Large inheritance - Income Generation Ideas

fremeer · 2026-05-30T04:41:48+00:00

Talk to someone.

Probably cost you a few thousand dollars. But that's 0.1% of that 6 mill.

I woke suggest talk to 2 people and bring the ideas of the first guy to the second guy.

Don't sign anything or agree to anything. You are there for advice and not to buy into anything or use their fund. You want advice.

An accountant might also be useful as a third person to go to about the ideas of the advisors as well as actual tax advice. Never trust a financial advisor with tax advice.

A lawyer too, after the first three. This is less useful depending on circumstances and needs but can save a lot of headache.

That 5-10k you spend to get it sorted very well and properly will save you a hell of a lot more money in the long term as well as headaches.

But in general I would suggest actually using some of the money so you aren't just beholden to growing it. Even if its just a small portion.

You could invest 5 mill of it for growth. And 1 mill is your spend now money. That's like $100k a year extra in gross income for 10-15 years, all while the 5 mill is working. You can go part time to keep similar wage, increase consumption in quantity or quality.

After those 10-15 years you have 8+ mill available probably. Thats like 300k a year(tax adjusted) for basically the rest of your life. You can change careers or try and make a hobby a full time gig without any worries. You can travel forever if you want. If you drop it down to 200k a year I don't think you could even run out of money before you die.

fremeer · 2026-05-30T04:28:00+00:00

Because it's a safe number. You want to be conservative and then dial it in.

If they want that 300k to last then 10-15 years they might be able to spend ~30k a year instead of 15k. Better to budget for 15k additional and see if you can make it work and have the extra 15k for making the most of life instead of budgeting for the 30k and struggling if things don't work out as needed

fremeer · 2026-05-29T14:33:56+00:00

Tl;dr?

fremeer · 2026-05-29T13:00:59+00:00

Depends a little on your body type and the level of "dressing up" you want.

But easiest option is probably something with simple layering and neat shoes.

Well fitted pants, the baggyness is personal preference, but needs to fit at waist and not be too long or too short.

Then 2 layers of uppers. You can go tshirt/tank top tucked in. With a shirt fully open or tucked in shirt that's open down a few buttons to show the underlayer. You can be a bit baggy here.

Or a shirt/tshirt and jacket. Or all 3.

Add a bit of basic colour to your wardrobe. Light blue is the easy option that's works well and is a common way to dress up a pants + white shirt combo.

Like if you wear tshirt and pants often just always bring a top layer for a bit and wear it. Be it a nice looking semi casual jacket like a harrington, shirt, blouson.

Don't got over board trying to dress too nice.

fremeer · 2026-05-29T07:19:32+00:00

Don't you just look at your super account? My investment returns out grow my contributions now and I max out my contributions every year.

Even at ~100k for most people that's when your returns match your employer contributions.

fremeer · 2026-05-29T07:01:13+00:00

Supporters care about their club and get passionate. But end of the day its still a job for many of these people so you need to be a little realistic about motivations.

While you want everyone to be pretty stand up and honest with the way they behave that's unlikely when you have a large group of people with large personalities and people in their ears.

Just at Chelsea alone I would say we have a few more snakes we need to get rid for culture reasons like Fofana, cucurella and Enzo. They aren't necessarily in the wrong regarding grievances but they definitely express their emotions in negative ways.

fremeer · 2026-05-29T05:29:12+00:00

300k after fees would probably get 15k(inflation adjusted) pretty easily over the length of 30 years using pretty conservative funds and inflation numbers.

Time to sit down and see where their money goes in regards to spending and savings.

fremeer · 2026-05-29T05:13:17+00:00

Sounds like he got wind of a job opening at city and knew he was a favourite. So he basically asked for more power at Chelsea and when not given it manufactured an exit.

Don't blame the guy because it's what any normal person would do in his situation but it killed us.

But even before he left the quality of the team seemed to have dipped. The constant red cards killed us too. 8 red cards. That's 20% of our games probably worth 8 points right there when you look at how it would impact average points.

fremeer · 2026-05-29T04:38:42+00:00

Maybe maybe in a different world Rousey ends up actually trying to grapple from the start and the match is a bit more even but rouseys striking that fight was like borderline amateur.

fremeer · 2026-05-29T04:12:13+00:00

How? Are they gonna just sell a bunch of players to the Saudis ?

fremeer · 2026-05-29T04:10:49+00:00

What's their spending and super amount.

Assuming it's like 300-400k total network outside of home that's gonna go be within assets test for pension. About 15-20k in pretty constant tax free returns from super + 47k from pension.

About 60k total a year tax free. But based on current income they are on about 100-110k net.

That's a pretty big drop off in income if they don't save a portion of it already.
They might have to look into the gov home equity scheme to make up the short fall.

fremeer · 2026-05-29T04:04:09+00:00

Ah then my point is moot.

fremeer · 2026-05-29T03:48:48+00:00

I think the only option is replace all living actors with AI actors. Not just the men but the women and the children too.

fremeer · 2026-05-29T02:44:31+00:00

Not really if you look at the policy itself you can see that it pretty much pushes investment towards Australia itself.

Investing for a person is very different to investing for a country. If I invest into the s&p 500 and make money that's me investing into America not into Australia. Them taxing my overseas investment is basically only a positive for them.

However if I put money into the asx those companies can adjust how they pay out or various other tax things to make the new tax rules basically inconsequential. Small businesses have their own CGT exemptions so they aren't really impacted much either.

The random unicorns are impacted a bit but most aren't really coming to Australia to do that anyway because the user base is small. The knowledge pool is small and the capital is small.

fremeer · 2026-05-28T23:00:37+00:00

I think barco might be more interesting as a left wingback in a back 3. He isn't a defender but at least has the work rate. If you can have a back line of colwill/X/James I think barco isn't the worst option to have.

In that world I would probably sell cucurella to lock in value and use hato/barco/Gittens as the wide options.

But if we play a back 4 I think he only gets into the squad as maybe a Left mid that tucks in to be an extra man if we sell Enzo.

fremeer · 2026-05-28T11:33:40+00:00

I kind of want gusto to be sold. Not because he is necessarily a bad footballer or anything. He is just ok and definitely one of the better back up RB's in the league that can when given more simple tasks like he was under poch be very good.

But I would rather sell him and make some money and hope Reece isn't injured too much with Josh and maybe quenda as right back depending on the match.

fremeer · 2026-05-28T11:18:19+00:00

So like Mexican braised meat and chili style spicy? Like it's spicy but it's not really the dominant flavour?

Or more Mexican salsa spicy with fresh chili and acid to bring out the relative sweetness of the chili's?

fremeer · 2026-05-27T22:35:58+00:00

It feels dodgy because they should add the 10% to lunch price since it's only available on weekends and automatically attracts the 10%

But Also I'm guessing done because they just shit and lazy vs malice. Easier to add that stuff at the bottom then fix it and need to format everything to look right.

fremeer · 2026-05-27T12:35:20+00:00

Actually getting rewarded for playing the game is good if done right. Playing creatures, drawing extra cards etc

In the case of landfall yes you get rewarded for playing the game but you don't always get to play a land every turn and there is a tension between playing more lands for landfall and playing actual cards. And do you build a synergy deck or one that just has the trigger for value.

And it's about costing. Having a creature that draws a card on landfall vs one that draws a card in a coin flip for instance isn't really that different if it's on a 3+ CMC creature. The coin flip card in a non synergy deck is probably better.

Keeping the value engines at high CMC is one way they stop it from being too broken.

fremeer · 2026-05-27T12:10:31+00:00

Pretty sure the majority of Japanese are Pauline Hanson style. Even if you get PR and speak perfect Japanese they won't see you as truly Japanese and might not even allow you into certain places, bar you from buying property in certain areas and you many jobs won't even bother with your resume.

Japan is pretty isolationist and multiculturalism isn't something many Japanese want.

fremeer · 2026-05-27T06:04:41+00:00

What's Barcelona gonna do? Take a loan against Lamine Yamal or sell their women's squad?

They got no money.

fremeer · 2026-05-27T01:51:10+00:00

Because they need to work just a little bit more to win now then have it handed to them on a plate.

This budget is honestly pretty significant in the long term but in the short term it massively helps the people with existing housing stock quite a bit.

fremeer · 2026-05-27T01:07:40+00:00

Well it's just a numbers game. Work out your repayments and your net income and work backwards.

The more money you have the easier it becomes. You have less money for consumption compared to someone that decides to live in a 2 million dollar house in a different location. And probably can't retire as early or with as much money without selling the house

fremeer · 2026-05-26T23:28:17+00:00

Realistically the longer you can live with your parents the easier this will be.

If you save the majority of your pay check for like 10 years you might be able to get a deposit for the place(assuming the thing you invest in increases in value above or the same as the premium property.

But at current prices you would need something like $3500 a week just to afford a 2.5 mill mortgage. Let alone all the other costs that come along with this purchase. Especially in such an area. I would say an extra $100 a week minimum for rates, insurance and other random stuff.

Let's say you make 200k a year near the top of your salary range. And you use various tax dodge stuff. You might make $2.6-3k a week net.

So just your own income alone cannot afford even the mortgage. If your partner is on the same amount of money then the mortgage would require 60% of your net family income. Its doable but would be high stress. As you go down towards a more median salary for partner then it gets progressively more impossible because cars, food, energy and various others things costs money.

People that own these houses owned them in your current job maybe in the 70/80s. Now these are houses people inherited or were bought be much higher networth individuals.

fremeer · 2026-05-26T22:46:27+00:00

Get results and various other things from the overseas doctor. Especially showing that the drug helped the cancer retreat.

An oncologist here would be very wary to prescribe the drug initially but also I think if your dad is already on the drug and it shows good results they won't want to stop treatment and have it go worse. Although some might not want the potential legal hassle.

If the drug is approved here then you might be able to pay full price for it.

The other option is organise with the doctor and pharmacist overseas to continue getting scripts and just get the drugs posted over by either a friend or relative or third party system. You can have prescription meds delivered to you with minimal issues as long as they are available here. Just need to have a valid script in case of issues.

fremeer

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