dobrákáva

If you know your topic, it'll be reflected in what you post, not your bio.

[dobrákáva @neverparrot]

@angelojello74 Should people at the gym roll dumbbells across the floor instead of lifting them up and down?

This is exercise, and getting it while doing something constructive is a smart use of time.

[dobrákáva @neverparrot]

@omarsar0 That's like an antelope in the Sahara telling God that he appreciates the rain, but either make it predictable or don't rain.

Adaptability is the key skill in life.

[dobrákáva @neverparrot]

@ProGolfCritic Twilight makes it hard to see who just called you a flog to get them removed.

[dobrákáva @neverparrot]

@roberthorrocks @mikjcal That, and also the whittling effects of inflation and lumps sum tax rates.

Agree, "discount" is a bad word. Whereas it markets investing for the longer term, it makes it a target by wage earners who don't like not getting a discount.

[dobrákáva @neverparrot]

@Argenpoirot @Pirata1716601 That's what all crims say. They hate that it makes it harder to get away with.

[dobrákáva @neverparrot]

@LukeyTrags That's because we have to create businesses in order to get deductions to reduce the bloody tax we pay.

[dobrákáva @neverparrot]

@David_McMahon75 @DrunkAt12 btw, I'm not for indexation - I just think it's a broken system - similar to shorting where losses can be theoretically infinite - but there forced coverings, margin calls and short squeezes usually step in to save the day.

[dobrákáva @neverparrot]

@David_McMahon75 @DrunkAt12 Of course it's to offset a real gain (even said that in my OP), but offsets are powerful.

So gov. would limit it to loss to the purchase price, but as you know, that's not the true loss.

And what if CPI was negative - would gov. limit taxable gain as well? No way.

[dobrákáva @neverparrot]

@David_McMahon75 @DrunkAt12 Loss registered when sold, of course.

The cost base will be $180 when sold after 20 years of 3%.

Sold for $1.

$179 loss? $99 loss? $100 loss?

[dobrákáva @neverparrot]

@DrunkAt12 @David_McMahon75 It has to work that way. Otherwise if it became worth $1, just sit on it and let indexation increase your loss far beyond $99. The most valuable $1 in the world.

When you have a gain to wipe out, sell enough shares to wipe it out, and keep on accruing loss with the rest.

[dobrákáva @neverparrot]

@ZaraTaban @EricLDaugh Football refers to American football, rugby football, Australian football, Rugby league football, gaelic football... and Association football.

Soccer refers to... Association football.

There is no right, especially when it's hosted in two countries that call it soccer.

[dobrákáva @neverparrot]

@LivingTricks_ As engineer, we just say "9, 4" before the pen ink starts flowing.

[dobrákáva @neverparrot]

@toy59496 Go for it then. It's in C (not even C++), but it doesn't really matter anymore vibing - Claude miraculously handled complicated changes. I just recommend building and running on WSL if you're on Windows; the native Windows build environment is painful.

[dobrákáva @neverparrot]

@toy59496 Now I've been coding for 40 years and understand accounting, trading, crypto and tax law well. I don't want to make it sound like it's easy without that background, but there will be lots of me's vibe coding publicly available competition to Xero.

[dobrákáva @neverparrot]

@toy59496 Fair call on Xero. I hated it from the start, mainly because it dumbed accounting down and I just couldn't do the things I wanted. Just give me a solid double entry ledger and the power the customise.

[dobrákáva @neverparrot]

@toy59496 And then finally, propery analysis - vibed python scripts to access my data directly, running hypotheticals, Monte Carlo sims, bringing in TA and fundamentals. Should I dispose before next year,...

[dobrákáva @neverparrot]

@toy59496 But Sharesight-like things I've vibed are checking my email for contract notes and dividend/DRP statements to automatically write the ledger. No more manual corrections in Sharesight when it guesses dividends/franking/primary prod/foreign income/... now I match the ATO records!

[dobrákáva @neverparrot]

@Pubtest14 I bet the Indian cultural awareness doesn't teach credential verification, scam & delegation detection,...

The great thing about AI is there is no cultural bullshit and Indians are using it anyway, so the middle man is easily cut out.