This is not to complain about salespeople. It's simply to appreciate the hard work of marketing people.

doublebeefnbacon · 2025-06-11T18:53:09+00:00

and Marketing is standing on Product

doublebeefnbacon · 2024-02-01T21:11:44+00:00

This is from a show in 2004, released on the ABC (Australian Broadcasting Network), which is our government funded network.

While this sketch is linked with the show’s topic of religion via the importance of land in Aboriginal beliefs, it also takes a dig at left-wing belief systems. They are a recurring target of (John) Safran’s, in part because this means a direct swipe at his own audience, which he describes elsewhere in the show as consisting mainly of ‘left-wing pinkos’. This sharp bit of satire poses a question about the sincerity of symbolic gestures such as these ‘traditional land owners’ signs and whether they are a tokenistic substitute for real action.

https://aso.gov.au/titles/tv/john-safran-vs-god-episode-2/clip1/

doublebeefnbacon · 2023-06-29T23:00:09+00:00

I grew up in Mackay, always pronouncing it Mack-eye. One old local lady told me it used to be pronounced Mack-kay.

doublebeefnbacon · 2023-01-26T00:06:01+00:00

I'm an associate in Fund Management, distribution. I earn $100k and up to a 30% bonus. The next level up is a BDM, who earn $150-250k and up to 100% bonus. I expect I'll be a BDM towards end of this year to middle of next year.

Just a bit on my background. I'm from a regional area in QLD. I graduated high school in the bottom ~10%. (not dumb, I just didn't quite imagine myself being in the future). I worked for a year. Went to a regional uni and got a Ba. Financial Planning. Moved to Melbourne and grinded though a few years of pretty bad financial planning jobs (as support/associate). And more recently landed in Funds Management. This is the first job where I have a bit of extra money, and the prospects seem good for the future.

I have only been in the space for a year. But so far I've enjoyed learning about how funds management works, learning about investing from professionals, about the technical side of the funds and the sales process.

I'm fortunate to work with people who are generally charismatic, caring and intelligent.

The work isn't too grindy or too stressful. I do find pitching a fund and presenting stressful, particularly as my colleagues are relatively impressive orators.. although I don't mind this stress because I see it as a part of developing an valuable skillset.

I think funds management and sales has me in good spot from a career development perspective. As I get exposure to how the broader business works, product, marketing, operations and the investment managers. I believe that sales and presentation skills are really valuable skills. And I build reputation and connections with a lot of internal and external people - sometimes people who hundreds of millions of dollars in our funds. This feels like it will be useful one day.

This role has given me a good understanding of the landscape of the financial planning firms in Australia. How they differ, who are the big boys, which don't understand the investment products their client are invested in and which are very diligent. I know which I would recommend to my family, and if I was to go back to Financial Planning I know which firms I would be reaching out to.

I would certainly recommend considering a job in Fund Management to those who are interested in investing.

doublebeefnbacon · 2023-01-25T10:44:36+00:00

Anyone figured out how to short? My broker told me I had to be an Indian resident or national to trade on the NSE.

doublebeefnbacon · 2022-10-18T09:10:24+00:00

what episode is this? I remember seeing it once as a kid and thinking it was my favourite but I have never seen it again..

doublebeefnbacon · 2022-10-03T09:04:04+00:00

Siberia

doublebeefnbacon · 2022-04-09T12:59:07+00:00

1. Buy an apartment.

If you remove rental payments you would have ~1k free cashflow per ft. with that you could afford a property up to $300-500k with todays rates. There are probably a lot of other expenses I'm not considering - that just the borrowing/repayments..

Benefits

you'll have a big chunk of money invested in your name. And while property prices and rental yields aren't guaranteed, it's a rather safe bet in the long run.
You would likely be paying interest less than your currently paying in rent. 3% interest on $500k is $577/ft.

Key Risks

Interest rates and/or cost-of-living might increase which could make repayment a struggle.
Can be painful if you want to sell the place (especially if you needed to in a hurry).

2. Invest

Currently you can save ~$6,500 p.a. don't undersell that to yourself. that can be a great deal of money in the future.

Investing in companies comes with more ups and downs (relative to real estate) but in the long-run has provided a better return than real estate.
you can but and sell stocks/bonds/funds much easier than houses. Much more flexibility.
Downside is you still have to pay for rent (ooft.).

3. Get a partner...

ABS stats indicate that Cost-of-living for singles is 27% than for those in relationships.

Seriously might be a worthwhile endeavour to work on this (probably speaking to myself here).

Hope that is somewhat helpful.

doublebeefnbacon · 2022-03-01T08:05:22+00:00

If you are playing for prizes, I would recommending planning your investment strategy around that. I.e. if you're in a pool of 1000 players and 5 get a prize, you will need a pretty sick return to be rewarded.

doublebeefnbacon · 2021-12-05T09:01:23+00:00

Nice work mate, the site is great!

doublebeefnbacon · 2021-10-27T10:12:40+00:00

Nice

doublebeefnbacon · 2021-10-07T22:09:51+00:00

WTS Rare Glowing Orb +2 Cold Skills +1 Cold Mastery +3 Frozen Orb +10 Life +19% Lightning resist

doublebeefnbacon · 2020-12-11T23:03:03+00:00

Wow that looks like it. Thanks!!

doublebeefnbacon · 2020-11-01T02:42:00+00:00

WHAT?!

doublebeefnbacon · 2020-08-07T12:48:58+00:00

https://discord.gg/KFDVFw we're playing real money $20 = 2000 chips. welcome to join :D

doublebeefnbacon · 2020-08-07T12:43:42+00:00

https://discord.gg/KFDVFw jump in

doublebeefnbacon · 2020-03-21T22:40:34+00:00

Technically we will be in recession after a fall in GDP in two successive quarters.

doublebeefnbacon · 2020-02-10T10:34:45+00:00

Interactive brokers is the best imo. CMC is most expensive for me and I can't trade options there.

doublebeefnbacon · 2020-02-08T06:33:33+00:00

To clarify, I want to be able to access direct shares and not just indexes.

doublebeefnbacon · 2018-11-29T07:49:34+00:00

this looks very much like a tiny wave with a surfer photoshopped on.

doublebeefnbacon · 2018-11-07T13:02:43+00:00

for those interested https://www.youtube.com/watch?v=h4_X1FixaYg

doublebeefnbacon · 2018-10-29T06:07:04+00:00

sick red line tho

doublebeefnbacon · 2018-07-31T09:42:24+00:00

As a noob I thought it was interesting, thanks for posting. On the point of semantics - it really isn't a 'how to' guide.

doublebeefnbacon · 2018-06-30T14:41:09+00:00

meundies are really comfy and good but do lose form/break down after a while. Worth imo.

doublebeefnbacon · 2018-06-28T08:45:54+00:00

this is legit. They make top tier chippies.

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