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    40 y/o,House paid off,What would you do in my situation to grow wealth?

    @sophie0813 I took into account contributions.
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    40 y/o,House paid off,What would you do in my situation to grow wealth?

    @sophie0813 2% (ish). I’m happy though. I’m managed to grow my balance by 24% since 2019 pre covid levels.
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    40 y/o,House paid off,What would you do in my situation to grow wealth?

    @lochie Most people put 25-30% of their take home pay towards their mortgage. A good idea is to now put 20% of your take home pay to super and other investments.
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    US CPI 7.1% YoY vs 7.3% expected, 0.1% MoM vs 0.3% expected

    @polygon If it’s the bottom it’s not a soft landing… it’s not even a landing.
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    Hike slowdown coming: Market still expecting 50bps for October, but slowing to 25bps in Nov and Dec

    @bip I’ve actually been saying big hikes until Christmas period where they give people reprieve. Then after Christmas they say “inflation is still lingering, back to more rate hikes”. Where I could go wrong, is that we crash before Christmas. Otherwise I think I’m on the money.
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    Crippling student debt is a thing in Australia too, like the US and unlike the rest of the civilised world (e.g. Europe)

    @tony101 I believe it was Bob Hawke who said that if people are going to go to uni and live a comfortable life from their education, then it’s not right that the working class should subsidize that. (Paraphrased) but something to that effect.
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    Hey r/AusFinance, what are your thoughts of the government extending road tolls to all highways in Australia? E.g. Parramatta Rd, Hume Highway etc

    @hjb There’s no shortfall, fuel excise doesn’t go exclusively to roads. That’s why we have tolls.
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    We Have a Problem!

    @jaceew79 Bullish for housing?
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