Baron

@88888sAccount The next thing Albo is going to take from us is the ability to put cannons on a AI hottie

she hit the jackpot in the kospi etf and loaded the (70%) proceeds into some cannons

@madulloisright @complex_maths @purplepingers Yes

@blockbaron69 @complex_maths @purplepingers you're quote retweeting to your twitter fans and I'm the one making a scene?

Same rental before vs after budget night

@madulloisright @complex_maths @purplepingers Seems to be a bit of an issue… you’re making a scene

@blockbaron69 @complex_maths @purplepingers Not an issue for me. I have two negatively geared properties. Gen Z. lol

@complex_maths @purplepingers No, I’m saying this particular landlord and still negatively gear this propadeee

@blockbaron69 @purplepingers They can negatively gearing income from other assets, yes. So dividends etc can be offset with losses, but landlords have more control over rental returns - especially given the current crisis.

Propadeeee retards in shambles

@madulloisright @complex_maths @purplepingers Chill out retard… you’re the one levered in to a negatively yielding asset

@blockbaron69 @complex_maths @purplepingers Genuinely none of you idiot voters underatand how the economy works. Granted, you didnt have to. But the government does, in fact, they're professionals. They really fucked you all over and they knew they were. Keep voting labour. xx

@madulloisright @JJDayGlo @complex_maths @purplepingers Maybe prices will drop too, good way to get a house positively geared quickly.

@JJDayGlo @blockbaron69 @complex_maths @purplepingers increase. So lets say I get a tenant in now, next year rolls through and the sense decides that all landlords regardless of tone of purchase won't have access to negative gearing. Then I'm screwed because I have a tenant in for c12 months, I cannot evict, I can't raise

@complex_maths @purplepingers this land lord can still negatively gear…

@purplepingers With negative gearing abolished, immigration still high and vacancy rates at 1% or below, landlords will simply just hike rents until properties are positively geared again.

@larpcapitalwc @KILLTOPARTY Girls don’t like boys, girls like cars and money.

@KILLTOPARTY Men women aren’t attracted to have to be asexual eunuch work horses

You hate your husband and you married him to exploit his resources 🥂

@Versace_Trader @disco___cat AAAHHHHH

@disco___cat yassss, rape investment, that'll help your avg worker. Also continue to pump immigration to keep their wages down.... and dont cut income tax (dont tell me moving the bracket by 1k/yr is a cut)

Well done Labor, finally a slight rebalancing of the tax system away from wealth. 👏

@AvidCommentator Emily’s hot… she’ll find a rich husband

This is Emily (hypothetical). She is 22 years old and works part time at a supermarket while at uni, she is very frugal and puts most of her pay into index fund ETF's. When she sells those she will be slugged at 30% minimum capital gains tax, despite being a low income earner.

Propaddeeee

@pragma_null @plebcapital A rational analysis of the facts would tell you rental yields across the country are disgustingly low for the risk of property…

@plebcapital Seriously a rational analysis of facts will tell you the change will not change the housing issue. Rental yields are very healthy to support leverage, except for Sydney maybe.

I mean seriously… these people are taking highly leveraged bets concentrated on single assets.

@larpcapitalwc Did you break the other one?

I don’t have LinkedIn or Facebook so its hard to find a photo of me online Would it be weird to unprompted send my new Sales trader a photo of myself so he knows what he is dealing with ?

@ComradeFat Yields can also rise if prices drop…

If negative gearing is removed, individuals will no longer be able to invest in residential property. It will have to be via institutional property owning trusts. Yields will have to be be 5-6% for this to be viable meaning rents will have to rise & quality of housing diminish.

@ryu_tay Why would it? Any property purchased after the budget only gets a year of NG.

The weirdest reform really, so you essentially still encourage money to flow into investment properties from other asset classes 🤷🏻‍♂️💩🤡

@RJCorrigan @Amarillo1942237 Mate you didn’t need to freeze it to see that the ball hit the ground first

@Amarillo1942237 Yeah I already said I didn’t bother to freeze frame it, only watched it over and over. I speculated maybe it hadn’t touched the ground but this shows it did. Like I said great idea and yes it proved to be a fantastic kick

Excellent idea, except the ball doesn’t touch the ground before his foot kicks, so not actually a drop out. Should have been Raiders ball - and yes, I’m a Raiders fan but actually watch the ball… And before you say “it’s close enough” that’s not the actual #NRL rule is it? 🤔

@larpcapitalwc If you’re ugly but have good chat, avoid loud bars

you always want to be playing where you have edge, for example if you are a tall guy dont date short women etc

@GeoffWilsonWAM @BrentHodgson I love Victorian’s giving unsolicited economic opinions… they are in such an amazing fiscal position, who wouldn’t want to listen to them. Keep up the good fight, Geoff.

Thanks Brent for the compliments. As suggested to them I borrowed the pic from one of our fellow journey men. If you have time or the inclination have a read of our Senate submissions then you can get your facts right. We are suggesting make the changes on CGT revenue neutral and encourage investment in productive assets and increase the tax on non productive assets. Ps feel free to call me Geoff wilsonassetmanagement.com.au/wp-content/upl…

I would have assumed someone doing asset management would have a better handle on demography and economics than this... Perhaps his viewpoints are informed by the same AI engines doing his graphic design work? The data shows “Aspirational young Australians” Wilson seeks to invoke are increasingly priced out of CGT-producing asset classes by the rapid rise of cost-of-living (predominantly housing-related) expenses. It also shows share of housing held by investors is 10% higher now than pre-CGT discount. And it shows an increasing cycle of investment assets flowing from those in their 80’s to those in their 50’s - not “aspirational young Australians”. So Wilson’s argument is effectively that a discount that flows 54% to the top 1% must be preserved to protect people who - in large part - don’t yet hold the assets to benefit from it AND whose difficulty acquire those assets is partly a downstream consequence of the regime he’s defending. (These very “aspirational young Australians” subsequently carry a higher burden of income tax to fund this capital gains tax discount for others - further slowing their ability to fund CGT-producing assets, and speaking to the inequality driver here.) tldr: young Australians don’t benefit from paying for tax discounts for assets they don’t own Either “aspirational young Australians” is thinly-veiled code for “the top 1%” investor base he works with, or Wilson has a (ahem) unique and creative perspective on the economics that the data simply doesn’t support.

@larpcapitalwc My second wife isn’t born yet

Advice for dudes in their late 20s is to only date women <25 A woman in her late 20s is seeing the door shrinking and will settle, you dont want to be someones back up plan