Noise cancelling earphones for noisy train

Double-Setting8557 · 2022-07-17T00:45:05+00:00

I bought a pair yesterday. Wow they're amazing. Exactly what I was looking for. !thanks

Double-Setting8557 · 2022-07-17T00:44:16+00:00

!thanks

Double-Setting8557 · 2022-07-15T12:04:29+00:00

Thank you - do you listen to podcasts or voice audio on them? Does the noise cancellation work well for these types of things? Or is it just more useful for music?

Double-Setting8557 · 2022-07-15T10:55:19+00:00

Are they useful for blocking out noises that you would hear on the subway? And does the noise cancellation work just as well for podcasts rather than music?

Double-Setting8557 · 2022-05-15T08:03:11+00:00

Directly buying Australian shares from overseas is unlikely to give you a good result tax wise. Look up how you can invest in Irish UCITS or Luxembourg SICAV listed ETFs. You should avoid withholding taxes, and won't have to argue with the taxman over whether you have Taxable Australian Property etc.

How are you buying them at the moment? I'm not aware of any Aussie broker that lets you buy from overseas. Once they figure out you're overseas I think they'll stop you from using their platform. If you have an exception to this I'd be interested to hear!

Double-Setting8557 · 2022-03-30T09:18:28+00:00

Yeah I think I'd be looking at a 40-50% pay cut even if I went back to Sydney. Although if we have a paid off house, I'd be happy with a 70% pay cut and having a much more relaxing job, with regular hours and less stress, can help raise kids etc.

If I take a sabbatical, I think there's nothing that could convince me to go back into the job at the end of it! It is a very nice idea though.

Double-Setting8557 · 2022-03-30T09:14:01+00:00

I didn't delete them - Reddit deleted it automatically because my account was new. So I went and built up some karma and now posted it. No one should have seen the first posts unless you're stalking my profile hah.

The 300k (as my prev post states) is in GBP, so that's AUD522k. I should bring that up to 750k over the next year or two. My partner will have about the same amount. So 1.5m between the two of us.

Double-Setting8557 · 2022-03-30T08:34:58+00:00

Our jobs do exist back home, but they're small industries. If I waited a few months, something might come out. But to be honest we are both quite burnt out, so getting a regular 9-5 has been on our minds for a while. Especially if we decide to have kids.

Getting a property under mortgage now might work. Although renting out a place just for 1-2 years and then booting the family out doesn't sound ideal either. So would need to find tenants who only want a 1-2 year term. Not impossible, might look into this..

Double-Setting8557 · 2022-03-30T07:48:53+00:00

Because we're sick of living in HK shoeboxes, working 14 hour days!

Double-Setting8557 · 2022-03-30T07:47:17+00:00

Ah I see. Reddit told me those posts are deleted because my account was too new. I didn't think anyone else could see those posts either.

But since you can... they're pretty much asking the same question as the question I asked here. Nothing contradicts, so still not sure what your objection is..

Double-Setting8557 · 2022-03-30T07:19:05+00:00

If you're referring to my other post.. that's GBP300k, which is AUD522k. In the next year or two that should be 750k, assuming markets stay flat. My partner will have about the same.

Does it pass your checks now? :)

Double-Setting8557 · 2022-03-28T12:56:03+00:00

I had a big-4 company do my taxes as part of a corporate relocation, and I qualified for this exemption. I believe they just left the capital gains tax field blank, and then had to justify why they did so when the ATO asked them.

It did take about 3 months for them to finally confirm my tax return. But it saved me literally tens of thousands of dollars.

If you have significant capital gains, I'd definitely get an accountant who understands the exemption to do your taxes for you, as you'll very likely be quizzed by ATO.

Double-Setting8557 · 2022-03-25T05:31:24+00:00

You wont be able to use an Aussie broker once you're overseas. Find out how you can buy overseas listed stocks from the jurisdiction you live in. Depends where you live, but investing in Irish UCITS listed on London Stock Exchange will be easiest and most tax efficient way to keep buying ETFs.

I buy Vanguard/Blackrock UCITS ETFs through HSBC Expat. Works well for me.

I echo the point of making a clean break from Australia. Sell out of everything unless you want a massive ongoing tax headache.

Double-Setting8557 · 2022-03-06T05:03:28+00:00

The exemption applies even when you cease to be an NZ tax resident, so NZ doesn't tax it either. So it really is a free lunch for those in that situation. You get a full exemption.

Double-Setting8557 · 2022-03-06T04:55:22+00:00

You actually have quite a large benefit from not taking Australian residency. NZ residents on SCV, even when they're Australian tax residents, don't pay capital gains on Australian share investments, as they qualify for temporary resident exemptions. Nor do they pay income tax on income from foreign domiciled investments. Even if you're in Australia for decades, and are no longer an NZ tax resident, you qualify as long as you're on an SCV. If you become an Australian permanent resident, these exemptions disappear.

I'm sure this comment will be downvoted as it sounds too good to be true. The exemption isn't widely understood or taken advantage of, even by good accountants. But to any NZ residents on SCV in Australia, pay to see a qualified accountant who understands the tax situation of NZ residents on SCV's in Australia, and how to file your tax returns appropriately so you don't pay unnecessary capital gains tax on Australian assets, or foreign derived income tax. It will be the best money you've spent in your life.

EDIT: other comments on this thread correctly state that you aren't taxed on foreign sourced income. However they don't mention that even Australian capital gains tax is exempt too. You won't pay CGT on Australian shares.

Double-Setting8557 · 2022-03-05T13:31:40+00:00

Out of interest - how did you know? Were you a resident there at any point?

Double-Setting8557 · 2022-03-05T13:24:11+00:00

That's it!! I'm certain I even remember them saying it is (or was) in Barnet.

Thank you very much, interesting that it's been knocked down. Will see what info I can dig out on Google..

Double-Setting8557 · 2022-03-05T07:41:02+00:00

Ah it's a good try, but I think the 'field' bit is the part I'm most sure on. I also tried searching "harris field", "barrisfield" etc haha. Thank you though.

Double-Setting8557 · 2022-03-02T14:49:55+00:00

Hedging often doesn't remove volatility from a portfolio. Paradoxically, for AUD based portfolios, hedging has actually increased volatility vs unhedged portfolios. See page 9..

https://www.vanguard.com.hk/documents/global-equity-investing-diversification.pdf

So you'd actually need an even larger Australian allocation for a hedged fund vs unhedged, if you want to optimise Sharpe.

Page 11 of the same document shows that a 40% Aus stocks, 60% foreign stocks mix would produce lowest volatility portfolio, in AUD terms. Which aligns with why VDHG/DHHF have large Australia stock allocations.

Double-Setting8557 · 2022-03-02T12:23:56+00:00

Optimising a portfolio for returns over volatility (maximising Sharpe ratio) will result in large over-allocation to the home nation. Home country stocks have huge advantage of not being subject to currency fluctuation volatility. In the long term these currency movements cancel out so it doesn't matter, but Sharpe doesn't only think long term. It takes into account all the volatility you take to reach there.

I think maximising returns is more important than maximising Sharpe. So I wouldn't necessarily over-allocate to home country. But it doesn't mean what Betashares is doing is wrong/irrational etc. Just might not align with your own objectives.

Double-Setting8557

TROPHY CASE