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  1. luce.rocks

    End of an Era

    Noooo! Is this what it feels like when your parents tell you they're getting divorced?
  2. luce.rocks

    Instant hot water system question.

    The sensor - that's the magical part I wanted to know about. Thanks AJB! Now googling flow sensors and how they work :)
  3. luce.rocks

    Allowing existing tenant to sublease.

    Thanks Perp and Nick.
  4. luce.rocks

    Instant hot water system question.

    How does a gas instant hot water system know when I turn on the hot water? What's the feedback loop from the tap to the water system? How does it know I want hot water, not cold water? I've googled a bunch of 'how does a gas hot water system work' type questions but all results seem to give...
  5. luce.rocks

    Allowing existing tenant to sublease.

    Interesting. I'd never heard of that before. Save me googling - any ideas if it's the same in NSW?
  6. luce.rocks

    Ways to minimise tax bill this year

    Good idea MIW. I'll check with the tenant and see if anything needs fixing.
  7. luce.rocks

    What economic group did you grow up in?

    I don't even think we were in the class system at the beginning of my life. 0-2 we lived in an unfinished hippy shack (proper roof but a few tarpaulin walls), no power, grew our own veggies, baked bread, bathed in the river (or showered using a bucket with holes), traded stuff with neighbours...
  8. luce.rocks

    Ways to minimise tax bill this year

    Thanks for the replies guys. And thanks for the offers of specialist tax advice, lol. I've obviously misunderstood the prepaying interest concept. My loan is variable. I thought there was some magical thing the banks did to come up with a number. I don't want to fix my loan, so I guess I...
  9. luce.rocks

    Seen any great movies lately

    I'll give Whiplash a vote too.
  10. luce.rocks

    Ways to minimise tax bill this year

    Hi folks, This is the first time I've had to think about minimising my tax bill (yay?). I'd love some help pointing me in the right direction for good, legal, ways to reduce my tax. Key points: - CGT event this year made about $200k capital gain - I'll get most of the 50% CGT reduction...
  11. luce.rocks

    How to make 100k in your spare time.

    Looking forward to following this thread and hearing about your success! :)
  12. luce.rocks

    See Change and Richard Feynman . let's hype the sydney market thread .

    Sorry to hear about your difficult times Macca. Wishing you lots of luck for a great prices on both properties, and good luck in the new job.
  13. luce.rocks

    Boglehead/Vanguard way to retire

    Sorry if this doesn't relate closely enough to the theme of the thread, but would any of you consider buying indexes through a forex broker rather than a managed fund, as a way to reduce management fees?
  14. luce.rocks

    $250k burning a hole in my pocket.

    Hey Dex, you probably can't kick the tenant out. There are a few rent controlled places around town with old folks that you can't kick out til they die. Looks like it might have a damp problem too? Plus, the city is trying really hard to crack down on airbnb. I mean, they won't be able to stop...
  15. luce.rocks

    How Much Do You pay for Conveyancing

    I pay $2000, give or take, depending on how many searches etc., to our conveyancer and she's worth every cent.
  16. luce.rocks

    $250k burning a hole in my pocket.

    Thanks everyone. Hubby won't need any of this money prop up his businesses. His expenses will be very small to start with and his family will guarantee any loans he needs further down the track. This money is all mine to play with :) I don't mind having a longer investment timeframe if...
  17. luce.rocks

    $250k burning a hole in my pocket.

    Hi Mark. My husband suggested angel investing too, maybe I'll look into it. I've also been looking at some cheap resi units here in Barcelona with good returns. Hubby reckons that if I put 50% as deposit and put the equivalent of the other 50% in a TD with a local bank, they'll use the TD as a...
  18. luce.rocks

    $250k burning a hole in my pocket.

    Hi Graemsay (and Terry, who also asked about time frames), I don't have any short term plans. Once we have some steady cash flow from the businesses my husband is working on, I might considering using it as a deposit for more investment properties, or a small development, either here or in...
  19. luce.rocks

    $250k burning a hole in my pocket.

    I should add, I'm happy to look at overseas markets, managed funds, etc.. Anything really. Or pay for advice, so long as it's not coming from someone who's getting paid to sell me products.
  20. luce.rocks

    $250k burning a hole in my pocket.

    Sash, what do you think about the talk at the moment of the ASX being overbought? (I hope that's the right term - I've really only just started following this stuff)
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