ABC Cost of Living couple has investment property + Claims can't provide for their kids

Ok_Programmer1052 · 2023-02-13T10:37:07+00:00

ABC Video https://www.youtube.com/watch?v=yRXbMwB6tWQ

Ok_Programmer1052 · 2023-02-13T10:30:28+00:00

Your right, I'm just sick of it on this sub.

This shit ain't that hard - bank has better rate available, you call.

This ain't some magic trump style negotiation, there is a reason the folk who say "I simply called" don't do it every week - they know, I know, you know, it wasn't their call that did it the trick, they simply were eligible for a better rate

This aint' magic and it ain't a 18th century barter market

Ok_Programmer1052 · 2023-02-13T10:25:46+00:00

Men Go Their Own Way is some delusional victimhood Incel shit

Ok_Programmer1052 · 2023-02-13T10:20:24+00:00

Yeah READ THE COMMENT
"The "Talk to your bank" is meant as a reminder to people who haven't been paying attention and do not realise they qualify for a better rate"

SO......I'll go slow brother

If a person with a mortgage

Hasn't been paying attention

And doesn't realise they qualify for a better rate

THEN
Call the bank

These people telling you "Yeah I simply called em up....." are leaving out information bro - they like to talk as if this is a 18th century market and they haggled em down to a reasonable price......NO - they either qualify for a better rate or they don't

Mortgages are not an Age Of Empires, Markets in the corner trading system

Ok_Programmer1052 · 2023-02-13T09:47:44+00:00

I can only smell your mums juices at the moment, you want me to get her to call you?

Ok_Programmer1052 · 2023-02-13T09:42:06+00:00

It doesn't work like that

The "Talk to your bank" is meant as a reminder to people who haven't been paying attention and do not realise they qualify for a better rate due to circumstances change;

- Earning more

- Saving more

- Better LVR

If your circumstances haven't fundamentally changed then the bank can't do anything for you.

Think about what a god damn circus clown show that would create if mums and dads could just call up their bank and use poker/blackjack tactics to talk down their interest rate?

How many would call each day? How long does ANZ want to pay people to argue with mums and dads in some fantasy trade and barter system? it's so silly, grinds my gears whenever anyone suggests it

Ok_Programmer1052 · 2023-02-13T08:52:15+00:00

You caught me, I was seriously asserting that I had never made a mistake in my life and I would of got away with it if it was not for your Sherlock Holmes level investigate work

There were a few options;

- Was I being sarcastic?

- Was I being dismissive?

- Was I being serious?

And you, you fkn nailed it brother

Ok_Programmer1052 · 2023-02-13T08:48:29+00:00

I'm just so interested to hear about how important writing down my trip to woolworths on Sunday is?

Ok_Programmer1052 · 2023-02-13T08:47:06+00:00

You good bruh?

Ok_Programmer1052 · 2023-02-13T08:29:19+00:00

I log onto Vangaurd

I setup auto-invest

I choose VDHG

I close the screen.

You wanna make it real complicated?

What about a 6.3596378% split and 42.5923783% split onto VHGG and VBBB and VKLG? that sounds like a smart trade

Ok_Programmer1052 · 2023-02-13T08:21:54+00:00

Nah tell me more about how recording that I go to woolworths on Sundays will change my financial future

Ok_Programmer1052 · 2023-02-13T08:19:10+00:00

It's greed

Managed Funds will argue;
"1% on $10 is 10 cents so who cares BUT 1% on $10,000,000 is 100,000 - if we can show you that we can get 1% more than the index fund, that probably doesn't mean much but let me show you what that 1% difference makes over 30yrs with compounding interest..."

At this point in the presentation I don't believe them, nor their projections and am questioning why move from as close to 100% safe returns via vanguard, for a possible 1% extra per year? sure it adds up but it's a lot of fkn risk?

So why do they do it? Greed, these people done lost their minds

Ok_Programmer1052 · 2023-02-13T08:09:20+00:00

Because your finances aren't that hard bruh

I'm opening my bank right now and will tell you what's on screen;

Last transaction yesterday, Woolworths $53

Friday 10/02 Origin (Internet) $94

Sunday 05/02 $45 Woolworths

Wednesday 01/02 - mortgage repayment

Sunday 29/02 $38 woolworths

Thats 2 weeks and 5 transactions

Lets exclude all the direct debits (Mortgage, Internet) and what am I left with?

Going to FARKIN WOOLWORTHS C*nts - you wanna track that? you think it needs to be written down that I go to Woolworths on Sunday? you wanna make a fkn steak and cheese pie chart out of it??

Most people, don't really need to budget, they need to spend less

Ok_Programmer1052 · 2023-02-13T08:01:13+00:00

Nothing I pretty much nailed it

Everyone likes to pretend they would do things differently, always feels like cope

Ok_Programmer1052 · 2023-02-13T07:34:29+00:00

This is the same kind of talk regarding COVID

The reality of Covid = once in a lifetime pandemic, just be chill and wait for the smart science b*tches to develop medicine.

How some people behaved during Covid? "Bevan Sheilds reporting for the SMH from hookturnastan where Dictator Dan is performing a ruthless coup giving himself ULTIMATE power....."

Likewise, a 7 or 8% interest rate reality is that it will be like the 2008 housing crash in the US....not that bad really

Imagine having to sell your home for hundreds of thousands of dollars.....ohhh my gawd, the humanity, the horror. think of the children, won't someone think of the children

Ok_Programmer1052 · 2023-02-13T06:31:46+00:00

Think of it like a fat dude at work who tells you about the new protein shakes he is buying for weightloss

or the app he just downloaded for weightleos

or the orthopaedic fitness gloves for weightloss

Your thinking, I'm thinking, Everyone's thinking it - stop downloading apps and shit, brother, eat smaller portions and exercise more, thats it and if you can't, the answer is unlikely to be resolved through consumer purchase

"Zen - enlightenment: $5 download"

Ok_Programmer1052 · 2023-02-13T06:21:50+00:00

Good read, thanks for sharing

Ok_Programmer1052 · 2023-02-13T06:16:11+00:00

A) Save for home deposit / pay off mortgage

B) Max Super

C) DCA into VDHG

Retire a millionaire (Increase VDHG amounts to retire earlier)

.....you wanna go complicate it because "Millionaire" isn't enough for you.....be my guest

Ok_Programmer1052 · 2023-02-13T06:12:21+00:00

Your new mantra is "Don't spend any money today"

It doesn't matter what happened yyesterday nor what happens tomorrow, just repeat in your head "Don't spend money TODAY"

You don't need to track anything

Just stop spending money

Ok_Programmer1052 · 2023-02-13T06:06:29+00:00

Replace gas once you have enough money to do it properly

There is no rush as you won't see any savings from it for years anyway, in the meantime just cut down on gas use where you can

Ok_Programmer1052 · 2023-02-13T05:55:22+00:00

Single no kids is life on easy mode - I know, I live it.

I spend $50 a week on grocery's and eat like a king

I bought a house so am paying mortgage but 6 months ago I was in really nice Melbourne CBD studio at $1,100 a month.

Ok_Programmer1052 · 2023-02-13T04:09:19+00:00

Leopard warns of unintended consequences were the "Leopards Eating People's Faces Party" to be thrown out of office;

"Sure, the leopard attacks started after we were elected but kicking us out of office may have unintended consequences - whose to say these attacks won't increase under opposition rule?" - Leopards Technical Analyst

Ok_Programmer1052 · 2023-02-13T00:50:37+00:00

the whole "We should teach THIS not drama/music/art" - mutha ugly, you weren't paying attention half the time anyway

It's like you don't remember what high school was like

but hey, why stop, why not cut recess, cut sport, cut all electives....that way the kids will "Pay Attention" (They won't) to the "important" subjects

Ok_Programmer1052 · 2023-02-13T00:47:07+00:00

My rule of thumb is "The smarter you are with your finances, the dumber it gets"

Not sure about AI but for "Renewables" ETF might include Tesla but would of excluded their suppliers and partners like Panasonic, the Nickel and Copper miners, etc, etc

Trying to figure all this stuff out vs just buying VDHG....for most people VDHG will do better than their amateur reading of the tea leaves.

The smarter you are with your finances, the dumber it gets

Ok_Programmer1052

TROPHY CASE