Nerfonomics

Calvin27

Eats Squid
Our resource markets should take a hit as we heavily deal with China but our economy is more in line with the UK and US and they're still battling with inflation.
No problem, we'll just up our coal sales to india.

ll the students I spoke with were uniformly uncertain about how they were ever going to get jobs, or afford housing, so no different from most Western countries in that respect.
Problem with China is the wealth-inheritance effect is amplified compared to western countries. You have wealth of two parents going to on grandchild. So the haves and have nots gets increasingly bigger gap. When everyone is rapidly increasing their quality, it's not a problem. When this stagnates it is - and they are stagnating now. Unlike Australia, they can't just pump immigration and rely on exports to get you through. I will note though that with an increased population our share of 'export wealth' decreases per capita, but hey nerfonoicists rekon the internal consumption more than makes up for it!
 

Dales Cannon

lightbrain about 4pm
Staff member
Nerfonomics according to #1 who is working many hours. I need my 12V fridge dropped off for repairs, can you do that for me? Fridge place, $110 deposit to investigate. Done. #1 I need some bolts and round bar and bits to fit the rtt and canopy frame, can you grab them? $90 later. #1 here is a lightbar you can have in lieu of the cash I owe you. Maybe. #1 lightbar retails for $270. What did you pay? $100...
 

huge

Likes Bikes
Might be the wrong thread , but what is the best trading platform here in aus ? Without dark web ... I feel safer with the light on
 

pink poodle

気が狂っている男
Might be the wrong thread , but what is the best trading platform here in aus ? Without dark web ... I feel safer with the light on

Try this one

 

Oddjob

Merry fucking Xmas to you assholes
Might be the wrong thread , but what is the best trading platform here in aus ? Without dark web ... I feel safer with the light on
For small amounts the best investment is super. Max out your tax free super contribution before making investments out of super.

Then put everything in super on low cost balanced funds or super low cost index tracking exchange traded funds (ETFs) like Vanguard.

TLDR

Maximise returns by minimising tax and fees.

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pink poodle

気が狂っている男
This is a clear, concise descriptor of our current monetary state. Non-alarmist and digestible.

 

jrewing

Eats Squid
For small amounts the best investment is super. Max out your tax free super contribution before making investments out of super.

Then put everything in super on low cost balanced funds or super low cost index tracking exchange traded funds (ETFs) like Vanguard.

TLDR

Maximise returns by minimising tax and fees.

Sent from my M2012K11AG using Tapatalk
Where would one put 1mil, factoring super has 2 commercial units in it already. Income stream thinking? Want avoid more property
 

Oddjob

Merry fucking Xmas to you assholes
Where would one put 1mil, factoring super has 2 commercial units in it already. Income stream thinking? Want avoid more property
Depends on many factors. If you need income stream, then etf bond and infrastructure funds would be best. If you don't need income, then primary place of residence or super, again this reduces tax significantly.

But best thing is to interview some financial advisers and pick a good one, then develop holistic plan.

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jrewing

Eats Squid
Depends on many factors. If you need income stream, then etf bond and infrastructure funds would be best. If you don't need income, then primary place of residence or super, again this reduces tax significantly.

But best thing is to interview some financial advisers and pick a good one, then develop a holistic plan.

Sent from my M2012K11AG using Tapatalk
Yep might have to talk to some people. Income steam preferred. Thanks
Red/black casino?
 

wesdadude

ウェスド アドゥーデ
Where would one put 1mil, factoring super has 2 commercial units in it already. Income stream thinking? Want avoid more property
I can PM you my PayID if you want. Just be aware that past performance may not be indicative of future performance. Otherwise, if you're looking for an income stream, look at how endowments are managed.
 

Oddjob

Merry fucking Xmas to you assholes
I can PM you my PayID if you want. Just be aware that past performance may not be indicative of future performance. Otherwise, if you're looking for an income stream, look at how endowments are managed.
Endowments are very unusual. They bet very long on very illiquid assets that are unavailable to plebs like you and me. Think the very exotic end of the private equity market but without the fees because they manage direct.

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pink poodle

気が狂っている男
Endowments are very unusual. They bet very long on very illiquid assets that are unavailable to plebs like you and me. Think the very exotic end of the private equity market but without the fees because they manage direct.

Sent from my M2012K11AG using Tapatalk
Fuck! I subscribed to a hot dowagers near you dating site before I read your post...
 
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