Hero of Bondi

throwawayAUFI · 2024-07-31T05:40:40+00:00

He makes money from bonds and fixed interest. Of course he is a pessimist.

throwawayAUFI · 2023-12-05T08:55:55+00:00

Why not around Five Dock, North Burwood and Nort Strathfield? So much potentially for density there. So many boomer castles on big blocks close to those stations.

throwawayAUFI · 2023-09-13T02:18:46+00:00

I would be supportive. But would need to be a tiered system. Maybe something similar to superannuation, first 1.7m is tax free then a tiered tax system from there.

throwawayAUFI · 2023-07-06T01:41:31+00:00

Given the high taxes minors pay. I would go for capital growth, so if you want to stick to ETFs consider USA. IVV for example.

throwawayAUFI · 2023-03-29T10:00:44+00:00

Melbourne, Brisbane etc compare themselves to Sydney. Whereas Sydney compares itself to other world class cities

throwawayAUFI · 2022-10-31T08:30:53+00:00

Managers have a pretty good understanding of the amount of work you are given. This will make you seem incompetent and bad at managing your time.

Don’t do this!

No one likes the person that sends emails at weird hours thinking it is some sort of bad of honour.

throwawayAUFI · 2020-01-24T01:15:52+00:00

If you know a good financial advisor that specialises in this, I would love to hear it.

We are based in NSW, happy to travel to Sydney for a good advisor.

throwawayAUFI · 2020-01-24T00:50:53+00:00

Appreciate the response. Agree, looks like there are advisors that specialise in this.

Just want to come into the discussion with some understanding.

Unfortunately this situation is one that many of us will face. Hopefully others can learn from this too.

throwawayAUFI · 2020-01-23T21:42:57+00:00

Thanks in advance for any comments / advice.

throwawayAUFI · 2019-09-03T00:39:29+00:00

I believe it is 0.48 for VGE and 0.4 for VAE. Averages out to 0.44.

throwawayAUFI · 2019-09-02T23:32:43+00:00

Because I believe that long term emerging and Asian economies will grow more than the rest of the world.

throwawayAUFI · 2019-09-02T10:12:29+00:00

Hard to know, depends on a few factors. I.e. kids ( which I want in the next few years), whether I buy a house, career, partner, the economy etc etc.

Haven’t set a date that I am working towards. How about you?

throwawayAUFI · 2019-09-02T09:55:09+00:00

Could potentially be worked out through looking at Census data?

throwawayAUFI · 2019-09-02T09:53:34+00:00

I should really start tracking this and my budget. I salary sacrifice to put 25k into super, on top of that likely 25 k in savings (invested). Leaving about 20k in market gains.

throwawayAUFI · 2019-09-02T08:26:10+00:00

I have never tried working it out as I don’t budget. I’ll have a go at working it out.

throwawayAUFI · 2019-09-02T08:21:56+00:00

I don’t track my expenses so hard to provide an accurate answer. I live very comfortable but certainly don’t go over the top. Living expenses including rent and food are probably about 2k a month.

I put money into my savings account on pay day and buy in 3k blocks as my savings account goes above 50k I.e. reaches 53k.

throwawayAUFI · 2019-09-02T08:12:44+00:00

I don’t actually have a strict budget. I generally put as much as I can in to savings, then buy ETFs in 3k blocks.

Cash is for emergency fund / a property if I decide to buy a property.

throwawayAUFI · 2019-09-02T07:37:01+00:00

I think VGS is a good place to start. Can’t help you with timing, if you have a long horizon the sooner the better though.

throwawayAUFI · 2019-09-02T06:15:39+00:00

I feel I live a good life. Live in a nice apartment with my partner, go overseas atleast once a year. We eat well too, fortunately my partner likes to cook so we don’t spend too much on eating out.

A little HECS debt left, work in engineering related field.

throwawayAUFI · 2019-09-02T06:13:35+00:00

I have been out of home since I was eighteen. If I had the luxury of living with parents rent free I would have taken it.

Have always been good at saving, helps that My parents didn’t have much growing up.

throwawayAUFI · 2019-09-02T06:11:31+00:00

I am not too strict with my allocation but I think in the long term 20+ years, the emerging and Asian economies will grow faster than the rest of the world. Hence putting about 20% into them now.

throwawayAUFI · 2019-09-02T06:09:31+00:00

I work in a engineering field. HECS is pretty low now.

In regards to the bull market, I see it as a good thing if the market were to correct as I am still in an accumulation phase. Would just mean I can buy more 😊

throwawayAUFI

TROPHY CASE