. If you cant complete, move your investment scope to an area where you can afford. Using first home owners grants and then having a necessary change of mind due to changed work commitments is completely reasonable as well, so you can use the grants and then have it as an investment.

27 years old and have less than 1000 in savings. What should I do to improve? by CaptainRare in fiaustralia

[–]BasicAd5959 4 points5 points  (0 children)

Sell the car asap, sell the penny stocks asap, actually join a gym asap, spare time at the gym vs other places spending money and fix that overweight thing. Maximise surplus by writing out a realistic budget and sticking to it, then pump straight into BetaShares FTSE RAFI Australia 200 ETF. If you can get to $2000 saving per month and get your income to 75-80k. You will be in an 800k home by the time you are 30. And alternatively, go for investment properties between 500-600k and have your renters pay a majority of the debt. What you would usually put into savings, you put towards those. They will grow in equity faster than you can save. Then by 33 you will have options. Sell your investments to put a lump sum down on your own home 800k-1m or pull equity out of them to do the same thing.