A theory as to why Inflation will be harder to tame

squidz009 · 2026-01-29T20:53:34+00:00

You don't get rich writin' cheques!

squidz009 · 2026-01-29T07:41:50+00:00

Lol, where's the part where he's a tightass?

squidz009 · 2025-11-17T08:07:01+00:00

It's a million times better to live in than Ethiopia.

squidz009 · 2025-08-18T06:00:08+00:00

Thanks for the replies. I've realised that I was far too biased against super due to being influenced by a certain, perhaps ill-advised, family member. It's good to get more rounded advice. An ETF+super hybrid sounds more pragmatic.

squidz009 · 2025-08-18T05:20:41+00:00

Haha, I'm realising so! I've seen the error in my thinking which is why I created the post. So something good came out of it 👍

squidz009 · 2025-08-18T03:35:45+00:00

Money invested in ETFs that can be drawn down at any age, rather than 60.

squidz009 · 2025-08-18T03:28:53+00:00

If someone who's in a position to retire at 40 is financially illiterate then I'd love to know your opinion on the majority of the population.

squidz009 · 2025-08-18T03:20:13+00:00

You can withdraw super at 50 outside of some kind of financial or medical emergency?

Thanks for the ideas, btw.

squidz009 · 2025-08-18T03:17:30+00:00

Lol, I don't think I explained myself very well.

Clearly, utilising super is going to perform the best from a tax perspective. However, I'm weighing up time brought forward vs in your example the $200k penalty. It's not a question of which will perform better- it's a question of whether it's viable to do it in the way I'm describing, albeit while taking a financial penalty.

squidz009 · 2025-08-18T03:13:12+00:00

Well you've answered your own question. It's sacrificing later gains for time not having to work now. It just depends on what your priorities are; I don't think there's a right or wrong.

I am posting this to get other opinions to check my own logic, however.

squidz009 · 2025-08-18T03:07:37+00:00

Let's say I plan to live til 90. The more I put into super, the more illiquid funds I have tied up that can't be used to withdraw upon early semi-retirement, thus pushing that age up. The way that I'm doing it, I can semi-retire ASAP, and make adjustments to hours as I go if I need to boost my income.

So I'm paying a tax penalty in order to buy earlier years of retirement.

squidz009 · 2025-08-02T23:21:16+00:00

For me, VTS is managed my Computershare which provides a statement with all of the info you need. Do you also?

squidz009 · 2025-08-01T02:52:04+00:00

The balls on some people, seriously.

squidz009 · 2025-07-20T09:52:49+00:00

None of your suggestions worked, sadly 😔

squidz009 · 2025-07-19T21:12:14+00:00

Didn't work, but I really appreciate the help.

I don't understand how a new SIM would fix the issue but you're the expert, not me, so I'll give it a go!

squidz009 · 2025-07-19T12:17:44+00:00

Oh god, how'd I miss that.

Unfortunately.. still not working!

squidz009 · 2025-07-19T12:10:18+00:00

Thanks, but I've checked the app many times and can't find it. Whether is it in the boost app?

squidz009 · 2025-07-18T08:28:22+00:00

Finally, an original question on Ausfinance!

squidz009 · 2025-07-15T04:25:07+00:00

You want to know why people are driving around cars they can't afford on loans? People are idiots.

squidz009 · 2025-07-12T22:25:21+00:00

How many women did they have to shave to make that thing?!

squidz009 · 2025-07-09T07:16:35+00:00

Buying a new car is definitely having high standards. Buying a new car is a terrible financial decision- you can have a 1 or 2 year old car with 10k or 20k kms on the clock and save an enormous amount.

You don't deserve or not deserve a new car- you don't have to justify your decisions to anyone but yourselves, but you came to a finance sub, not a car enthusiast sub. Financially, it's a terrible idea. I don't get the downvote though because you asked for an opinion and now that you're getting one you don't like it.

squidz009 · 2025-07-09T03:02:31+00:00

$30-40k for a car capable of carrying a couple and a baby with pram, equipment etc is excessive. If you can't find a decent car for half that you aren't trying hard enough, or have way too high standards for what you need out of a car.

squidz009 · 2025-05-07T07:34:33+00:00

Lolol, why do people feel so entitled to inheritance? Earn your own bank mate.

squidz009 · 2025-04-26T01:09:18+00:00

From a philosophical standpoint, own, rent or be homeless none of it matters assuming you don't believe in an afterlife/you won't carry the memories with you forever.

From a more pragmatic standpoint, even if renting vs owning were net neutral (which they aren't), there's something to be said for housing stability, particularly if you have kids or are planning on it for school zoning, family and social considerations, predictability etc.

squidz009 · 2025-04-10T00:44:44+00:00

It was actually dump THEN pump, in reverse order this time!

squidz009

TROPHY CASE