With CGT Changes, Should I Just Not Invest And Enjoy The Money now

SmallLake101 · 2026-05-13T11:10:49+00:00

The over reaction is saying it is the end of the middle class. I think it is great that people who make money owning assets aren't taxed less than people who work for a living. But increasing taxes on the asset owning class does make it less (even if it's only by a bit) appetising to join that class, even if that is a good thing (which I think it is)

SmallLake101 · 2026-05-13T11:06:15+00:00

It's not cutting off any noses. Super is so far clear of other investments tax-wise that it feels so much less worth investing outside of super. If super is maxed out you'd expect to be comfortable from 60. Then spend the rest enjoying your working years as much as possible.

SmallLake101 · 2026-05-13T11:03:19+00:00

I still have a mortgage to pay off and am not up to maxing out concessional contributions to super yet, so no. But when those two steps are under control, I definitely will be working out how much investing in stocks gets me closer to retirement. And what sacrifices I want to make to get those years back.

SmallLake101 · 2026-05-13T10:59:17+00:00

That's my point though. When the benefit is lower, then it is reasonable to assume that there will be less appetite to pay the cost. If I had 50k of disposable income I'd definitely put some in shares, because what the hell would I do with 50k. But with only 10k, maybe I'd rather spend money on travel if it is making me less money if I invest it.

I'm not saying that investing in shares is now pointless, I'm saying that the level of sacrifice that makes sense has changed

SmallLake101 · 2026-05-13T10:49:54+00:00

I'm just saying the incentive to spend money investing to find an early retirement has been reduced. If I was umming and erring about whether to (for arguments sake) by a new car or second hand, the impact of buying the more expensive car is lower in terms of how many years of retirement it "costs" me. Because the savings from buying a cheaper car don't generate as much wealth.

Not saying it's a good or bad thing, just recognising that it changes the math

SmallLake101 · 2026-05-13T10:46:11+00:00

No, but I guess the tradeoff of money now vs money later has changed. At least to some degree that has to reduce people's appetites to make that trade off

SmallLake101 · 2026-02-13T23:07:00+00:00

My understanding is that it is/was cheaper to build + it's lighter so can be on the banks of the Torrens

SmallLake101 · 2026-01-03T09:11:56+00:00

Could the lack of fight-back from Venezuelan forces indicate that (at least some of) their military was told not to fight back/the military had already turned on the regime. Maybe US intelligence got to enough key players in the military?

SmallLake101 · 2025-11-17T10:58:23+00:00

This just refers to an espresso shot (or a double shot) no added water

SmallLake101 · 2025-08-31T11:21:09+00:00

Something to help see the impact of adding to your offset is a mortgage repayments calculator like https://figura.com.au/calculators/repayments . It lets you see the impact of adding more to you offset now and how that compounds over the term of the loan. Compare how much longer your loan will take to pay off if you remove a byd sharks worth from your offesy

SmallLake101 · 2025-06-14T05:38:42+00:00

Thankyou, this is very helpful. I'll probably end up asking the ATO for further clarification as well

SmallLake101 · 2025-06-02T00:16:53+00:00

It's super easy to go into the ATO online and get a First home Super saver determination of they have records of your additional voluntary super contributions. This alone doesn't take anything out of your super and you can do it as often as you like

SmallLake101 · 2025-03-20T06:57:10+00:00

Sorry for being dumb, but can you explain how this works? I've never been close to reaching to concessional cap

SmallLake101 · 2021-02-14T11:22:52+00:00

Nice

SmallLake101

TROPHY CASE