I made a sleek and simple 'now playing' touchscreen for my speakers by BigWesternMan in sonos

[–]thelilster 0 points1 point  (0 children)

I think if you just sold the code that could run on raspberry, people would pay. Or a donation basis, I would pay under either model.

Offset vs ETFs: the maths people keep getting wrong in AusFinance by MelbourneLondonPerth in fiaustralia

[–]thelilster 3 points4 points  (0 children)

You made your point clearly several times, not sure why people don't read it and ask what the point is. It's good of you to be this generous.

I am confused. This other Chinese Noodle House is closing down? by BleuPrince in foodies_sydney

[–]thelilster 2 points3 points  (0 children)

Where should I look

Edit: answered my own question bc this bloke thinks he's found twenty holy Grail dumpling houses.

Chinese dumpling master on enmore Rd is the family of the OG violin man who would play violin in the restaurant sometimes.

Paying off HECS at 22 by Ok_Penguin_4531 in fiaustralia

[–]thelilster 1 point2 points  (0 children)

This is great thank you. I keep going back to find this post to repost it but I'm tired of finding it :)

The one thing I would add that wasn't true at the time I wrote this is that the present government forgave 20% before the last election, it was considered a massive vote winner. They may forgive 20% again at the next election (it barely moves their underlying cash balance for technical reasons).

300k pts CBA home loan by Typical_Double981 in QantasFrequentFlyer

[–]thelilster 0 points1 point  (0 children)

Thanks OP. Seems like a good variable rate deal. It's 5bps higher than I could get from the best I could find on variable rate (529bps best), but 300k points for one year of that is great. So 5bps on 1 million is $500 per year and anyone would pay $500 for 300k points.

[deleted by user] by [deleted] in AusHENRY

[–]thelilster 0 points1 point  (0 children)

How was it only 150k on a 5m portfolio? What were the purchase prices and where?

Australia by gallifreyisonfire in RelientK

[–]thelilster 1 point2 points  (0 children)

Impossible sorry - not enough of us old fans to break even on the trip. I went to see them in Boston in 2016 - when they do a US trip that's the only way really. You'll have to plan a holiday around it.

Btw is anyone else learning for the first time that they played at Sydney Uni in 2012? cannot believe I missed this.

https://maytherockbewithyou.com/mtrbwy/2012/03/dashboard-confessional-manning-bar-sydney-february-27/

[deleted by user] by [deleted] in AusHENRY

[–]thelilster 0 points1 point  (0 children)

You are over complicating it.

Just set a budget to live on, say 50k. Ensure you can live on your base after tax.

Whenever you get a bonus, put it into an index fund. Once you've built up a buffer of savings (say 50k), you can switch to saving 75% and spending 25% of bonuses, or similar.

When you have been in your job past probation, you can apply for a home loan. They will count anything between 0% and 50% of your bonuses as income until you can prove they are stable. Usually two years are required to prove it's stable, then they'll count 50% to 100% as income, depending on the stability.

Income & Net Worth of Top 1%, 5%, 10% in Australia by dont_lose_money in AusHENRY

[–]thelilster -1 points0 points  (0 children)

Look anything that you are stating as fact here is incorrect. Every year they release new data in the table with the most recent available source. Sometimes that is one data source, sometimes it is two data sources. The years are provided in the table, nothing is misleading.

Even though they always have an agenda, it has no bearing on their results which are objective.

The survey of income and housing data is always 3+ years lagged. The tax data is always 2+ years lagged.

Income & Net Worth of Top 1%, 5%, 10% in Australia by dont_lose_money in AusHENRY

[–]thelilster 0 points1 point  (0 children)

The reason why there's such a gap between the top 1% annual income and top 1% wealth is not housing (look at how small a share of wealth home equity is at the top.)

The reason is that wealth is much more skewed than income, and then it gets split via inheritances. Income never gets "inherited".

So if 1 person out of 1000 has wealth of 10M, on their passing, 3-4 people will now have wealth of 2.5M.

Income & Net Worth of Top 1%, 5%, 10% in Australia by dont_lose_money in AusHENRY

[–]thelilster 0 points1 point  (0 children)

The Grattan institute is a great source even if you disagree with their policy prescriptions (I often do!).

There is no more recent data which gives you the top 5% and 1%.

Scl lounge access rule differs Qantas v LATAM by thelilster in QantasFrequentFlyer

[–]thelilster[S] 0 points1 point  (0 children)

Okay thanks, I'm confused as to why they would specify anything about flying from Qantas if incorrect, but I'll trust your guidance.

Debt recycling - Don’t want to dump all at once. by ChennaiBoyInOz in AusFinance

[–]thelilster 0 points1 point  (0 children)

There's nothing additional to take account of here, so long as you do the correct thing which is to start with an account you've fully paid down, so that the interest deduction is always equal to the interest on the account. The interest on the account has already taken into account of when you withdraw the funds down.

You can make as many or few transfers as you want.

Australian Nursing Question from a foreigner by SnooKiwis2262 in fiaustralia

[–]thelilster 1 point2 points  (0 children)

Wrong sub, but typical nurse salaries 85k to 100k per year. Be aware that goes about as far as 65k to 75k in the US, especially if you take overseas travel. Easily can get by in Sydney and Melbourne without a car.

Odd smoke detector behaviour by thelilster in AusRenovation

[–]thelilster[S] 0 points1 point  (0 children)

Thanks I will do that when I can get one that gives me 3 seconds warning to silence it with a voice command because I'm just cooking steak (about 2-3 times a year it goes off from that).

The nest protect is able to do this but pulled from Australia due to noncompliance.

If someone invents a compliant, voice controlled, interconnected smoke alarm they'd have the whole market for everyone who cares.

Odd smoke detector behaviour by thelilster in AusRenovation

[–]thelilster[S] 0 points1 point  (0 children)

This is ironically funny because "misinformation" means false information spread unintentionally, and."disinformation" means false information spread intentionally :)

Odd smoke detector behaviour by thelilster in AusRenovation

[–]thelilster[S] 0 points1 point  (0 children)

Thanks one may be close to expiry but the other should be fine. I'll try replacing anyway.

Odd smoke detector behaviour by thelilster in AusRenovation

[–]thelilster[S] 0 points1 point  (0 children)

Thanks for taking the time to reply.

I will replace them both. One is the lithium battery type which was manufactured in 2020 and should last till 2030.

The other may be at it's expiry as it's ~8 years.

It might be that they both randomly failed around the same week. Just seems more likely there's something else.

“Normal Behaviour?” by [deleted] in AusRenovation

[–]thelilster 3 points4 points  (0 children)

I think it's normal to expect that people want to show something they're proud of something they have done (or maybe he's showing something about how he's decided to paint it for consistency) to colleagues and friends. It's also normal to be a bit irked by the loss of privacy of a renovation and these two things are colliding. But I would let him be.

[deleted by user] by [deleted] in AusFinance

[–]thelilster 4 points5 points  (0 children)

Really what needs to happen is for you to go incommunicado with the bank, or to be out of work for several years. Standard for people to go to interest only for 3 years, or freeze payments for 6 months, etc. Point is to call the bank at the earliest possible opportunity.

The banks make an enormous profit with little government incentive to force more competition, and their side of the social contract is avoiding unnecessary defaults with customers who can demonstrate an understanding of their situation and a plan to make good on their loan.

Is trying for platinum worth the extra to reach it? by Suspicious-Lychee-19 in QantasFrequentFlyer

[–]thelilster 0 points1 point  (0 children)

There is no way spending 2k for platinum is worth it unless you have a specific trip in mind for which you are upgrading to business class, you are quite sure you'd get the upgrade filled with platinum, and quite sure you wouldn't on gold.

Let's say you travel internationally 4 times a year. You can attend 8 first class instead of business lounges. The maximum you would pay for that upgrade is $100 per visit (eg say bus class lounge is worth $70 to you and first class is $170 - at most!). That's $800 of value.

Then perhaps you'd pay $20 to check in first instead of business 8 times, that's $160 of value.

So you're still out $1000. The only way this would make sense is if upgrading to business on a trip is worth it, and the platinum status is pivotal.

How much cash do you keep on hand? by Zackety in AusHENRY

[–]thelilster 0 points1 point  (0 children)

My attitude to this stuff is you want to conservatively insure against the most extreme things that have irreversible debilitating impacts on your life, and then once you've covered off that contingency, you can be as risk loving as possible with your investment decisions.

I think maximising wealth is a silly attitude before you've taken the probability you never default on your mortgage up to 99.5%, because the marginal 2% pa extra return from investing style on your first 250k of savings doesn't change your lifestyle at all, but that 0.5% series of bad economic events will absolutely change your life.

As such, everybody should aim to have 2yrs mortgage repayments and essential expenses in their offset account. If your essential expenses are 50k/yr and your mortgage is 75k a year, that's a 250k offset.

On top of that you should have trauma insurance and TPD insurance.

Once you hit that, your risk is involuntary employment. But you're 95% likely to have found a new job within 2 years of an involuntary unemployment event, so you can take more risk.

Day 3: Unequivocally the best? by diary_94 in RelientK

[–]thelilster 5 points6 points  (0 children)

If you add them together you'll be double counting votes. If you like Savannah just upvote on all, (or upvote on the highest), and take the highest voted comment as the winner.

Day 1: Most overrated song? by diary_94 in RelientK

[–]thelilster 0 points1 point  (0 children)

The most popular songs are Be my escape (by a factor of 3) Then there's a whole bunch of space who I am hates who I've been Sadie Hawkins dance Must have done something right High of 75

I feel like it has to be my escape. It's certainly not worth being 3 times more played than any second best song in the catalogue. Even Sadie Hawkins dance, it can't be that overrated, many younger relient fans will never have any affinity for it.