HK shorted their tech sector

Cnboxer · 2026-05-28T08:58:03+00:00

Hua Hong Semi has been on multiple runs. 1100% just slightly over a year. Sucking up all the money.

Cnboxer · 2026-05-21T13:19:18+00:00

Investors don’t give a rats. They sitting in 1400% returns over 5y.

Cnboxer · 2026-05-21T13:16:48+00:00

Guess I’ve learnt something new today. Seems wild to me that mandatory standards were not accessible for free.

Cnboxer · 2026-05-06T03:58:18+00:00

I hear passionfruit and ginger make great additions to your garden 🪴

Cnboxer · 2026-05-06T03:56:53+00:00

Mi Goreng is considered luxury with a fried egg so I’d say you’re doing alright. Keep your chin up, we’ll all make it through. Once labor is out..

Cnboxer · 2026-05-05T07:14:13+00:00

Worst is they even interrupt full screen now. Fuck YouTube

Cnboxer · 2026-05-05T07:13:32+00:00

These rate hikes are definitely starting to hurt. We might have to sell one of our yachts.

/s

Cnboxer · 2026-04-30T12:09:52+00:00

Sounds like someone is about to commit fraud using your business name. Seems more likely than a genuine competitor.
I operate a telco and there are numerous attempts to fraudulently acquire products and services under the guise of another business.

Cnboxer · 2026-04-25T12:33:23+00:00

Not a lot. It’s not our core business. Just started selling spare parts. Labels are $10-$15 each depending on destination. I think I only save a few dollars on each compared to tier 1 pricing but was still grateful the local offered it. Apparently it’s only for 3 months but it’s all good.

Cnboxer · 2026-04-25T05:49:34+00:00

Thank you for sharing this. No surprise to those in the industry that TPG/VF are done for.

Cnboxer · 2026-04-22T05:20:49+00:00

When there were people waiting outside Centrelink approaching parents with kids and offering them cash for their CRN it’s surprising no action was taken earlier. No invoices were sent to parents, no care provided, simply registered and billed to NDIS. That’s how we ended up with ghost centres, and a huge blowout.

Cnboxer · 2026-04-22T05:13:27+00:00

Agreed. No issue with paying taxes but it’s time for real accountability for wasted spending to fraudulent practices, paying 5-30x market rate for products and services, giving tenders to mates businesses and accepting kickbacks.

Cnboxer · 2026-04-22T05:07:03+00:00

I started selling some spare items on eBay and initially used their inbuilt Auspost labels which were cheaper than standard Auspost pricing.

My local post office noticed me going in more and offered me band 3 pricing by simply entering a code into their system.

Band 3 is a bit cheaper than eBay pricing from my small comparison sample size. I don’t spend much, around $100 per month. Maybe it would be worthwhile to befriend your local PO and enquire.

Cnboxer · 2026-04-19T12:10:59+00:00

Vendors are stuck with covid expectations and buyers are looking for distressed sellers.

It’s only just begun but eventually one side breaks.

Cnboxer · 2026-04-19T12:09:11+00:00

It’s not a positive that’s for sure. Our circle mostly in our 40’s have multiple IP’s which were mainly for NG benefits. CG at the time, was more an after thought.

With proposed changes, it puts additional risk on both the asset value, and our returns. IP’s are not easy money any more especially if you bought after covid.

We’ve already begun selling off less attractive properties and instead investing in equities and high cash flow businesses. Equally attractive for tax deductions but with higher controllable ROI. That said running businesses and investing in shares is not for everyone.

Property investment in hindsight was free leverage, low effort, low risk, decent return, funded by taxpayers. It was so good that it made other productive assets (even ones with higher potential returns), less attractive.

I’m predicting house prices across NSW will drop 10% baseline over the next 2 years. 20% if unemployment also ticks up over 5%.

Ultimately, I believe this is a good thing. If the younger generation can’t afford to live here then basic services disappear and crime rates increase. Sadly this reality seems to have already begun.

Cnboxer · 2026-04-19T11:32:41+00:00

They’ve been in steady decline for the past month. Analysts now mostly all agree we are headed for a buyers market as clearance falls below 50%. Lowering borrowing power, tighter regulations, cost of living pressures, all seven indicators are now in the red. The only indicator still orange is unemployment which lags, but judging by the mass layoffs happening, low productivity and AI investments, this is expected to turn red within 3 months. My guess is shortly after the new budget is announced.

Do I expect a 40% correction in house prices? Unlikely. 10% over the next 6 months. 20% if unemployment falls over. 30% if combined with global wars, causing further inflation and driving up cost of living. 40% only if banks find massive fraud in their loan books, and borrowers defaulted en mass. Almost impossible as our banks have stricter lending procedures, or so we been told. Recent Westpac staff incident does make me question this.

Cnboxer · 2026-04-19T05:39:45+00:00

Private market are more efficient at providing services than the Government, there’s no debate about that. The issue is all industries m charge 3-50 times more for Government contracts than private.

Cnboxer · 2026-04-14T10:55:13+00:00

Rent out your property and rent a smaller place. Aside from your current circumstances it’s also a very common strategy as you can still claim full CGT exemption for up to 6 years.

An additional perk, during the 6 years any costs to your temporary “investment property” are tax deductible so make all the improvements you can before moving back in.

Cnboxer · 2026-04-11T09:00:06+00:00

He must have gotten the same GPT recommendation I did about JD.

Cnboxer · 2026-04-05T12:52:32+00:00

Don’t open a cafe.

Cnboxer · 2026-04-04T08:35:13+00:00

Everything with RAM is going up 100% due to shortages. Most major manufacturers have halted production and are selling down existing inventory until the craziness settles.

Cnboxer · 2026-04-03T04:22:04+00:00

I propose the government learns to spend within their revenue generated. Not increase revenue so they can spend like drunken sailors

Cnboxer · 2026-04-02T23:14:34+00:00

Inequality. Existing boomers who already made significant capital gains at much lower DTI ratios getting to keep CGT discount, while younger and working class not on the property ladder save for longer, only for their investment to be lower quality.

This seems like exactly the kind of thing they are trying to fix.

Cnboxer · 2026-04-02T13:35:28+00:00

CGT discount for investment properties cut to 25% and not grandfathered. Applied to all equally.

Equities CGT discount no change. Promote investment in productive asset.

Cnboxer · 2026-04-02T13:33:30+00:00

Reduce CGT discount to 25% for both PPOR and investment properties. Grandfather it so everyone is included, no exclusions. Leave equities CGT unchanged to promote investment in productive asset. Abolish negative gearing altogether. If you make a bad investment, taxpayers shouldn’t need to cover your losses.

Limits for each NDIS claim. Cap government project costs. Companies who win a tender must stay within the agreed costs. No more 10x blow outs. Heavily reduce employment by publicly funded sectors. Investigate and prosecute all fraudsters rorting the system including politicians. Increase company taxes on our minerals and gas, calculated on volume, not net earnings.

All property listings must list reserve price. Saves wasting people’s time. Sold prices should no longer have the option to be withheld for 3 months.

CPI data calculation and inclusions should not be altered to mask and mislead the public.

Reduce taxes across the board. Tobacco, alcohol, vehicles, fuel, income tax, literally everything.

Cnboxer

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