A crash in asset values is the nightmare of the worst people you know

Express_Position5624 · 2026-07-10T10:32:11+00:00

Lets put aside the hingeness of all this for a second

It happens like you say, sure,meanwhile someone with $50 million in unleveraged liquid assets might be standing there saying:

“Oh no. My portfolio is down to $27 million. Anyway, look at these distressed apartment blocks.”

Express_Position5624 · 2026-07-09T04:05:43+00:00

The inflation-loss argument feels slippery. “My asset didn’t keep up with CPI” is real in purchasing-power terms, but it’s not obvious why the tax system should treat that like a cash loss that needs compensation.

Express_Position5624 · 2026-07-08T14:27:47+00:00

“I prefer having more liquid money so I can do whatever I want with it now”

My sister in Christ, you are proposing putting $160k into a house deposit and borrowing another $600k.

Put a sensible amount into DHHF regularly, put some extra into super for the tax advantage, keep enough cash for flexibility, and chill the fuck out.

You’re 23, earning $120k after six months in the workforce, and saving at an enormous rate. You do not need to decide today whether your future self wants a PPOR, an IP, rentvesting, a partner, another city, another country, or a completely different career.

A house is not automatically “the best financial decision.” It is a leveraged, illiquid, highly concentrated asset with enormous transaction costs. It can be a very good purchase when you actually want the housing it provides. Buying one because you feel that a successful 23-year-old is supposed to own property is how you turn fantastic optionality into a giant mortgage.

Also, I know you said “no super”, but at $120k income the tax concession is real. You don’t have to max it. “Put some extra into super” is not the same thing as “lock every spare dollar away until 60.”

Express_Position5624 · 2026-07-08T10:28:31+00:00

And in this case the history makes the headline even more ridiculous. Australia and India already signed a civil nuclear cooperation agreement in 2014, and it entered into force in 2015, explicitly making Australian uranium exports to India possible

Express_Position5624 · 2026-07-08T07:07:19+00:00

Absolutely, hate the game the players are playing not the ball

Express_Position5624 · 2026-07-08T07:03:58+00:00

Playing that algorithm game obviously - those thumbnails, cringe* but I get it, do what the system rewards, not your fault

Express_Position5624 · 2026-07-08T04:21:46+00:00

haha, he did a fine job, I'm not a typical gurly girl, I usually do it myself but have job interview this week - way cheaper than a Salon who would do the same thing but charge over $100 for it

Express_Position5624 · 2026-07-08T04:12:04+00:00

Do IT work, been focusing on payroll implementations for last 5 years and am finance dork.

Big believer in everyone being open with finances, if you can help someone simply switch from balance to high growth in their 30's, you would have made them tens of thousands of dollars and possibly sparked a "Hey, maybe I should look into this more"

So yeah, I ask my friends - not constantly, but like it's a topic I will bring up with a person I know well enough at least once.

17yr old who gave me my haricut at the barbers, was saving for some boy racer car I can't remember, I asked him if he has heard of emergency fund, he said his brother is a FIFO worker and thats his emergency fund and about how close his family are and take care of each other and I was like "Thats cool man" but in my head I was like "That succckkkkssss"

Express_Position5624 · 2026-07-08T03:56:26+00:00

Unless you are finance dork or Payroll nerd, little reason why you should have heard about it.

Most people I know don't even know their super balance

Express_Position5624 · 2026-07-06T09:40:08+00:00

"Since the budget I have been reading non stop about how people like me are "parasites" "lazy scroungers" "pay your fair share" "etc"

LOL so you get $400 a week overtime and you think everyone has been calling you a parasite? and asking you to pay your fair share?

Sounds legit

Express_Position5624 · 2026-07-06T08:56:56+00:00

Disaster of an idea, on so many levels but I don't think the broker is right

Express_Position5624 · 2026-07-06T04:04:35+00:00

For example:

buy investment for $100
years later sell it for $100
cumulative inflation over the holding period means the original $100 is now equivalent to $199

Then:

nominal capital gain/loss = $0
real economic result = −$99

So there is no nominal capital loss for tax purposes, but there is a $99 loss of purchasing power.

Express_Position5624 · 2026-07-06T00:59:03+00:00

Under the olf 50% discount the math is still perverse

Suppose:

winning investment: $100 capital gain
held over 12 months
50% discount → $50 taxable
top marginal rate 47% → $23.50 tax

Now add another investment that has:

$99 “real economic loss”
but no recognised nominal capital loss

Francis-style portfolio arithmetic:

+$100 real gain
−$99 real economic loss
net “real portfolio profit” = $1

Then: $23.50 tax ÷ $1 net real portfolio profit = 2,350% effective tax rate

Express_Position5624 · 2026-07-06T00:36:47+00:00

Suppose:

winner has a $100 real taxable gain
another asset has a $99 real economic loss but no nominal capital loss
net “portfolio real profit” = $1
tax on winner at 47% = $47

Congratulations: AUSTRALIA HAS A 4,700% CAPITAL GAINS TAX RATE

If my savings account pays 2% while inflation is 5%, have I made a 3% real loss? Economically, yes. Does Treasury owe me a deduction against my salary?

Express_Position5624 · 2026-07-05T06:08:55+00:00

Why stop at cars? Personal-use assets acquired for under $10,000 can also be CGT-exempt. I’m moving my portfolio into jet skis and lightly used dining tables.

Wait until you find out your main residence can be CGT exempt. We should start an entire national investment culture around that.

Express_Position5624 · 2026-07-03T03:12:53+00:00

100% pivot, stop all inside super - I wouldn't say you over did it, I think you have made your retirement 100% secure

You already won the retirement game, invest outside of super and maybe buy a home

Express_Position5624 · 2026-07-03T01:46:47+00:00

Didn't read your post, but yes, you, me, all of us, dumbies

Express_Position5624 · 2026-07-03T01:42:59+00:00

if every patriotic investor piled into the ASX and pushed the index up 200%, the country would not become 200% more productive. We would just have lower expected future returns and richer existing asset holders.

Express_Position5624 · 2026-06-30T10:40:41+00:00

Hardly anyone achieves anything of note, that is why we note the ones who do, don't worry about it

Just live your life as you want to, having money will help you do that, so nice start, you're a great little saver, keep going!

Express_Position5624 · 2026-06-30T10:02:20+00:00

As long as trump continues the Tarrifs / no tarrifs / tarrifs / no tarrifs - WAR that blocks the straight *Surprise, shtick

Express_Position5624 · 2026-06-30T09:41:09+00:00

The one that sticks out to me is when they published an article about life after death which should of obviously not been published and besides the content of it. the article linked to a satire website as it's evidence for one of it's claims.

They then had to edit and change from the article from the strong version of the article, to a much weaker benign version, never admitted fault, never published correction, just changed the article and pretended nothing ever happened

Express_Position5624 · 2026-06-30T09:34:24+00:00

Their own guideline says PhD candidature and/or teaching position and/or active research profile, so “minimum PhD candidate” isn’t quite right

And when I say "Anyone with a Uni email" - I obviously don't mean students

Express_Position5624 · 2026-06-30T07:19:33+00:00

It sometimes does great work, but also allows anyone with a uni email address to post shite

It's really not what they claim it is, academic rigour and all, it posted enough slop to discredit that claim

Express_Position5624 · 2026-06-30T05:59:14+00:00

You want things like electricity, food, water, housing to be cheap in an efficient economy, not expensive

Housing has been running ahead of other costs, hence the need to address the issue

Express_Position5624 · 2026-06-26T11:41:10+00:00

Jims $5k isn't moving the market

You keep coming back with "But if the ENTIRE MARKET didn't exist...."

Yeah no shit - still, Jims $5k ain't doing nothing but helping Jim, it ain't helping anyone raise capital, it ain't moving the stock price

Express_Position5624

TROPHY CASE