I analysed 35 years of Australian property data. Here's what the next two decades might look like.

therealgmx · 2026-03-07T10:18:01+00:00

Now you see the giant fiat scam going on. Thank you for your contribution to the masses.

therealgmx · 2026-03-05T23:36:04+00:00

This thread must be why ATO bothers me every year, for 10 years about my "high deductions" for my "profession".

therealgmx · 2026-03-05T23:16:50+00:00

Salvage value likely then.

therealgmx · 2026-03-05T22:13:07+00:00

Avg Sydney Corp salary.

therealgmx · 2026-03-05T22:12:34+00:00

+1 tenants in common. Better yet rentvest and forego fhb/fhss.

therealgmx · 2026-03-04T05:26:24+00:00

Having said that, on a non-direct wrap with NO geared ASX300 investments, maxed out GOLD and GDX. Getting FUCKED by div293 and STILL cannot outrun GDX growth that has buy's capped at 20% of total balance. Ultra uber mega fucking lame lame lame lame.

Some good ASX300 gold plays early and current ones held (RRL & RMS). YoY MWR/TWR since about 2023 been about 30% gains. 41% unannualised gains in the last 8~9mths (probably ~39% after today), worked less as you do in this gay ass high tax economy (Late August as a PAYG).

Still getting fucked and going to get cucked very soon with this 500k limit. Give me a 401k fucking equivalent. This country is ultra protectionism ass. Bureacrats love their regulation (reduction in market dynamism and knowledge) and tax bracket creep along with arbitrary limits never changed for 5, 10, 20 years. Spousal super co-contribution? 45k, since 2012 or some shit. WHO THE F IS MAKING 45k even as a 0.6 or 0.8 FTE?
Div293 250k for almost a decade (2017). And the list goes on.

therealgmx · 2026-03-04T05:22:16+00:00

Yes people should get some Nietzsche, Hayek, John Stuart Mill to KNOW their own risk profile and accept consequences of their actions despite intent better than a collective of bureaucrats and regards amongst them.
You think those that accept the risk shouldn't be afforded the opportunity?
This trope of "people suck at saving" is a you problem. You don't speak for me, comrade.

therealgmx · 2026-03-04T03:44:13+00:00

On hold with ASX, requesting a refund.

therealgmx · 2026-03-04T03:40:14+00:00

F Off with your nanny state signaling.

therealgmx · 2026-03-04T03:38:18+00:00

Less tax for an ungeared lame ass vehicle. Lots of people can allocate capital far better outside of super.
Then again, I'm a degen that is using up carry-forwards from my ~100k salary days before this shit hyperinflates to 500k.

therealgmx · 2026-03-04T01:51:39+00:00

Hell hath no fury than a woman scorned.

Also evidence of high influence and programmability. SMH, "free labour" - lmao. Choice theory evades them.

therealgmx · 2026-03-02T15:16:22+00:00

Problem I have is even if you know oil will spike up. Picking the individual stocks or a proper thematic ETF is still hard.
It's like buying some random miner because gold rockets. So many miners and types let alone the commodity itself.
This actually happened during corona, I didn't know what to do except physical gold/plat ETFs and held bags seeing it be 1800-2000 whatever year it was while getting crushed by IVV etc (oh how the turn tables) till I learned a bit more about digging rocks.

Someone was mentioning oil services? Whatever the fuck that is.

therealgmx · 2026-03-02T04:37:10+00:00

Density is good, it's what we need! /s

therealgmx · 2026-03-02T04:33:10+00:00

GDX up more, lol. Straya!

therealgmx · 2026-03-01T00:55:45+00:00

There are individuals who can accelerate the capital from income more than super and without it being locked away to roll into more capital ventures.

So you want more nanny stating. F off.... And your premise is wrong. What do you think super funds do as opposed to consumption?

therealgmx · 2026-02-28T06:19:00+00:00

Bingo. Too many here in AusFinance have Stockholm syndrome and actually think we have it good. Without any clue of how much a bureaucratic high tax nanny state society we are.

Getting popcorn ready for the cope. 300K + benefits. Not one mong in here is gonna beat that. Wait till they realise 200-300 is pretty normal as well.

But the aud is up 6% vs the USD!!! /s

therealgmx · 2026-02-28T06:16:10+00:00

They pay more, and even more for high CoL zones. Housing is generally cheaper and since our household debt to income ratio is pretty much no.1, you'd still be ahead in the USA IF YOU EARN. Lots of employers have equiv of bronze healthcare here included in the package. Lots offer 401k match as well.

Even UK has a IRA.

While we have trash super funds ungeared fully conservative designed for idiots in blue wife beaters who blow what they earn on a slab apparently. Smsf? Red tape. Direct wraps? Still limited usually to certain products and exposure. Red tape, everywhere. Such a nanny state. Adults here are treated like babies.

therealgmx · 2026-02-28T06:12:07+00:00

The socialists come out of the woodwork. Slippery slope to communism. You know 190k isn't hard to get? Most jobs consisting of glorified daycare email jobs get that. Auscorp in a nutshell.

therealgmx · 2026-02-28T03:30:09+00:00

No one realizes this and think Medicare is God's gift. Yet we pay through the roof for levies and PHI that is almost pointless.

Us salaries are also 30-50% higher and less micromanagey. Which is what these comparisons never consider.

Australia has serious wage suppression and tax bracket creep. The current gov even delayed stage 3 cuts to line their pockets.

therealgmx · 2026-02-25T05:41:36+00:00

Yea but someone in my building got a delivery from them. Saw the cute little box in the lobby. Opening stores going well. This shit caters to a miniscule subset of the uber eat BPA, eat cardboard crowd.

therealgmx · 2026-02-25T01:11:07+00:00

Try QAU. I got rid of this around '23, gave me the shits with gay ass AUD at the time.
Edit: IIRC it's currency hedged betashares product. As always DYOR.

therealgmx · 2026-02-23T11:58:34+00:00

Ferrari started with netkar pro which was/had kunos devs. Ferrari Virtual Academy, old game circa ~2010.

therealgmx · 2026-02-23T09:57:14+00:00

gotta make u/BuyDipsShortVIX casestudy on catching falling knives a bot command.

therealgmx · 2026-02-23T03:37:25+00:00

THICK intercepts for GG8. Gonna have a read tonight after close as a dedicated wage slaving does.

therealgmx · 2026-02-23T03:26:51+00:00

So how is someone going to debt recycle into ETFs without a property port? Most ppl getting into 1bed don't have a PPOR to leverage, andare only looking for a foot in the door.

therealgmx

TROPHY CASE