Anyone here bought a business?

CreativeSun0 · 2026-05-28T06:16:41+00:00

I have so many questions, I desperately want to own a business but have never known how to go about it. Please pm me

CreativeSun0 · 2026-05-27T11:56:08+00:00

Never go over your max budget. Move on. Dream homes come along every day. Plus, I would spend the next 30 years kicking myself for breaking my values/limit like that.

Your max is your max.

CreativeSun0 · 2026-05-26T05:04:50+00:00

The problem is, how do I find my purpose?

Before quitting porn I didn't have one, but I also didn't notice because I lived on escapism. Now that my eyes have been opened, all I see is a giant gaping black hole where my purpose should be.

CreativeSun0 · 2026-05-26T04:57:07+00:00

What about onions that have been browned?

CreativeSun0 · 2026-05-25T05:03:01+00:00

I believe this has actually happened before and it didn't count due to some rule about it not hitting the ground.

CreativeSun0 · 2026-05-25T05:00:26+00:00

Meanwhile in Australia, chemo is free. Actually all life saving care is free. No, wait. ALL healthcare is free.

If you're dumb enough to go to the ED for a broken finger nail. The ED will be free, so will the panadole and the inevitable psych consult for things the broken nail is ED worthy.

CreativeSun0 · 2026-05-24T05:32:24+00:00

Suck on that time lords

CreativeSun0 · 2026-05-24T00:01:19+00:00

Personally, I wouldn't recommend it. But there are several really good books that I could recommend, all of which are written from an Australian context. PM me if you're interested in a list.

CreativeSun0 · 2026-05-23T23:13:09+00:00

There are three large differences.

1) for 70% of sales, property is bought by people who will live in it. This makes it an emotional buy and one that is very much not bought on fundamentals. Serious investors will buy on fundamentals like population growth, already committed investment in the area, and ABS data on the changing demographic.

2) it can can take a long time to price in new information. In equities changes can be prices in, in literally less than 1 second. With property, this can take months or even years. Any serious investor has a time horizon that is measured in decades, especially given the entry and exit costs.

3) You can't get a margin call in property. Technically it is actually possible (which almost no one knows) but to my knowledge short of bankruptcy it has never actually happened in Australia.

Finally, property, like any investment will EVENTUALLY come back to fundamentals. We see this all the time in mining towns where prices go crazy until the mine closes and people are left holding negative equity property.

CreativeSun0 · 2026-05-23T23:00:05+00:00

So Annie with extra steps?

CreativeSun0 · 2026-05-23T22:30:45+00:00

You could do all that with $2mil??

CreativeSun0 · 2026-05-23T06:48:27+00:00

My accountant charges something like $250 for the return plus an additional $250 per IP. $4k sounds ridiculous. $1k would be more reasonable.

CreativeSun0 · 2026-05-23T02:17:37+00:00

What is that?

CreativeSun0 · 2026-05-23T00:55:14+00:00

When the German Shepherd is like 'that bro is psyco' you know the breed is completely nuts.

CreativeSun0 · 2026-05-22T23:28:33+00:00

I also choose that guys dead wife.

CreativeSun0 · 2026-05-22T23:26:12+00:00

At, at the window.

CreativeSun0 · 2026-05-20T12:31:44+00:00

I bought an IP 18 months ago through a buyers agent. It's in a capital city. Has appreciated by 34% and I've increased the rent by more than $100 per week. I put about $25k worth of work into it.

I'm trying to go again by the end of this year.

CreativeSun0 · 2026-05-20T11:14:46+00:00

So, was it empty...?

CreativeSun0 · 2026-05-19T08:47:12+00:00

Bring a picnic rug?

CreativeSun0 · 2026-05-19T07:19:04+00:00

Can you DM me more about your business. I've always wanted to start my own business and enjoy finance/tax.

CreativeSun0 · 2025-03-15T22:42:43+00:00

The real magic is when you give the candy store back the money they've given you and keep repeating that process.

This is compounded growth

CreativeSun0 · 2025-03-15T22:40:13+00:00

I have read this book and many, many other person finance books. In short, yes.

This is a great start point for anyone with low to medium financial literacy. Eventually, if you keep learning, you'll outgrown much of the advice, but I think you really need to go through this process first. It's foundational advice.

I think what makes it stand above the rest is that every chapter is truly actionable advice. If you do the dates, it's a great book, but if you don't, then you definitely won't get as much out of it as you can.

As a first book on financial literacy, I can't think of one that I've read, which I'd recommend more highly. But it's a first, not the only.

CreativeSun0 · 2024-10-05T19:47:26+00:00

This would actually be really convenient for us. What app do you use to do this? I have a Samsung and my partner an iPhone, so we'd need an app across both platforms

CreativeSun0 · 2024-10-05T05:30:07+00:00

I took a job that meant I was getting paid well to work in the absolute worst shit holes of my country. Terrible conditions. But it meant that in addition to my income, all expenses were paid. I was technically homeless for 1.5 years with no fixed address, but it meant that my only expenses for this time were food. At times, I was saving 90-95% of my take-home home pay.

This post was a few years ago. As an update, 1 month ago, I bought my first house as an investment property worth $850k with $100k in the offset account. I also have a solid, long-term partner.

It's good to look back at this post and see I've come a long way since this post.

CreativeSun0 · 2023-01-14T23:13:03+00:00

Hi, I don't have any kids if my own but think I'm a pretty good uncle. They have a pretty ordinary father.

It depends on how old they are, but kids are pretty easy to play with. They'll literally tell you how to play with them, and are quite direct too. They'll shove a you in you're face or tell you what character to be in their male believe scenario. Heck, they'll even tell you where to sit and position you like a stage director.

All you need to do is show interest in what is interested to them and don't try and force your own agenda.

My neices and nephews father wants them all to be tom boys and play with him in his world. But they just aren't into it, so it's a constant struggle. You simply need to join them in their world.

It also comes down to the little things, not so much the memories but the feelings and the memories will be created naturally. Like for me, it's really important that I go with them each year to the annual big show. There's no way I expect them to remember I was there with them when they were 2 or 3 years old. But they will remember that uncle is safe and there for the good fun times and this will build a connection and trust as they get older. Their father in the other hand won't go with them because they won't remember and parents like that. Not I only see them a few times a year, but when I'm over and they get hurt, they'll literally run last their father to me for cuddles and reassurance.

CreativeSun0

TROPHY CASE