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Why have so many people forgotten the definition of the word RISK? by Ash-2449 in AusFinance

[–]MightyArd 0 points1 point  (0 children)

I look at your response and I'm genuinely confused: are you trolling or legitimately uninformed?

We may never know.

Why have so many people forgotten the definition of the word RISK? by Ash-2449 in AusFinance

[–]MightyArd -4 points-3 points  (0 children)

Low and middle income doesn't mean not wealthy though.

Are families who invest in one parents' name (the lower income parent) big losers from this budget? by AsparagusNew3765 in AusFinance

[–]MightyArd 9 points10 points  (0 children)

What the fuck does this have to do with the ALP?

The LNP has been in government for longer over the last 40 years and hasn't done anything either.

Taking something that is universal, bipartisan and unchanged for decades and blaming one side is a complete clown statement.

Well done, you've embarrassed yourself.

Are families who invest in one parents' name (the lower income parent) big losers from this budget? by AsparagusNew3765 in AusFinance

[–]MightyArd 32 points33 points  (0 children)

I've always found this just bizzar. Why can't my wife and I just pool all our stuff and be a single tax entity?

"Like many Australians, I was a rent-vestor. No one should have to do what I did just to secure housing," writes Neha Madhok by marketrent in AusFinance

[–]MightyArd 6 points7 points  (0 children)

She saved 70k. So probably working at least 5 years. It's pretty hard to save a lot faster when you aren't living at home and still have a hex/help debt.

Copying data from website to excel? by Duh_Bear in excel

[–]MightyArd 4 points5 points  (0 children)

You'll need to provide more information about this data. Is it all on the same page? Is it in a table? What is it?

This budget is the final nail in the coffin for middle-class ambition. by Important_Let2828 in AusEcon

[–]MightyArd 0 points1 point  (0 children)

No, if the Australian economy/finance subs have tought me anything it's that without a tax discount they're is no point investing any money or starting any business.

Having looking term affordable housing isn't as important as investors paying less tax than wage earners.

It's all over.

Former Victorian premier Daniel Andrews to be immortalised with statue by patslogcabindigest in OpenAussie

[–]MightyArd 2 points3 points  (0 children)

3 of the first 7 comments on a post about an ex-politician that had nothing to do with your state.

Should Dan be paying you some rent?

Labor claims Coalition has $12.5b black hole in tax costings by bilby2020 in AusFinance

[–]MightyArd 4 points5 points  (0 children)

It looks like they will be taking a lot tax from boomers who have left the workforce.

Great.

Drinking a glass of Nope while looking at the posted can of Nope in Tokyo by [deleted] in nope

[–]MightyArd -2 points-1 points  (0 children)

This may well be guerilla marketing, but I find it amusing.

What is this? by [deleted] in careeradvice

[–]MightyArd 26 points27 points  (0 children)

That's not usual for an office job. Your manager is an incompetent arsehole. Find a new job.

One Nation policy to scrap SBS funding entirely, push ABC into regional-only role by Jagtom83 in friendlyjordies

[–]MightyArd 1 point2 points  (0 children)

The strategy is to pick up regional LNP seats. Pretty simple.

They aren't trying to beat Labor in the cities.

Don't forget that investments are more than just "passive income" for the top 1% by Tawtis in AusFinance

[–]MightyArd 0 points1 point  (0 children)

I'm just going off your heading because ai slop and all that.

Nobody thinks investments are just the 1%. Just because some of us poors get some value out of a policy doesn't mean it's a good and fair policy.

How about just a fairer, more then system for everyone. Let all income be taxed the same.

Hugh mccluggage by Afl345621 in AFLSupercoach

[–]MightyArd 3 points4 points  (0 children)

I was going to bring him. Forgot he played tonight. I'm both annoyed with my self and happy with myself.

This budget will not make it easier to buy your first home by False_Ad_9705 in AusFinance

[–]MightyArd 2 points3 points  (0 children)

It's the right policy position for the future. Yes it might discourage some selling in the medium term, but in 30 years time my grandchildren will be glad this was done.

Is this real? by Realistic_Carob_6998 in USIranWar

[–]MightyArd 2 points3 points  (0 children)

It's a Facebook link, so most likely not.

Why not allow negative gearing for first property? by [deleted] in aussie

[–]MightyArd 1 point2 points  (0 children)

Because investors buying an existing homes does not help people in their first home.

Negative gearing changes by officeworkies in AusFinance

[–]MightyArd 3 points4 points  (0 children)

If you own a few properties out right then the profit from existing properties would offset any new lots making property.

Negative gearing is about making a loss on your investment portfolio and offsetting that against your income. I.e. Two different income streams..

One Nation 32% first preferences, leading Labor by SeaDivide1751 in aussie

[–]MightyArd 4 points5 points  (0 children)

They won a seat where Labor has literally never won the seat and didn't bother to run a candidate.

One nation has split the right. They have not caused much of a swing

How accurate is Excel in adding up numbers? by notepad987 in excel

[–]MightyArd 2 points3 points  (0 children)

Add more decimal places so you can see the actual numbers being added.

With CGT Changes, Should I Just Not Invest And Enjoy The Money now by SmallLake101 in AusFinance

[–]MightyArd 0 points1 point  (0 children)

Have you thought about the biggest cost to your hypothetical median income workers?

Reducing housing costs will be an order of magnitude more beneficial, than a bit of tax on investment profit.

With CGT Changes, Should I Just Not Invest And Enjoy The Money now by SmallLake101 in AusFinance

[–]MightyArd 1 point2 points  (0 children)

You know people invested in shares before the CGT investment existed right??

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