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posted in General Discussion read more

@Earl said in Property Market:

@tiger05premier said in Property Market:

@Earl said in Property Market:

@tiger05premier said in Property Market:

@Earl said in Property Market:

@tiger05premier said in Property Market:

My misses doesn’t work so I got a loan in her name for the shares and she gets the dividends throughout the year and a tax return from franking credits of 4.5k a year

We (the wife and I) have bought a bunch of shares. If anyone wants to know what to buy you buy the index because it’s simple and it works. If you don’t trust a random dude on the Internet do your research but Warren Buffet and Jack Bogle will tell you the exact same thing. Anyway this year I’ve had to pay additional tax due to the increase in income from being paid dividends.

I’m hoping to retire in the next 5 years.

I have shares in about 18 individual companies

Absolutely love the share market and the opportunities the volatility offers

Most dividends should have 30% franking credits attached meaning if you pay 40% tax you should only have to pay an extra 10% to cover your dividends

I buy VGS (all world share-market) which doesn’t have franking benefits but I also own VAS (top 200 ASX) and CBA (they’ve given me free shares because I work there) which do have franking benefits. I also buy some bond funds (VAF and VGB) mainly for when I initially retire and draw down.

Is that Vanguard?

They are one I’m looking at buying in the next crash

I have a big list of shares and funds I’m going to go through and decide which are the best opportunity when the next crash happens

Yep. I only buy Vanguard indexes. I think there are other options but Vanguard is pretty good.

Its so much easier than picking shares plus most punters (and professionals) under perform the index.

@Earl said in Property Market:

@tiger05premier said in Property Market:

@Earl said in Property Market:

@tiger05premier said in Property Market:

@Earl said in Property Market:

@tiger05premier said in Property Market:

My misses doesn’t work so I got a loan in her name for the shares and she gets the dividends throughout the year and a tax return from franking credits of 4.5k a year

We (the wife and I) have bought a bunch of shares. If anyone wants to know what to buy you buy the index because it’s simple and it works. If you don’t trust a random dude on the Internet do your research but Warren Buffet and Jack Bogle will tell you the exact same thing. Anyway this year I’ve had to pay additional tax due to the increase in income from being paid dividends.

I’m hoping to retire in the next 5 years.

I have shares in about 18 individual companies

Absolutely love the share market and the opportunities the volatility offers

Most dividends should have 30% franking credits attached meaning if you pay 40% tax you should only have to pay an extra 10% to cover your dividends

I buy VGS (all world share-market) which doesn’t have franking benefits but I also own VAS (top 200 ASX) and CBA (they’ve given me free shares because I work there) which do have franking benefits. I also buy some bond funds (VAF and VGB) mainly for when I initially retire and draw down.

Is that Vanguard?

They are one I’m looking at buying in the next crash

I have a big list of shares and funds I’m going to go through and decide which are the best opportunity when the next crash happens

Yep. I only buy Vanguard indexes. I think there are other options but Vanguard is pretty good.

Its so much easier than picking shares plus most punters (and professionals) under perform the index.

Betashares and WAM do similar and are apparently pretty good

They cover most indexes? (Is that what they call them)

Asian and Nasdaq etc

posted in General Discussion read more

@Earl said in Property Market:

@tiger05premier said in Property Market:

@Earl said in Property Market:

@tiger05premier said in Property Market:

My misses doesn’t work so I got a loan in her name for the shares and she gets the dividends throughout the year and a tax return from franking credits of 4.5k a year

We (the wife and I) have bought a bunch of shares. If anyone wants to know what to buy you buy the index because it’s simple and it works. If you don’t trust a random dude on the Internet do your research but Warren Buffet and Jack Bogle will tell you the exact same thing. Anyway this year I’ve had to pay additional tax due to the increase in income from being paid dividends.

I’m hoping to retire in the next 5 years.

I have shares in about 18 individual companies

Absolutely love the share market and the opportunities the volatility offers

Most dividends should have 30% franking credits attached meaning if you pay 40% tax you should only have to pay an extra 10% to cover your dividends

I buy VGS (all world share-market) which doesn’t have franking benefits but I also own VAS (top 200 ASX) and CBA (they’ve given me free shares because I work there) which do have franking benefits. I also buy some bond funds (VAF and VGB) mainly for when I initially retire and draw down.

Is that Vanguard?

They are one I’m looking at buying in the next crash

I have a big list of shares and funds I’m going to go through and decide which are the best opportunity when the next crash happens

posted in General Discussion read more

@Cultured_Bogan said in Property Market:

@tiger05premier said in Property Market:

Bought my house in 1998 for 107k

Paid it off in 2008

Knocked it down in 2011

Built a new house on the land which was completed in April 2012

Had offset account set up and enough in it to not pay any interest by 2018

Than put an 8m by 4m in ground pool in and a 9m by 7m triple garage over looking the pool with a pool table table tennis gym basketball hoop bar stereo fridge for parties and family fun

Built the offset account up again to not pay interest anymore but leave loan open so if the market crashes I have money to buy shares

I have been buying shares since 2005

In 2018 my eldest son and I bought a block of land and built 2 new properties which gives us 2 lots depreciation and the properties are positive geared . After tax done for the year we come out with just under $100 per cash each from them which is good

My misses doesn’t work so I got a loan in her name for the shares and she gets the dividends throughout the year and a tax return from franking credits of 4.5k a year

Want to one day do heaps of travelling so setting myself up for that

Jesus… Well in mate.

I love the share market

It’s my son who got me into property

He wanted to go halves with me to get a start

He had a deposit and I used equity and that got us out of mortgage insurance and the rest we borrowed

My son sends me messages daily on houses that we should look at buying

But you can only buy so much

posted in General Discussion read more

@Earl said in Property Market:

@tiger05premier said in Property Market:

My misses doesn’t work so I got a loan in her name for the shares and she gets the dividends throughout the year and a tax return from franking credits of 4.5k a year

We (the wife and I) have bought a bunch of shares. If anyone wants to know what to buy you buy the index because it’s simple and it works. If you don’t trust a random dude on the Internet do your research but Warren Buffet and Jack Bogle will tell you the exact same thing. Anyway this year I’ve had to pay additional tax due to the increase in income from being paid dividends.

I’m hoping to retire in the next 5 years.

I have shares in about 18 individual companies

Absolutely love the share market and the opportunities the volatility offers

Most dividends should have 30% franking credits attached meaning if you pay 40% tax you should only have to pay an extra 10% to cover your dividends

posted in General Discussion read more

@Demps said in Property Market:

@tiger05premier said in Property Market:

@Demps said in Property Market:

@tiger05premier said in Property Market:

Bought my house in 1998 for 107k

Paid it off in 2008

Knocked it down in 2011

Built a new house on the land which was completed in April 2012

Had offset account set up and enough in it to not pay any interest by 2018

Than put an 8m by 4m in ground pool in and a 9m by 7m triple garage over looking the pool with a pool table table tennis gym basketball hoop bar stereo fridge for parties and family fun

Built the offset account up again to not pay interest anymore but leave loan open so if the market crashes I have money to buy shares

I have been buying shares since 2005

In 2018 my eldest son and I bought a block of land and built 2 new properties which gives us 2 lots depreciation and the properties are positive geared . After tax done for the year we come out with just under $100 per cash each from them which is good

My misses doesn’t work so I got a loan in her name for the shares and she gets the dividends throughout the year and a tax return from franking credits of 4.5k a year

Want to one day do heaps of travelling so setting myself up for that

Ballin

??

https://www.urbandictionary.com/define.php?term=ballin

Been driving for 30yrs and only ever owned 3 cars

On my 3rd now

Spend nothing on clothes each year as they come from birthday and Xmas presents

Just spend on lifesyle and investments

posted in General Discussion read more

@Demps said in Property Market:

@tiger05premier said in Property Market:

Bought my house in 1998 for 107k

Paid it off in 2008

Knocked it down in 2011

Built a new house on the land which was completed in April 2012

Had offset account set up and enough in it to not pay any interest by 2018

Than put an 8m by 4m in ground pool in and a 9m by 7m triple garage over looking the pool with a pool table table tennis gym basketball hoop bar stereo fridge for parties and family fun

Built the offset account up again to not pay interest anymore but leave loan open so if the market crashes I have money to buy shares

I have been buying shares since 2005

In 2018 my eldest son and I bought a block of land and built 2 new properties which gives us 2 lots depreciation and the properties are positive geared . After tax done for the year we come out with just under $100 per cash each from them which is good

My misses doesn’t work so I got a loan in her name for the shares and she gets the dividends throughout the year and a tax return from franking credits of 4.5k a year

Want to one day do heaps of travelling so setting myself up for that

Ballin

??

posted in General Discussion read more

Bought my house in 1998 for 107k

Paid it off in 2008

Knocked it down in 2011

Built a new house on the land which was completed in April 2012

Had offset account set up and enough in it to not pay any interest by 2018

Than put an 8m by 4m in ground pool in and a 9m by 7m triple garage over looking the pool with a pool table table tennis gym basketball hoop bar stereo fridge for parties and family fun

Built the offset account up again to not pay interest anymore but leave loan open so if the market crashes I have money to buy shares

I have been buying shares since 2005

In 2018 my eldest son and I bought a block of land and built 2 new properties which gives us 2 lots depreciation and the properties are positive geared . After tax done for the year we come out with just under $100 per cash each from them which is good

My misses doesn’t work so I got a loan in her name for the shares and she gets the dividends throughout the year and a tax return from franking credits of 4.5k a year

Want to one day do heaps of travelling so setting myself up for that

posted in National Rugby League read more

@THE_POM said in Adam Doueihi:

@tiger05premier said in Adam Doueihi:

@THE_POM said in Adam Doueihi:

@Jimmy said in Adam Doueihi:

@THE_POM said in Adam Doueihi:

As of this moment Doueihi has not signed with anyone.
Last ditch discussions are being held currently between Tigers & Rabbits this afternoon.
Attempting to get this deal over the line. If a deal isn’t agreed to now it won’t be.

Any news on our boy the fox would it be comprised if we sign AD?

That hasn’t progressed at all really. Needs to get his manager issue sorted before accepting or even being offered an official deal otherwise any payment will go to his old manager.

Do you believe we are a good chance of signing JAC?

Honestly no.

Cheers

Oh well still have heaps of faith in where Madge and Pascoe are taking the club

I think Madge will be around for a very long and successful time

posted in National Rugby League read more

@THE_POM said in Adam Doueihi:

@Jimmy said in Adam Doueihi:

@THE_POM said in Adam Doueihi:

As of this moment Doueihi has not signed with anyone.
Last ditch discussions are being held currently between Tigers & Rabbits this afternoon.
Attempting to get this deal over the line. If a deal isn’t agreed to now it won’t be.

Any news on our boy the fox would it be comprised if we sign AD?

That hasn’t progressed at all really. Needs to get his manager issue sorted before accepting or even being offered an official deal otherwise any payment will go to his old manager.

Do you believe we are a good chance of signing JAC?

posted in Contracts read more

@Jedi_Tiger said in Signing Suggestions & Rumours:

the reason why Douhie family is filthy as it was a done deal saturday and everyone expected the good old tigers to roll over and pay souths whatever they wanted for a release. Then is didnt go the way they wanted and tigers dug heels in aroundnmain and it is tantrum throwing time. see ya matey no big loss guys

Maybe he should ring Brad Arthur