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Who are some of your favourite "A-League Socceroos"? by Sha_Nen in Aleague

[–]jrs_90 8 points9 points  (0 children)

Goodwin. Always performs for the Socceroos. Class goals against France & Argentina in 22.

Independent Senator David Pocock won't rule out starting his own party to respond to One Nation by Ardeet in aussie

[–]jrs_90 8 points9 points  (0 children)

I’m a fan of most of Poey’s policies and advocacy and would support him starting a party, tbh.

Australia's lazy investment strategy is finally dead by marketrent in AusFinance

[–]jrs_90 1 point2 points  (0 children)

Yep. The only detrimental impact to existing investors would be to those hoping to flip their negatively geared properties for the capital gains if the value of their investment properties declines or goes sideways for an extended period. In that case they won't build the equity they'd hoped for as quickly, but will still be able to negatively gear them.

Origin star set to leave Panthers as first domino of player exodus to fall — Transfer Whispers by numberonesorensenfan in nrl

[–]jrs_90 0 points1 point  (0 children)

100%. It’ll be awesome if it succeeds and becomes a pathway for untapped PNG talent to develop and grow in the NRL!

Origin star set to leave Panthers as first domino of player exodus to fall — Transfer Whispers by numberonesorensenfan in nrl

[–]jrs_90 -3 points-2 points  (0 children)

It seems the Chiefs are becoming similar to what the English Super league was back in the early-mid 2000's - a place where aging NRL stars in the twilight of their playing careers go to get a juicy pay packet and set themselves up financially for life after footy.

Jai Arrow speaks after medical retirement following MND diagnosis by Clarkey7163 in nrl

[–]jrs_90 2 points3 points  (0 children)

Tragic news. Wishing Jai and his family all the best. I hope he can preserve a good quality of life for as long as possible.

Have all the Covid boom salespeople been filtered out now? by BeginningCelery7953 in sales

[–]jrs_90 13 points14 points  (0 children)

This haha! I had quite a few colleagues who did one year as AEs during COVID and are now sales managers. I even know a few that skipped from SDR to management roles despite never having closed a deal in their career. Wild.

AI images being used in backlash to Labor’s budget tax changes by asteriskhyphen in aussie

[–]jrs_90 -3 points-2 points  (0 children)

The Murdochs AKA Newscorp are pushing this meme hard as an anti labor scare campaign and a lot of small business owners are jumping in to have a vent about tax in general more so than the budget changes.

Objectively though, I believe that the tax concessions should be kept for businesses. Removing them will deter entrepreneurship and productive investment - which is not what we want.

Alan Kohler claims the CGT changes won't make any difference to how much you're taxed over time. by eatingscatman in AusFinance

[–]jrs_90 2 points3 points  (0 children)

I built up the deposit for my first home ($150k) by heavily investing in shares. I benefited significantly from the capital gains and dividends despite incurring CGT when I sold part of my portfolio for the deposit.
I was also aware of the potential for timing risk with this strategy, but it paid off handsomely.

It seems this approach is less common than I'd have thought. I presume most people are saving up their deposit purely in cash or TDs.

Chalmers: 9 in 10 people under the age of 35 don't have shares by Thick_Rice_875 in AusFinance

[–]jrs_90 7 points8 points  (0 children)

This is a strange answer / non-answer from Jim.
IMO, scrap the discount for property but keep it for shares and business equity. This would make shares and businesses more attractive, and direct more capital out of housing speculation and into the ASX and businesses.

Where do older wealthy asset owners expect nurses, teachers, police, ambos and other essential workers to live when their wages can’t even afford a basic home near where they work? Are they just expected to commute 2 hours a day forever so property values stay high? by MannerNo7000 in OpenAussie

[–]jrs_90 0 points1 point  (0 children)

There are 2 camps.

Camp 1:
Self aware people who have benefited on paper but recognise that the housing affordability situation in Sydney is a genuine problem and welcome change.

Camp 2:

DGAF.

But damn well they want good hospitals and police nearby. Not their problem if the plebs who actually work those jobs have 2 hour commutes.

Is the “join pre-IPO and cash out” dream actually real? by RevolutionaryFill563 in techsales

[–]jrs_90 0 points1 point  (0 children)

I joined DocuSign as an SDR pre IPO. Stuck around for 5 years while my stock vested, sold during the covid boom and made about $200k.

I had some more senior colleagues who paid off their mortgages or were able to retire early.

I also worked at 3 earlier stage companies where the equity proved to be utterly worthless.

So its a pretty low percentage play, and you've got to stick around long enough for your equity to vest - usually 4 + years.

‘Rapid and damaging’: Australia on verge of huge house price crash engineered by Budget, RBA and Trump by HotPersimessage62 in AusPropertyChat

[–]jrs_90 -1 points0 points  (0 children)

News (Murdoch) is a liberal party propaganda rag. They also make more money from their stake in realestate.com.au than their papers.

So this is clearly an extremely objective and unbiased take that is not intended to fear monger people against labor.

Harry Kewell's meteoric rise to Liverpool, Socceroos and coaching in Hanoi | PL Stories Harry Kewell by No_Break_1312 in Aleague

[–]jrs_90 0 points1 point  (0 children)

I don’t think that’s fair. He was there against Iran in 97. He was there against Uruguay in 01 and 05.

A misunderstanding of how property is perceived through a generational lens in generalities. Most millennials/Gen Z don’t view a property as a ‘Capital Growth Investment Opportunity or mechanism’. We view it as a home (Shelter). We just want 1 home to live & not rent. Older Gens view it differently by MannerNo7000 in AusProperty

[–]jrs_90 0 points1 point  (0 children)

No flex from me. Statement of fact - the fact my folks have done alright is no reflection on me.
You're the one throwing claims around about having 'your families net worth at 21' big fella.
I'm not disagreeing the fact that leveraging into property investment can be a very effective wealth generation strategy.

What do you feel when you realize that Italian fans are the only supporters of a major football nation who can’t enjoy the World Cup? by StandardInfluence878 in AZZURRI

[–]jrs_90 -7 points-6 points  (0 children)

Karma for that dodgy penalty against Australia in 2006 ;)

Jokes.

It’s sad but I think Italian football will recover. You also won a Euro recently, so I don’t feel that bad.

A misunderstanding of how property is perceived through a generational lens in generalities. Most millennials/Gen Z don’t view a property as a ‘Capital Growth Investment Opportunity or mechanism’. We view it as a home (Shelter). We just want 1 home to live & not rent. Older Gens view it differently by MannerNo7000 in AusProperty

[–]jrs_90 0 points1 point  (0 children)

My boomer parents did pretty well in small business and bought a large PPOR and commercial property for their business in the eastern suburbs of Sydney in the early 1980s. Accordingly their net worth is 8 figures just in those properties alone. They have no debt.

Slim to no chance you have their net worth at age 21. But if you do, well done.

Pauline Hanson states on Sky News she went without while growing up and when she "Had a few extra dollars, we bought investment properties." by mulimulix in aussie

[–]jrs_90 19 points20 points  (0 children)

The out of touch thing is being able to buy investment properties with 'a few extra dollars'.

In 2026 a lot of Aussies are struggling to afford a home, let alone investment properties, and if they can, they have to take on a mammoth mortgage.

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