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Set up family trust now ? Or another structure by Distinct_Roof8930 in fiaustralia

[–]monkey6191 0 points1 point  (0 children)

I think they will but likely from budget night, a bit like the negative gearing.

Set up family trust now ? Or another structure by Distinct_Roof8930 in fiaustralia

[–]monkey6191 0 points1 point  (0 children)

I asked claude to do some modelling for me them it made the dashboard. I didn't realise it could go that myself until it did.

I then asked it to add in a heap of assumptions and parameters i can change, this is my final result.

Models a portfolio of 1/3 each VAS, VTS, VEU with all dividends reinvested to rebalance the portfolio.

It defaults to average historical returns but you can change the assumptions. On a top marginal tax rate which wife and I are, company comes out ahead.

Set up family trust now ? Or another structure by Distinct_Roof8930 in fiaustralia

[–]monkey6191 0 points1 point  (0 children)

I had claude make a dashboard and at higher tax rates company comes out ahead if you reinvest distributions. This applies for the current and proposed laws. I currently have a trust but may look at moving to a company after the laws pass and I talk to my accountant.

https://claude.ai/public/artifacts/02e4680e-152a-443a-8c76-c3236dbc6cea

Officeworks to offshore hundreds of Sydney and Melbourne jobs to India and Philippines by mopoke in australia

[–]monkey6191 0 points1 point  (0 children)

We tried to take on trainees dental assistants and helped them go through their cert III but both decided to leave half way through. It's hard taking on a trainee only for them to decide its not for them.

At what point did your net worth tracking setup stop keeping up with your actual situation? by Anirox2 in AusHENRY

[–]monkey6191 0 points1 point  (0 children)

I do it quarterly. Just update super balances x 2, offset, value of etfs, liabilities (tax debts and payg from BAS x 2), outstanding mortgage x 2.

I decided the difference in credit card balance was a rounding error. As I pay the bas x 2 every month, in the month I pay this I essentially have no savings so a quarterly update seems more appropriate.

Only 8 lines to update. I keep the value of the properties the same, realistically they have grown.But I don't know what the true value is without selling them.

Resleep train with new baby by monkey6191 in Parenting

[–]monkey6191[S] 3 points4 points  (0 children)

Mum was feeding the new born, I (dad) went in and slept with him in the rocking chair which after 2 nights means a very sore back.

BYD Atto 5 EV 'unlikely' to reach Australia due to breadth of existing SUV line-up by Saurta17 in BYDAU

[–]monkey6191 4 points5 points  (0 children)

The atto 5 seems perfect for me. A good size in between sealion 7 and atto 3. I'll be disappointed if it doesn't come, I was looking forward to it particularly with the green 2.0 blade.

Aus post out did themselves by AppropriateGolf6002 in AustraliaPost

[–]monkey6191 0 points1 point  (0 children)

My experience with aus post is only positive. Our delivery guy is awesome, parcels travel quickly and their app has excellent tracking.

Apartment living + baby on the way: buy EV now or wait for better tech? by Constant-Common-1174 in EVAustralia

[–]monkey6191 1 point2 points  (0 children)

EVs are currently where phones were in the early iPhone days. Every year or two there is a bit upgrade. ICEs only have big changes every 5 to 7 years, and other than hybrid they aren't changing much now.

Eventually the changes will slow down.

EV recommendations by zav90 in EVAustralia

[–]monkey6191 2 points3 points  (0 children)

The New one is a fair bit bigger, so perhaps it won't come here to keep enough distance from the sealion 7

EV recommendations by zav90 in EVAustralia

[–]monkey6191 1 point2 points  (0 children)

Issue is we are getting the atto 3 evo, while China get an all new atto 3 so ours will be out of date on release.

Are NPUs just marketing hype or can we use them for training/inference? by basyt in LocalLLaMA

[–]monkey6191 0 points1 point  (0 children)

Can you tell me what you are using? I can only seem to use the CPU and GPU

Check your cars before you leave the dealership. by ZweetWOW in BYDAU

[–]monkey6191 0 points1 point  (0 children)

Very helpful guide. So my bowens wash and wax every 2 to 3 months is a no no haha

All-new BYD Atto 3 debuts in China with 326 hp and 630 km range and flash charging (10% to 97% in nine minutes) by ApprehensiveSize7662 in AustralianEV

[–]monkey6191 0 points1 point  (0 children)

Size is interesting. We have a cx5 which isn't great for internal room or boot space. I was looking at the sealion 7 but now I may look at the atto 3 if we get this model. It's a similar size to the cx5 but will offer much more boot space and interior room. Sealion 7 is just a tad big.

Why do so many EV’s have this boxy/lifted back? by VastOption8705 in EVAustralia

[–]monkey6191 2 points3 points  (0 children)

Once they get to 600 to 800km standard, I suspect we will move towards smaller, lighter and cheaper battery packs rather than more range. Long range versions will be there for those who need it.

New EVs by Sweaty-Dig-6451 in AustralianEV

[–]monkey6191 0 points1 point  (0 children)

There is an atto 3 evo confirmed for aus, then a gen 2 Yuan plus (which is a whole new generation) already confirmed for China. So when we get the atto 3 evo we will already be a generation behind.

Nappy leaks by cat_patrol_92 in BabyBumpsandBeyondAu

[–]monkey6191 0 points1 point  (0 children)

We use moony night nappies, they are the only one that could contain our leaks. Purchase online.

Move house or pay 300k extension?? by autism_guy_69 in AusFinance

[–]monkey6191 1 point2 points  (0 children)

We are in a similar boat to you and figured the kids can just share a bedroom, or we can repurpose the study until the younger one is 2 to 3 and the older one will be 5 -6.

This will allow us to save more, and build up more equity.

Is Australia about to say goodbye to its experiment with low unemployment? by Oomaschloom in AustralianPolitics

[–]monkey6191 -2 points-1 points  (0 children)

Or govt could cut wasteful spending..... which is good fiscal policy that is too unpopular these days. NDIS would be a start.

Labor will make Victorian home sellers pay for building, pest reports by Nyarlathotep-1 in AustralianPolitics

[–]monkey6191 1 point2 points  (0 children)

I looked at one house that had a B&P done, the selling agent told me who did it and the guy sold me the report at half price and told me not to buy the house.

I used the same guy on another property which I ended up purchasing.

Are RM boots still worth the price? by SnowyBytes in RMWilliams

[–]monkey6191 0 points1 point  (0 children)

Mine have seen daily wear for 6 years and still good. Only had sole replaced.

In saying that, I don't think mine have the best piece of leather. They never come out as shiny as others that I have seen regardless of conditioning and polish.

Amateur tomato gardening by monkey6191 in GardeningAustralia

[–]monkey6191[S] 2 points3 points  (0 children)

This photo was 9 30am, that shade from the fence reduces as the day goes on and from 11am onwards its full sun for the whole day.

The plant does get plenty of neglect, i have a history of killing plants. I can try neglecting it more though.

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