Your savings account is losing to your mortgage.
Cash in an offset is a guaranteed after-tax return at your home-loan rate.
Cash in a savings account is not. Same dollars. Different job.
Where’s yours sitting tonight? Offset, or the account that’s quietly losing you money?
@ModernDayInves Stop arguing about diversification. Ask him one thing:
What price would you sell $TSLA at?
No answer means it was never a position. It's an identity.
Nobody sells an identity, They defend it all the way down.
@RBAInfo A hold or a hike only hurts if you’re still on the rate your bank hopes you forgot.
If your variable starts with a 6, you’re funding someone else’s discount, get on the phone.
@timoassi That sucks mate! It's even worse when you don't get the feedback to work out why and what you can do to improve or meet their requirements. I hope you get there next time :)
Market down? Don't panic!
Markets are down as geopolitical tensions, Oil near US$95, rising bond yields and pressure on expensive tech stocks drive a broad repricing of risk.
$QQQ is down 1.27%, $SPY 0.69%, while $NVDA , $ASML and solana:CWr8CzC1gCz7KhDMSUAjathCoSyVE7MxauNT75Bimoon also retreat.
@Australia is still growing, with GDP up 2.1% year over year.
Volatility isn’t permanent damage. Review your time horizon, diversification and fundamentals before making emotional decisions.
Don’t panic,
Craig📉📈
@itsbullionaire_ Yep, the amount of people I try to get into investing and they find every excuse not to, simply because it was never taught to them and was always "too risky" or "gambling".
Investing might as well be printing money. Everyone should do it 😏
@patato_ass I love the idea of having physical gold but only so I can have it stacked as big bricks in a safe behind a picture on the wall...but I don't think that's happening anytime soon 😂
@KieranT1000 Risk before reward - have the core of your investments in $VOO or similar and the allocate 5-10% to high conviction stocks or in your case $BTC - that way if it tanks it doesn't kill your whole portfolio.