Health Professional with a passion for personal finance. Self taught Wrong often Always learning Views are my own
Joined July 2021
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InTheFlow retweeted
The Australian government just proposed sweeping changes to the capital gains tax system.
The policy was pitched as a way to improve housing affordability for young Australians.
But after running the numbers, @_Checkmatey_ found the changes may actually make it harder for young Aussies to build wealth, save for a deposit, and climb the asset ladder.
Watch the full breakdown here:
youtube.com/watch?v=I--Bdt_5…
Has the AUD10YR made the first higher low in 40years? significantly higher rates can be the trigger to slow the exuberant housing market which has been up only for GenX and Millennials
Much pain in markets and specifically Bitcoin can be avoided simply by adopting a low time preference
Cycle not over and even if it is…’bear market’ will look very different to previous (shorter and shallower) IMO
BTC still treated as risk asset by majority of market participants…will be interesting to see what happens when it flips to a risk off asset within the next decade
176,000 TRUE BLUE, GRREAT WHITE SHARK, SURFING DINGO, MEAT PIE EATING, AFL LOVING AUSTRALIAN PACIFIC PESO DOLLARS
per bitcoin
When I have time to think, it blows my mind that BTC is still undervalued relative to its TAM.....we have so much higher to go. Not tomorrow....but with patience
InTheFlow retweeted
The next 4–5 years may be the best window to build wealth, before what Cyclically could well be a difficult decade ahead.
seeing these big names go on national television and promote crypto is still wigging me out....anyone else feel the same?