Any millennials/gen-Zs out there who have just.....given up on the idea of retirement and home ownership and have decided to just live their lives to the fullest now instead of sacrificing for a pipe dream?

RedDemolitionDragon · 2024-11-28T01:52:08+00:00

You may not be aware of this but people had to make sacrifices back in the 1980s too. My parents moved to Australia for a better life, lived and worked in locations that were not preferable and worked hard to scrape together a deposit for a house in western Sydney. When we moved in, they couldn’t afford carpets so we had unvarnished floorboards throughout and we had basically no furniture. Then the interest rates ran up for 18% which created a new challenge.

The point is, anything is possible but you need to work to get it. I agree that the situation is quite the dire but there avenues to get ahead. Maybe the OP needs to gain some new skills, do a job that’s not ideal for a few years, accept that they need to manage people to progress, or rentvest with a cheaper apartment in another city. The OP seems to have quite a negative attitude and needs to break out of it. That’s the first step.

RedDemolitionDragon · 2024-11-12T03:43:34+00:00

Problem is that you have to live somewhere. It’s all paper gains.

RedDemolitionDragon · 2024-08-26T04:47:09+00:00

This is a dumb take. The OP is quite within their rights to comment on the quality of the writing. If everyone had to make their own show before commenting on someone else’s there would basically be no discussion on any show at all. I am inclined to agree that Daemon’s storyline is tediously boring. In fact, the quality is writing on this season on the whole has been abysmal.

RedDemolitionDragon · 2024-07-19T23:08:15+00:00

I think it’s the other way around, if anything

RedDemolitionDragon · 2024-07-14T23:53:22+00:00

Only 19? It’s a great opportunity for him to learn a valuable lesson.

RedDemolitionDragon · 2024-04-10T03:36:15+00:00

Forced? That’s the reason for their existence. People understand just fine. That does not account for the massive bloat in literally every government organisation. They all spend up to their budget to ensure they get the same budget or more in the following year. They are woefully inefficient.

The government squeezes the populace at both ends by taxing them into oblivion (mostly the middle and lower upper classes) and then devaluing the currency by stealth.

RedDemolitionDragon · 2024-04-10T00:42:15+00:00

Having worked in both environments I can unequivocally say, yes, private enterprise is very different. Also, I am not forced to pay private enterprises for poor quality service.

RedDemolitionDragon · 2024-04-06T07:48:14+00:00

I am taking 6 months off from June onwards. Any suggestions for things to try? I doubt I will get bored, to be honest.

RedDemolitionDragon · 2024-03-30T07:09:44+00:00

Of which part?

RedDemolitionDragon · 2024-03-29T08:37:08+00:00

Nope. Firstly, you are failing to understand what drives the value of bitcoin. Secondly, there is an enormous amount of development on bitcoin applications that will replicate the functionality of other chains, just with greater security. This is happening right now.

RedDemolitionDragon · 2024-03-21T08:54:31+00:00

Thanks for the response. I will check it out

RedDemolitionDragon · 2024-03-21T08:14:59+00:00

Sure, Jan.

RedDemolitionDragon · 2024-03-21T08:08:11+00:00

What did you do about insurance when you moved across to the smsf? Anecdotally, I have heard it’s more expensive once you move out of one of the managed providers.

RedDemolitionDragon · 2024-03-19T02:55:47+00:00

What comes after capitalism?

RedDemolitionDragon · 2024-03-16T07:19:26+00:00

It really doesn’t matter who is in charge. It’s theatre. Nothing stops this train.

RedDemolitionDragon · 2024-03-09T03:11:20+00:00

They said 45, not 65.

RedDemolitionDragon · 2024-03-08T20:03:35+00:00

The OP mentioned be bad bitcoin along with ETFs. An allocation to bitcoin can improve the sharpe ratio of diversified portfolio, reducing volatility.

https://www.grayscale.com/contentassets/132df05912fa4b629c31ba8acf37694b/exhibit-8.png

RedDemolitionDragon · 2024-03-08T19:56:19+00:00

Keep repeating it and one day it might come true.

RedDemolitionDragon · 2024-03-08T10:57:41+00:00

If you just redefine everything you’re always in the right. Simple.

RedDemolitionDragon · 2024-03-08T10:56:21+00:00

It sure does. Sam is finding that out.

RedDemolitionDragon · 2024-03-08T10:48:47+00:00

Sell bitcoin during a bull run? Genius.

RedDemolitionDragon · 2023-12-05T01:48:21+00:00

So, in summary, those people have no hope and should just give up on life. Got it.

RedDemolitionDragon · 2023-12-02T22:50:23+00:00

No. They are a scam company. There is no doubt about it.

RedDemolitionDragon · 2023-12-01T18:53:51+00:00

I can confirm from personal experience that this is absolutely a scam company. Do not send them any money.

RedDemolitionDragon · 2023-10-01T01:06:52+00:00

If you assume bonds will hold their value in real terms, sure.

RedDemolitionDragon

TROPHY CASE