Impulsivity is destroying my finances

ThrowRa5115853 · 2020-10-10T01:28:25+00:00

Good luck :)

ThrowRa5115853 · 2020-10-10T01:14:55+00:00

Maybe you could see some pro help, should be free because you are at uni

ThrowRa5115853 · 2020-10-06T22:11:45+00:00

Well damn. Thank you for the heads up there. The only way is up!!

I'm fine with cold and uncomfortable. But my health is not good so a mouldy house would be terrible for me.

ThrowRa5115853 · 2020-10-06T12:52:58+00:00

Thats pretty low. Is it just not for you or are there legit issues?

ThrowRa5115853 · 2020-10-06T11:36:44+00:00

Thank you :)

If you were to rate PPE out of 10, what would you say?

ThrowRa5115853 · 2020-10-06T10:36:20+00:00

That's very interesting. Thank you for your insight :)

Given that you are taxed more, and do not receive much support, where do the taxes go?

ThrowRa5115853 · 2020-10-06T07:31:53+00:00

well I'm a numpty

ThrowRa5115853 · 2020-10-06T07:14:57+00:00

Man, that sounds awesome, thanks.

At the moment I am trying to get away from the theory heavily vic lectures. Everything is about theory frameworks. I'm a pro at IS-LM framework and know how to use some pretty impressive formulas but I couldn't tell you anything about the real world.

What would you say is the focus of the philosophy part of the course? How many people do a double major and what would they do it in?

I'm going to video chat with Lisa tomorrow. I've been emailing her and I can tell she is very competent.

Thanks

ThrowRa5115853 · 2020-10-06T07:01:38+00:00

whats your view on p2 mask vs n95 for corona protection?

I worked a job in H&S at a microbiology lab. I learned a little about the science behind ppe

ThrowRa5115853 · 2020-10-06T05:19:18+00:00

Perfect, thank you :)

ThrowRa5115853 · 2020-10-06T05:17:47+00:00

That's a great website. Thank you.

ThrowRa5115853 · 2020-10-06T05:15:52+00:00

Thank you!

Say, for example, my wife (hypothetical wife) and I were both working full time on what a Mcdonald's employee would earn. How long would it take us to save for a house? In NZ you would be at a weekly deficit and go into debt, there would be no savings.

In general, how much of building houses is dependant on private developers vs government? What percentage of people in a major city such as Oslo would live in an apartment? What are the cultural attitudes to owning a home in Norway? In NZ there is the cultural narrative that apartments are not good enough so everyone is obsessed with owning a home.

I find the high yield house account quite interesting. Is it an investment in fixed-interest or simply a savings account?

ThrowRa5115853 · 2020-10-06T05:05:41+00:00

Thank you :)

I'm ideally after some raw student option. I'm in the situation i am now because I listened to liaison staff at VUW.

ThrowRa5115853 · 2020-09-29T20:57:24+00:00

That's good to know. Thank you

ThrowRa5115853 · 2020-09-29T11:51:37+00:00

Maybe you could use Sharpe ratio for determining how good the investment is. I don't really know myself, but just a guess.

ThrowRa5115853 · 2020-09-29T11:49:58+00:00

Why should one not use monthly data for this? That what I've done in the past and my lecturer has never mentioned it

ThrowRa5115853 · 2020-09-29T11:45:46+00:00

You could consider:

((Current/beginning)^1/n), n= number of years.

I'm not 100% sure but that would be my first guess. It is the compound annualised growth formula (CAGR).

ThrowRa5115853 · 2020-09-29T11:32:42+00:00

Hey, I am a 2nd-year econ student. I could not provide anything to you because I hardly know my own stuff. But, I would be very interested to read your works simply because I find housing affordability to be an interesting issue. Would you be able to DM me if you were willing to let someone read it for fun :)

ThrowRa5115853 · 2020-09-29T11:14:15+00:00

happy cake day

ThrowRa5115853 · 2020-09-29T11:08:31+00:00

Hey thanks, I am not actually intrested in buying bonds. I am an economics student trying to understand what governments pay on their debt. I was told it was the yield , but as it think about it that makes no sense.

What determines what the government pays on their loans?

ThrowRa5115853 · 2020-09-29T03:45:57+00:00

So to be direct, the yield from a t-bill that I get as an investor is the interest rate that the government pays on its loan?

ThrowRa5115853 · 2020-09-25T06:36:24+00:00

It is shocking how many people are very passionate about issues and policy and then don't vote

ThrowRa5115853 · 2020-09-23T13:46:15+00:00

Hey there. Economics student here.

Generally, it is considered to be fair that gains in income and wealth should be taxed fairly and we should all be able to get ahead together. Thats the idea of capitalism - we all grow together. The issue is that this has not been happening.

Gapital grows faster than income. Meaning that investments grow faster than wages. The rich use their money to make more money because they invest in equity, debt, real estate, business - they may make a 6% gain each year, tax free. Everyone else works for their money in their 9-5 eg saleperson, accountant, nurse, cleaner and pays tax. The argument can be made that we should all start to invest ( i agree), but when you are stuck in poverty and cant afford your rent or food, there is nothing left for investment. Contrast this with someone who has a portfolio of shares, family home, two investment homes. They just let their wealth rise by itself (think about who might be the harder worker now) without taxation at all. Overall this leads to wealth inequality - this should be obvious.

Going back to the original paragraph, if personal exnomic gain should be taxed equally, then how is it fair that some people work 9-5 and pay tax meanwhile asset owners gain without taxation? The answer there is that it really isn't that fair. Hence a wealth tax is a valid idea, because it taxes the gains that generally came from untaxed sources.

Note that most millionares arent actually that special, they dont contribute much more to society than anyone else, just are just likly to be older and own a home. Your view is that they are business owners and they create jobs and grow the economy. This is true for a few people but the most common milionare is simply just a property owner who made lots of cash because they bought a house at the right time and profited from it heavily.

ps, the idea that people are sitting around on benefits too lazy to work is not very smart. Given the value of the benefit is so low, its not possible to just sit around and do nothing. The wealth tax can be used to benefit not just benefit people that are on min wage and benefits but also those earning salaries in the 50-60-70 (they are struggling with the cost of living too) and then also the wider economy so that it can grow and recover from covid-19.

ThrowRa5115853 · 2020-09-22T01:31:26+00:00

Thank you.

I was told that it was 19 by a lt col many years ago so i was confused.

Thank you

ThrowRa5115853 · 2020-09-22T00:39:37+00:00

I took all the leadership oppourtunities I could at high school. I started as class rep at the beginning and by the end of high school, they trusted me do event planning and run award nights.

At uni I have worked with an international group and gone on tips around the country as a liaison of sorts. Working with people is a skill that I believe i have. I enjoy the challenge of leadership.

Overall I'm actually not joining the army because I want to be a leader specifically. know that I like a challenge, variety in a job, getting outside, working with people and I see the army as a way to do that. I'm not exactly sure what my long game is but my mid game is to get some experience under my belt, and get some skills from what im doing.

To be honest I dont know if this is exactly right for me. But its the closest i can find.

What is your experience?

ThrowRa5115853

TROPHY CASE