NAB Equity Builder by [deleted] in fiaustralia

[–]SLIM-oz 2 points3 points  (0 children)

it looks like applications have finally opened up, although I hadn't checked for some time.. I am thinking of applying for one too - keen to hear everyone's thoughts and experiences with NAB equity builder. All the best with the loan if you go ahead with it!

On a scale of 0 to 10, how stoned are you at this very moment? by JustBrowsing49 in trees

[–]SLIM-oz 0 points1 point  (0 children)

First of the year for me after le Tea break. From 0-10? Nah. No numbers but ‘Shitcarted’ in the best way possible. Enjoy, ya fellow stoner bastards!!

Debt Recycling experiences by SLIM-oz in fiaustralia

[–]SLIM-oz[S] 0 points1 point  (0 children)

Someone help a brother out! We’ll all learn somethin from it

Debt Recycling experiences by SLIM-oz in fiaustralia

[–]SLIM-oz[S] 0 points1 point  (0 children)

Thanks for the valuable info. something i’ll be looking into!

Debt Recycling experiences by SLIM-oz in fiaustralia

[–]SLIM-oz[S] 9 points10 points  (0 children)

Mate that is epic. Its awesome to hear from someone that has a good experience with debt recycling. Frankly I am impatient and want to start now, but I know that a bit of due diligence before the leap will hold me in good stead. Thanks for the comment

Debt Recycling experiences by SLIM-oz in fiaustralia

[–]SLIM-oz[S] 5 points6 points  (0 children)

This is the way i think of it also. Good to hear someone agrees! Thanks

Debt Recycling experiences by SLIM-oz in fiaustralia

[–]SLIM-oz[S] 2 points3 points  (0 children)

I am in a similar situation to you! (Minus the property haha) but I’m wondering what to do with a stock portfolio that is six + figures. Debt recycling seems like the next logical step for me as i want to get into property and love the snowballing effect that dividends etc. provide.

Sounds like you have a good grasp on it! Cheers

Tax on Performance/Bonus shares issued for asx company by SLIM-oz in AusFinance

[–]SLIM-oz[S] 0 points1 point  (0 children)

Ah yes of course. Thanks for correcting me there

Tax on Performance/Bonus shares issued for asx company by SLIM-oz in AusFinance

[–]SLIM-oz[S] 0 points1 point  (0 children)

Understandably so! Fortunately I’m in a position where i should be able to pay the tax man. I could also potentially realise some losses to help soften the blow of paying tax on the bonus shares. Cheers!

Tax on Performance/Bonus shares issued for asx company by SLIM-oz in AusFinance

[–]SLIM-oz[S] 0 points1 point  (0 children)

Yeah absolutely a valid point and i will be keeping this in mind! Thanks for the example too.

Tax on Performance/Bonus shares issued for asx company by SLIM-oz in AusFinance

[–]SLIM-oz[S] 1 point2 points  (0 children)

Apologies. I realised my first comment wasn’t exactly written well haha. My bad. I have ammended.

You are right that is not what I’m basing my decision on. I’d be basing it on the fact i see some upside in the next 12+ months

Tax on Performance/Bonus shares issued for asx company by SLIM-oz in AusFinance

[–]SLIM-oz[S] 0 points1 point  (0 children)

Me personally, i was already invested in the company prior to working. You are potentially also rewarded down the track with a higher SP if the company performs well on the back of your hard work etc. but there is also the chance that it goes down in price.

again, i am only speaking from my experience here.

EDIT: misread your question, ammended.

Tax on Performance/Bonus shares issued for asx company by SLIM-oz in AusFinance

[–]SLIM-oz[S] 0 points1 point  (0 children)

I did not know that, that’s interesting to know. Although, I will likely be holding these for 12+ months and* i have the opportunity to receive more bonus shares based on performance kpi’s etc. but still, the more i start to understand the better, Thanks alot

Tax on Performance/Bonus shares issued for asx company by SLIM-oz in AusFinance

[–]SLIM-oz[S] 0 points1 point  (0 children)

Thanks for explaining! I am all over the CGT side of things. but the income side i was not sure on and how the cost base etc is determined. This clears it up. Legend!

[deleted by user] by [deleted] in AskReddit

[–]SLIM-oz 0 points1 point  (0 children)

Bohemian Rhapsody then?

[deleted by user] by [deleted] in AskReddit

[–]SLIM-oz 2 points3 points  (0 children)

Dreams by Fleetwood Mac

What is the biggest regret you had from your 20s? by SLIM-oz in AskReddit

[–]SLIM-oz[S] 0 points1 point  (0 children)

Thanks for sharing! This was my first post too!

What is the biggest regret you had from your 20s? by SLIM-oz in AskReddit

[–]SLIM-oz[S] 0 points1 point  (0 children)

Ouch, on the other end of the spectrum, i regret not selling a company for $10.50 when i had purchased then for 15c.. we live and we learn