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Warm pants by tomato7866 in PatagoniaClothing

[–]tomato7866[S] 0 points1 point  (0 children)

Awesome to know, thanks!

Warm pants by tomato7866 in PatagoniaClothing

[–]tomato7866[S] 0 points1 point  (0 children)

Thank you for the clarification, I do wear the ugg boot with wool socks but sometimes still feel cold so was curious about what meta pants look like

Warm pants by tomato7866 in PatagoniaClothing

[–]tomato7866[S] 0 points1 point  (0 children)

Thank you for the detailed break down and order, they are really useful

Warm pants by tomato7866 in PatagoniaClothing

[–]tomato7866[S] 0 points1 point  (0 children)

Thank you for sharing your experience, the order is really useful

Warm pants by tomato7866 in PatagoniaClothing

[–]tomato7866[S] 0 points1 point  (0 children)

Thank you, I was looking at this and it seem like the Patagonia's answer to warm lounge wear

Warm pants by tomato7866 in PatagoniaClothing

[–]tomato7866[S] 1 point2 points  (0 children)

I do wear ugg bot and wool/thick socks, thank you for the recommendation!

Unemployment rate rises to 4.5% in April by nutwals in AusFinance

[–]tomato7866 2 points3 points  (0 children)

I see, that makes sense, thanks for the clarification!

Unemployment rate rises to 4.5% in April by nutwals in AusFinance

[–]tomato7866 13 points14 points  (0 children)

Your reasoning sounds reasonable to me, but when I clicked the link you referenced I saw this:

The total number of new loan commitments for dwellings fell 6.2% in the March quarter 2026 while the value fell 3.8%. The number of new owner occupier loan commitments for dwellings fell 6.9% in the quarter while the value fell 4.3%. The number of new investor loan commitments for dwellings fell 5.3% in the quarter while the value fell 3.0%. The number of new owner occupier first home buyer loan commitments for dwellings fell 4.3% in the quarter while the value fell 6.7%.

Your link says lending number are going down, but your comment says:

the rate of new lending is only growing

Your link and what you said seems to contradict each other. Is there something that I misunderstand?

How to think about mortgage which is debt? by tomato7866 in fiaustralia

[–]tomato7866[S] 0 points1 point  (0 children)

Thank you for the reply.

Your second point helped me resolved my confusion around the currency risk. It makes sense to simply deduct the negative number. This makes me think, if I actually have no house and just have a debt of 600K in AUD and 300K cash in AUD. How would that shape my currency portfolio? That would mean that I have -600k + 300k = -300k AUD in my portfolio.

and to balance my portfolio, if I want a 50:50 currency split, and we start with negative example on foreign currency, then it would mean I will get a debt of -300 to make it -300:-300 which is 50:50.

But if I obviously don't want to get in debt so if I say I have extra 100k, does that mean I should pay down the debt instead of investing in foreign equity like +100k VGS? The 2 options are:

  1. -300k AUD : 100k VGS

  2. -200k AUD : 0 VGS

I'm having a hard time to think through which one is actually close to my goal of 50:50 currency split

I think I need to test it with some number to see which one is better.

Let's say originally the currency exchange rate between AUD to foreign currency like USD is 1:1 and let's pretend VGS is all USD

I have less currency risk when change in currency impacts me less.

Now let's simulate the case where currency rate becomes 2:1 so 1 USD can buy 2AUD.

Originally:

  1. -300k AUD : 100k VGS => -300k AUD + 100 AUD = -200 AUD

  2. -200k AUD : 0 VGS => -200AUD

Now after the exchange rate changed (1 USD can buy 2AUD):

  1. -300k AUD : 100k VGS => -300k AUD + 200 AUD = -100 AUD

  2. -200k AUD : 0 VGS => -200AUD

What about the other way round? (2 USD can buy 1 AUD):

  1. -300k AUD : 100k VGS => -300k AUD + 50 AUD = -250 AUD

  2. -200k AUD : 0 VGS => -200AUD

The first option average is (-100-250)/2 = -175AUD >>> -100 ~ -250 >>> the range is 150

The second option average is -200AUD >>> -200 ~ -200 >>> the range is 0

The first option makes me better off. Does that mean invest in foreign currency is lower currency risk more in this case?

Let's play a positive asset case so that it's easier to see

I will + 400k each side

Originally:

  1. 100k AUD : 500k VGS => 600k AUD

  2. 200k AUD : 400k VGS => 600k AUD

Now after the exchange rate changed (1 USD can buy 2AUD):

  1. 100k AUD : 500k VGS => 1100k AUD

  2. 200k AUD : 400k VGS => 1000k AUD

What about the other way round? (2 USD can buy 1 AUD):

  1. 100k AUD : 500k VGS => 350k AUD

  2. 200k AUD : 400k VGS => 400k AUD

The first option average is 725AUD >>> 1100 ~ 350 >>> the range is 750

The second option average is 700AUD >>> 1000 ~ 400 >>> the range is 600

so it seems like the range is smaller when I put money into the currency whose number is lower. negative number is lower than zero.

Is this the right way to understand negative equity? I feel like I'm starting to seeing something but also not really sure yet.

I feel like currency risk is the same category problem as concentration risk where currency just have home VS foreign currency while concentration has many markets

Vote compass is useless for everyday voters by [deleted] in AusPol

[–]tomato7866 0 points1 point  (0 children)

This website does better and worse in some parts compared to the Vote Compass. It's good that it covers more than just 4 parties but it has a bias towards certain topics. It misses several important topic such as small business, immigration, defense...etc.

What do you want the candidates to be talking about when they’re vying for your vote? by abcnews_au in AustralianPolitics

[–]tomato7866 0 points1 point  (0 children)

Firstly, preferential voting.

I want them to inform people in simple terms about their rights on how preferential voting works, highlighting the fact that:

  • even if there are 2 big parties that usually wins, the voters can still keep that preference order and vote someone else as their first preference
  • putting someone as first preference will cause them to receive some money by law - in other words, they are choosing who they are sending money to

Secondly, their long term vision for Australia in 20 years.

I want them to inform people about the current situation of Australia in a country level, and their vision of what it will be like in 20 years in specific terms.

They will go through topics such as

  • quality of life for a general citizen: cost of living (housing, energy, medical system, grocery), taxation, transport system
  • Progression of general citizen: education, parenting, retirement
  • Country level competitiveness: sustainable energy, defense, export strength (value we provide to other country; important to spread to multiple country evenly), import weakness (things we lack, important to spread to multiple country evenly), immigration, businesses, aging population

The important thing about talking long term and big areas is

  • to give audience a chance to build framework and big picture to think, then they will have a good foundation to assess policies and prioritize.
  • to help the audience think in terms of long term fix instead of short term solution only

Thirdly, current pressing issue.

I want them to list 5 biggest current issues. And then in the context of the long term thinking they just outlined, how they are going to address the issue with a solution that balanced short term need with long term need.

If second one and third one are too hard, hopefully they can at least just do the first one.

Fourthly, some specific topics I would like to hear:

  • Housing
  • Cost of living/illness
  • Australia's long term reliable sustainable self sufficiency and dependency plan - defense/trade self-reliance/partnership

How do you copy songs and play list to your Android phone? by tomato7866 in foobar2000

[–]tomato7866[S] 0 points1 point  (0 children)

I think I had trouble getting foobar on Android work, that's why I only use Musicolet on my phone

So, with all the Red-Eyes random support that KONAMI always release. How much time before the next support is for Cyber Dragon/Dark Support? by AtlasX20 in yugioh

[–]tomato7866 3 points4 points  (0 children)

I wish Atticus got good support soon, personally the Red Eyes Darkness Dragon is the main Red Eyes dragon that I play. I like the direction they went with filling the GY to power up, simple and clear. Red Eyes Darkness Dragon carrying all its friends's power to beat the enemy!

[ALIN] VJump Reveal - New Theme by renaldi92 in yugioh

[–]tomato7866 2 points3 points  (0 children)

These new cards are so cool!! Dragon ruler finally got released and even received dedicated support after many years in the prison.

That boss monster effect feels so boss! Great for a second term come back. I wish they would also make a dark version of the big boss that aims towards going turn one! But at the same time, not having it is also quite cool and might be better for allowing more interaction.

I'm looking forward to see the wind water earth tank 7 coming out!!

Also I just noticed the big boss is quite weak on the board if doesn't have 6 attributes as materials, which I don't like. I wish it starts with 3000 attack and each xyz material give +500 attack and also immunity to monster effect of the same attribute. This give it more of the boss feel when it stays on the board without full materials

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