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How are you spending your stimulus?

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shaunQ

Joined
14 October 2008
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So from next week the single income and school kids payments are going out. The next month is the tax-payers payments. Personally I'll be getting a few thousand all up and I will be trading a good percentage in the market. Thats just me - but I can imagine they'll be several thousand other people with similar ideas - so you'd think that could possibly bring at least a short-term boost to the market?

What will you be doing with your stimulus, or stimuli? The market? Home loan? Holiday? Plasma? Under the mattress?
 
Re: How are you spending your stimulus

According to my friend, since I was a full time student as of tax time last year, I am eligible for two payments (one as taxpayer one as student).

Does anyone know if this is the case?
 
Re: How are you spending your stimulus

  • $50 bottle single malt scotch (cheap)
  • $400 into my compulsory super...so i get some of the co contribution (like a double whammy)
  • $500 into the share market...or credit card (undecided)
 
Re: How are you spending your stimulus

Mine will be spent on an eclectic mix- all good for the economy.
1. A dirty weekend away with the missed
2. Towards a picket fence.

Here's one that is going to get me shot: Morally we are obliged to spend the money in the real economy rather than pay down debt or invest on the stocks
 
Re: How are you spending your stimulus

Shut-up liar.

This is a MAMMOTH home run for WALL STREET BANKERS


Plays right into the bears hands? You total distortionist!

"Everybody sees through this package." - Wall St Cramer

Maybe some see through you?
 
Re: How are you spending your stimulus

Might go into my super fund, have no need for anything else. I've never had free money from any government before.
 
Re: How are you spending your stimulus

Bill M said:
Might go into my super fund, have no need for anything else. I've never had free money from any government before.
Click to expand...

Free money what about negative gearing, write-offs, GST ?
 
Re: How are you spending your stimulus

Bill M said:
I've had a few of those this year, I might have to wait 15 years to use them though.
Click to expand...

Not having a go mate. But there are too many performance enhancing substances coming onto many governments markets ATM! If you know what I mean!
 
Re: How are you spending your stimulus

I just thought of something I need. Just to please ol Ruddy (and my missus) I might buy a PVR. I'm still using and old VHS video recorder so might get all techy and buy one of those.
 
Re: How are you spending your stimulus

Our microwave oven could do with a replacement, I've seen some combinations ones going for $800 so the tax payment should cover it
 
Re: How are you spending your stimulus

Stimuli for me; multiple payments. I shall be saving the bulk of it, but perhaps I'll spoil myself by buying a cheap fishing rod.
 
Re: How are you spending your stimulus

straight into my trading account, which is offshore...good work Rudd
 
Re: How are you spending your stimulus

Spend in on my holiday in Thailand so as not to give our taxes straight back to private corporations.

And i'll just save the money i already have that i was going to spend in Thailand.

I dont agree with it, encouraging people to spend it is essentially just giving taxpayer funds to private companies and business'. But i'll take it, perhaps buy a new pair of jeans here in Aus
 
Re: How are you spending your stimulus

Sinner, if you receive Youth Allowance you will get it as a full time student, otherwise not.
Mine will go straight into the offset account against the mortgage of our IP. Not in spending mode at the moment.
 
Re: How are you spending your stimulus

I will most likely be spending my entitlement on pr0n.

(the top shelf stuff)

lol
 
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