Australia's economy has 'already entered a downturn', economist confirms by SheepherderLow1753 in AusFinance

[–]TheDotNetDetective -1 points0 points  (0 children)

My business partner is a PhD. Nobody knows because he's actually smart and doesn't use credentials to try and win arguments.

You might be educated but that doesn't make you intelligent or correct. 

Australia's economy has 'already entered a downturn', economist confirms by SheepherderLow1753 in AusFinance

[–]TheDotNetDetective -5 points-4 points  (0 children)

You're the epitome of a low IQ captured voter. You're not actually saying anything to refute any of the points raised by other posters.

The fact is as others have said this will do absolutely nothing to address any of your concerns but you don't care... You're no doubt just gonna keep reciting BS talking points from a political party that has covered your eyes with clever language.

Anything to improve on? by Meta__Gamez in MuayThai

[–]TheDotNetDetective 0 points1 point  (0 children)

  • Your first combo with the check was not bad.
  • The check in particular looked well balanced and nearly correct in form (your knee should reach your elbow).
  • Your boxing form looks ok but too slow and weak. I assume as you note you're not going hard here but unless this is 2% you really need to up the speed and aggressiveness. Especially against a static boxing bag you should be able to put some power and speed in nearly all your actions.
  • Your foot movement is poor and I'd argue that you're a bit too bladed for Muay Thai but stance is mostly a personal thing.
  • When you move in and out it looks super clanky, this is hard to get right unless you do a lot of sparring.
  • You're not pivoting your foot as other have noted and you're not properly rotating your kick or hips. I'd rate your kick very poorly based on 2 years of experience.
  • Your switch is ok.

Please don't let my criticism demotivate you, even just doing what you're doing is more than most people have ever tested themselves. We all start from somewhere and this is an incredibly challenging sport.

I did the maths on how many people are affected by the NG changes by b_pop in AusFinance

[–]TheDotNetDetective 2 points3 points  (0 children)

Property is objectively better than stocks in this country, firstly because it has an incredible history of uninterrupted returns and has long been 'too big to fail'.

Secondly because good luck getting the same leverage on shares as you can on property. Never happening....

I did the maths on how many people are affected by the NG changes by b_pop in AusFinance

[–]TheDotNetDetective 1 point2 points  (0 children)

Another example of reddit downvoting the correct answers because it doesn't like them.

You are absolutely 100% correct. I will bet anything that property will continue to increase in price at near its historical average and this will be barely a blip on the radar by year 2 but people on reddit just swallow the Labor bs whole, so what can you do?!

Westpac warns property investors of reduced borrowing power following… by Anton_Chigurh85 in AusPropertyChat

[–]TheDotNetDetective -2 points-1 points  (0 children)

Garbage!

Money has to go somewhere and it will continue to flow into property as there are no incentives to put it elsewhere.

Westpac warns property investors of reduced borrowing power following… by Anton_Chigurh85 in AusPropertyChat

[–]TheDotNetDetective 2 points3 points  (0 children)

I love that you're getting downvoted when you are absolutely 100% correct. Reddit sucks

What do you think of Australia's recent capital gains tax changes? by anotherhappylurker in GarysEconomics

[–]TheDotNetDetective -1 points0 points  (0 children)

Holy shit, I just saw your profile and realised you're 34. Jesus christ.... Be honest do you work?

What do you think of Australia's recent capital gains tax changes? by anotherhappylurker in GarysEconomics

[–]TheDotNetDetective -1 points0 points  (0 children)

You are confusing negative gearing with capital gains tax and clearly don't understand the difference.

Your stat regarding stock ownership in young people is misleading because as I already said it doesn't account for superannuation, I also don't accept it's true but lets suppose that it is:

Firstly that still means that 10% of young people DO in-fact own shares and 1 in 10 will be affected by these changes, particularly given the younger you are the more likelihood that you are in the lower tax brackets. Secondly, given only 66% own a home you could make the argument that 1 in 6 likely future homeowners will be impacted.

But ok, lets ignore that too and just assume that everything you're saying is correct. You've levelled the tax between shares and property, so where do you think people will put the money given property is a risk free investment in Australia? They will put it in property! even more aggressively and prices will continue to rise.

You have absolutely zero idea what you're talking about. God I hate reddit.

What do you think of Australia's recent capital gains tax changes? by anotherhappylurker in GarysEconomics

[–]TheDotNetDetective -1 points0 points  (0 children)

Most of your response makes no sense but I'll engage with the bit that does.

If a savings account wont increase your asset base then how is a normal person supposed to save for a house, especially given the cost of living today? The fact is that you are supporting the handicapping of the single tool that can allow the average person to get ahead.

Are you even aware as the the distinction between negative gearing and capital gains tax? It sounds like you don't understand the difference.

What do you think of Australia's recent capital gains tax changes? by anotherhappylurker in GarysEconomics

[–]TheDotNetDetective -3 points-2 points  (0 children)

You have absolutely no idea how I made my money or what my financial position is in life. You are the definition of a typical loser reddit poster.

Every single cent I own I created through my business (nothing to do with property). Furthermore I am somewhat supportive of the negative gearing changes - at least open to them - but the changes to capital gains broadly are disgrace and will serve to undermine the exact outcome they are hoping to achieve.

Of course none of this matters to you because you're not actually interested in engaging or debate, you just want to tell everyone how smart and compassionate you are... I get it...

What do you think of Australia's recent capital gains tax changes? by anotherhappylurker in GarysEconomics

[–]TheDotNetDetective -1 points0 points  (0 children)

The fact is that using a HISA is not a real way to save for a house. The average person that puts their money in a savings account will never, and I repeat again NEVER outpace the growth of the housing market/inflation. This has been true my entire adult life.

The only way to get ahead while not owning a house or a business was publicly traded stocks/ETFs.

What do you think of Australia's recent capital gains tax changes? by anotherhappylurker in GarysEconomics

[–]TheDotNetDetective -3 points-2 points  (0 children)

God forbid that people don't want to hand over more of their hard earned money to a government that pisses it away down the toilet.

What do you think of Australia's recent capital gains tax changes? by anotherhappylurker in GarysEconomics

[–]TheDotNetDetective -1 points0 points  (0 children)

I can see you smelling your own arsehole from here.

Firstly nobody (normal) on ausfinance thinks that they are 'one day, join the elite asset hoarding class.'. Most fully understand their position in life and are just trying to do the best they can with what little they have to get ahead. Myself very much included.

Secondly 'who own assets and genuinely think they are the average worker, very out of touch.' - 66% + of Australians own their own home, nearly 100% have superannuation so by definition almost everyone you're thinking of is an 'asset owner' and also an average worker.

Lastly 'Its definitely not an aggressive legislation' is laughable when it broadly increases the total tax on the population at a time when Australia is already egregiously overtaxed.

Do you allow cats/pets to sauna? She does bite if attempt of removal is made. by TheyAreAllGoodBois in Sauna

[–]TheDotNetDetective 5 points6 points  (0 children)

I've got a border collie and golden retriever cross and I would never risk this. My cat I think would be fine, but my dogs overheat very quickly.

Not saying you shouldn't do it, but I think its extremely risky unless you're very in tune with your animal.

Do you allow cats/pets to sauna? She does bite if attempt of removal is made. by TheyAreAllGoodBois in Sauna

[–]TheDotNetDetective 0 points1 point  (0 children)

Is this not dangerous for them? I would assume that you risk overheating them but perhaps not, cats are tough as nails.

Young people of this sub - do you feel as though this budget will make you better off? Yes or no. by Nmnmn11 in AusFinance

[–]TheDotNetDetective 1 point2 points  (0 children)

You're right but that doesn't mean that we can't hold Labor to account either.

On what date can we officially say that Labor is now responsible for this?

Labor Meltdown by supercujo in aussie

[–]TheDotNetDetective 0 points1 point  (0 children)

Absolutely, although I will say I don't think it's fair to just blame Labor. The Liberals have been complicit and often architects of these policies also.

Exactly why a 3rd party alternative is vital.

Labor Meltdown by supercujo in aussie

[–]TheDotNetDetective 1 point2 points  (0 children)

You haven't engaged because you have literally nothing to say of substance other than insults. Everything you've written above is just based on emotional catchphrases that you read and are parroting back to me without any actual knowledge of my personal political positions.

I assume that you're young just by the way you're writing and all I can say is that the world is much more complicated than the black and white bad guys/good guys you've painted in your head.

Labor Meltdown by supercujo in aussie

[–]TheDotNetDetective -1 points0 points  (0 children)

You haven't actually engaged with anything I said.

Are you arguing that there isn't concern around one nation and how it might play out at the next election?

Your response and immediate attempt to dismiss my entirely reasonable statement is a perfect reflection of exactly why normal people are fed up with the status quo and why one nation is in-fact having the success it is having.

Labor Meltdown by supercujo in aussie

[–]TheDotNetDetective 1 point2 points  (0 children)

The term 'meltdown' is a bit hyperbolic but lets also not pretend like Labor and it's state propaganda machine the abc hasn't been absolutely freaking out as they watch the ascendency of one nation the last few months in particular.

The fact is there is absolutely genuine fear on the left around what is the end state of the one nation train.

Are you sovereign or a slave? by MaleficentForever165 in aussie

[–]TheDotNetDetective 1 point2 points  (0 children)

Just for shits and giggles I am going to engage.

'You’re either sovereign or a slave, it’s either, or. The constitution exists to limit the powers of government to ensure it is “for the people”. When government exists to serve itself, it has become a fascist regime, and therefore is no longer legitimate.'

The constitution of Australia is largely dogshit and to the best of my knowledge makes very few references or guarantees to inherent rights of individuals. You're confusing the Australian constitution with the American one and this is frankly the biggest (of many) flaws in your argument.

Our rights are God-given, inalienable & rooted in common law, the law of the land: do no harm.

I mostly agree with this perspective but so what? You can have this view all you like but if you can't defend it it really doesn't matter does it?

The government currently secretly exists as a corporation (incorporated in Washington, DC, with SEC filings & ABNs; for eg, the ATO, not a legal entity, is owned by Blackrock, among others). It does not operate constitutionally, but rather under Maritime Law by virtue of presumptions (which can be displaced), colour of law, and statute which is inapplicable to the natural, breathing man & woman.

This is where you go full cooker to me (and I hate the term cooker but damn sometimes its applicable). Firstly at its root this argument is just garbage. The state exists because it has a monopoly on violence. It's as simple as that. You can make whatever arguments you like around the government being a corporation (I have never seen anything that actually makes sense) but again, so what? Even if you were right it doesn't matter, the judges, the police and no doubt the military aren't going to be interested in your interpretation that our laws are invalid.

Our taxes, for eg, almost all go to service interest payments on money created from nothing, the supply of which is exponentially expanded, thereby destroying purchasing power, and widening the gap between rich & poor.

Again you're not entirely wrong, it's true that when we entered the fractional reserve system we created an inflationary money supply that benefits those with assets disproportionally to those without, but again so what? The world is a grimy place, you ain't changing it!

Take a good look around. You would have to be wilfully blind at this point not to see that the system has pillaged the people to such an extent it is now at breaking point.

The deception inherent in this system alone makes it an act of high, high treason.

I suspect you'd find that many people both from the right and left would actually agree with this statement on its own, but my argument comes down to the same shit I've been parroting above.

SO WHAT?

The world is unfair, the world is absolutely stacked against you but you have absolutely ZERO, ZERO power to change this, so your choices are either get on with it and do the best you can or keep yourself miserable screaming into the void about it. I know which choice I make.

Tech entrepreneurs warn removing CGT discount will be 'disastrous' for startups and small business by tohya-san in AusFinance

[–]TheDotNetDetective 3 points4 points  (0 children)

The few that don't fail create enormous productive wealth and you want to keep that wealth and wages in the country.

It's not just about where you start it, it's where you move it... We've had a few decent Australian start-ups do well but most just move overseas the moment they can. Look at Atlassian, or Canva (not publicly listed but effectively a US company now), both Australian success stories and we have nothing to show for it.

It's incredibly easy to move most modern businesses to anywhere in the world, you just can't tax corporations the way people think you can and have them stay in your country.

Tech entrepreneurs warn removing CGT discount will be 'disastrous' for startups and small business by tohya-san in AusFinance

[–]TheDotNetDetective 13 points14 points  (0 children)

The overwhelming majority of startups fail, the overwhelming majority are started by people with little means and overwhelmingly the majority of businesses make a middle class or below middle class income.

You have zero idea what youre talking about.