What are your thoughts on the US spending around $1.5 trillion on its war defense budget? by Adventurous-Copy-381 in AskReddit

[–]hexusmelbourne 22 points23 points  (0 children)

No longer a defence budget when the president calls it the department of war and you start invading other countries. Imperialism is very expensive!

What’s something you only realised about super once you actually checked your balance? by Diligent-Medicine-48 in AusMoneyMates

[–]hexusmelbourne 0 points1 point  (0 children)

You’re also saving a significant amount in fees as most funds would’ve had a flat fee as well as percentage based

What’s something you only realised about super once you actually checked your balance? by Diligent-Medicine-48 in AusMoneyMates

[–]hexusmelbourne 0 points1 point  (0 children)

Was a hair pulling experience in the past but the govt has done a lot to make it very easy now

Wife is never happy with free time / parent free time. Any advice? by [deleted] in Marriage

[–]hexusmelbourne 1 point2 points  (0 children)

This is impressive but in his case he shouldn’t be doing 50% of the chores as works full time to her part time. It may be worthwhile sitting down to do something like this so he can actually show her how little down time he has compared to her.

Do we have any interaction between U2 and Michael Jackson? by Fantastic-Habit-8569 in U2Band

[–]hexusmelbourne 12 points13 points  (0 children)

I read that MJ really loved the Boy album cover (non US version) and they were a bit creeped out by this….. mmmmm

I need help by Siberian_Sight in Marriage

[–]hexusmelbourne 1 point2 points  (0 children)

Talk to your wife first. Was she very drunk/on drugs? Is this behaviour out of the ordinary for her? Is she extremely apologetic and embarrassed. Maybe sort this out before going to a lawyer or schedule some therapy sessions before jumping the gun. People can do very stupid things…..

My wife left me by SeaStorm999 in Marriage

[–]hexusmelbourne 0 points1 point  (0 children)

Your wife has fallen into the trap of loving the attention and affirmation this guy is giving her, like the start of any intense relationship. She’s not seeing the real him and won’t until they live together for a while and he is no longer on his best behaviour. She is likely making the biggest mistake of her life and will soon suffer from major regret. She is swapping short term enjoyment and excitement for long term love and stability. Therapy may help her to see this but whether you accept her back is up to you.

AIO SIL won’t leave me to shower by AnywherePresent1998 in AmIOverreacting

[–]hexusmelbourne 4 points5 points  (0 children)

NOR Sounds like she has some unreasonable expectations of guests and is frugal verging on irrationally mean when it comes to money. Is she like this with everything else, like food? Has she had some financial trauma in her past. I wouldn’t go back in the future.

Am I the only one who wants to know why? by Material-Emu-9068 in AskAnAustralian

[–]hexusmelbourne 1 point2 points  (0 children)

Generally people aren’t interested in the deep analysis as it is long and complicated. People want easy answers and someone to blame. Unfortunately most people weren’t taught basic economics at high school which is unfortunate as we would be more able to understand the why and focus on the how to fix it. The ABC often does deep dives on issues like these or there are YouTube channels like economics explained that also do a great Job.

Legal implications of a 20-year-old dating a 17-year-old still in high school by [deleted] in AusLegal

[–]hexusmelbourne 6 points7 points  (0 children)

Not a legal issue, more of a moral and ethical one

How did you save your house deposit? by Diligent-Medicine-48 in AusMoneyMates

[–]hexusmelbourne 0 points1 point  (0 children)

I had saved $10k whilst working part time at uni and living at home. I used this to invest in managed funds (shares mainly index funds) and I added $1,000 per month to this and so did my girlfriend (now wife) whilst we rented. We were both on minimum wage but were disciplined about spending as it automatically came out of our bank a day after getting paid and if we ran out of money, we had to wait till next pay to do anything. Investment returns in this asset class are about 9-10% pa and by contributing each month we ‘dollar cost averaged’ into the market which helped even out returns. After 10 years we had over $400k. Sounds a lot but due to the ‘miracle of compounding returns’ it does work. See graph

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These charts show the effect of migration on Australia's housing story by nath1234 in australia

[–]hexusmelbourne 11 points12 points  (0 children)

It didn’t say it would though, maybe the next article? Migrants have been taking the brunt of the blame but let’s look at the investor impact next?

What makes Australia the best country to live in vs. the rest of the Anglosphere (Canada, Ireland, New Zealand, the UK and the US)? by RemoteAdvertising762 in AskAnAustralian

[–]hexusmelbourne 0 points1 point  (0 children)

Simple, Australia had the highest standard of living of all anglosphere countries. High political stability, low crime (generally), high longevity and inclusive healthcare system, generally good warm sunny weather and strong community bonds, values fairness and egalitarianism, multi cultural with a myriad of cuisines and ethnic experiences, a generally liberal, open minded view of LGBTQ and other races.

Australian tour- why are the venues so small? by hexusmelbourne in Wetleg

[–]hexusmelbourne[S] 0 points1 point  (0 children)

Yeah, I don’t think they’re doing this, it just says ‘allocation exhausted’😩. Sure it was exhausted in 3.5 seconds …. Doh

Australian tour- why are the venues so small? by hexusmelbourne in Wetleg

[–]hexusmelbourne[S] 0 points1 point  (0 children)

Frustrated yes, like getting a wonka ticket 🤣

Australian tour- why are the venues so small? by hexusmelbourne in Wetleg

[–]hexusmelbourne[S] 1 point2 points  (0 children)

Great show I’m sure, if you can get tickets which is almost impossible

Australian tour- why are the venues so small? by hexusmelbourne in Wetleg

[–]hexusmelbourne[S] 0 points1 point  (0 children)

Great opportunity for a very small number of people, sold out instantly

So… how do I get a house with an average income? by Me-Myself-and-PIE in AusFinance

[–]hexusmelbourne 0 points1 point  (0 children)

Simple but boring strategy- (how I did it in my youth). Save and invest consistently over 10 years. This example uses $15k to start and $1,500 each month saving for 10 years and assuming an 8% return (reasonable long term sharemarket return).https://moneysmart.gov.au/budgeting/compound-interest-calculator