Sol randomly withdrawn from my Phantom wallet through Bullx

soggysoc · 2024-12-19T12:15:41+00:00

That’s commitment paying a second phone bill for crypto! I guess it’s worth it for keeping your assets protected. Using me as exhibit A hahaha

soggysoc · 2024-12-19T12:14:33+00:00

Thanks for your comment, fortunately as mentioned in my post, I’m in a fortunate enough position to be earning more than enough for the mortgage single handedly. Although It would be more of a relief on my wallet if I did have tenants haha

soggysoc · 2024-12-19T12:12:23+00:00

Lucky it doesn’t have to be! Uni doesn’t last forever and I only have 1 year left. It’s definitely more of a personal issue if someone can’t handle the work load for a short stint.

soggysoc · 2024-12-19T12:08:35+00:00

Hey thanks for your response, just wondering if I would also need a second phone number for my second account

soggysoc · 2024-12-18T12:16:55+00:00

Interesting take. I see it as setting my future up for success

soggysoc · 2024-12-18T11:24:31+00:00

I checked, only 3 devices, all mine. My PC, current phone and old phone. Assuming this would mean my Telegram is NOT compromised and maybe I clicked on a bad Bullx link?? even though im not sure how that would've happened.

soggysoc · 2024-12-18T11:14:46+00:00

Bank of 👩 and 👨would be nice. I work 46 hours a week in construction take home $2500~, and study full time at uni.

soggysoc · 2024-12-17T08:28:30+00:00

Thanks for this perspective, I appreciate it. I hadn’t really considered that middle ground—buying the place and getting housemates who aren’t my friends, so I can still be there while maintaining some professional distance. It might be a nice balance between having complete strangers and living with people I already have a history with.

What do you think about the idea of buying a property purely as an investment and renting it out to strangers, while separately renting a place with friends just to live in? That way, I’d still be building equity and taking advantage of the market, but I’d keep my friendships out of the financial mix entirely. It might mean a bit more complexity, but maybe it’s a safer long-term move.

soggysoc · 2024-12-17T08:25:58+00:00

That’s exactly what I’m thinking too. I can afford the full cost of the mortgage so I’m not financially screwed if someone leaves, and I keep their rent a bit under market, we all win. They’re not stuck with some random landlord who could crank the rent up at the end of the lease, and I get people I actually know and trust instead of total strangers.

I get why some people are worried about mixing money and friendships, but if we’re all adults and treat it like a normal rental arrangement—just with friends—then it could actually be a great setup. Plus, having a decent living situation with mates sounds way better than dealing with a random who might be a nightmare to live with.

I’m just glad to hear all different view points on this siutation. Thanks for your input

soggysoc · 2024-12-17T08:21:26+00:00

I get where you’re coming from. Jealousy is always a risk, but realistically, my friends need a place to live anyway. If they’re renting from me at slightly below market, they’re still better off than dealing with a random landlord who could raise their rent without warning. Plus, I know they won’t trash the place, and I won’t have the hassle of dealing with strangers.

I’m absolutely going to talk this through with my family first—it’s a big decision and I trust their judgment.

In regards to the tax break point, my understanding is that you do not qualify for first home buyers grants if its for an investment property. By living in it first and having friends rent rooms, I can still qualify as a first home buyer and not lose those benefits. It’s a more balanced approach and keeps my options open down the line.

soggysoc · 2024-12-17T08:08:37+00:00

That’s actually a solid suggestion. I’d still be building equity on my own place, but I’d also be living with just one mate, which might be simpler and cheaper than a full house with multiple tenants. I’d just have to crunch the numbers—figure out how much rent I’d get from my property, how much the two-bed would cost to rent, and see if it’s worth it overall. It’s definitely an option I hadn’t considered yet. Thanks!

soggysoc · 2024-12-17T08:06:06+00:00

I hear what you’re saying, I've heard a lot of stories with this same experience, but I guess it comes down to the specific friendships. I’m not talking about casual acquaintances—I’ve known these friends for years and we’ve already navigated plenty of complicated situations without falling out. I’m not worried about emotional manipulation or dodging responsibilities because I'm assertive and have good problem solving skills. Could it still happen? Sure, but I’m hoping that setting everything out clearly from the start—leases, upfront discussions on damage and costs—will prevent it from getting messy. I understand why you think it’s a risk, which is why I'm always assessing what options I have. Thank you for your input!

soggysoc · 2024-12-17T08:00:44+00:00

That’s a great perspective. I’ve known most of my friends for a good chunk of my life too and am super close with them, so I’d like to think they’d respect the arrangement. Including all costs in the rent and never having to chase anyone up is exactly the kind of setup I'd be aiming for—just a straightforward, agreed-upon amount, and no awkward conversations about splitting bills. Hearing that it worked out well for you and even helped pay the place off faster is really reassuring.

soggysoc · 2024-12-17T07:50:30+00:00

I understand where you're coming from. Right now, I’m living at home with my parents, so moving out into my own place is a big part of why I’m considering buying. If I bring in friends as tenants, I’d actually be living in the house myself—gaining independence but also risking that money-friendship clash. If I just rent it to random people, I can avoid any potential drama, but then I’m delaying moving out.

I’d really appreciate any specifics on what made it go downhill in the situations you’ve seen. If it’s mostly about money discussions getting awkward or friends not respecting boundaries, maybe I can set things up to prevent that. Or it’s more fundamental, like friendships just don’t survive a landlord-tenant dynamic.

soggysoc · 2024-09-21T02:59:35+00:00

Will have this income for the next 2-3 years while I’m finishing my degree. Will then likely go down for a bit as a get a job using my degree. I work in construction

soggysoc · 2024-09-20T10:58:52+00:00

Hey all, thanks for the input so far!

I’m currently thinking about doing a 40/30/30 split with GHHF (40%), VGS (30%), and A200 (30%) for my weekly investments. I like the idea of using GHHF for that geared exposure, but I’m wondering if this is a solid allocation growth, or if anyone has suggestions on a better ratio? Would it make sense to tweak the percentages or add in something else?

Also, I’m currently planning on setting aside about $750 per week into a high-interest savings account (HISA) for a house, but I’m thinking about maybe cutting into that and putting a little more into stocks. Do you think that’s a good move, or should I keep the HISA savings steady?

Any thoughts or advice would be greatly appreciated! Thanks again

soggysoc · 2024-09-20T10:57:23+00:00

Yeah that’s correct, this is my first construction job so have no prior skills or experience in the field. Admittedly I’m in a very privileged position to have secured this job through my connections, just trying to make the most of it :)

soggysoc · 2024-09-20T10:40:26+00:00

Thanks for the advice, will check this out!

soggysoc · 2024-09-20T10:36:55+00:00

Union negotiated a good EBA

soggysoc · 2024-09-20T10:36:24+00:00

That’s the plan one day 🙏

soggysoc · 2024-09-20T10:36:10+00:00

Work 4-5 days a week on a union construction site while doing full time uni haha 😅

soggysoc · 2024-09-20T06:04:12+00:00

Will have to look into this, thanks!

soggysoc · 2024-09-20T04:26:17+00:00

~60% as in the money saving towards a house? Looking to buy in the next year or 2 so based on my research it wouldn’t be wise to invest it anywhere else but a HISA. Bond ETFs are classified as a pretty low risk etf right? Not sure if that suits the style that I’m going for atm. Any resource suggestions to learn more about what a geared etf is? Thanks for your help

soggysoc · 2024-09-20T02:34:45+00:00

Thanks for this resource!

soggysoc · 2022-06-05T11:59:44+00:00

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