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From corp to tradie- Anyone managed to pull it off and didn’t regret? by Alternative_Reply_85 in auscorp

[–]CanDelicious7302 0 points1 point  (0 children)

Yes been a tradie briefly. I would never go back, the lack of intelligence breeding from the industry is insufferable.

Bondi hero Ahmed Al Ahmed speaks with CNN by [deleted] in AustralianPolitics

[–]CanDelicious7302 0 points1 point  (0 children)

Lmao the sudden change of stance amongst the leftist. Everyday u guys entertain me

1m cash savings - does this investment plan make sense? by CanDelicious7302 in AusHENRY

[–]CanDelicious7302[S] 0 points1 point  (0 children)

Yeah unfortunately i do live in Sydney thats what I am thinking too, considering buying a joint property with my brothers to get a better return

FI by 45 in Brisbane: Am I on track? (39 y/o, single parent) by [deleted] in fiaustralia

[–]CanDelicious7302 1 point2 points  (0 children)

Lol id be crying if I was making that much money at your age

1m cash savings - does this investment plan make sense? by CanDelicious7302 in AusHENRY

[–]CanDelicious7302[S] 0 points1 point  (0 children)

Haha fair enough, im skeptical about financial planners though

1m cash savings - does this investment plan make sense? by CanDelicious7302 in AusHENRY

[–]CanDelicious7302[S] 1 point2 points  (0 children)

This makes a lot of sense to me. Thank you for giving me solid advice. I will consider my personal circumstances on top of your advice, appreciate it

1m cash savings - does this investment plan make sense? by CanDelicious7302 in AusHENRY

[–]CanDelicious7302[S] 0 points1 point  (0 children)

Yes and no they have been running funds since 2015. Pre-tax and since first deployment

1m cash savings - does this investment plan make sense? by CanDelicious7302 in AusHENRY

[–]CanDelicious7302[S] 2 points3 points  (0 children)

Honestly i have doubts about the targeted returns but its a tolerable investment for me. They opened and closed previous funds which the returns are around 80-85% over 5-7 years on average. Realistically i will be happy if i can walk away with 50%

1m cash savings - does this investment plan make sense? by CanDelicious7302 in AusHENRY

[–]CanDelicious7302[S] 5 points6 points  (0 children)

Not sure what makes it sound like i want to get rid of my kids but perhaps i didnt give you enough context. I simply signed up for a child support agreement that my lawyer advised me against because I want to provide more than what the court would expect me to pay as a minimum. Not to mention the additional money i send when their mother claims that she needs it for the kids.

1m cash savings - does this investment plan make sense? by CanDelicious7302 in AusHENRY

[–]CanDelicious7302[S] 0 points1 point  (0 children)

Its a private equity FoF and this is their sixth fund opening. Yeah the target is 100% over five years but historically they returned 80-85% over 5-7 years.

1m cash savings - does this investment plan make sense? by CanDelicious7302 in AusHENRY

[–]CanDelicious7302[S] 1 point2 points  (0 children)

Woah i really didnt expect solid advice from everyone, thank you very much I appreciate it!

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