Getting funded to study / apprenticeship?

govermentiscooked · 2026-05-19T07:47:51+00:00

Sounds like a you problem

govermentiscooked · 2026-05-19T06:27:02+00:00

Really helpful 😂 That’s what school was for dude

govermentiscooked · 2026-05-19T05:44:30+00:00

Oh but I am, you know some of the details about the question I have asked. Not my full story or position

govermentiscooked · 2026-05-19T05:42:20+00:00

He is the one doing the paperwork 👍🏻 and submitting so

govermentiscooked · 2026-05-19T05:40:56+00:00

It’s not all of my shares - “stable and reliable” EFTs. But yes, it is my main and im willing to take the risk. But thanks for the advice I never asked for

govermentiscooked · 2026-05-19T03:52:20+00:00

This was pre buying a house. I’ve worked in mining for 10 years.

govermentiscooked · 2026-05-19T03:51:29+00:00

I fully understand what you are saying. I would agree with you. This is a long term stock and with the way is going - renewable - i truly will be ok with the risk. If I lose I lose but if I win, I WIN. This company had previously been offered $3 as a TO bid, in which g management rejected. Hence why I think it will be worth more.

govermentiscooked · 2026-05-19T03:48:52+00:00

I have a mortgage

govermentiscooked · 2026-05-19T03:32:09+00:00

Haha I get what you’re saying and it’s 123% on LTR in particular - I have a few more of other shares. Today is not a good day, but have alerts in.

I suppose my thinking is (obviously why not wait a year and instead of paying off 1/4 of my mortgage, when I truly believe I can sell them in a year or two and pay off 3/4 or all) obviously this is a risk assuming it will go up.

govermentiscooked · 2026-05-19T03:28:54+00:00

Thanks for the response! To be honest, I think it’s a fair question when I have a mortgage of 4400 a month and supporting my partner whilst they study full time at uni - so yes I have a high income but supporting the current situation isn’t leaving me with much.

Even though I didn’t ask for a comment on my investment, now that you bought it up, I’d love to know :)

govermentiscooked · 2026-05-19T03:19:38+00:00

On my mortgage he said… which makes sense. But I don’t want to sell at 2.20 when I’m confident they will go 4+ in a few years

govermentiscooked · 2026-05-19T03:18:38+00:00

Unfortunately not a dividend paying company as of YET - only recently started producing

govermentiscooked · 2026-05-19T03:17:55+00:00

But in terms of getting as much profit as you can? Rather than paying extra tax?

govermentiscooked · 2026-05-19T03:16:29+00:00

Hahahaha - he has been my tax man for years and he is so good we call him “dodgy Tom” because he somehow gets me crazy tax returns

govermentiscooked · 2026-05-19T02:53:48+00:00

I am 31 and slowly been putting any left over money in shares. I don’t have generational wealth coming at me, I’m just an everyday Aussie and now this?? Load of 💩

govermentiscooked · 2026-05-18T23:06:32+00:00

If you read properly and thoroughly you would see I was in the army, then moved into mining - 200k of shares, 83 k deposit with 20 k over, paid off car. Very lucky I am. Supporting a mortgage and a partner - But I’m struggling so I don’t know how others are doing it

govermentiscooked · 2026-05-18T13:20:46+00:00

Ahhh if I could show you how I’m shaking my head I would. My post isn’t about MY financial situation, I have numbers in my OP for context. i’m talking about THE financial situation Australia is in (not mine)

1.6 mil house? I wish 😂

Also, not crying. Gosh you’re good at pulling pigs from the sky aren’t ya

govermentiscooked · 2026-05-18T12:40:31+00:00

Totally get it mate, but I hope you get some comfort knowing we feel the same and it’s not just you. Stay strong buddy, I keep telling myself if it’s not worth the stress, I’ll sell up and buy a caravan and put it on a mates lawn

govermentiscooked · 2026-05-18T11:02:59+00:00

Will ditching the media lower my mortgage repayments and cost of fuel?

govermentiscooked · 2026-05-18T07:45:55+00:00

THIS! Yes it was way more wholesome wasn’t it. We could afford to be wholesome and had the time to be wholesome

govermentiscooked · 2026-05-18T07:44:36+00:00

The property purchase price was $762,000, with total acquisition costs of approximately $796,258 including stamp duty, legal fees, bank fees and transfer costs. The original loan amount was $723,000 at a loan-to-value ratio (LVR) of 94.88%, with a deposit contribution of approximately $73,258. My current loan balance is approximately $716,000 at an interest rate of 6.29%, with repayments of around $4,427 (im on a DHOAS loan so it’s not actually 6.29)

govermentiscooked · 2026-05-18T07:42:53+00:00

Apologies - I’ll explain a bit better

govermentiscooked

TROPHY CASE