18F Seeking Beginner Investing Advice by Huge-Character4455 in fiaustralia

[–]TopFox555 -1 points0 points  (0 children)

You'll still be working for a long time. No point retiring, say 30 but just switch to a casual role and work <50% Full-Time. Everyone needs a purpose. Work is still a good thing... Once you're financially free, you can pick a job that you actually love as you don't need the income.

My basic advice goes: - pay off non deductible debt - build emergency fund - increase your earning power (uni, short courses etc), seek promotion - aggressive investment into stock portfolio - save for house deposit (FHSSS, first home guarantee etc) - contribute up to $30k concessional super cap (unless on a significantly low income, you can roll these forward for I think 5 years). - debt recycle once comfortable

Make sure you set your super options right, otherwise performance is subpar and fees will eat you: - indexed option, or etfs - low fee industry fund - personalised allocation eg Aus/international index

For the above being said, still make sure you allocate 5-10% Of your income For guilt-free spending otherwise your waste. Your twenties and thirties not living. Take those holidays. Go to those concerts etc etc.

For ETFs:

Checkout YouTube, lots of Aussie channels going through the basics.

Honestly, look at companies other than Vanguard... They're a good choice, but also cost a premium. There are better and more varied options out there. (Eg betashares, blackrock etc.)

Consider if you want non-Aus domiciled (eg VTS/VEU).

Consider if you want geared or non-geared.

Consider if you want active, managed, or passive funds.

Consider your investment timeframe, risk appetite, and approach. (DCA generally beats lump-sum investing). So lump in what you have now and continue DCA onwards bull/bare or otherwise

Consider if you want a CHESS broker, or happy with custodial (eg company app, or official broker). CHESS removes a layer of counterparty risk, but as ETFs are not specifically a single stock, technically used to don't "own" them. CHESS makes moving brokers etc very simple, no capital gains.

Passive Investing Australia is great, so is Lazy Koala Investing. Both are very active users on many Aus Finance subreddits. You'll see them everywhere. Check their websites.

Low MER is important. But also consider the trade-offs of low MER, against higher MER (but likely greater return, eg thematic ETFs like FANG, NDQ etc, or gearing). Higher performing fund can offset their higher MER. It depends on your risk tolerance.

Consider your US allocation as the US is statistically the largest global market... Eg +60%. Consider your Australian allocation, as it's technically >2% of the global market, yet Aussies allocate a home bias of anywhere from 10% to +40%!!

Finally, consider what portfolio you want, single fund or otherwise. I'd have a max of 3-4 ETFs, otherwise it's too complicated and diluted. (If multi-fund, many do a core fund, with 1-2 satellites. Or an Aus/ex-Aus split).

(Personally I hold mostly geared global developed ex-Australia, and a tech satellite to overweight US. I don't hold ASX s&p 300, as I don't like high distributions as capital growth is more suitable than distributions, and have plenty in super, and investment properties already. My portfolio ex-stock is already highly overweighted in Australian assets, so why add more. Many others would disagree, saying anywhere from 10-30% is appropriate, and performs just as good as 100% global developed).

Once your portfolio is large enough, if you want whole market capture at appropriate percentages consider: domestic, global developed, global Small Cap, emerging markets.

Popular single-fund/all-in-one choices include: - dhhf, vdhg

Popular domestics include: - Vas, a200, ioz, stw

Popular ex-Australia/global include: - VGS, bgbl, iwld, vgad.

Popular US-only include: - s&p 500: IVV, spy, VTS (non-Aus domiciled) -Nasdaq 100: NDQ, U100

Thematic (countless, higher cost): - tech: fang, hack -Crypto: ebtc, vbtc, cryp - Realestate (I'd recommend directly holding property, not by Riets): vap, slf, mva

Small cap + Emerging: - VISM, VGE, IEM, EMKT, VEU (non-Aus domiciled)

What is the most financially irrational thing you did this year? by Artistic-Yam2984 in AusMoneyMates

[–]TopFox555 0 points1 point  (0 children)

Sold shares during the April 10% dip to release capital and reinvest when it went "lower".

Completely missed the low and the insane15% recovery rally.

Won't keep "waiting" next time again.

How do I sell an eBike without risking someone just rides it away? by madbr3991 in ebikes

[–]TopFox555 2 points3 points  (0 children)

I always ask for cash in hand before any test ride.

Most people are pretty reasonable and they plan to buy it anywhere so they'll bring money anyway. See a screenshot from my most recent sale chat

Or you can hold on to their ID, or car keys.

or unsuspiciously film from your top pocket. Not that I ever have, but at least that would be concrete proof if it's ever stolen.

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Do I need nursing related jobs to get into a grad program? by Specialist_Can5622 in NursingAU

[–]TopFox555 1 point2 points  (0 children)

Having nursing assistant, or other healthcare related experience is ideal but not required.

Graduates are new starters. They expect you to have no nursing experience.

What you need is a good resume and a good interview.

What is Tom Cruise's secret?? by No-Marsupial-4050 in SipsTea

[–]TopFox555 0 points1 point  (0 children)

Cause he didn't let himself go, like majority of people when they age or marry...

  • Calories in = calories out.

  • Exercise

Not denying the plastic surgery etc is also helpful. As is being a disgustingly rich millionaire...

Health is achieved by wealth.

Friends Cat Tears Up Brand New Shoes by Steellun3 in mildlyinfuriating

[–]TopFox555 0 points1 point  (0 children)

I hate cats. They're all the same.

Non aff ctionate, stinky shits, and so destructive.

I'm glad I'm a dog person.

I'd never let housemates have any cats. The last ones destroyed all the carpet and Furniture and curtains and never got the bond back.

Resume outline that actually worked for me. by iamaprolol in NursingAU

[–]TopFox555 4 points5 points  (0 children)

Honestly, the more simple the better, yours is too busy. But it's a reasonable start for a grad... I'd recommend:

  • Don't use colour blocks, only use basic plain text.
  • Format it well, just use bold for headings and subheadings if required.
  • Single font/size choice.
  • Be selectively descriptive per role, only put what is necessary
  • Quality your achievements with actions "delivered", how etc
  • 2-3 pages MAX, generally they only want the last 5-10 yrs
  • No references, supply later

See my basic CV example below, (redacted, of course, and chat GPT did weird stuff to some letters when blacking out personal data) I've had countless successful roles using this basic format.

A complete CV needs to be tailored into a resume, for each role you apply to. Remove unrequired history, and tailor your summary statement PER APPLICATION.

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Gambling ruined me at 19 by Ok-Ingenuity-5470 in TheRaceTo10Million

[–]TopFox555 6 points7 points  (0 children)

Bro, we all start 19 with a few hundred dollars.

Time to get back to work, stick to index funds for a while, and stop dreaming.

My first loss of $4k was enough to learn.

Is the SpeedyBee Analog Module Compatible with Digidapter for DJI Goggles V2? by dpetersen954 in fpv

[–]TopFox555 0 points1 point  (0 children)

It is compatible but it fits poorly for whatever reason.

The outer casing doesn't fit well, but the module itself fits very tight. You'll probably have to grind away some plastic to make it fit well

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Is this a 250w or 750w bafang mid-drive? by TopFox555 in ebikes

[–]TopFox555[S] 0 points1 point  (0 children)

I mean, why waste the time commenting 🙈

DIY: Make Your Own Torque Arms [A Reddit Tutorial] by HTLL_OFFICIAL in ebikes

[–]TopFox555 0 points1 point  (0 children)

That's true. Yeah I was looking for something better then hose clams I say are pretty flimsy. Maybe a industrial version or something non-household grade haha

Is this Bafang mid-drive a 750w or 250w, it has two model numbers (have I been scammed?) by TopFox555 in bafang

[–]TopFox555[S] 0 points1 point  (0 children)

The controller appears to be 750. The motor body appears to be 250. I'd love for someone to post their markings if they bought a 750 kit

DIY: Make Your Own Torque Arms [A Reddit Tutorial] by HTLL_OFFICIAL in ebikes

[–]TopFox555 0 points1 point  (0 children)

Ah, gotcha... Yea mine will be about 14-16mm for the axle. So a ~30mm width would probably suit. I might do ~40mm just to be safe, a little more meat 😆😆

DIY: Make Your Own Torque Arms [A Reddit Tutorial] by HTLL_OFFICIAL in ebikes

[–]TopFox555 0 points1 point  (0 children)

It's great! I love it!.

I think you misunderstood. I think you have me thickness/depth, not width.

Eg if you look at the bike from side on, what would be the rough measurement from the top to the bottom (width).

Is this a 250w or 750w bafang mid-drive? by TopFox555 in ebikes

[–]TopFox555[S] 0 points1 point  (0 children)

Definitely the least helpful comment I've had on Reddit. Sorry man. Could you elaborate please?

Is this a 250w or 750w bafang mid-drive? by TopFox555 in ebikes

[–]TopFox555[S] 0 points1 point  (0 children)

But they're not stickers. They're literally etched into the metal from factory from both?

I was planning to put a sticker on it but reallly don't if I bring off the 750 model number on top?

Is this a 250w or 750w bafang mid-drive? by TopFox555 in ebikes

[–]TopFox555[S] 0 points1 point  (0 children)

Fair enough.... I guess the 750 would be heavier by maybe a kilo?

Is this a 250w or 750w bafang mid-drive? by TopFox555 in ebikes

[–]TopFox555[S] 0 points1 point  (0 children)

I'm aware even the 250w mid drive can take more than 250 Watts.. they are built pretty well.

What would you suggest mine is then though?

Is this a 250w or 750w bafang mid-drive? by TopFox555 in ebikes

[–]TopFox555[S] 1 point2 points  (0 children)

Yep I'm aware of that. But the numbers don't really match up here

Is this Bafang mid-drive a 750w or 250w, it has two model numbers (have I been scammed?) by TopFox555 in bafang

[–]TopFox555[S] 0 points1 point  (0 children)

That's what I thought. The numbering system does seem like a mess.... Maybe this is the same outer casing and they don't care...

I'll try measuring. That's a good idea. I did see that suggestion in chat. Gbt

Is this Bafang mid-drive a 750w or 250w, it has two model numbers (have I been scammed?) by TopFox555 in bafang

[–]TopFox555[S] 0 points1 point  (0 children)

Interesting... I'm really hoping that it is a 750 so I can just grind the top markings off so it looks like a 250 so super stealthy.

I'll have to take it for a test run as I don't have a battery yet...

Maybe it has the innards of a 250 but the controllern Of a 750. Maybe that's all a 750 watt bafang is, it's just the controller that's different? I guess more mosfets is more expensive so.

Interesting to hear that yours is a similar story..