People you'd like to punch

The people who want something from me this late on a Friday when I should be drinking my 5th beer and am yet to start my first - although there are a few on ice as we speak

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Ted the Kiwi said..

The people who want something from me this late on a Friday when I should be drinking my 5th beer and am yet to start my first - although there are a few on ice as we speak

Ted let her have some fun first

I wish that was the case Mac. Work 95% done first beer cracked. Game on.

people you would like to 'punch'. my you long boarders are an aggro bunch

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thePup said..

Joe Toad Hockey ..... punch in the snout for suggesting the retirement age is raised the fat carnt

Absolutely!! Self employed my whole life, paid in ****loads of super, which is now worth three fifths of f-all and he says I have to wait till I'm 66 to get back some of what I've given them. Now wants to make it older! F*#k off.
Give him one for me Pup.

I

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MickPC said..

Really? You have to wait for a government decided age before you can cash in your own Super. That sux...I have ****all in my fund too, would'nt last a few years. My plans...Investing all my money in spending a bit more on Real Estate, then selling & renting & hoping I die before the money runs out lol...either that or farking off to somewhere less expensive to live, which is pretty much anywhere considering I live in WA...But yeah, I was wondering when the Abbott governemnt would start softening us up for farking up essential services like health care. Abbott was health minister when lil Johnny was still around & was keen to scrap medicare way back then. Julia Gillard did a great job keeping him in check. I agree something needs to be done to help balance the budget, but I'd prefer they considered looking at ministerial concessions first...farkers

Yes, it's a bad situation for boomers, we're a monster creaping towards them and the only answer they have is to continually move the goal post further and further away from us. I was one of those foolish enough to believe that if I, like my father before me, worked hard all my life and paid my taxes, then I would be rewarded with a pension that would allow me to, at the very least, keep a roof over my head and feed myself. That looks increasingly unlikely as I edge close to retirement.

I'm one of the fortunate ones because I do have my property to fall back on and I can always downsize, and I have considered property other than my abode but the numbers never seem to stack up all that well. In so many respects, you're relying on the capital gain as your nest egg, or the negative gearing on your tax, both have problems, firstly, while the general trend of property will almost alway be upwards, it's a gamble in the short to medium term that it will be enough to offset the initial capital outlay and/or ongoing servicing of a loan. Secondly, how do we know that the gov won't change the property tax laws again so that any negative gearing will be useless.

If I look directly at just the rental income from a property, assuming I was able to buy it outright, it does not seem to stack up in terms of returns when you consider all the ongoing costs of upkeep and management fees, assuming you employ a managing agent. You could save that management fee and do it your self, but tenants can be sh!ts of the highest order, I know, because I deal with them every day.

The situation could be worse if I borrowed in order to buy the investment property, because after I had done all the work to secure and maintain the property, I would have the additional burden of servicing a loan, I doubted that my return would have even been as much as a saving account interest rate, and every day I would be looking at the property market and having heart palpitations every time I saw that the market was flat or even downwards.

If you're over 60 and not employed full time, you're entitled to all of your super, this can them be placed in a managed retirement fund with varying degrees of risk, admittedly, if you choose a very low risk package, your returns will also be low, and regardless of the risk level, it will always be affected by market fluctuations, but then, so is your super. the thing i like about the funds is that each month you will get an income, however modest, and that income is essentially tax free, regardless of how much you earn, if you can manage to find another job at that age.

I'm tipping that the gov will probably get the poops with this and decide to change it again becaus they've already changed it once when they discovered that all these CEOs on 10mil a year were taking early retirement and dumping all their super and spare cash into these managed funds to avoid paying tax in retirement.

Like I said, they just keep moving the goal posts.

BTW, it does not seem to matter who's in government, they all want us to drop our pants, bend over, and take it like a man.

Hey Mick ..... how about we invest in a superbus , pack all our ****e up , start the trek around the coast road southwards along to the great southern road pick up the Greenroom crew one by one - make our way up to God's country ..... and build the Greenroom Surf Commune somewhere in Nth NSW in an undisclosed frothing zone .... we have Lacey as our builder and if we can find that 62Mac well we have beds , Brother Farm Guru Asea will provide our meat & veg (and and and and that many groupie chicks it's insane) .... by the time I'm 108yo crusty demon fossil maybe my super will be good to go ..... geez


Late Edit: Advertisement>>>>> Frother for hire .... interested parties must be Eastern State based near God's Backyard

OBCT I'm involved in health care & I often say I hope I have the same level of care once I reach my elder years. Coz although we hear complaints of the cost of caring for our elders, this cost will escalate as you say. It does concern me greatly...I can only hope the numbers stack up favourably in regard to selling & downsizing to a smaller rental coz I won't have anything else to fall back on & my spiritual belief is I can only count on having 1 life to make the most of...so personally I'll make the most of each day without expecting or counting on those farkers to look after me & hope that will be enough for a roof over my head & some food to survive on...but it really does piss me off when I see so much money wasted, especially on things like investigating political BS with public money that does nothing more than boost their own political standing. We need to have an inquiry into administration costs...not to mention shires, which cost us far too much money given the technology we have today to govern our estates.

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chrispy said...
The fraud at the bike shop if his idea of customer service does not improve

Circumstances have changed. This bike shop are top blokes. Sales and warranty systems are now top notch

Stand up paddle-boarders !

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skull said..
Stand up paddle-boarders !

Punch him in the skull .... skull

so much anger in so many.

pray for them father weiry

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thePup said..

Pray for them geez lacey Weirsy is an unrepentant beer guzzling bike posting sinner

i know that pastor pup

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laceys lane said..

so much anger in so many.

pray for them father weiry

No Fark you lot grrrrrrrrr

and a punch in the head to every one of you who think your going to live longer the the new retierment age

and a punch in the head to the new guy who said the word Stand up paddle board.










fark look what you made me do, now i have to punch myself