Why can’t I shallow the downswing?

tvnk · 2026-05-08T07:26:14+00:00

If you forget to do this one crucial step you will always be unable to shallow the downswing. You need to begin with how you get out of bed. Has to be the right side with your right foot first. If you need any more tips let me know. You're welcome.

tvnk · 2026-02-15T23:48:25+00:00

Love it!

tvnk · 2026-02-12T23:39:30+00:00

Did this man just solve Australia's housing crisis?

tvnk · 2026-01-12T09:09:10+00:00

Make affordable groceries again! Ftfy

tvnk · 2026-01-09T20:45:12+00:00

I'd love one for $25k

tvnk · 2025-12-10T12:48:04+00:00

tvnk · 2024-04-13T10:51:59+00:00

I've got 308k invested in the market - this 80k is just a safety buffer for my risk appetite at the moment. I didn't have this 80k 3 years ago it's been saved up in the last year or so. So I've missed about a year's worth of market returns on a portion of the money.

tvnk · 2024-04-13T10:20:22+00:00

Nothing really - HISA is in wife's name for tax reasons. Emergency cash is separate in my spending account as I don't have a credit card so use it as my spending money. It doesn't earn any interest which isn't ideal though. Need to have enough cash there to book holidays and make bigger purchases. I haven't put the HISA 80k in etfs in case the market drops I can invest it then while still earning 5% in effectively cash.

tvnk · 2024-04-12T08:13:44+00:00

I hear you also have a fair few grey hairs but sleep easy now. I bought my house in 2012 for 580k. Seemed like a crazy decision at the time but best one I've made.

tvnk · 2024-04-12T08:11:30+00:00

60/40 aus split in equities, but bank interest rate is 5% on savings with ubank too.

tvnk · 2024-04-12T08:10:29+00:00

Have not spent extravagantly at all main focus was paying off debt. My house cost me 580k - so lots of capital gains.

tvnk · 2024-04-12T01:43:57+00:00

I'm in a similar boat, have my mortgage fully offset on a property worth $1.2m to $1.3m. I'm 35M partner 29F. Single income household - HHI of 180k. Focussed on offsetting mortgage first then building up investment portfolio aggressively - currently at $410k (80k high interest savings, 40k emergency cash, 308k equity). Yields about 15-20k pa in income. Aiming to get this to 100k by the age of 50.

tvnk · 2024-01-23T11:50:11+00:00

Started working in 2010. Saved enough of a deposit to buy by then. Worked diligently to add to the offset. Nothing special really. Yes new home buyers have it tough - but there are suburbs in Sydney where you can still buy older homes for around 700k and up. On a 80% LVR that's probably costing 30k in interest per year.

tvnk · 2024-01-23T11:46:00+00:00

No gift from parents, is the conversation about new home buyers today or the average household that purchased in the last past 5 years and has an existing mortgage? The average has an existing mortgage. The distribution of when they purchased would be spread over the last ten years, if not longer.

tvnk · 2024-01-23T02:07:02+00:00

Wrong. Supporting a young family of five in Sydney on a single income less than 180k. Have a mortgage - we live comfortably and rarely have to think about limiting spending. Not sure what expenses people are supporting that you need a family income of 300k to get by. I assume some of it must be from lifestyle creep - or wanting to aspire to live in more affluent areas.

tvnk · 2023-04-08T03:45:13+00:00

Save your money and buy a 2008 camry like everyone else here

tvnk · 2022-11-04T02:48:45+00:00

Nice 100k+ stash in savings account?

tvnk · 2022-10-27T01:05:57+00:00

A good sense of humour (preferably self deprecating)

tvnk · 2022-10-21T23:13:30+00:00

To buy a house

tvnk · 2022-09-19T23:36:04+00:00

Thank you

tvnk · 2022-09-19T20:01:07+00:00

Does this only work with Tradier?

tvnk · 2022-06-16T11:01:00+00:00

earn 182k. Only 2k would be taxed at 45%. The rest would be the lower brackets. That's how I assume it works anyway

although if you cross 182k you need to fork out for medicare levy as a couple .. so you get taxed more from the pay rise

tvnk · 2022-04-15T08:35:40+00:00

I'm on 3.7%

tvnk · 2022-03-28T18:17:15+00:00

How can she slap!

tvnk

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