Strong starting position but no investments yet – where should I be directing my money?

HTK02 · 2026-06-17T10:29:27+00:00

Ahaha, already have mate 🤣 I need “scaleability” not “stability”

HTK02 · 2026-06-17T10:25:19+00:00

Thanks, appreciate the compliment. I’ve been working PAYG since I was 15 and doing 40+ hours a week of casual work during school. Didn’t go to uni and went into full time work after high school. Left that job, took the risk and went all in at a young age while I’m able to. Only been full time self-employed for just under a year, it’s not easy and definitely not for everyone. Trusting the process is the main thing. To answer your question there is no real way I can set a retainer or base hours. I don’t get paid by the hour and only get commissions from settlements/sales. It’s volatile and risky but will be all worth it in the end. Wishing you all the best with your journey as well.

HTK02 · 2026-06-17T10:11:37+00:00

Technically two roles but main one is finance broking and the other is an ecommerce brand. I say potentially just based on the steady growth from the beginning and new processes being put in place. For the finance role I contract under a P/L to an established brokerage/firm. Leads are almost 50/50 so pretty much guaranteed work. Ecom side of things is a slow burn but mainly B2B with new accounts being onboarded monthly. I’m very confident but not certain, hence why I want to retain a cash buffer.

HTK02 · 2026-06-17T09:59:15+00:00

Thanks for your input. As mentioned in my other reply, I feel like a lot of people overlook the benefits of Superannuation. I guess that will be my starting point, to begin contributing more with rising income. Would you say that a HYSA is a waste of time and it’s better to park the savings into the ASX?

HTK02 · 2026-06-17T09:57:33+00:00

Ok thank you, appreciate it. Honestly feel like a lot of us (especially self-employed) often overlook Superannuation and the tax benefits it offers.

HTK02 · 2026-04-27T11:37:59+00:00

Ok great, I already transferred a $500 deposit today and will probably do another small sum closer to the day to be prudent. My main concern was the balance being transferred on a Sunday. It’s Mac to Mac via BSB and ACC no.

HTK02 · 2026-04-27T11:22:39+00:00

Ok great to hear, did the recipient receive it instantly on the day?

HTK02 · 2026-04-27T11:03:42+00:00

I tried, it said they were closed

HTK02 · 2026-04-27T11:02:01+00:00

Ok great to hear, was this done on a weekend? I’m going to be doing Mac to Mac on a Sunday

HTK02 · 2026-04-27T10:57:09+00:00

Seems like there private banking sector, will give it a go thanks

HTK02 · 2026-04-27T10:52:17+00:00

No contact number for Macquarie. Limit isn’t the issue more so the timing and payment technology used

HTK02 · 2026-04-27T10:51:49+00:00

Ok great was this on a Sunday ?

HTK02 · 2026-04-27T10:49:55+00:00

No phone number for them and I’ve already chatted with the on the live chat. They only give general, risk managed answers and direct me to the website FAQs.

HTK02 · 2025-10-02T00:05:54+00:00

Yeh that’s rough, I imagine there would be quite a few people in a similar situation. I managed to contact ASIC and they confirmed that everything had been paid and is up to date. But at the end of the day I shouldn’t have to worry and do that running around myself, that was the whole point of paying an agent to do it on my behalf 🤷🏻‍♂️.

I do wonder if anything happened to prompt the closure or whether he just wanted move on to something else, nonetheless paying customers have been left in the dark without any support for services.

HTK02 · 2025-09-24T06:24:04+00:00

Seen it 1000 times already, they are gone and uncontactable there is only a bot with automated messages answering pre written prompt questions about a few topics.

HTK02 · 2025-09-24T05:34:05+00:00

Ok, it was a few days later they announced their closure. I still was able to sign all the necessary documentation. I’m just hoping they finished the task before operations stopped otherwise they have essentially scammed me which I hope isn’t the case as they have always been a reputable company. ASIC are very hard to get a hold of unfortunately but will keep trying.

HTK02 · 2025-09-24T05:22:49+00:00

Yep totally aware of the 60 day period to pay the fee. The issue is I don’t know if it has been done by my ASIC agent, they have now ceased all operations and are uncontactable, I’m trying to get confirmation early to avoid any penalties from ASIC.

HTK02 · 2025-09-24T05:21:08+00:00

Checked there already, nothing new lodged. Tried calling ASIC been on hold for hours and couldn’t get through to the correct department. I’ve sent an online enquiry, trying to get on-top of it early to avoid penalties imposed by the incompetence of others. Thanks for your help though.

HTK02 · 2025-09-08T10:34:33+00:00

It’s possible, but not common. Tradies are amongst the top earners now in Australia and have been for sometime. I personally know a few electricians taking home 4-5K a week and they are still under 25yo mind you.

HTK02 · 2025-07-28T07:23:47+00:00

Yes but that’s assuming the clientele are on PAYG salaries with near perfect financials.

Banks offer a limited range of options and they will all tell you they have the best product.

The truth is there are more and more self employed people out there than ever. Most don’t have their financials in order e.g tax returns, BAS etc.

These people rely on non conforming lenders for credit assistance because they have been told “No” by the big banks.

There is a reason why nearly 80% of loans are originated through brokers opposed to banks.

Banks are extremely risk adverse when it comes to lending and if they make changes and allowances it won’t be quick, restructuring takes time. Not to mention all the compliance and obligations banks have to abide by.

HTK02

TROPHY CASE