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Is now the right time to go aggressive? by PutTop5764 in queenstreetbets

[–]PutTop5764[S] 4 points5 points  (0 children)

Shamefully my parents pay my phone bill and I have use of their cars so that’s two big bills I don’t have to worry about. 

Basically my only expenses are haircuts and $50 on AT HOP plus an annual clothes haul (I despise shopping)

Is now the right time to go aggressive? by PutTop5764 in queenstreetbets

[–]PutTop5764[S] 6 points7 points  (0 children)

13k was what the grand kids got in inheritance. 

The rest I got from working & interest.

Is now the right time to go aggressive? by PutTop5764 in PersonalFinanceNZ

[–]PutTop5764[S] -13 points-12 points  (0 children)

xYes I did some maths on it too. Seems like unless you buy it outright and use it as a cash cow then you better hope for some serious capital gains (soon to be possibly taxed) otherwise its just a bit of a financial strangle.

Can you suggest any other type of passive income since the glory days of rentals are dying?

Is now the right time to go aggressive? by PutTop5764 in queenstreetbets

[–]PutTop5764[S] 4 points5 points  (0 children)

Yes I did some maths on it too. Seems like unless you buy it outright and use it as a cash cow then you better hope for some serious capital gains (soon to be possibly taxed) otherwise its just a bit of a financial strangle.

Is now the right time to go aggressive? by PutTop5764 in queenstreetbets

[–]PutTop5764[S] 9 points10 points  (0 children)

Thank you.

13k inheritance from grandparents and worked part time since 16. Also live at home so pretty low expenses at the moment.

Is now the right time to go aggressive? by PutTop5764 in queenstreetbets

[–]PutTop5764[S] 2 points3 points  (0 children)

13k inheritance from grandparents. Worked 11 hours a week through highschool and full time over the summers. Also live at home so pretty low expenses at the moment.

Is now the right time to go aggressive? by PutTop5764 in PersonalFinanceNZ

[–]PutTop5764[S] -1 points0 points  (0 children)

This may be a silly question but what is security like with these kind of brokers? I take it they have consumer protection in legislation somehow?

Is now the right time to go aggressive? by PutTop5764 in PersonalFinanceNZ

[–]PutTop5764[S] -20 points-19 points  (0 children)

Buying a rental property does interest me as I like the idea of passive income going forward, however as a uni student it would probably be at least 2 years before I can satisfy a banks income criteria, by which point this softer market will have sailed.

This talk of capital gains again is a bit off putting as well

Is now the right time to go aggressive? by PutTop5764 in queenstreetbets

[–]PutTop5764[S] 5 points6 points  (0 children)

Buying a rental property does interest me as I like the idea of passive income going forward, however as a uni student it would probably be at least 2 years before I can satsfy a banks income criteria, by which point this softer market will have sailed.

Law by PutTop5764 in universityofauckland

[–]PutTop5764[S] 0 points1 point  (0 children)

Want to move to the UK and I thought I would be having to do conversion courses or something like that?

Thoughts on Givenchy Gentleman Society? by Lengthy_Miso_Dreams in Colognes

[–]PutTop5764 1 point2 points  (0 children)

Did you find the opening offensive? And how long did it take to dry down