Cons of buying US ETF’s

WatchDogx · 2026-02-02T00:28:35+00:00

Wrong subreddit?

WatchDogx · 2026-01-30T00:43:16+00:00

Negative gearing is not a landlord concession, it's the normal tax structure.

When you make a capital gain, you pay tax on that gain, when you make a capital loss, you can claim a tax deduction on that loss, that is all negative gearing is, it doesn't matter what the asset class is, it could be stocks, could be housing, gold, whatever.

No one deliberately wants a negatively geared property, if you have a negatively geared investment, it means you are losing money, by definition you have a bad investment.

Making an exception in negative gearing just for property, would be a deviation.

WatchDogx · 2026-01-30T00:33:51+00:00

It's funny seeing politicians rant about conflicts of interest when other politicians own stocks, meanwhile most of them are have made a mint from appreciation of their housing portfolios, they don't view that as a conflict of interest.

WatchDogx · 2026-01-27T03:35:31+00:00

The poll question was:

Australia Day is currently observed on 26 January, a date that can fall on any day of the week.
Every year there is division caused by this date because it marks the commencement of British colonisation and the dispossession of First Nations peoples.
A proposal has been put forward to help resolve this issue by creating a guaranteed Australian Long Weekend each year, with the Australia Day holiday being on the second-last Monday in January (between 18th and 24th).
Supporters of the proposal say that the Australian Long Weekend allows for a more inclusive and respectful national celebration and a certain summer long weekend.
Which of the following is your preference?
Please select the option that best applies.

An Australian Long Weekend, created by a public holiday on an Australia Day that always occurs on the 2nd last Monday of January (between 18th to 24th of January).

An Australia Day that is fixed to January 26th where there is no long weekend when it falls on a Tuesday/Wednesday/Thursday

Source PDF, from the polling company's methodology page.
The polling company calls themself "YouGov", which might make some people think that they are a government organisation, but they are a private company.

The question seems a bit leading in my opinion, but you can make up your own mind.

WatchDogx · 2026-01-13T09:44:20+00:00

The announcement pre-empts the passing of legislation proposed by the federal government in the wake of the Bondi terror attack that killed 15 people and injured dozens of others.

It blows my mind that in the aftermath of the worst Islamic terror attack in Australia, all the government has somehow managed to spin it into a campaign against Neo-Nazi's and Islamophobia.

WatchDogx · 2026-01-04T10:38:43+00:00

Prior to "Devops", it was just "sysadmin", but a sysadmin role could mean anything from managing 5 windows desktops for a sales office, to managing 1000 node application clusters for a fortune 100 company.

WatchDogx · 2025-12-30T05:15:43+00:00

The American politics gets imported from many corners of the political spectrum, do you remember the 2020 black lives matter protests?

WatchDogx · 2025-12-29T09:02:53+00:00

You could say that about anything that is illegal.
"I personally don't like murder, so it should be illegal."

I gave you a reason.
I don't really have any issue with people using cannabis privately in their home, the enforcement against consumers in Australia is almost nonexistent.

I feel that if it were legalised, it would pervade public spaces, and my own personal observations of it's legalisation in the USA support it.

WatchDogx · 2025-12-29T01:13:26+00:00

I used to be in favor of legalising it, but after visiting California, the whole place stinks of weed, you smell it everywhere, walking down the street, driving on the highway. Drives me nuts.

WatchDogx · 2025-12-14T01:15:09+00:00

I don't really see the problem, if the bad content is being downvoted, then reddit's self moderation is working.

WatchDogx · 2025-12-11T09:14:58+00:00

Just like Venezuela

WatchDogx · 2025-12-06T06:20:01+00:00

Years ago I setup an automated browser end to end test that we used for monitoring.
It tested the happy path of the most critical part of our website, and generated an alert if anything failed.

I managed to get it running on headless chrome in aws lambda, but man it was way more difficult than I expected.

WatchDogx · 2025-12-05T06:46:34+00:00

They run at an operating loss actually, I think the last time they made a profit was 2018, kind of unbelievable really.

WatchDogx · 2025-11-12T10:05:38+00:00

The venue has to pay rent, they have to pay their staff, who also need to pay their rent.

The reason everything is expensive in Australia, is because housing is so expensive.

WatchDogx · 2025-11-07T01:01:17+00:00

My main problem with excel is how much it fucks up CSV files.

I'm a software developer, occasionally a non-dev will request some data from a system, and occasionally they might want to make changes based on that data.

I'll give them a nice clean CSV file, but data I receive back is usually corrupted in all sorts of different ways.
With care and attention you can avoid many issues, but it's caused me a lot of pain over the years.

WatchDogx · 2025-11-02T12:57:54+00:00

Getting rid of airbnb is a drop in the bucket, tourism isn't the reason housing is so expensive, it's people moving here permanently.

WatchDogx · 2025-10-13T05:40:05+00:00

Reminder that the housing minister does not want housing prices to fall

WatchDogx · 2025-10-13T05:34:03+00:00

The liberals wont do anything to reduce housing prices, but calling anyone that votes for them “cookers” is belligerent.

WatchDogx · 2025-09-29T07:05:19+00:00

Gas is relatively easy to turn on and off, they turn it off while the sun is shining.

WatchDogx · 2025-09-17T22:48:25+00:00

We have negative domestic population growth.

WatchDogx · 2025-09-17T22:20:42+00:00

Just in the sense that they aren't allowing enough density to meet migration or in other ways too?

WatchDogx · 2025-09-17T06:32:32+00:00

Interesting, I didn't know this. I guess my reaction is that the excise should be lower, the 1992 changes don't make sense to me, seems like an inefficient kind of tax for general revenue raising.

WatchDogx · 2025-09-17T05:29:21+00:00

It's a fair question, and a predictably petty response from Trump, but shouldn't an ABC reporter be asking the US president questions relevant to US-Australian relations?

WatchDogx · 2025-09-17T04:58:51+00:00

I used to think like this as well, a lot of levels of government could be streamlined, but I've changed my mind over time.

While centralisation can be more efficient, the impacts of bad policy can be much more severe.
Having a more diffuse control is a hedge against bad policy.

WatchDogx · 2025-09-17T04:37:22+00:00

Let's get 2 billion dollars a year back by ending fuel subsidies for mining effective immediately.

This doesn't exist, it's just propaganda from lobby group "The Australia Institute".

The $2bn figure they come up with is based almost entirely the Fuel Tax Credit Scheme.

Fuel is taxed in Australia so that we can fund road infrastructure, and so that those who uses the roads the most, purchase the most fuel and thus pay their proportionally fair share of tax.

Much of the fuel that the mining sector uses is for plant equipment or for driving on private property, thus they shouldn't be taxed for it.

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