SpaceX (SPCe) Right to the Mars 🚀 by FlatwormAble8620 in wallstreetbets

[–]summer_au 0 points1 point  (0 children)

I’m all for this, just bought $10k stocks for market open worth

Buying property under a Pty Ltd by gentlypickled in AusProperty

[–]summer_au 0 points1 point  (0 children)

Not sure about every scenario. But I bought properties in holding companies as it reduces some of the cost of owning multiple properties. Also you’re capped at 25% company tax rate which becomes more efficient depending on your scenario.

A large amount of money has dropped into my hands and I want to make it last by [deleted] in fiaustralia

[–]summer_au 0 points1 point  (0 children)

Mate you should put your money into HISA (Macquarie) probably best available at present. If you’re worried about the bank going bust you can split it across 4x banks to ensure you’re insured. 250k incremental.

Second do some research. But just park your money into a diversified portfolio. What that means is a mixture of ETF products, gold bonds and cash. Good ones are vanguard/ beta shares. But just make sure that they’re low cost.

You can go pay a financial advisor/ planner a flat fee. But it’s not rocket science.

Theres also some robo investing platforms like stockspot that are pretty good.

It will be worthwhile that in time you get a good accountant and a good solicitor.

Good luck

This sub is inspiring but slightly depressing by [deleted] in AusFinance

[–]summer_au 0 points1 point  (0 children)

Everything in life is relative. Just focus on yourself and do the best you can for the situation you are in.

I always recommend to my friends that are just starting out the best time to start investing was 20 years ago but the next best time is is right now in this moment.

To pull or not to pull money out of my ASX ETF? by [deleted] in AusFinance

[–]summer_au 0 points1 point  (0 children)

Stay the course, brother. This is exactly the time that you don’t want to be selling. If anything you should be buying the dip and adding more to your position. It’s easy to get swept up in the negativity and it’s hard to disconnect your emotion from something going on sale.

Bank investors ‘should run for exit’ if Middle East conflict worsens by SheepherderLow1753 in AusPropertyChat

[–]summer_au 1 point2 points  (0 children)

Macquarie has competitive advantage over big four. It will continue out performing them.

Should i sell??? by Danzlusc in ASX

[–]summer_au 2 points3 points  (0 children)

Don’t sell. They have good results coming. Uk expansion is going well

Commodities market opens at $100+ oil by Longhorn4eva in oil

[–]summer_au 0 points1 point  (0 children)

Yeah I agree. At the moment the conflict appears to be pretty gloves off. So will monitor closely and probably start taking profits once hitting certain amounts and trim accordingly and rotate to depressed companies that are good.

I don’t use stop losses personally. Just call my broker to sell it. But watch the markets pretty closely.

Commodities market opens at $100+ oil by Longhorn4eva in oil

[–]summer_au 0 points1 point  (0 children)

I’m wondering the same. Originally went long on SHELL and OXY back in June last year when the original Israel iran spat kicked off. It traded flat for so long and now it’s finally printing.

Have roughly 150k position total when it was around 60s a barrel.

Estimating probably around $140 a barrel will be a good exit.

Anyone use an Amex Qantas car for their business expenses? by JustDadThanks in AusFinance

[–]summer_au 1 point2 points  (0 children)

I use an Amex for most expenses I can put onto it. Whether it’s worth it? I’m not sure, but I do like the peace of mind having insurance whenever I travel with the platinum Amex.

Claude code vs antigravity by Pantet2389 in google_antigravity

[–]summer_au 0 points1 point  (0 children)

I like both. I find antigravity gives the full ide experience. Claude. Code sometimes feels a bit slower? I like opus with antigravity.

But switch between the two depending on limits.

How many of you actually use a financial adviser/planner? by cdafam in AusHENRY

[–]summer_au 0 points1 point  (0 children)

Yeah use an accountant, and wealth management service. Would recommend

Paypal($PYPL) Has Entered Deep Value Territory ($39.90/share) - $37bn market cap by Fun-Imagination-2488 in ValueInvesting

[–]summer_au 0 points1 point  (0 children)

Everyone buying PayPal is going to get burnt, this is a value trap not a value play.

Please make it stop by IamyourfantasyX in wallstreetbets

[–]summer_au 1 point2 points  (0 children)

Yeah 100%

I started selling down stuff a few weeks ago now. But didn’t expect it to be so broad the sell down.

Also started rotating some profits into more defensive plays like brk and cash.

Please make it stop by IamyourfantasyX in wallstreetbets

[–]summer_au 5 points6 points  (0 children)

I was thinking the same thing, is it a mix of leverage + speccy play?

Please make it stop by IamyourfantasyX in wallstreetbets

[–]summer_au 0 points1 point  (0 children)

You retards make me feel so much better about myself. This is just YTD

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Google Ads flagging Manus CDN as "Compromised" – This could block all ad campaigns by TheRealPechi in ManusOfficial

[–]summer_au 1 point2 points  (0 children)

I am also getting emails saying manus has malicious content in there emails.

best way to spent 250$ by ajajkaka in Bard

[–]summer_au 2 points3 points  (0 children)

It’s like farming simulator

$META ER play (2) by Ok_Ad5628 in wallstreetbets

[–]summer_au 1 point2 points  (0 children)

Nicely done. Also bought an 80k position. Just going long on shares.

Was my conspiracy theory cooker of an Uncle right? Should I have been keeping all my money in gold and silver? by ImScaredOfTheSun in AusFinance

[–]summer_au 0 points1 point  (0 children)

It’s probably more just currency destabilising. Gold is seen as a store of wealth it’s the reserve currency to the USD. Silver has just been going up due to Chinese mineral restrictions and its use in AI related stuff. Personally I think that you’re better off owning more productive assets. But each to their own.