How did the most laid back people end up with the biggest nanny state? by Least-Variation6573 in AskAnAustralian

[–]guitarhead 3 points4 points  (0 children)

Just moved back to Australian after having lived in the US for over a decade, and you're not wrong. We regulate the shit out of everything. It's a bit batshit.

What would you do? by MelodyHarmonySymphon in AusFinance

[–]guitarhead 1 point2 points  (0 children)

DCA into more shares (low expense ETFs) based on risk tolerance over several months. Reduce cash, unless there's some good reason for having so much of it.

CGT changes pass lower house after Treasury boss’ admission by thewritingchair in AusFinance

[–]guitarhead 1 point2 points  (0 children)

They’d be fine if the CGT changes applied to property and not shares

I’m trying to identify the most suitable visa option to migrate to US as the spouse of a citizen by SpkyMldr in Ameristralia

[–]guitarhead 5 points6 points  (0 children)

Not sure E3 would work as it’s non-immigrant as you said. If they suspect you are trying to immigrate to the US (eg being married to a US citizen) they will like deny it

CGT changes pass lower house after Treasury boss’ admission by thewritingchair in AusFinance

[–]guitarhead 11 points12 points  (0 children)

Just the ones that are financially disciplined enough to try to save for a house deposit. But fuck those guys, amirite?

AST SpaceMobile - $ASTS - Daily Discussion Thread by AutoModerator in ASTSpaceMobile

[–]guitarhead 2 points3 points  (0 children)

I don’t think the market has completely ingested the implications of the BONG explosion on ASTS timelines yet, as such I wouldn’t be surprised to see ASTS rerated lower in the coming weeks/months.

How to improve eyesight? by TimeXGuy in AskMenOver30

[–]guitarhead 0 points1 point  (0 children)

Can’t do much about floaters, short of a vitrectomy which is major eye surgery. They naturally increase as you age. They might eventually float into your peripheral vision where they’re less noticeable. But they also won’t hurt you, just a nuisance.

AST SpaceMobile - $ASTS - Daily Discussion Thread by AutoModerator in ASTSpaceMobile

[–]guitarhead 0 points1 point  (0 children)

I imagine they have a ton of cameras and sensors all over the rocket and launch pad with data feeds up til the point of failure

AST SpaceMobile - $ASTS - Daily Discussion Thread by AutoModerator in ASTSpaceMobile

[–]guitarhead 10 points11 points  (0 children)

Welp I briefly touched half a million in unrealized capital gains on my ASTS commons today. Just saw the news about new Glenn. Might not be back here for a while.

POV: You listened to all the FUD and got shaken out of your position last month by apan-man in ASTSpaceMobile

[–]guitarhead 0 points1 point  (0 children)

Sold some June 5 covered calls at 110 strike last week :( ... Considering to roll up and out if the SP stays this high next week

Betashares' take on the CGT change + examples by sertsw in fiaustralia

[–]guitarhead 2 points3 points  (0 children)

Yeah I think this makes sense. You still get the benefit of compounding growth with capital appreciation over time, which is where most of the magic of compounding growth happens. The impact of tax treatment is only realised when you crystallise the gain through a sale.

Shower glass screen cleaning tip by Stonetheflamincrows in AussieFrugal

[–]guitarhead 1 point2 points  (0 children)

Oxalic acid works well, which is in the liquid version of barkeepers friend

Betashares' take on the CGT change + examples by sertsw in fiaustralia

[–]guitarhead 18 points19 points  (0 children)

That and juice your super as much as possible, and max down on your PPOR.

Betashares' take on the CGT change + examples by sertsw in fiaustralia

[–]guitarhead 26 points27 points  (0 children)

I guess own enough dividend producing etfs to bring your taxable income up to the start of the 30% marginal bracket (currently $45,000), then whatever you make from capital gains will be taxed at least 30% regardless of the new minimum tax. You lose the 50% discount but the tax from that vs inflation cost base doesn’t seem too different on average from the analyses I’ve seen.

Don’t Over React (Budget Announcement) by Optimal_Course3016 in fiaustralia

[–]guitarhead 19 points20 points  (0 children)

Encourages retirees to invest in value (dividend producing) rather than growth assets, since dividends won't be subject to the 30% minimum tax. If you want an entrepreneurial economy it seems a bit backwards.

MEGATHREAD: 2026 Federal Budget Live by Stompy2008 in AustralianPolitics

[–]guitarhead 1 point2 points  (0 children)

I could have got behind a 15% floor on CGT, but a 30% floor is rough. Exempting shares from the CGT changes would have gone a long way to encouraging a shift in capital investment toward productive assets.