netjock » user profile

Member Since 08/08/2018
Last Seen 10 hours 36 min
Badges 23 2
Location Melbourne

Recent Activities

Someone starting out work today will have $3m at retirement. Problem with the $3m super super tax is it isn't indexed so it is a time bomb…
12/05/2024 - 08:35
> If you invest based on all the "what-ifs" then it's unlikely you will invest at all. Actually not true. You just need to open up more…
11/05/2024 - 19:34
> Tax still payable but only on the distribution not the unit price growth Until they find it viable to tax unrealised capital gains (like…
10/05/2024 - 15:55
My PE fund went up 100% But my China fund went down 50% It depends on the amount invested I might have just broken even. (It is a true…
10/05/2024 - 15:53
Google discounted cash flow valuation model. Spolier: higher the rate lower the present valuation of shares due to cost of funding.
10/05/2024 - 15:51
> people on 60k salary get a lot less when they claim deduction on their printer compared to when I claim my printer while being on top…
10/05/2024 - 15:49
It is actually a wealth transfer. I am surprised you took and deal. Obviously want to keep the regressive thing going. Imagine if nobody…
10/05/2024 - 12:18
> Govt is giving all FBT exemptions on EVs on cost of tax payers but for how long this crazy model is sustainable? Long as they can get…
10/05/2024 - 10:38
> not realising that their prices are a joke It is only a joke when they tell people they can't afford it. The millionaire Corolla drive is…
10/05/2024 - 10:34
> I don't see the rationale in buying EV's. If its to save the planet from climate change, certainly not. Would work in narrow user case.…
10/05/2024 - 10:33
The model 3 is a way more expensive car from new. You can't expect a $40k car to be same as a $60k car. That is like spending $40k on a…
10/05/2024 - 10:28
New drop shippers. You happy to buy an overpriced car I'll find a yard that will sell it for me for $2k less. Great idea I'll pump out a…
10/05/2024 - 10:25
That is the problem with our society now. Full of chancers. (Over advertise, low ball offers). All driven by social media (because…
10/05/2024 - 10:24
> Like with iPhones, the secondhand market is almost the price of new LOL
10/05/2024 - 10:21
It is only a ponzi if you end up carrying the bag when are left with a big fat loss! Remember some of Bernie Madoff investors that cashed…
10/05/2024 - 10:21
ATO only applies government policy and they can make recommendations. I can guarantee it is some fun pollsters who try to put a positive…
10/05/2024 - 10:19
> The real winners are the lease company at the tax payers expense Now you know why they made it FBT free. Not just GST free like fresh…
10/05/2024 - 10:16
> I don't like Musk That is why they are dropping prices. If he keeps his mouth shut and keeps on making good products. Some of this talk…
10/05/2024 - 10:09
That is why people would rather put the money towards a negatively geared investment. I mean you can sell that investment and not on the…
10/05/2024 - 09:35
You mean like how Tesla laid off their workers and they all had Tesla subsidized leases? heheheheh
10/05/2024 - 09:33
The problem here is you compare car of the same price and assumption there is FBT.
10/05/2024 - 09:27
> Unless they are still using it? True but they would have to program the price to go down like $100 a day because obviously they are…
10/05/2024 - 09:19
> More than the 5% they're losing on missed opportunity but they are paying rego, insurance and depreciation. It makes no sense Non…
10/05/2024 - 09:19
Amber is a funny proposition. Years ago when they were cheap fees ($10 a month) plus access charges. So basically the sum of the two adds…
10/05/2024 - 09:12
Yeah during peaks. Lot of people get caught out.
10/05/2024 - 09:08
You trying to take advantage of the new build to rent legislation? Good luck
09/05/2024 - 16:43
> after I sell ETF investments we'd have about 45% How much is the apartment? Like what $1m? > I'd expect to use it probably 4 times a year…
09/05/2024 - 10:04
Should have just paid the fee up front. Otherwise if you can wait then wait. Sounds like they basically had it ready and you paid for…
08/05/2024 - 09:36
They grandfathered PayAll. Didn't grandfather fee free for life (I am not sure it is for all people or just some people). They will find…
08/05/2024 - 09:34
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