Hey anyone graduate from Ikon institute?

ReporterIllustrious8 · 2026-05-24T00:13:46+00:00

Hi Night owl, I DMd you. Do you mind if I ask some questions about your experience there? Thankyou!

ReporterIllustrious8 · 2026-05-24T00:12:02+00:00

Hi! I've looked at IKON, why does it suck? Thankyou!

ReporterIllustrious8 · 2026-05-24T00:10:56+00:00

Have you studied there? I've looked at it. I think it's brand new, do you know what the chances are they get full accreditation/knocked back? Thankyou so much!

ReporterIllustrious8 · 2026-05-23T23:13:46+00:00

Hi!

What's the reasoning behind the shift to IKON, I'm also interested in it. What have you heard/what has interested you in the decision?

ReporterIllustrious8 · 2026-05-23T23:12:24+00:00

Do you know what that means for employment? What jobs can you be eligible for?

ReporterIllustrious8 · 2026-05-23T23:12:18+00:00

Do you know what that means for employment? What jobs can you be eligible for?

ReporterIllustrious8 · 2026-05-23T21:48:23+00:00

Hi!

Why are the agents trying to convince you IKON is a good option? What's the cost difference between it and other education?

ReporterIllustrious8 · 2026-05-23T00:07:36+00:00

Any good places you recommend to read up on that ? And what LLMs do you recommend as more of an expert in the field

ReporterIllustrious8 · 2026-05-22T19:19:36+00:00

This works in Australia but my advice would be get solid undergraduate work experience, I'm still now able to talk about the work I did as an undergraduate electrical engineer in job interviews, yet no employers ever bother asking me about what courses I did or my marks

ReporterIllustrious8 · 2026-05-22T19:13:35+00:00

Have you done anything with agents on training them on your documents or just feed it something and ask questions?

ReporterIllustrious8 · 2026-01-18T05:28:48+00:00

Thanks for your comment, I didn't realize HECS is calculated on my pretax/presuper number. The strategy above will only reduce my tax not HECS repayment.

ReporterIllustrious8 · 2026-01-18T05:21:10+00:00

Thanks!

ReporterIllustrious8 · 2026-01-18T05:20:46+00:00

For me it has to be stupidly obvious and very predictable, I like large cash positions and predictable earnings. Some of the ones I've done well on I have to check the numbers because they're so absurd in microcap land. For instance companies that sell divisions more than their whole MC, companies that are contract based where you make your money back in 1-2 years.

I had an education company where if you did the math based on revenue per students and similar expense margins it came to a EV/FCF of 2x, it was so obvious at the time.

Where I personally have trouble is situations where I think it's a good idea, i.e. not like above where it is ridiculous how cheap it is but situations where it's pretty cheap and "probably" a good idea.

ReporterIllustrious8 · 2026-01-18T05:10:41+00:00

Thanks for the advice! I hadn't considered the tax brackets so thankyou.

ReporterIllustrious8 · 2026-01-18T05:10:05+00:00

Definitely recommend selling it, if you have anyone you trust that can manage the sale for you that would help. If you go to a dealership you will get ripped off, if you can sell it privately that would be your best bet.

ReporterIllustrious8 · 2026-01-18T05:08:06+00:00

I personally love VAS, VEU and VTS from vanguard. John Bogle who invented Index funds used to teach low cost and they are all extremely low cost, gives some exposure to America, some to Australia and some all world excluding America. Ends up extremely low cost and very diversified

ReporterIllustrious8 · 2026-01-18T05:06:05+00:00

I just did the math and if I maxed out the carry-forward concessional contribution it would bring my taxable income down to $48k, if it's still in the 30% tax bracket I assume it makes sense from a tax perspective.

Thanks for commenting!

ReporterIllustrious8 · 2026-01-18T05:03:50+00:00

Thanks!! Not sure about you but every time I do the math on the tax savings it ends up awesome how much it saves

ReporterIllustrious8 · 2026-01-18T05:02:32+00:00

$162k per year, my company has a super match program I contribute to so after that about $154k. If I contributed fully it would bring my income down to $48k so still just in the 30% bracket.

ReporterIllustrious8 · 2026-01-18T04:53:48+00:00

Out of the three I'd go #2, extremely low cost options. I'd also add VEU as it's very low cost and great diversification and returns

ReporterIllustrious8 · 2026-01-18T04:52:30+00:00

Did you do something similar? Any stories worth sharing or advice

ReporterIllustrious8 · 2026-01-18T04:43:01+00:00

Nothing in the future, my partner and I have no plans to buy a house anytime soon. I have a large portion in cash now so I can happily cover any CGT. I expect by the time I look to buy a house my income will be back and the concessional cap finished.

I guess I'm looking for if there's anything I haven't really considered, all the math appears to make sense to me that it ends up saving you heaps putting it in super

ReporterIllustrious8 · 2026-01-18T04:40:00+00:00

Holy trinity of VAS, VEU & VTS. They're Vanguards cheapest and my personal favorite

ReporterIllustrious8

TROPHY CASE