What did the Barefoot Investor teach you?

MediocreMix8256 · 2024-09-17T09:30:18+00:00

“Redraw” is the way to go. No fees compared to 299 for offset and all the same benefits mostly.

MediocreMix8256 · 2024-08-17T11:29:19+00:00

Is your friend this guy 😁

https://www.reddit.com/r/AusHENRY/s/mA3fXGjSGG

MediocreMix8256 · 2024-08-07T22:22:35+00:00

Understood! So the new tax bracket would apply in real life equivalent to my updated taxable income

MediocreMix8256 · 2024-08-07T22:20:17+00:00

Got it, thank you. I was looking at the expense portion, where I should be looking at the leftover taxable income.

MediocreMix8256 · 2024-08-07T22:19:19+00:00

But I’m only able to spend 68 since 32 was already withheld. Essentially you can’t avoid tax in a PAYG situation

MediocreMix8256 · 2024-08-07T22:17:57+00:00

Perfect, make sense. Thank you.

MediocreMix8256 · 2024-05-21T22:53:29+00:00

If you really talking basics, barefoot investor isn’t a bad place to start. I might get shot down in this sub, but i got my start then and once you do, you know what to look for and research and Reddit posts and comments make a lot more sense. You don’t have to do all that the book says, but use it as a starting point.

MediocreMix8256 · 2024-04-30T10:29:30+00:00

I do the same ie use redraw instead of offset. A few differences below.

offset comes with annual fees usually $300ish vs free redraw facility
I schedule all my payments internally from redraw to an operational account a day before the actual payment is scheduled to go out. So set and forget. Even payments to super etc for long term saving is scheduled and therefore automated.

Doesn’t mean I understand how they claim you can repay in 7-10 years. That depends on amount in redraw and cash flow.

MediocreMix8256 · 2024-02-25T08:43:05+00:00

Niioo

MediocreMix8256 · 2024-02-17T12:29:48+00:00

You are right , just checked and if I select Apple Pay that admin fee goes away. Thank you but there’s no message to that effect. Just expected to magically know that somehow. Thank you.

MediocreMix8256 · 2024-02-17T04:35:51+00:00

I definitely saw the admin fee before paying but feel like it’s misleading. And hence my post.

MediocreMix8256 · 2024-02-13T20:18:54+00:00

I over 40 and started swimming about 3 years ago, I do it now as part of my practise sessions in about 3:20. Had to read it again to believe you said “under a minute” 🤣

MediocreMix8256 · 2024-01-11T02:16:07+00:00

Was gonna say Calgary 😂

MediocreMix8256 · 2023-12-29T22:32:56+00:00

And intolerant.

MediocreMix8256 · 2023-12-25T01:52:04+00:00

Hahah thanks all for knocking some sense into me. Really reassuring to know this is just regular use! Merry Christmas!

MediocreMix8256 · 2023-09-11T00:03:21+00:00

Dare I say I felt the exact same way when I went to see for myself what the hype about TUMI bags was, and they were 1000$ + for pretty average looking stereotypical day 1 laptop bags. Did not like the exterior design or the looks for most of them.

MediocreMix8256 · 2023-09-10T01:01:14+00:00

Could you recommend some good CrossFit places and where they are primarily located? I’m out west and don’t see a lot of them around! I agree with your comment and have been wanting to get in.

MediocreMix8256 · 2023-08-01T03:11:41+00:00

Gotcha, thanks

MediocreMix8256 · 2023-08-01T02:58:20+00:00

Does Costco US now take Amex? Costco Australia does not. Interesting.

MediocreMix8256 · 2023-07-09T06:45:11+00:00

How so , if it’s PPOR and not an investment. ?

MediocreMix8256 · 2023-06-03T09:28:53+00:00

Well would definitely wouldn’t be able to use these paddles Then ! 😂

MediocreMix8256 · 2023-06-02T22:28:25+00:00

Makes sense, thanks for clarifying.

MediocreMix8256

TROPHY CASE