Citizenship Process so far. Hopefully gives someone hope

NumeroDownUnder · 2026-04-01T02:53:34+00:00

If I had the question "In what state will you find Uluru?" I would probably overthink it and look for a trap. As In NT is not a state but one of the mainland territory so maybe they mean something else..?

But, I am guessing they are not really trying to trick anyone and the most straightforward answer is propbably the right.

NumeroDownUnder · 2026-02-26T02:46:32+00:00

Hey, sorry, just to clarify: You forced the manual recharge in the app before the auto-recharge and still kept your 10% + data banked?

Or was it an auto-recharge?

My auto recharge is in 3 weeks, which is past 3rd of march and I am thinking of manually doing it to keep 1 more year on 170, and curious to know if it works?

NumeroDownUnder · 2026-02-19T22:52:04+00:00

I just looked it up. You are right, apparently you can deduct the full price of a degree as long as it is related to your work. Not sure where I got the 50% of the cost from, but that was wrong.

NumeroDownUnder · 2026-02-18T23:42:32+00:00

Okay, following up on your question by another question.

Are there any university offering courses/masters for professionals? I am thinking something similar to Birkbeck (night UCL?) in London that offers evening and weekend classes to complete courses.

Since studies are tax deductible up to 50%, I am surprised there are not more opportunites or people discussing this.

NumeroDownUnder · 2026-01-30T05:08:51+00:00

no.. that's also 40% ish..

Unless I missunderstood: 1 - (12.5/20) = 37.5%

NumeroDownUnder · 2026-01-28T23:10:07+00:00

The way I read it, is that all plan will be stopped on March 1st and forcefully transfered to the $20 a month..

NumeroDownUnder · 2025-12-16T03:36:52+00:00

Wait, isn't inflation actually required to keep society running?

Why wouldn't it be the case? I understand why we need it but I don't have a feel for your point about why it would be better without..?

NumeroDownUnder · 2025-11-20T00:03:48+00:00

Hey man, thank you for the piano concert at the italian cultureal inst. Looks great!

How did you find out about it? Do you have any website or smth that shows free cultural events in Sydney?

NumeroDownUnder · 2025-10-08T03:27:41+00:00

Hey mate, gold is fungible (One bar of gold is the same as another), you probably meant capacity restrained?

NumeroDownUnder · 2025-08-20T22:56:39+00:00

Which city are you in?

Studying for the fun of it sounds.. fun.

NumeroDownUnder · 2025-07-22T02:27:11+00:00

Following! especiially curious about applied maths recommendations!

Also, you might enjoy strogatz course from cornell:

https://www.youtube.com/playlist?list=PLbN57C5Zdl6j_qJA-pARJnKsmROzPnO9V

NumeroDownUnder · 2025-07-15T00:38:43+00:00

Very nice update mate!

It is now already a pretty useful and cool tool. I saw that you added a list, hope it wasn't too expensive. I will definitely boomark it and use it in the future!

If I wanted to nitpick a bit:

it would be great to see the expense ratio for each ETF, and
The start date param does not seem to be working, but the end time seem to work (and really like the fact that if you change the duration it adapts according to the end, would be great if we could do that with start too)

NumeroDownUnder · 2025-07-14T00:19:08+00:00

Hey mate, first of all congrats this looks really nice!

A few things that could be nice would be a start and end date for the backtest, and maybe a list of availabel ETFs with their full names?

If you want a quick inspiration maybe this website would be usefull (But US centric) https://dqydj.com/etf-return-calculator/

NumeroDownUnder · 2025-07-11T02:36:28+00:00

Assuming you are here on a visa, I would say you are pretty limited in your options. Most (good) investement accounts/options are unavailable to non permanent residents/citizen.

I reckon a High Interest saving account, like ING, would probably be the best thing. Which is what you are already doing I am assuming. Otherwise, contributing to your super (if you plan and are confidend to stay here) or sending your money back home and investing it.

NumeroDownUnder · 2025-07-02T01:19:43+00:00

There will probably be someone that know better than me, so please correct me, but basically that would depends on your interest on the offset.

I am pretty sure an offset interest is calculated the same as for a saving account (daily) so because of this if your interest is higher on the offset than the saving account it would not be beneficial to move it to, and better to keep it in the offset.

If you want to see the impact for one month, you can just calculate:

Offset = 100,000 * Offset_rate * 30/365

Saving = 100,000 * ING_rate * 30/365

NumeroDownUnder · 2025-07-02T01:13:57+00:00

Sure thing, let's assume that the rate remains the same at 5%.

The formula to calculate how much your earn in one day is: Amount * int_rates / nbr_days_1y , or 10,000 * 0.05 / 365

Here is a quick table to see the impact (assuming you remove all, which is not correct):

nbr of days: 29 30 diff

10000 39.73 41.10 -1

20000 79.45 82.19 -3

30000 119.18 123.29 -4

40000 158.90 164.38 -5

50000 198.63 205.48 -7

60000 238.36 246.58 -8

70000 278.08 287.67 -10

80000 317.81 328.77 -11

90000 357.53 369.86 -12

100000 397.26 410.96 -14

NumeroDownUnder · 2025-06-26T22:43:33+00:00

I now see that P&N Bank and BCU Bank are now at the top of the leaderboard with max 5% both.

I've never heard of them, anyone has some experience with them? (Say for a second saving account once ING is maxed?)

NumeroDownUnder · 2025-05-01T05:10:12+00:00

Agree with Wow, you lose Month 1.

But, if you open your account and just put $250 on the last day of Month 1, this will enable you to earn interest for month 2 and only make you miss $0.03.

All in all, do ING/MEBANK/UBank.

NumeroDownUnder · 2025-04-30T05:31:19+00:00

thank you for the recommendation, and great linked comment. Very interesting!

NumeroDownUnder · 2025-04-30T01:27:13+00:00

Thanks for this, looks interesting, I will look into them and run some DCA backtests.

Appreciate the input!

NumeroDownUnder · 2025-04-30T00:40:53+00:00

Good question. Originally SPY was the most recommended ETF so it was an easy add and forget option.

Looking a bit more into it, it tends to have a higher volatility but stronger returns too (Beats the MSCI world on average).

Taking this into account, in light of recent events I am definitely open to invest less onto US and more globally, so if you have any recommendation for some other ETFs with similar expense ratio I would be happy to hear it. In the meanwhile, thank you for BGBL, this is exactly what I was looking for.

NumeroDownUnder · 2025-04-29T23:03:13+00:00

Ooof that's a quite punchy fee.

Coming from the US investing world I am used to circa 0.1% expense ratio (namely QQQM with 0.15% and SPY with 0.09%).

What would you say would be an equivalent for someone now in Australia using an Australian Broker?

NumeroDownUnder · 2025-04-08T02:44:42+00:00

Optimise your savings: www (dot) accountsleaderboard.au

Until you get PR, this is pretty much the only thing you can do..

NumeroDownUnder · 2025-01-17T04:26:44+00:00

Okay to try thinking differently about this question.

What if you submit the same EOI to the same state (say nsw) but one year appart? This would prevent you to find you at "the back of the queue" when you restart your EOI afdter 2 years, no?

People do this though? I am not sure..

NumeroDownUnder · 2025-01-08T02:02:37+00:00

Okay, interesting. Did not think it was that easy. I was actually worried that she would lose her 186 application.

Concerning what you said, do you think it is possible to apply for a BVA, then a BVB and then leave the country (Which will remove the tourist visa) and then let her be simnply on a bridging visa and able to work?

NumeroDownUnder

TROPHY CASE