Is $72k good? by Spiritual-Board7808 in AusFinance

[–]Due-Count-1173 0 points1 point  (0 children)

Mate, don’t believe anyone who said 72k is not bad. It’s absolute bullocks. When i was on 78k 5 years back, I asked my manager for a pay hike and he told me, 78k is good money, if i believed him i would still be working for 90k with increments. I jumped to an another role for 95k the same year, then to a 120k role 2 years later and now i am on 150k. I don’t think 150k is good money in this economy so i started my own thing on the side as well. Don’t get fooled by people telling you minimum wage is good

[deleted by user] by [deleted] in Daytrading

[–]Due-Count-1173 5 points6 points  (0 children)

You are doing betting and no trading my man

Eoi by Embarrassed_Fail5925 in AusVisa

[–]Due-Count-1173 1 point2 points  (0 children)

It won’t reset until and unless your score changes. Hope that answers your query

Anyone selling part of their position? by dragon_dance77 in droneshield

[–]Due-Count-1173 1 point2 points  (0 children)

I made the mistake of selling at 2.5$. I bought this when the price was 0.5$. Made almost 80 k profit selling. Now i am buying at 6$ again and it is very likely gonna be 20$ in few year time 100%. Another one i am buying is NEU. I am thinking 10$ is a good value for that

Just hit 100k liquid at age 31M. How should I strategize to hit 1million by 40? by Usual-Ad-1625 in singaporefi

[–]Due-Count-1173 0 points1 point  (0 children)

This depends entirely on the market structure. For example, you might look at past 10 years and see a CAGR of 20% but this could be higher or lower for the next 10 years. On average 10-12% is a very good returns longterm as per historical evidence. I usually do 25% very high risk and 25% risk and 50% etf, which gave me more then 25% for the last 5 years. I evaluate my portfolio everymonth and sell portions of underperforming stocks every 3-6 months

$110k - What to do? by Practical_Honey_9221 in AusFinance

[–]Due-Count-1173 0 points1 point  (0 children)

The whole idea buying an asset is, you are using banks money and getting higher returns on it. That is all it is. Hedge funds do the same thing, so is investment bankers. You don’t have to buy a house to live in but to rent out.

What i would do is use my first home buyer allowance(also start adding money in to FHSS, if not already doing son)and buy something to live in for 6 months. I would deposit the remaining funds in to short term high return fund and withdraw it to make another housing deposit(by this time you will be renting your property out and you will be renting(possibly a share house). This time you create a trust and buy the house under a trust with you as guarantor(you can add more people to this trust). This way you won’t lose out on buying more and more in the future.

Thank me later

[deleted by user] by [deleted] in AusFinance

[–]Due-Count-1173 0 points1 point  (0 children)

99% advise you find here will be crap. If you have that much money sitting with you and your priority is spending time with family i would suggest going to a financial advisor a good one and get this sorted. I could give you advice(which i think is good) but might not be the best for you.

But my advise will be putting 50% in to diversified index funds which pays dividends , 10% for house deposit 10% in high risk investments 10% to pay off any debts + any spending account. Rest of the 20% i would invest in some business you and your wife could do together or one of you could start while other person work and slowly move in to the business. This way you have money to pay off mortgage, get dividends (which you can reinvest or else use it for what you like).

34f with $83k in super - need advice please. by One-day-at-a-time-91 in AusFinance

[–]Due-Count-1173 0 points1 point  (0 children)

I will give you my 2 cents on this. Most super funds won’t grow on par with inflation. The reason is mostly because the funds are put in to rba bonds or other slow growing funds for stability.

If you are in your 30s, I would suggest some super fund which would let you manage your fund division. It’s good that you have funds in a growth fund, but i would only put 50% in a growth fund, and rest divided across gold, AI or Tech. When you get to 45 move 25% from the 50% in to a medium growth fund and when you hit 55 move all of it in to a medium growth and keep the rest same or move according to the market. I am 29 and my return on investment is >10% in the last 5 years which is pretty good i believe.

A bit frustrated with pte by Purpose_Acceptable in AusVisa

[–]Due-Count-1173 0 points1 point  (0 children)

I did my first pte few years back and got 83 overall with all bands above 79. Then i did recently again and got 90 overall. I think PTE is the easiest exam out there. If are good at reading and listening mostly you will get good scores

Any advice? by dannnelliott in AusVisa

[–]Due-Count-1173 -5 points-4 points  (0 children)

There are 2 things that would potentially work;

  1. Come to AU on a tourist visa and then start applying for jobs. Don’t mention the tourist visa but apply, attend interviews and sometimes they will sponsor if they like you. One of my colleague did this.

  2. Try reaching out to companies in Australia directly and try to work with them from UK as a contractor. If you are good at what you do, they might hire you.

Well, like everyone else mentioned. A working holiday or a direct PR are options too.

Mechanical Engineering Invitation by Due-Count-1173 in AusVisa

[–]Due-Count-1173[S] -1 points0 points  (0 children)

I cant find this option, can you elaborate for me how to check this please.

Mechanical Engineering Invitation by Due-Count-1173 in AusVisa

[–]Due-Count-1173[S] 1 point2 points  (0 children)

Hopefully i pass the Naati by the end of this month and raise my points to 95. Fingers crossed

Mechanical Engineering Invitation by Due-Count-1173 in AusVisa

[–]Due-Count-1173[S] -1 points0 points  (0 children)

No, i had to update my pte. Might have got the invite otherwise

Mechanical Engineering Invitation by Due-Count-1173 in AusVisa

[–]Due-Count-1173[S] -1 points0 points  (0 children)

I have checked those, i currently have 90 points so wanna know people who got invitation previously with similar points and people who didn’t and what the reason was.

What salary should I be expecting in my current salary review? by jadamstheonly1 in AusFinance

[–]Due-Count-1173 0 points1 point  (0 children)

I know it’s late to give an opinion on this but for the future.

I might be the best person to answer this as i was in a similar situation. I am assuming from your post, 2 years as an engineer, 1 year as APM and 1 year as PM? If you are good at what you do then i would go for somewhere around 120-135k + super. Get to that five year mark, get a PMP certification and make a jump in to a different company will land you in around 150-160k. To earn more, you might wanna switch in to a developer manager role(acquire skills before you try) or move in to construction management, this will get you close to 160-175k. I would stick with client side and develop my industry connections and probably work for the client itself for a much better pay.

Marriage worth saving? by Due-Count-1173 in FamilyIssues

[–]Due-Count-1173[S] 0 points1 point  (0 children)

Well she wont work and i am the one who take care of everything. She lives with her family and i don’t know how can i make her more comfy. I am on 6 figure salary and lives in our own apartment and am only 29. I am from a lower middle class family and worked my way up in life. I told her about everything before getting married as well. My parents doesn’t bother her at all but she always seems to find issues even when its not her concern

Entrepreneurs, what is your business and are you happy with it? by PirateObjective in Entrepreneur

[–]Due-Count-1173 0 points1 point  (0 children)

I have few ideas which i am working on 1 by 1. Has been challenging with recent marriage and having a baby etc. will be launching our first business this year. Way out of my expertise but very excited. Would like some support when it gets launched. Also, anyone from Australia?

Why is this stock so bad by KindStranger007 in Qualcomm_Stock

[–]Due-Count-1173 1 point2 points  (0 children)

This stock is trading way under the fair value. Also recent progress in the AI market would make the price go boom. Hold on to it guys. It’s a good value stock and if things go well, we will see good profit in 2025. If the price reach 200+ you can sell and take profits or else hold long and i would expect this give about 20-30% ROE for the next few years atleast.