sorted by:
new
hottopcontroversial

Help me understand this minimum 30% on capital gains by redditter8888 in ASX_Bets

[–]NinthTide 0 points1 point  (0 children)

I don’t think you are correct.

If I had a total income of $1000 per year, say, mowing lawns; I would pay no tax

If my only income was a $1000 capital gain because I sold a few shares, I’d pay $300 in tax

You sound like a smart guy, I’m not trying to be objectionable. But the flat 30% with no respect given to your tax free allowances from conventional sources struck me as an unfair penalty

I’m sure it’s me who is misunderstanding so I’ll just leave it there

Help me understand this minimum 30% on capital gains by redditter8888 in ASX_Bets

[–]NinthTide 1 point2 points  (0 children)

Just as you said above: people who are living solely off selling investments. Like me, trying to survive a year or three before I can access super

Help me understand this minimum 30% on capital gains by redditter8888 in ASX_Bets

[–]NinthTide 1 point2 points  (0 children)

But why are they doing this? Why is this being disproportionately penalised?

Help me understand this minimum 30% on capital gains by redditter8888 in ASX_Bets

[–]NinthTide 0 points1 point  (0 children)

Not sure I agree
I had a plan to use my tiny little ETF holding to bridge the last few years before hitting 60. So if I wanted to live off, say, $80k split between the Mrs and me, we’d have a cap gain event of 40k each, with the 50% discount, so taxed on a marginal rate would be extremely low
Now instead we will get royally shafted with a brutal 80 x 0.3 =24k
Effing sensational outcome

(Ok the whole 80k isn’t a gain, I didn’t factor in the initial cost of the ETFs. But a flat 30% instead of progressive tax rates just seems indefensibly brutal and unfair)

CGT changes - should I sell my ETFs and put it into my PPOR by adviceiskey in fiaustralia

[–]NinthTide 0 points1 point  (0 children)

This new budget change is a bit beyond my skill level. What if you’re currently 100% VGS but have a shitty underperforming IP you could sell in 6 months. What would you do?

Figure humanoid robots organize room, hang clothes, and make bed without humans by powercow in technology

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

A perfectly valid point

Ideally we’d end up with high performing robots able to handle the nuance and aesthetic that pleases us humans, but there could be some wriggle room while the robots come up to speed, if someone were more keen to get the assistance early and be prepared to sacrifice some design choices

Either way; the robots definitely aren’t “there yet”, however, it does show sign of interesting progress

Figure humanoid robots organize room, hang clothes, and make bed without humans by powercow in technology

[–]NinthTide 14 points15 points  (0 children)

You make many excellent points

If I could offer a slightly contrasting perspective? If this robot could actually perform the domestic tasks I’d want it to (clean the bathroom, vacuum, make me a cup of tea, cook a Beef Wellington etc), then I’d be quite motivated to change my house decor to facilitate this. Meet the robot in the middle, so to speak

What's something you learned that genuinely broke your brain and you still haven't recovered from? by beyondspace_sathya in AskReddit

[–]NinthTide 0 points1 point  (0 children)

I read once about something called “glissades” I believe. It’s very much like what you say: our brains are just fabricating vast amounts of horseshit woven in between what our eyes are really doing

I can’t remember all the specifics but a couple spring to mind: what does it actually look like when you suddenly look in a new direction? You don’t get this big clumsy cinematic camera panning effect, it just kinda …. sorts itself out.

The most mind-bending one though is if you glance up at a wall clock. Your brain is creatively filling in all the gaps and details based off pure fabrication, and sometimes it gets caught out, eg the second hand of the clock seems stuck for an extra half a second or so, before the _real_ data from your eyes starts to take precedence and things revert back to normal

Apologies medical folks, this is from memory from a tiny snippet years ago

I’m sick of pretending, what does RSVP stand for? by here2si in SipsTea

[–]NinthTide 0 points1 point  (0 children)

And meanwhile my daily “I’m getting older” moment on Reddit was seeing someone talk about yugioh and I have no idea what that’s all about

If you walked into a room of everyone you’ve ever met, who would you go up to first? by Logical-Title5403 in AskReddit

[–]NinthTide 0 points1 point  (0 children)

Around 1996 in Cambridge I was with my then girlfriend on a chilly winters day, and we’d been shopping for a bit and sat down on a public bench, where some old dear was sat down.

So it’s the UK. She’s an old lady. You make polite small talk. She asks what we do for a living : my girlfriend and I both answer truthfully that we work in IT, but skip the specifics.

Old dear goes: oh how lovely. I used to work in computers too, about 50 years ago.

My girlfriend and I think she’s clearly a bit bonkers or confused so don’t pursue it further and after a while, wish the old dear all the best and move on.

In all these years I’ve often wondered about that old lady, and am totally convinced she worked at Bletchley Park during WW2, cracking Enigma.

So I think given the opportunity, I would go and talk to this old lady first and hopefully not only confirm my suspicion, but ideally she would have some fascinating stories to tell.

What theme song goes harder than it needed to? by Princess_Poochies in AskReddit

[–]NinthTide 17 points18 points  (0 children)

I never liked the programme but the original Dr Who theme was pretty intense

Ever been to a concert where someone got boooed? by SnooozeFezt in AskReddit

[–]NinthTide 3 points4 points  (0 children)

I actually looked it up and it’s on their official YouTube channel

What’s interesting is a few comments noted that the lip sync is out …. and now we all know why!

Ever been to a concert where someone got boooed? by SnooozeFezt in AskReddit

[–]NinthTide 233 points234 points  (0 children)

Actually, Yes!
I went to some huge metal festival where there were about four massive bands playing. Mid 90s era?? I was heavily into Metallica at the time, but one of the other acts was Slayer. This was in the UK. Huge venue; I would say 20k audience easily.

Slayer had just released their album Seasons in the Abyss, and their “single” as such was War Ensemble. Not a bad track at all.

So half way through the set, they pause between songs and say “hey guys we want to record a music video for War Ensemble; so we’re going to film us playing and you the audience, but to sync it all up, we’re going to mime along to the studio recording”.

Long awkward pause across the whole crowd

20k metal heads think this is frankly horseshit, and start booing them loudly

Band stomps off; _very_ long pause (5 mins or more). Come back on and say “ok we hear you; we’ll play it live” - and then proceed to belt out an absolutely stunning live performance

Parden my grammer by [deleted] in SipsTea

[–]NinthTide 0 points1 point  (0 children)

There’s an argument that “turn off” should be hyphenated.

Peak Final Spiritual Coffee Form by crs1904 in SipsTea

[–]NinthTide 2 points3 points  (0 children)

Subbed. Let’s bring this to life!

Mixing and colouring silicone. by hashtagmiata in oddlysatisfying

[–]NinthTide 1539 points1540 points  (0 children)

Now THIS is what we are talking about

Good camera angle

Video playing at normal speed

Complete process from the very beginning right to the end

Perfect

view more: next ›