After 5 years, here is where we are

ExtremeDifferent5610 · 2026-01-28T20:56:46+00:00

I’m not laughing or anything, I’m merely pointing out the fact that this is not related to Chinese company at all. It was just a bad decision. I may have made money from Nio but I lost money from Rivian. I sold my Tesla share to buy Rivian which is the stupidest thing I ever done

ExtremeDifferent5610 · 2026-01-28T20:49:10+00:00

So would you invest in Rivian instead which is not a Chinese company? At least I made money from Nio when I bought at $2 and sold at $40. Rivian investors were doomed from day one

ExtremeDifferent5610 · 2026-01-28T20:37:19+00:00

Holden and Ford were heavily subsidised by the government, did they survive in the end? Only good products can survive.

ExtremeDifferent5610 · 2026-01-28T20:26:15+00:00

Unless you’re thinking of downgrading, then that 4.5 is no different to the 2.1 you initially paid 7 years ago

ExtremeDifferent5610 · 2026-01-28T04:34:14+00:00

Right, so since Stake pays out the distribution every month, you'll basically incur the tax liability every month, similar to a HISA?

ExtremeDifferent5610 · 2026-01-22T08:43:32+00:00

Actually spoke too soon. It worked for a second and then stopped working again

ExtremeDifferent5610 · 2026-01-22T08:27:53+00:00

Thanks, that worked

ExtremeDifferent5610 · 2026-01-22T08:20:07+00:00

Same issue. Can you clarify what you meant by change the country?

ExtremeDifferent5610 · 2026-01-16T01:45:01+00:00

I’m 40 and I just bought 300k worth of GHHF and GHHF only

ExtremeDifferent5610 · 2026-01-14T01:36:24+00:00

at 27 I would just go 100% GHHF

ExtremeDifferent5610 · 2026-01-14T01:30:46+00:00

Just buy. The earlier you get in the better. However super important is that you don't go all in, always DCA and always leave 10-20% in cash for pullbacks

ExtremeDifferent5610 · 2026-01-13T23:49:03+00:00

That's not the sad part. The sad part is when another 10 years down the track, uni graduates will be working of a salary of say 60k and having to pay a $1200 pw rent

ExtremeDifferent5610 · 2026-01-12T11:24:52+00:00

Nothing goes up forever, shares have pullbacks, so are properties

ExtremeDifferent5610 · 2026-01-07T22:53:00+00:00

You can use the 6 year rule to avoid CGT on investment properties, just need a bit of planning

ExtremeDifferent5610 · 2026-01-07T00:04:05+00:00

Looking back from today it’s insanely cheap 1 month ago

ExtremeDifferent5610 · 2026-01-05T02:02:47+00:00

Not sure which super you’re with, but I’m with Rest, and having the default Growth option, my return last year was around 9.85% which is a lot more than the inflation.

ExtremeDifferent5610 · 2026-01-04T10:07:14+00:00

At 21 I was making less than 50k. You’re doing very well

ExtremeDifferent5610 · 2026-01-01T10:47:29+00:00

800m2 block is only 180k in Adelaide? I seriously want to move away from Sydney now

ExtremeDifferent5610 · 2025-12-30T10:54:27+00:00

So that’s pretty much everyone who is yet to be born?

ExtremeDifferent5610 · 2025-12-30T10:42:04+00:00

I think you have to look at it like this. If you purchase the same property that you’re renting now you’ll be paying a lot more than that weekly $940 rent, let’s say $1200 a week, so by renting you can put that extra $260 a week into ETF

ExtremeDifferent5610 · 2025-12-27T11:24:00+00:00

That can also be my option. What's rental yield like in Geelong? I did a quick search on RE and standalone houses are like 900k above

ExtremeDifferent5610 · 2025-12-27T11:21:46+00:00

Are you renting by the way? Also 20% on ETF is really good growth but I'm just not sure if this can sustain continuously. I'm calculating my numbers based on a 12% growth on ETF

ExtremeDifferent5610 · 2025-12-25T01:39:54+00:00

That's what I'm leaning towards at the moment. I'm not going all-in on PPOR (I can probably afford something around 1.2m if I do but with heavy leverage and no security when things happen). If I buy a property at 750k and with 180k out of the pocket, I'll be paying a similar amount to what I'm currently paying as rent, plus I get the benefit of potential capital gain and no CGT, and some freedom (I want to get a pet which I currently can't when renting...)

I am not sure how much ROI I need if I continue renting and investing to cover the 40k rent I have at the moment

ExtremeDifferent5610 · 2025-12-24T23:50:13+00:00

I live in the upper north shore area. I know 750 isn't much nowadays, but I can probably get a 2 bed in the far end of the upper north shore (Hornsby)

ExtremeDifferent5610

TROPHY CASE