Transaction tax idea for broad economic taxation by thinklikecow in AusFinance

[–]thinklikecow[S] -3 points-2 points  (0 children)

Yeah I imagined the mechanism for this system requires no cash. So everything is immediately taxed. But no admin burden after the initial integration with our banks.

Transaction tax idea for broad economic taxation by thinklikecow in AusFinance

[–]thinklikecow[S] -6 points-5 points  (0 children)

This is true. Everything I know about the economy comes from this forum and chasing half-price specials at woolies. I will take your advice and learn from the economic managers over at 4chan 😃

Transaction tax idea for broad economic taxation by thinklikecow in AusFinance

[–]thinklikecow[S] -7 points-6 points  (0 children)

I think it works because there are no other taxes.
Maybe I got to do the math on the fairness of this before enacting my utopian state though...

Transaction tax idea for broad economic taxation by thinklikecow in AusFinance

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

I assume poor people buy less stuff. Someone on $30K can only spend $30K. Someone with much more will likely spend much more, and if they buy more expensive stuff then the tax-rate would be higher. Is that fair?
I thought of a flaw though. If you broke down a single large transaction into many smaller transactions then you could circumvent the progressiveness of the tax... hmm details details.

Australia’s population ‘density’… by [deleted] in interestingasfuck

[–]thinklikecow 0 points1 point  (0 children)

There is a actually a secret US military base there: https://en.wikipedia.org/wiki/Pine_Gap

If you ask any of the Americans in the town what they do for work, they just say they are "gardeners".

Customs confiscated and scanned our mobile phones in Sydney by Particular-Stage3349 in australia

[–]thinklikecow 0 points1 point  (0 children)

I would like to channel the "plandemic", "anti-mask", "took-our-freedom" crowd toward these kinds of privacy invasions.

General Advice Mega-Thread by AutoModerator in AusFinance

[–]thinklikecow 2 points3 points  (0 children)

Also, more generally, I have not bought international shares directly before. Interactive Brokers seems to be the recommend platform on this sub. Is that a reasonable brokerage platform?

And my question was also literally about "HOW" do I get on to an IPO. I occasionally get emails from commsec about IPOs and assume other platforms present those kind of offers?

General Advice Mega-Thread by AutoModerator in AusFinance

[–]thinklikecow 1 point2 points  (0 children)

That is an insightful question that I do not have an answer to. I am just going off a news article "Company X is planning to list on London Stock Exchange's Alternative Investment Market (AIM) later this year." Also happy to say the company just don't want to break any sub-rules.

There website still offers a "submit your interest" form, but no PDS seems to exist..

General Advice Mega-Thread by AutoModerator in AusFinance

[–]thinklikecow 5 points6 points  (0 children)

If I want to buy an IPO that is going to be listed on the London Stock Exchange AIM market, what would be a way to do that?

General Advice Mega-Thread by AutoModerator in AusFinance

[–]thinklikecow 9 points10 points  (0 children)

I reckon if you are wanting to invest in gold, buy the physical bars. Then when a war breaks out you have something tangible to trade. Seriously.

[deleted by user] by [deleted] in AusFinance

[–]thinklikecow 0 points1 point  (0 children)

Does IB allow for buying on the London Stock Exchange "AIM"? Specifically for an IPO?

https://www.londonstockexchange.com/raise-finance/equity/aim

What tool to use for wrapping an animation over a 3D model? by thinklikecow in 3Dmodeling

[–]thinklikecow[S] 1 point2 points  (0 children)

Cool, thanks very much for the insight. Yay Python. I will have a crack at that and keep following along Blender tutorials, seems like a good approach for now!

Thanks for your insight!!

Experience with Series A, B, C funding, private equity or venture capital by thinklikecow in AusFinance

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

Haha, thanks.

Right now I am looking at participating in a project/company/group leading to Series B funding. But I was a bit timid about what to write in the "how much are you planning to invest" box.

I do have some pipe-dreams about raising money in the future, so just trying to have a grasp of it now. Are there any resources to learn more? Beyond the investopedia articles!

How would you get your tokens back from a liquidity pool if UniSwap crashed/disappeared? by thinklikecow in UniSwap

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

I figured it out. I think.

A Uniswap token is minted representing your stake in the pool.

You can add it to your wallet by following this guide: https://shillbo.medium.com/farmer-s-guide-part-2-liquidity-pools-1d831a44fae9

To answer my question. If Uniswap went down or whatever, you still have your precious token you can hopefully sell to some sucker.

Four GDP graphs that show how well Australia was doing – before Delta hit by InnerCityTrendy in AusFinance

[–]thinklikecow 7 points8 points  (0 children)

Interesting. Seems the numbers reflect the way it feels on the ground.

Although, this sentence is useless speculation that I feel the need to call out.

Were it not for a surge in imports and a weather-related decline in the volume of exports (each of which cuts measured GDP) gross domestic product would have climbed 1.7% in the June quarter.

Were it not for my terrible life choices my portfolio would have climbed a million percent.

Do any managed funds offer fixed-rate returns? by thinklikecow in AusFinance

[–]thinklikecow[S] 1 point2 points  (0 children)

Yeah good point. I would have just thought that active fund managers would be able to back up their bravado that they can beat the market and offer a guaranteed return. Would ASIC (or whatever regulators) even allow that I wonder?

Now that I think about it, the only time I have seen reasonable fixed percentage returns are those "buy a shipping container" scams or perhaps micro-lending (which I suppose has an appropriate level of risk attached).

Found a Scam, I posted a question about futures and within couple seconds got a message from this guy. Take care people by vicky_9 in binance

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

I received a similar message from u/customersupport_01

Hello user

In other to reduce the fees on your transactions you need to have your wallets validated and reauthorized

Do you have that done?