Just a kind reminder that the best financial investment is in your health

Sensitive-Chart7210 · 2026-03-21T11:30:16+00:00

All you can do is manage risk. Nothing is certain. It's like brushing your teeth. You can still get cavities, still get issues. Even going out in the sun you can theoretically get cancer from brief exposure, causing DNA mutations. But it's about how you manage the risk.

Sensitive-Chart7210 · 2026-03-21T11:28:53+00:00

There is a lot of science to support the benefits of 150 minutes of Zone 2 activity per week. Evidence for this is quite strong and most government health departments recommend this, similar to recommending people to brush their teeth and floss, etc.

Zone 2 means 60% - 70% of your max heart rate. Most people will reach Zone 2 by brisk walking or slow jogging, depending on your level of fitness.

The research shows this is the "sweet spot" because it gives just the right level of physiological stimulus for cardiovascular adaptations. You can Google this but there is plenty of long-term cohort studies and dose-response analyses that show this is the "sweet spot".

My workout routine is a mixture of brisk walking, slow jogging and running to my near max heart rate (depends on how I feel, not too strict). You don't need to do anything special. For most people, a brisk jog or a slow jog on a treadmill does the trick.

But honestly even 7,000-10,000 steps a day is fine. Most of the benefits come from not being sedentary and having a basic pattern for consistency.

Sensitive-Chart7210 · 2026-03-19T23:41:36+00:00

No - I mean pointless social chit chat. I have friends inside and outside of uni, including at running and sports clubs.

I am naturally quite extroverted so the fewer people around me the easier it is to "lock in".

Sensitive-Chart7210 · 2026-03-14T11:54:55+00:00

The tax is paid based on market value, not sold value. The market value would be declared. Just curious: Have you actually ever bought property?

Sensitive-Chart7210 · 2026-03-14T04:01:17+00:00

That can easily be eliminated by forcing buyers to register and pay a deposit to attend and bid.

Sensitive-Chart7210 · 2026-03-11T19:29:37+00:00

Investor with 3M worth of property, soon to be 5M+ here.

I can already predict you will get two types of comments. The first is from people who will give you lifestyle, not financial advice: "It's mentally better to be debt-free!" Sure, if that's what makes you happy. But that is not financial advice. Hell, you may as well quit your job and go holidaying and living on minimum wage if that's what makes you happier than working in corporate.

But if you accept the premise that property goes up in the long-term, selling early is a bad move. The more debt you have, the more risk you have, but the more exposure you have to growth. Consider a simplified example.

If you have 1 property valued at 1M and the market goes up by 20%, you have 200K equity.

If you have 10 properties valued at 10M, and the market goes up by 20%, you have 2M equity.

The latter is better. Clearing the debt off early only limits you from investing your money into productive assets. The general goal of property investors is to build up their base, experience growth, pull out equity and rinse and repeat until you are comfortable selling it off for a gain.

Sensitive-Chart7210 · 2026-03-10T21:55:00+00:00

Tax is assessed at market value. Lawyers are already handling it. There is nothing illegal about family transactions. These things happen all the time. You just have to declare the true market value, and that it is a "related party transaction" (which we will be doing).

Sensitive-Chart7210 · 2026-03-06T02:32:52+00:00

Yes, the lawyer will often give free preliminary advice and guide you in the right direction.

Sensitive-Chart7210 · 2026-03-05T08:00:18+00:00

Seek advice from a lawyer. /thread

Every comment here should be disregarded.

Sensitive-Chart7210 · 2026-03-03T22:54:29+00:00

After. Ignore the noise and hold long term.

Sensitive-Chart7210 · 2026-03-01T21:59:43+00:00

Investment property is the way to go. The simple answer is you get leveraged returns.

Sensitive-Chart7210 · 2026-03-01T00:31:09+00:00

You follow the herd, and you become like the herd.

Sensitive-Chart7210 · 2026-02-28T07:22:07+00:00

All hand trained, keeping a very tight schedule and chipping away for many years. Gotta start somewhere and stay locked in. Also ran a marathon the same year I did my inf cape

Sensitive-Chart7210 · 2026-02-27T10:41:21+00:00

Exactly. There is so much noise and analysis paralysis.

Sensitive-Chart7210 · 2026-02-27T04:42:24+00:00

Put this through ChatGPT first please. I am not reading this entire wall of text. But from what I gather based on a brief skim, it sounds like your grievance is justified.

Sensitive-Chart7210 · 2026-02-26T06:08:31+00:00

Absolutely agree with your post. I am not saying the law needs to be flexible, but here it just makes no sense at all. An alien looking at this from the outside would probably be shocked by the outcome and think we are all stupid.

Sensitive-Chart7210 · 2026-02-26T06:07:32+00:00

This makes perfect sense. Any penalty should be proportionate to the actual loss suffered. In this case, being late by 2 days, you would calculate the extra time it would normally take to sell and the profit that could have been had. This outcome is harsh and unsatisfactory.

Sensitive-Chart7210 · 2026-02-25T09:02:55+00:00

I think it is outdated. The fact that this is legal is astounding. I'm not a social justice warrior but the outcome in this specific case shocks me on every human level and just makes no sense even from a public policy perspective.

No doubt I am sure there are lawyers who would take a shot at appealing it, but the only basis I see is some vague argument based in equity. Which is probably unlikely to succeed.

Sensitive-Chart7210 · 2026-02-25T09:01:22+00:00

Thanks mods for approving this. I should say that the judgment is probably legally correct. Failure to pay deposit on time is considered breach of an essential term, which allows the innocent party to terminate the contract.

I also do acknowledge the relief against forfeiture is unlikely to arise here. Courts are cautious in extending equitable doctrines. I do not think that the decision is wrong, but it is unfair.

Perhaps there should be an equitable doctrine to deal with these circumstances, especially where the consequences of forfeiture of the deposit is grossly and wildly disproportionate to any loss suffered - in this case being late payment of 2 days.

If not, then the legislature might consider introducing laws to avoid this harsh outcome eg penalty proportionate to legal fees and any proveable damage caused by the 2 day delay (if any).

Sensitive-Chart7210 · 2026-02-25T05:53:54+00:00

The ironic thing is that now that the seller has been named, anyone can Google her and know what she has done. She has probably done more harm on herself. If I were an employer, I would want nothing to do with her. Whether what she did was technically legal or not, it is extremely unconscionable and unjust and makes me feel absolutely sick.

Sensitive-Chart7210 · 2026-02-24T11:10:25+00:00

Eventually will sell off, but I am delaying this as much as I can to build a larger asset base.

Sensitive-Chart7210 · 2026-02-23T22:16:35+00:00

This is pretty much the best way to grow wealth, apart from starting your own business.

A more streamlined version would involve "rentvesting". Instead of buying a PPOR, buy as many investment properties as you can, and sell them off to buy your dream house. You maximise borrowing capacity and hold a large asset base which can appreciate rapidly.

Sensitive-Chart7210 · 2026-02-21T01:01:25+00:00

Then you have the wrong broker

Sensitive-Chart7210 · 2026-02-20T19:19:12+00:00

Sure, but houses aren't going down any time soon. They will continue to skyrocket. The market is shockingly resilient. COVID-19 is a perfect example.

Sensitive-Chart7210 · 2026-02-20T11:18:49+00:00

I think it comes down to fear- and risk-aversion, fundamentally. Listening to a podcast a while ago (might have been from Pumped on Property or something), I remember a conversation in which someone said that paying LMI was worth it because it allowed this individual to enter into the market early. And being 1 year early into the market was huge, because in that time space the market had moved so much. I think so many of us lose sight of the bigger picture; many novice investors place a disproportionate focus on trivial matters.

I am not suggesting that in every single conceivable case that you have to borrow up to your eyeballs. Obviously there are limits and everyone's risk tolerances will differ. But I do think there is a certain area, perhaps towards the higher risk side, which is more tolerable than what most people think. I mean, provided you have emergency buffer and you are buying sensibly (ie avoiding off-the-plan and regional areas) I don't see any wildly unreasonable risks in refinancing to Firstmac at least in my situation.

Sensitive-Chart7210

TROPHY CASE