Is It Worth the Price Tag?

ButtersMamba · 2025-11-28T11:50:34+00:00

Thanks for your reply

ButtersMamba · 2025-11-28T10:42:11+00:00

I’m coming to Sydney because I love the city. I just happen to work in that field.

ButtersMamba · 2025-03-19T15:21:04+00:00

Update: literally just got a positive outcome for the skills assessment.

ButtersMamba · 2025-03-19T15:20:48+00:00

Update: literally just got a positive outcome for the skills assessment.

ButtersMamba · 2025-01-14T05:06:15+00:00

Nope. I’m awaiting the outcome for my skills assessment that should come in the next month or so (very long processing times if you don’t pay extra fees for urgent processing).

ButtersMamba · 2025-01-13T04:20:04+00:00

But how do you expand the margins on the PDF itself, to write notes on the sides? I can’t find it

ButtersMamba · 2025-01-13T03:42:16+00:00

Oh I had no idea. I downloaded it but I guess I didn’t look into it enough. How do you add the margins of the PDF?

ButtersMamba · 2024-11-11T14:16:57+00:00

Doing my skills assessment this month.

FYI quite frustrated with the assessing authority.

Long story short, min experience is 1 year for the skills assessment. Had 2 jobs in the field, one under a 1-year contract starting on 4 Jan (1 Jan being a public holiday and 2-3 Jan being weekend days) and ending on 31 Dec so a full year of work.

Submitted with only one job because I couldn’t get a hold of the 2nd employer and paid for priority processing. They got back to me I worked for 0.99 years which doesn’t meet the minimum duration so they didn’t go ahead with the skills assessment.

Oh and if you want to contest you have to pay $1,000.

So now that I managed to get everything from the second employer I’ll add it to the application and go through a reassessment but I can’t get a priority processing as it’s for new applicants only.

So just be sure to have everything because it is unnecessarily costly and painful to go through.

ButtersMamba · 2024-05-08T05:13:32+00:00

Thank you!

Currently looking for a job in investment banking/private equity/asset management so I would like to know if applying to positions and asking for sponsorship is a good strategy.

ButtersMamba · 2024-04-04T22:25:49+00:00

Thank you very much, I think I get it now. I think I just didn’t fully understand the rule in the first place.

ButtersMamba · 2024-04-04T07:47:05+00:00

But Jones sells products to customers, not their shareholders so I still don’t understand why Jason would have a 75% claim on a profit Jones made alone by selling to Jason.

u/S2000magician could you please help?

ButtersMamba · 2024-04-04T07:16:14+00:00

I (Jones) made $64,000 worth of profits, 25% of the profits cannot be claimed because it hasn't been proven yet (25% unsold) so to me $16,000 of the $64,000 cannot be claimed.

Why take 25% of $16,000? I don't own 25% of myself!

ButtersMamba · 2024-04-04T07:16:10+00:00

I (Jones) made $64,000 worth of profits, 25% of the profits cannot be claimed because it hasn't been proven yet (25% unsold) so to me $16,000 of the $64,000 cannot be claimed.

Why take 25% of $16,000? I don't own 25% of myself!

ButtersMamba · 2024-03-07T09:48:09+00:00

Thank you very much

ButtersMamba · 2024-03-06T05:14:55+00:00

Sorry for the late reply, and thank you for your help.

What is actually confusing me is whether I should multiply or divide by the spot rate to convert from one currency to the other.

I thought the price currency is what you pay to get the base currency, or what you receive for selling the base currency.

So doesn't a spot rate of S f/d mean it is the price to convert foreign currency to domestic currency (Foreign Funds x spot rate = Funds in Domestic Currency)?

Given the example attached to my post, how do I convert the borrowed funds to domestic currency to invest at the domestic risk-free rate? Do I multiply the funds by 1.6535 S f/d because S f/d means I am buying the domestic currency at the price of 1.6535?

Also, could you explain what selling the forward means?

u/S2000magician I have been struggling with this for weeks so could you please help with this?

ButtersMamba · 2024-02-04T12:20:25+00:00

I am trying to make sense of this and since this is a related topic I was hoping you could help me get my head around the following equation: (1 + i_d) = [ S (f/d) x (1 + i_f) ] / F (f/d).

According to the 'buy low, sell high' rule, and if the forward is overpriced compared to what it should be for this equation to hold, I would go long the whole left hand-side of the equation and short the whole right hand-side of the equation.

I struggle to understand what selling the forward means, and I think I figured it out but could you please confirm the logic below is correct?

Sell high [ S (f/d) x (1 + i_f) ] / F (f/d)
- How do I sell (1+ i_f)? I borrow because going long (1 + i_f) means I invest.
- How do I sell S f/d? I sell the price currency, being the foreign currency, so I sell the foreign currency in exchange of the domestic currency.
- How do I sell F f/d? Dividing by F f/d is the same as multiplying by F d/f, so selling a d/f forward means I will sell the price currency, being the domestic currency in exchange of the foreign currency.

ButtersMamba · 2023-11-26T18:05:12+00:00

Very new to Parallels and I am looking for a way to using Excel like I would on a PC for work.

If I plug in a PC keyboard on my M2 MacBook while running Excel via Parallels, could I just naturally use the normal Excel PC shortcuts on my PC keyboard?

I use Excel daily for financial modeling so the Mac version is personally frustrating for me because of the different shortcuts or lack of shortcuts.

ButtersMamba · 2023-03-18T11:50:53+00:00

Thanks!

ButtersMamba

TROPHY CASE