Started my Tax return todayI am claiming for personal Superannuation contributions. Instead of it being automatic, as most things tax related are, I had to ask the tax office for an "Intent to claim personal superannuation contributions" form. Fill it in then post it to my... See More »
I do not have health insurance but pay a penalty of about $1000 at tax timeMy whole life I have received free medical care/treatment except to purchase dentures. I have Ambulance cover @ $60/year, because here there is only one service which is a private company. An ambulance, uninsured, cost $1006 no matter the distance.... See More »
Without an adequate retirement nest egg I often wonder how my dotage will play out.Early life decisions have seen me without my own home and have me renting my whole life. Currently the average rent in Perth for an apartment is $450 a week. My rent is $225 a week. So I am doing okay on that front. The problem arises when the... See More »
I have a small sum of money in a Superannuation accountBelow six figures. In my drinking days I prioritised alcohol over all else and twice cashed in my Superannuation. It was much easier 30 years ago. Coming out of my almost 3 decade drunken stupor I had no assets to my name. It has only been the last 5... See More »
How do you invest your money?I have always shied away from the stock market. Remembering the crashes over the years. Many seniors lost thousands of dollars just as they were about to retire. Today I invested a 6 figure amount into a term deposit at 4.25% for 5 months.
Is cash on the way out?This morning, looking for a coffee, the first two places would not take cash so I went elsewhere. Last week I went to a coffee shop at 1.50pm on a Friday. The person behind the counter informed me they close at 2pm. I went elsewhere. That place also... See More »
Looking for advice regarding SuperannuationI am rather financially illiterate so when it comes to knowing what to do for retirement money I am at a loss. I have a question. Is it better to put extra money into super or keep a moderate bank balance? Last year I made a voluntary after tax... See More »
Do you own any shares? (both)I bought Hills Shares in December 2007 @ $5.40 at a cost of $2,500. By December 2008 they were $2.98 December 2010, $2.00 December 2014, $1.20 December 2016, $0.38 December 2018, $0.20 Today, My shares are valued at $0.18. $83.38
