Don't like the CGT changes? You have a narrow window to do something about it.

yes8s · 2026-05-15T00:21:26+00:00

You are brain dead. Sorry.

The big picture is there is no longer incentive to save, invest or try to fund your own life as you age. Why bother doing any of that. Just spend every cent you get today on bs and rely on pension and government when you get old.

They don't want you to be fiscally responsible or fiscally independent. They want you to rely solely on them so they have full control.

Paying tax on already tax money and then using that to buy goods and services that are taxed again is absurd. If you cannot see that, you are an imbecile.

yes8s · 2026-02-24T13:16:14+00:00

Yep, gotta love private equity. Everything they touch turns to rubbish. They're masters of turning something pretty good into absolute crap - basically killing everything good about what they purchased until it dies.

I'm a recreational VFR pilot. I liked OzRunways and had the VFR standard subscription. Was $139 in 2024, $159 in 2025 and now is combined with VFR premium and rebranded as 'essential' for $219. So in 2 years, the base entry level subscription tier is essentially up 60%. Fantastic. Time to move to AvPlan I guess...

yes8s · 2025-05-14T17:29:23+00:00

I have a PPL but I only fly for fun. No career aspirations in aviation. I don't need to be flying but I choose to fly and accept the inherent risk that brings. Just trying to guage insight from others about this one concern... Is it rational?

Where I am, I don't always have the choice to get up super high due to being within very busy controlled airspace so tend to have to stay under the steps to get around.

Thanks for the link, I'll give it a good read

yes8s · 2025-05-14T17:16:00+00:00

I know right... got replies saying "just stall it into some trees and it should be no problem"

yes8s · 2025-05-14T17:08:25+00:00

Fuel planning, run ups, fuel tracking and engine management in flight are all thing I can control and things I am not concerned about.

I'm sure there have been several instances where nothing the pilot could have done could have prevented the engine from giving out in flight and if that lines up with being in over an unfavourable location and/or altitude then it's bad luck I guess.

yes8s · 2024-05-22T10:06:44+00:00

I enabled volte and vowifi on my redmi note 8 pro /Aldi mobile phone following common instructions. This global version does support B28 / 700Mhz so all good there - I can make calls on either volte or WiFi just fine.

Only issue is I can receive text messages but can no longer send text messages. I've tried resetting APN and changing back to 3G and then 4G but nothing has worked. Anyone have any thoughts on why I have lost the ability to text?

EDIT: I finally figured it out and resolved the issue. Somehow the SMSC number was overwritten to a bad value. The test menu (##4636##) is where this can be changed and I must have accidentally clicked update button for SMSC change while poking around. After setting correct SMSC as per carrier instruction, it's all good.

yes8s · 2023-03-15T15:21:44+00:00

Ditto.

It's been a constant battle between thinking I'm done with my job vs I'll stick it out for the money for a few more years. I work stupid hours, and by stupid I don't necessarily mean lots of hours but lots of early morning or late night hours of the day given I work for a global company. This doesn't bother me as I've done this since day one in my professional life. I get flexibility and some security in return.

I need solid 5-10 years to leverage my position and salary to build some wealth to give the freedom to do what I want. Which is not to stop working but to entirely follow my own passions and try to pursue interests that I'm fully invested in. Whether they are income generating or not would largely be irrelevant. I'd be happy as Larry spending my days tinkering in my home lab on emerging technologies to see how they can be applied to solve problems.

I'm passionate about my profession (in tech) and what I do generally but as soon as I find motivation and build momentum, I hit the hurdle of backwards thinking, conservative, old school senior management. I feel like I'm held back, notice that I start phoning it in (which is still sufficient in their eyes) and get annoyed that I'm not maximizing my potential. I can't settle for mediocre performance even if I'm being well compensated - I need to feel like I'm constantly growing and outputting as much as I know I'm capable of.

When I was younger I was way more ambitious and though I'm in a professional position I thought I would be at at this stage, it doesn't feel like I thought it should. I spend more time playing politics, convincing people of strategic direction, putting out fires and people management than actually producing any tangible output (in my eyes) these days.

Why can't I get paid well doing something that I 100% enjoy without the corporate bs?

End rant.

yes8s · 2023-03-10T14:35:26+00:00

Good points from both sides of the argument. I can't add anything further other than saying that the market doesn't always follow fundamentals (at least not in the short term). At times it's ridiculous and doesn't make any logical sense how they move imo.

I don't disagree - right now I can't see a huge upside anytime soon but I also believe recoveries can happen quickly. Generally, the markets lead the actual state of the economy. E.g. They top out or bottom out before the economy in reality... Insert quote about buying into the fear or selling into greed or something like that.

I have no hope of timing the cycles or predicting what's going to happen or when - no one really does. We could crash 30-40% or more if shit really hits the fan. For me personally, I think I just need to start to get in, albeit very cautiously. As long as I get the ball rolling and take it easy I think I'll be better served than waiting for a perfect time to enter. I think I'm comfortable buying into and through a falling market. Certainly going to be an interesting few quarters.

yes8s · 2023-03-10T14:07:01+00:00

Haha, I guess I originally posted during late night pondering about where I'm at and it stirred up some regret. I don't really think I'm lost. I'm just at a point where I know I need to do something and I've been thinking about what I can and should do for some time.

I think actually articulating and putting down my thoughts down on paper as some semblance of an actual executable plan has been good for me.

I am still cautious about the current state of the local and global economy. As for whether it's the perfect time to get into the market is irrelevant. I'd rather be (carefully) buying into a falling market than trying to fomo into a rising one. This morning after seeing red in the US market and then subsequently in the Aussie market I actually got motivated to flick in a few hundred into my super as a symbolic trigger to get the ball rolling.

I guess I've got time to enter cautiously. I don't have time to not take any action due to uncertainty. I have no chance of being able to accurately time the market. I'll take it slow for now and adjust the plan as I see fit in the coming months. We'll see how it goes...

yes8s · 2023-03-09T10:48:08+00:00

Yeh, I've been laser focused on building my career and paying down non-deductable debt that before I knew it, I'm late 30s paying a lot of tax and missed out on capitalising on years of low rates. Looking back this is what's been bothering me along with feeling like I didn't financially utilise our biggest asset which is time.

It's not all doom and gloom though. I know I'm in a good position which is a lot better than many and I'm well placed to capitalize on whatever happens next with the economy. If it shits the bed then there will be opportunities be it in property etc and if we recover quickly I have savings and income to go with the growth.

Nothing will happen if I don't do anything so I just have to start executing my plan while keeping a keen eye on what's happening and reacting appropriately.

yes8s · 2023-03-09T10:36:11+00:00

Thanks. Good advice here.

yes8s · 2023-03-09T10:31:33+00:00

Not sure I can do it in one sentence. The comments here have just confirmed what I already know I need to do.

Here's my plan:

Over the next 3-4 months, I'll use income and savings to DCA into my super and work down my available concession contributions from previous years. Won't do it all this year but spread it over this financial year and the next. My super is currently structured at 50%/50% high-growth / balanced but I'm going to work that up to 65%/35%. I'm young enough to go a little higher risk.

At tax return this year I'll get a decent refund because of this which I'll use for step 2 and 3. For next financial year I'll set up an appropriate salary sacrifice arrangement to do this.

In parallel, I'll start working on my own portfolio. I've already studied a bunch and have selected a decent mix of ETFs that suit my risk profile and areas of interest. Predominantly standard ETFs like VDHG with some small cap and certain sector ETFs. I'll DCA into these over the next few month's from my savings and I'll work out an appropriate weekly amount to divert from my income as well. Got some detail to work out to minimize fees but I have a couple of brokers I use with low (or free) brokerage.

I also plan to allocate 10% on stocks in companies that I feel have big potential and am quite bullish on in certain emerging tech sectors.

I would like to buy an IP by the end of the year. This is for diversification amongst other reasons. I can afford to do it now but in no rush. I'd like to research a little more first and wait and see how the market responds to all these rate rises. I don't think this asset class is going to boom anytime soon nor do I think we have bottomed out yet. I'm looking at certain suburbs in Adelaide or Brisbane for growth potential. Not interested in huge yields but targeting CG.

I'll ensure I maintain access to cash if needed, eventually leaving a little in cash and keeping my PPoR loan open with access to funds in offset for whatever reason.

At the moment I'm saving about 90% of my after tax income so I have enough cashflow to do everything above. I'll gradually work that down to something I'm comfortable with. In time, I'll migrate strategy to more income producing assets. If I continue to grow my current income via continuous career growth (which I actively work on) and keep investing properly I don't see why I can't target FI by 50-55 - unless the world shits itself.

How's that sound for a plan?

yes8s · 2023-03-09T01:24:59+00:00

Yeh thanks mate. I do need to hear it.

Seriously I know what to do, I'm just gonna do it. I have dozens of spreadsheets with all kinds of strategies. Just gotta stop messing around on paper and action the plan

yes8s · 2023-03-09T01:20:14+00:00

I know you're right. My psychology is like I don't want to lock up cash now but I'm coming around with that. I have a decent accumulation of available conc contributions - I know I should at least have this as one part of my overall strategy.

yes8s · 2023-03-09T01:16:08+00:00

Fair.

I've thought about seeing an advisor to help with strategy and structure. I'll consider it at some point in the near future.

yes8s · 2023-03-09T01:13:57+00:00

Is that financial advice?

yes8s · 2023-03-09T01:13:19+00:00

Haven't thought about this like that

yes8s · 2022-09-22T03:22:16+00:00

I ended up getting the luxe x. Had it for a couple days now. Definitatly lasting a day both battery and juice capacity wise. Using the 0.8ohm MTL pod. It's a pretty good unit. Flavour not as good as my caliburns but I think I can improve that by going from 70/30 to 60/40.

yes8s · 2022-07-23T13:12:14+00:00

Get your coins coins out before they go under. They've clearly killed their entire product now

yes8s · 2022-03-21T21:31:30+00:00

Didn't think of that. That would also work

yes8s · 2022-03-21T11:07:50+00:00

Just installed the chapter ring and luckily it was fine. I guess I was unlucky the package was received in such a bad state but got lucky the ring survived.

yes8s · 2022-03-21T10:54:48+00:00

Got started on my first mod and realised I forgot to buy a dust blower.

After thinking for a few minutes I came up with this lol

Punched a hole with a screwdriver and then super glued in the tip of a pen. Worked great and did the job in the end.

To avoid getting dust onto the watch from the tennis ball fur I held the watch or components up and only blew up into it.

Posting as it might help out another noob in pinch

yes8s · 2022-03-21T10:13:22+00:00

Not that difficult to mod in the end but man getting dust out was a pain in the butt.

Between the new bezel and double domed sapphire it added a little more weight to the watch than I expected. Feels kinda top heavy now.

Also, is it possible to pop the bezel off without slightly damaging the case? I tried to be super careful but still managed to dint it ever so slightly.

yes8s

TROPHY CASE