Recent content by sydbod

Ouch ... that was a bit below the belt. Yes I had read from start to finish this whole thread. Thank you for praising me as "the font of all knowledge", but I believe you are giving me way too much praise here. The reason I posted my previous post was to highlight that using the old super...

Gentlemen (woops and ladies) this discussion is nonsensical as there are changes already put in place to change the landscape of superannuation. we all already know that the income /assets test changes will be different at the start of 2017.... yep less than 1.5 years away. if one wants to talk...

Whooo there ... I never said that. I also never said that a person in the outback that may only have a house valued at $50,000 is not greatly disadvantaged compared to a person with no house. One can pick circumstances that will disadvantage one or the other as one chooses. The point I am...

Owning your home does impact on the pension. To get the pension one has to pass an assets value test. The assets test for a home owner is significantly lower than the assets test for a non home owner. Have a look at the bottom of this link...

Ahhhhh!!!! those were the days. Top income tax bracket at 60% (and at a fairly low threshold level at that) Interest rates at 18% at one stage. My mortgage repayments went from 8% up to 16% over a 2 year period....... talk about my asss hanging out, trying to keep up with that. I can...

I think the "based on the last in first out method" used by the Tax Department will give you the answer you desire. So long as you "buy 1000 ANZ" and then "sell 1000 ANZ (vertical option spread where both legs have expired ITM)" in that time order on day 30, I believe you should be OK...

If my tax interpretation is correct then one has 2 conflicting situations. (please do your own check to confirm if this is still current) 1) Franking credits are available to Australian tax residents. No Franking credits available to NON Australian tax residents. 2) Capital Gains Tax (on...

There is much information about this topic on the Australian tax sites. It is never just one clear cut rule, but a number of rules in combination that determines ones Tax resident status. EG: one can stay overseas for 5 continuous years, and if in that period one does not establish an...

Hi ottg, Fourier analysis is just a mathematical way of breaking down a repetitive waveform into its harmonic components ...... ie: breaking down a repetitive but well defined shaped waveform into a multitude of sinusoidal waves that are odd and even multiples of the repetition of that...

You could be correct, but so far (for me) this strategy has been working very well. Give it another about 3 quarters (when the blood is in the streets) then it should be time to buy again. Likewise, as they say ..... "don't fight the market" .... just lead it a little bit.

One can always use the hybrid approach. Pick an index, eg: ASX20 and just strip out of it those sectors that one knows will be flops in the foreseeable future eg: mining and energy. You just strip out WPL,RIO,ORG,BHP and purchase the remaining 16 shares. Doing this gives you a high...

Re: Share Market behaviour- Oil price It may be worth looking at the impact this will have on the Australian LNG industry. This was supposed to be the saviour for the Australian resources boom. It was supposed to be the saviour for the government budget also. It is looking like many if not...

I do not plan to get involved in "my numbers are better than your numbers". What I am espousing is based on very rough numbers that reflect reports from various business sites that I read and thus should be taken as a crude distillation of how I see the American economy. I was putting forward...

Are you sure? Let us break up the American workforce into 2 groups. Group1 (those working in the shale oil industry): These are the ones that have almost 100% accounted for the increase in the American workforce. It is becoming clear that these highly paid workers $30 and higher per hour...

Currently, the only economy that is doing well happens to be that of the USA. The growth in employment as well as disposable income happened mainly in the American shale oil industry. That industry will now slowly get crushed. Expect unemployment in America to increase. Expect spending in...