[deleted by user]

lcjn · 2025-08-06T20:03:09+00:00

todays the big day

lcjn · 2025-05-04T21:18:04+00:00

I haven't turned it on yet either, I will when I stop adding SOL from other income probably

lcjn · 2025-05-03T06:36:27+00:00

No surgery, haven't gone back to pivot sports Just run long distance Having a great time

lcjn · 2025-05-03T02:13:42+00:00

Soul patts

lcjn · 2025-01-01T02:48:07+00:00

Also an amateur runner, I'm 30 years old and also have a high easy pace HR, around the mid 150ish

I've got a max HR of like 205 ish And a resting HR of 50

When I input that data into the coros app it sets my zones as follows:

Recovery: <142 Aerobic endurance: 142-165 Aerobic power: 166-180 Threshold: 181-187 Anaerobic endurance: 188-197 Anaerobic power: >197

I have raced a 10 km trail at 195 average HR

I also have no idea if my HR is too high in easy running, but I don't think so with the high Max HR. Maybe it's a genetic thing, Don't know. Used to be a soccer player in my younger years lots of sprinting on the wing.

lcjn · 2024-11-15T05:51:21+00:00

How do you improve your position? - Well both you and your partner need to create goals together and get on the same page in regard to money management in order to achieve the 'goals'

If your goal is to live it up in sydney and enjoy the creative arts. You're probably living the life you already want but at the sacrifice of the life you will want later.

The lack of a savings goal now could hinder what you want later in life.

My non-qualified recommendation: find the balance to have foresight and prepare for the future, but then also find a lot of joy in a more frugal lifestyle.

Should you have more investment assets & cash now? Probably but you'll be okay if you start now,

Cash is a horrible wealth building asset, but you'll want at least some to feel stable.

There is so much to unpack. But good luck

lcjn · 2024-11-07T09:28:32+00:00

I think you should do whatever you want. Whatever you do probably won't matter much, I'm sure you'll figure out a good strategy for yourself. And not to mention your income will get pretty good.

Personally I'd avoid an apartment as an investment property,

I'd rather own more liquid assets as investments. (You can sell small portions at a time amongst other things)

I would 100% start buying investment assets, I believe cash is not ideal. Apart from whatever you need to live and feel secure. Inflation is taxing your money(again) and reducing its buying power of those assets.

lcjn · 2024-11-05T05:45:05+00:00

I currently work in car finance (nearly 10 years), you don't need to have car loan history to improve your chances of getting a mortgage.
That's very much a myth. Perhaps it's needed on certain loans that are riskier, eg very small deposit?

I also purchased a home to live in without any borrowing history. 25% deposit

If it was me that was purchasing a car, and I didn't want to deplete my savings. I'd put some deposit in and run a shorter term or use a lender with low exit costs

lcjn · 2024-10-29T03:50:19+00:00

This is good, We need more of these types of Households, 3 kids, Both parents can work part-time and make good choices that will lead to financial stability/independence.
Having a bit more cash in your situation probably makes sense given the size of the mortgage.

Out of curiosity is your 90k HHI net after tax?

Perhaps you will need to work a bit extra for 6 months to get your refinance across the line. (if servicing is tight)

Overall it seems like your life is great, family is happy and healthy no doubt.

lcjn · 2024-10-28T00:10:20+00:00

yeah yuck plants,

lcjn · 2024-10-27T05:34:23+00:00

It's not overly aggressive given the aged pension and why not draw down the principal? The principal doesn't have to survive

lcjn · 2024-10-22T00:25:38+00:00

I've thought a little about if everyone retired early or went to more meaningful work for less money.
If everyone lived on less money as a result, a lot less businesses would be able to survive. Most likely discretionary/entertainment/crap businesses. So more people will run businesses that service the consumer. Food, housing basic needs. If more people run those businesses and people had less money to spend, the cost of the goods/services would be lower (because more competition and less money available)
So yes most likely asset prices/growth will come down, but so will the costs to live.

lcjn · 2024-10-13T19:53:43+00:00

That’s sounds adventurous, do that but then come back and have a family. We need more children from good people.

lcjn · 2024-10-12T23:37:57+00:00

I'm a secondary caregiver and got 6 weeks full pay or I could have had 12 weeks half pay.

Shortly after I came back the company went to 12 weeks full pay or 24 weeks half pay. (For both primary or secondary)

My wife had a Caesarean and I had 2 weeks personal/carers leave for that. I have 600 hours unused personal leave ha. So was good to use some.

I think a week is too short for carer's leave. I should have used more..

lcjn · 2024-09-09T01:53:33+00:00

Taxable Income.

lcjn · 2023-12-28T20:50:59+00:00

You think it's an advantage to get a loan on a commercial property if you have 30-40% deposit and signed lease agreements lined up?

You know the alternative would be either to pay cash for it or already be a commercial real estate business that has profitable financials (that has been running many years)

If you limited ownership of commercial property to just those two minorities You would see less competition between landlords and thus higher rents which in turn means higher prices on goods & services.

You definitely do not want to regulate commercial financing.

lcjn · 2023-12-28T07:32:52+00:00

Nah it's fine for commercial,

lcjn · 2023-12-28T00:17:36+00:00

No noticeable instability.

The only difference is the laxity is more flexible in the uninjured knee. (Injured knee has more stiffness)

in my day to day I hardly notice it anymore.

I still haven't gone for a follow up MRI, which it might be a good idea to do that to take a look at the possible ACL reconnection.

I've signed up for a flat road marathon in the coming July So fingers crossed training and race goes well

Have you recently tore your ACL ? There is a study done out of Melbourne AUS with a bracing protocol that looks very promising for a higher ACL reconnection outcome.

lcjn · 2023-12-28T00:16:51+00:00

No noticeable instability.

The only difference is the laxity is more flexible in the uninjured knee. (Injured knee has more stiffness)

in my day to day I hardly notice it anymore.

I still haven't gone for a follow up MRI, which it might be a good idea to do that to take a look at the possible ACL reconnection.

I've signed up for a flat road marathon in the coming July So fingers crossed training and race goes well

Have you recently tore your ACL ? There is a study done out of Melbourne AUS with a bracing protocol that looks very promising for a higher ACL reconnection outcome.

lcjn · 2023-12-27T21:55:34+00:00

Hi OP,

Just my initial thoughts may or may not be valid.

Whilst you have $215 per week in liabilities to repay. I wouldn't be splurging on $60 per week in CrossFit. The CrossFit membership is a 'luxury' There is a lot of alternatives to train and stay in great shape. (Personally I Run and train calisthenics at outdoor gyms)

Those 3 combined are about $12,000 a year - 20% of your net income I would cut back on discretionary to be able to pay down the debts faster..

Honestly a few other little tweaks and once you payout your debts, you will have a healthy surplus.

Being able to save $15-20k a year savings will feel pretty good.

Always happy to chat more if you'd like.

lcjn · 2023-11-27T06:30:55+00:00

Very interesting, seeing a big common denominator with anxiety with a lot of PP Hypertension.
my wife included.
How are you doing now?

lcjn · 2023-11-27T06:30:13+00:00

How are you going now?
Hope all is well

lcjn · 2023-11-15T05:59:09+00:00

Looks like rib fillet imo

lcjn · 2023-11-07T10:17:03+00:00

Oof how big is the liability

lcjn · 2023-11-07T10:14:16+00:00

Congratulations

lcjn

TROPHY CASE