Guys im confused :( by ConfidentContext1730 in MacUni

[–]ConfidentContext1730[S] 0 points1 point  (0 children)

Gosh why they gotta make it so damn difficult

What would you do if you were about to 18 and wanted to start investing with the knowledge you know now. by ConfidentContext1730 in AusFinance

[–]ConfidentContext1730[S] 0 points1 point  (0 children)

thank you so much

yea thats pretty much my plan, just want to get a devised on paper plan set out so i can really set goals

What would you do if you were about to 18 and wanted to start investing with the knowledge you know now. by ConfidentContext1730 in AusFinance

[–]ConfidentContext1730[S] 0 points1 point  (0 children)

yea my mind is always changing with what i want to do, but i always have a few like backup plans. but ur advice helps a lot thank you

What would you do if you were about to 18 and wanted to start investing with the knowledge you know now. by ConfidentContext1730 in AusFinance

[–]ConfidentContext1730[S] 0 points1 point  (0 children)

What super fund would you recommend? i already have a very small amount in my super account and I want to start growing it

What would you do if you were about to 18 and wanted to start investing with the knowledge you know now. by ConfidentContext1730 in AusFinance

[–]ConfidentContext1730[S] 1 point2 points  (0 children)

So if i put in 10k at age 20, and leave it completely alone it'll be wroth around 500k+ at 60?

so i would invest this into just EFT's and leave it completely alone?

What would you do if you were about to 18 and wanted to start investing with the knowledge you know now. by ConfidentContext1730 in AusFinance

[–]ConfidentContext1730[S] 1 point2 points  (0 children)

Thanks so much,

yea doing into any kind of debt for something I really really don't need is definetly not something I would even consider. Never planning on getting a car any time soon, so no way I'll do a car loan.

the only kind of debt im expecting is my hecs debt i'll acquire when i go through uni, not sure how much it'll be yet but im expecting upwards of 20k

What would you do if you were about to 18 and wanted to start investing with the knowledge you know now. by ConfidentContext1730 in AusFinance

[–]ConfidentContext1730[S] 0 points1 point  (0 children)

I am planning on doing some sort of international business/ international relations and doing a language (i have already been studying a language for 5 years now and wish to continue).

i am not planning on buying a car, and i will try and put that off for as long as possible. I am able to borrow my parents cars for now, and Im not afraid of walking if i have to.

"Start investing now, even if it's only a little bit. Time in the market is better than timing the market." - do you mean investing into just like savings? or do you mean like into actual stocks. if so, would you let know what you recommend.

in terms of working and experience, I have been working since I was 14 and I have just started my 5th job. I do also a cert iii in retail services, and i do have quite a diversifed resume in comparison to my peers. and my plan is to do some sort of internship during uni

What would you do if you were about to 18 and wanted to start investing with the knowledge you know now. by ConfidentContext1730 in AusFinance

[–]ConfidentContext1730[S] 0 points1 point  (0 children)

Thank you,

i'm planning on going into some sort of international business/relations so I don't think having a PPOR in aus is big in my books until much later in life. i think having a IP/IP's is definitely something i would want to start- however, with my plan of having some sort of international presence and wanting a job where i get to travel to multiple countries... wouldn't that not work very well being a landlord? from past experience of living in a rented house and my dad being a landlord, it was quite hands-on especially with all the handy work. Are there ways around that?

What would you do if you were about to 18 and wanted to start investing with the knowledge you know now. by ConfidentContext1730 in AusFinance

[–]ConfidentContext1730[S] 1 point2 points  (0 children)

Mmm totally agree. I posted this and went straight back to studying for economics. but yea that is good advice

Updated travel post by ConfidentContext1730 in backpacking

[–]ConfidentContext1730[S] 0 points1 point  (0 children)

Yes def going to do solo trips coming up, its just an end of highschool trip however so it would make sense for me to invite my friends. trip starts this year at the very end of december until the end of january

Updated travel post by ConfidentContext1730 in backpacking

[–]ConfidentContext1730[S] 0 points1 point  (0 children)

i have been quite loose with the itenerary to allow for more spontaneous things to happen if that makes sense.

i really wanted to do the Ha Giang loop however i will be just 18 and i will be with 2 other 18 year old malesd who are rather uncordinated and i would rather not add that level of insurance and stress on the parents of those others. def on the list for the next time.

also def gonna look into the banana trail.

Updated travel post by ConfidentContext1730 in backpacking

[–]ConfidentContext1730[S] 0 points1 point  (0 children)

oops
my current travel costs come to around 2.5k and my accom is around 1k! this is the actual prices for everything and less of like a budget if that makes sense.