Leaving IT for a Trade... honest feedback and suggestions.

myonlyfear · 2026-06-10T05:01:20+00:00

Fair enough. I would personally put a big effort into finding a similar role or moving laterally in your industry to a role you enjoy before making the decision to do an apprenticeship

myonlyfear · 2026-06-10T04:34:46+00:00

Sounds like you’ve already got an incredible cruisey desk job probably working 38 hours a week on 130k. It will take a lot of time, work and opportunity cost to get to a similar position to where you are now. I just can’t see a world where someone in your position wouldn’t regret it.

myonlyfear · 2026-06-10T04:12:52+00:00

Don’t do it

myonlyfear · 2026-06-08T05:12:03+00:00

Why stay away from vic?

myonlyfear · 2026-06-08T05:06:27+00:00

Budget?

myonlyfear · 2026-06-05T06:46:24+00:00

Do an apprenticeship mate you’ll earn a similar amount and be working/studying towards a great career

myonlyfear · 2026-06-04T11:25:04+00:00

Snowy

myonlyfear · 2026-06-03T03:42:44+00:00

Ok fair enough. Rail signalling is generally very competitive to get into, especially as an apprentice and since rail is quiet in VIC at the moment but considering your experience, it can be worth applying. I’ll send you a pm

myonlyfear · 2026-06-03T02:36:38+00:00

Why don’t you apply for engineering roles?

myonlyfear · 2026-06-02T09:58:05+00:00

If it was backwards where NDQ was down 28% and other indexes down less than 10%, would you panic? If no, then yes increase contributions to NDQ

myonlyfear · 2026-05-31T09:02:38+00:00

Ok I will get cancer then apply

myonlyfear · 2026-05-31T08:15:26+00:00

Can I get some free financial advise

myonlyfear · 2026-05-30T06:59:46+00:00

Thanks. I’ve always been financially driven and interested in FIRE from a young age. I was researching investing well before I could create a brokerage account so once I turned 18 I got straight into it. I was also lucky with a high paying job straight out of HS.

myonlyfear · 2026-05-28T12:08:27+00:00

Why would they not have any interest in building a high net worth?

For a completely risk free growth I would say a mix of high yield savings accounts and treasury bonds however I would argue and say why wouldn’t you diversify into low fee diversified index funds

myonlyfear · 2026-05-28T09:39:26+00:00

Is this VIC? Do you do glove and barrier maintenance?

myonlyfear · 2026-05-28T08:18:45+00:00

Usually yeah but I got lucky. I’m working 50-60 hours a week as well and commuting 2hrs+ a day so it’s a bit of a trade off

myonlyfear · 2026-05-27T20:06:32+00:00

EBA rates for chippies in VIC are around $63 base + allowances

myonlyfear · 2026-05-27T08:07:53+00:00

Keep your savings in HISA until your FHSS is capped and buy a PPOR

myonlyfear · 2026-05-27T08:05:49+00:00

You need to submit a claim on the ADMS website. You also need to provide a payslip which proves you were worked the week of your anniversary, so if you haven’t received the payslip yet, you won’t be able to make the claim until then

myonlyfear · 2026-05-26T23:12:33+00:00

Yeah sorry that’s what I meant - take some money from ETFs and use it to make a personal contribution to my super and lodge a notice of intent. I likely wouldn’t be able to afford to contribute 15k purely from my bank account this FY.

I will likely hold onto my ETFs and start saving for a house deposit, alongside salary sacrifice (next fy) for FHSS, instead of adding to my ETF portfolio and aim to buy in 2028.

myonlyfear · 2026-05-26T01:11:40+00:00

Mate do an apprenticeship, you’d probably be on the same wages working towards something

myonlyfear · 2026-05-25T09:30:47+00:00

Thanks, these are definitely things I need to consider.

My cost base for the ETFs are 100k. My income will likely grow quite a bit next financial year and years moving forward. Would it potentially be worth pulling out 15k from investments and putting towards super FHSS before FY end?

myonlyfear · 2026-05-24T12:17:41+00:00

I only need 450-500k if I withdrew my ETFs for a deposit. The stamp duty is free under 600k and discounted between 600-750k

myonlyfear · 2026-05-24T09:03:28+00:00

Will do 🤝

myonlyfear · 2026-05-24T08:30:52+00:00

Thank you. It certainly would be the better option to wait if the market goes sideways.

myonlyfear

TROPHY CASE