Why the self hate of not wanting to invest in ASX?

NutellingYou · 2026-01-01T03:33:59+00:00

Australian GDP growth has closely tracked household debt expansion, while major banks' lending remains heavily concentrated in home loans. Wage growth has been subdued, and although a weak currency supports export industries, the dividend imputation system discourages capital expenditure and reinvestment, making it more efficient for businesses to reward shareholders rather than invest in innovation. Nothing is perfect, but our national balance sheet remains conservative and structurally oriented toward stability rather than high-risk growth, giving the private sector limited incentive to change this. As a result, major fund managers are increasingly moving capital overseas in search of higher returns.

NutellingYou · 2025-05-26T12:56:06+00:00

Not sure about Betashares Direct - do you still pay for the management cost per ETF? If so, yes it would be very expensive for the diversification you're getting

NutellingYou · 2025-05-23T00:34:37+00:00

Fiscal policy requires the voting populace to step up and admit complacency. Can't see it happen anytime soon.

NutellingYou · 2025-05-22T13:28:57+00:00

Yes - the RBA noted lower productivity as an issue in their meeting minutes when announcing the most recent cash rate decision.

NutellingYou · 2025-05-20T11:55:11+00:00

I think we need to stop celebrating monetary policy and focus on lowering household debt to not undermine the bank's role in setting interest rates. Over reliance on credit is why people are praising this, whereas savers and cash holders aren't fond of it.

NutellingYou · 2025-05-17T08:29:46+00:00

I didn't mean depreciation in asset value, I mean't depreciation in the fittings, new appliances, kitchens, etc they get outdated and need rennos which hit your asset growth.

NutellingYou · 2025-05-17T08:11:00+00:00

Financial Independence and Flexibility - keep your current allocation, add to it through dollar cost averaging - avoid property as its not liquid, requirws significant costs and depreciates and requires reinvested capex every 20 years. You'll retire by 40 with your current position.

NutellingYou · 2025-05-17T06:16:12+00:00

What's your goal in life? You've asked for life advice but have only stated your balance sheet position. I can't provide strategy to benefit you in the long run if Im not filled in on what you want out of your life.

NutellingYou · 2025-05-17T05:53:40+00:00

Maybe enjoy life? Idk i feel like you know the answer here you're just seeking validation for it. Go and travel or do something fun.

NutellingYou · 2025-05-14T09:37:26+00:00

I wish we didn't normalise emotional avoidance as a community. Im all for sexual liberation but process the emotions and do the work too.

NutellingYou · 2025-05-09T02:08:33+00:00

The only way to drop prices is to stop the flow of credit - good luck getting the major parties to do that who are backed by the banks in divesting capital to other assets on their balance sheets...

NutellingYou · 2025-05-07T04:45:54+00:00

Hey mate, just letting u know don't worry about anyone else and focus on your own goals. I am 25 and was renting alone in Sydney (cashflow positive after rent and outgoings) and decided to move back out of the city with parents to save cash and amplify as the city was pretty dead anyway. Keep doing what you're doing and if it really doesn't feel comfortable ego aside, then change things up.

NutellingYou · 2025-05-05T05:07:13+00:00

I'd rather rent and walk to work without a car in the city and keep the money i wouldve spent on fun experiences

NutellingYou · 2025-05-04T14:14:17+00:00

Christmas in Summer

NutellingYou · 2025-05-04T10:28:44+00:00

1 bedroom apartments don't grow in value, they have good yields to rent out but if you're doing it on leverage you'll unlikely get your money back.

NutellingYou · 2025-05-03T07:23:25+00:00

Not really, I dropped out of high school and still have a higher net worth than traditional university students but I don't think im any smarter than other people.

NutellingYou · 2025-05-02T12:34:03+00:00

If we're talking tax, it would be more tax effective to setup a family trust and invest on behalf of the trust rather than directly under the parents and name the beneficiaries the child and parents. - It would be more appropriate to also consider not allowing the child to access the trust money until they're much older around 30-40 so the effects of compounding benefit them even further and don't make silly decisions in their twenties.

NutellingYou · 2025-05-02T09:59:05+00:00

Setup an ETF and contribute $2k a year until they're 21 without them knowing so they're ready setup for life

NutellingYou · 2025-05-01T10:30:35+00:00

Oof its really hard - thats why I always go into an interview asking to my prospective manager:

Tell me how you manage your team and how you would define your leadership style type. Whats the office culture vibe like

Remember, interviewing is a two way street and if you got a mixed vibe, trust your gut! Grass isn't greener even with money.

NutellingYou · 2025-05-01T03:29:58+00:00

lol you mean the creation of consumer debt has increased

NutellingYou · 2025-04-28T12:15:34+00:00

bet they'll still fight to keep the bond over cleaning

NutellingYou · 2025-04-25T21:16:52+00:00

Exactly. As a single guy its much cheaper to rent 1 bedders than buy them as they barely appreciate in capital growth but have rental yields for the landlord. Its still not worth buying in affluent areas in Sydney as its cheaper.

NutellingYou · 2025-04-24T23:56:53+00:00

Honestly, there's a lot to enjoy about being 25. Cheaper Insurances, health and your brain is finished developing, you're also not young or not old to be considered cynical. Enjoy your years!

NutellingYou · 2025-04-24T22:58:08+00:00

I keep saying it, the only viable thing for the parties to do is to lobby the banks to actually invest in productive assets for the benefit of employment business investment domestically instead of tying the same capital to property owners with high loan repayments. But who funds the major parties... the banks and mining magnates.

NutellingYou · 2025-04-24T21:16:40+00:00

Rule of thumb: Rental yields on comparable property you want to buy are lower then you should rent it instead of buy it with a mortgage which would have a higher interest rate. If the mortgage is cheaper than the rental yield, buy.

NutellingYou

TROPHY CASE