What does Money Mean to You?

[money tree]

Income protection and total permanent disability insurance are allowable deductions from Super. Instead of paying these costs out of 48.5% post tax income, they should be paid out of 15% post tax income via Super.

 

[bullmarket]

It looks to me we are digressing away from Julia's original intentions for this thread.

Money tree: the point I was making in my earlier post is that with planning and taking appropriate steps, one can largely mitigate or even eliminate the effects of the potential worst case scenario you painted before.

bullmarket

 

[money tree]

The topic is "what does money mean to you?" so unless we start talking about footy, we are on topic.

"with planning and taking appropriate steps, one can largely mitigate or even eliminate the effects of the potential worst case scenario you painted before"

one can. But will one? With people like tech/a telling people advisors are scum and crap blah blah blah......one wont.

 

[Julia]

My intention when starting this thread was an interest in members' philosophy about money and its importance or otherwise in their lives.

I had hoped it wouldn't get snagged up in yet another round of sniping about personalities.

Julia

 

[bullmarket]

Hi Julia

My intention when starting this thread was an interest in members' philosophy about money and its importance or otherwise in their lives.

I had hoped it wouldn't get snagged up in yet another round of sniping about personalities.

Julia

That's what I thought when I posted I thought we were digressing from your original intentions earlier.

I posted in tech's 'poll' thread that I saw both tech and money tree making total fools of themselves by the way they carried on in here. It looks like money tree wants to go on with it (judging by his earlier post) but I'm not going to bite and will just continue to call things as I see them and not get involved in any childish, petty games money tree might be playing.

Don't let them get to you Julia and keep those thought provoking threads coming

Going for a wander to see what's happening in other threads

regards

bullmarket

 

[nizar]

moneytree thx for the advice and examples..

u had some good points in there....got me thinking...

cheers

 

[It's Snake Pliskin]

I enjoy Moneytree`s examples.

I feel he has a right to defend himself if one want`s to attack him. If it`s good for one it`s good for all. Importantly, don`t resist his posts, you may learn something.

Maybe we should start a new forum on moneytree`s ideas, tax minimisation, positive cashflow etc. Moneytree would you be into that?

 

[visual]

Snake,
from what I understand Julia thread is about what money means to you,not how to make it,or how to save it or whatever.....
go back and look at her example and you`ll understand

Money tree and tech should just open their own threads if they want to sell something be their own products or expertise.

 

[Happy]

I always say that I can do voluntary work full time.

Providing I’ll get place to live in, car every now and then, petrol when needed, number of mod coms including toilet paper, shampoo, digital TV, DVD, computer.
Food, free holiday now and then, some entertainment, maybe night out once or twice a month.

And when time to retire, all of the above without the need for voluntary work.

Funny, but when I say that, people walk away as if I don’t make sense.

 

[Happy]

Looks like I missed the subject too.

OK, I can work for 1 dollar a year, providing ….(see above)

 

[bullmarket]

Hi snake

I enjoy Moneytree`s examples.

I feel he has a right to defend himself if one want`s to attack him. If it`s good for one it`s good for all. Importantly, don`t resist his posts, you may learn something.

Maybe we should start a new forum on moneytree`s ideas, tax minimisation, positive cashflow etc. Moneytree would you be into that?

Money tree's example was probably valid, although I won't be spending time verifying his number crunching. I just simply posted subsequent replies giving an example of how one can largely mitigate the negative affects of tree's worst case scenario in one post and saying in another that I thought we were digressing from Julia's original intention for this thread.

Money tree then replied saying we weren't digressing (and he's entitled to his opnion) and then in the same post he went off on a tangent taking an extract from my earlier post, agreeing with it and then using it to take what I see as cowardly cheap shot at tech/a from behind a nic using the extract from my post as the excuse. My perception of money tree is that he's the type of person that is not happy unless he is blueing with someone and has trouble coping with people who don't share the same views as him. That's fine, but sad imo for him. I gave my views on both tech/a and money tree in tech's 'poll' thread. Nothing has changed for me and I'll just continue to call things as I see them

Money tree, like everyone else, has the option to be constructive rather than abusive when refuting any attacks but he doesn't seem to be taking that option from what I see.

cheers

bullmarket

 

[Julia]

My thanks to Bullmarket and Visual. You are both right - the thread was not supposed to be about tax minimisation or any other money making ideas.
They are immensely useful and interesting, but deserve their own thread probably under "Trading Strategies". The earlier part of this thread contained several thoughtful insights from members regarding their philosophy about the role of money.

Moneytree: may I respectfully suggest that if you want to keep bagging Tech-A you confine it to the thread which is dedicated to the squabble between the two of you, so that your irritation with him does not intrude on what to many of the rest of us is an interesting and thought-provoking discussion. Thanks.

Julia

 

[It's Snake Pliskin]

Hi Bullmarket,

My post was not directed at anyone in particular.

I agree with what you say. I just pointed out that he may have a case as Tech was always at him. (Enough said by me)

Would money really matter if we all understood our existence for what it really is?
Look at the universe, and then think, are we unique? Or are we just here to work for money?

 

[carpets]

Dont bother asking a uni student about money, because they dont have any...

 

[money tree]

Some of you need to get off your high horse, seriously.

Julia:

1. I did not bag tech/a.
2. If you wanted philosophical responses, perhaps you should have been more specific.
3. You started the thread discussing yield, if you didnt want yield brought up you shouldnt have started.
4. The topic is "what does money mean to you".....a very broad question. You even asked for a more broad discussion on topics discussed in the other thread. I have no problem with you putting in a later post saying "what I meant was philosophy of money" but dont blame me for the way I interpreted your topic.

bullmarket:

1. your perception is yours. Is there a need to share it?
2. you accuse me of being childish and playing games. please provide evidence supporting this view or be silent.

nizar and snake:

thanks. if only there were more like you who appreciate those who take the time to share their experience. Instead this forum seems to be full of ungrateful whiners who dont say a word when you post something good......post something even slightly bad and they all jump on the bandwagon and bitch about how hard they have it. oh, you poor buggers. tell you what, hows about Joe gives you a full refund? oh thats right.....you dont pay!!!

 

[Jay-684]

Dont bother asking a uni student about money, because they dont have any...

Some of us do...

I dont understand people who say "I have no money, I'm a uni student", unless of course they live out of home, in which case I understand.

A full time course of 40 credit points a semester is on average about 12-18 hours of uni a week. That leaves alot of time to not only finish those assignments but also to get a job.

I'm currently in my 3rd year of uni - I'm 21, and thus far have managed to work 3 days (or approx. 21-28 hours a week) with an annual income from my employment of approx. $15,000 a year after tax. Money is easy to earn if you want it and are willing to do any job to get it.

It all comes down to time management, ambition and actively making the choice to earn money.

 

[bullmarket]

Hi Snake

No problem I was just clarifying the reasons for my views.

At least you agreed with me, so I'm not the only one. I agree with you in that Money tree most probably means well, but to me at least, comes across as having trouble coping with differing views and reacts in a way that makes him look bad imo.....maybe I just have a thicker skin than most

Anyway, as I said in tech's 'poll' thread, there are much more important things going on in the world atm to worry about rather than the petty squabbling between 2 childish posters (money tree and tech/a) who can't seem to get along and so I'll just continue to call things as I see them.

cheers and see you in the soup

bullmarket

 

[money tree]

OK so here is my philosophy on money:

1. it does not make you happy
2. the more you have, the less happy you are
3. you never have enough
4. nothing starts more arguments
5. its hard to aquire and too easy to lose
6. the people who worry about it 24/7 and have every thought dictated by money motives are not truly alive
7. those who make public statements about charity are usually the tightwads who give nothing. true charity is anonymous
8. those who make the most effort to appear rich are the ones who are struggling.
9. those who have it and wish to keep it dont flaunt it.
10. those who dont have it, dont really care

 

[visual]

money tree no wonder you and tech dont get along you are both silly judgemental and full of yourselves,

but if only you both had the manners to respect the spirit of the threads it would be ok
instead you go off on a tandem ,spare me

 

[It's Snake Pliskin]

money tree no wonder you and tech dont get along you are both silly judgemental and full of yourselves,

but if only you both had the manners to respect the spirit of the threads it would be ok
instead you go off on a tandem ,spare me

So what are you doing? Talking about philosophy? No you are continuing the spat with MT.

Julia sorry if I`m not talking about the philosophy of money here, but just pointing something out to Visual.