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Greetings from Sydney's Northwest

Discussion in 'Introductions' started by JudgeDreadz, 25th Mar, 2009.

  1. JudgeDreadz

    JudgeDreadz Well-Known Member

    Joined:
    25th Mar, 2009
    Posts:
    109
    Location:
    Sydney
    Hey guys. I stumbled upon your site when I was looking for a tax brackets calculator on excel. Glad to be here.

    In terms of experience, I am an uber n00b. I would like to start drip feedings some capital into the stock market while also acquiring my first property (somewhere in lower north shore i hope) which I will owner occupy.

    Later in the year I am looking to launch a blog which will host a self-designed comic strip and soundtrack. Depending on the popularity of the blog I willl aim to earn some passive income through GoogleAds or similar program.

    If anyone could recommend parts of the forum that would be particularly useful, that would be appreciated. Thanks
     
    Last edited by a moderator: 25th Mar, 2009
  2. pcj821

    pcj821 Member

    Joined:
    18th Nov, 2008
    Posts:
    17
    Location:
    Newcastle, NSW
    Welcome to the site.

    There is so much good information here that I would recommend taking a look at all of it. More specifically though if you're thinking of making money through stocks, property or the Internet you should always consider doing it as a business (Which I'm sure you are doing).

    Therefore I recommend you look through the accounting and tax section of the forum and learn about the various company & trust structures. These structures can save you a lot of money through tax minimisation, as well as provide you with asset protection. By setting up the right structure at the start you will grow much quicker and benefit greatly in the future.

    Cheers,
    Paul
     
    Last edited by a moderator: 25th Mar, 2009
  3. JudgeDreadz

    JudgeDreadz Well-Known Member

    Joined:
    25th Mar, 2009
    Posts:
    109
    Location:
    Sydney
    Hi Paul

    Actually, I did not even consider running my investment as a business. Thanks for the tip!
     
  4. Jacque

    Jacque Team InvestEd

    Joined:
    16th Jun, 2005
    Posts:
    1,885
    Location:
    Sydney
    Hi Judge

    Nice part of the world you come from- I like it too :)
    Which suburb are you in?
     
  5. JudgeDreadz

    JudgeDreadz Well-Known Member

    Joined:
    25th Mar, 2009
    Posts:
    109
    Location:
    Sydney
    bella vista. you hail from there as well?
     
  6. Jacque

    Jacque Team InvestEd

    Joined:
    16th Jun, 2005
    Posts:
    1,885
    Location:
    Sydney
    Hi Judge

    Now in Kenthurst but know BV and the Hills very well. Also lived in Baulkham Hills and BV before moving here. Hasn't BV grown up over the last decade?!
     
  7. JudgeDreadz

    JudgeDreadz Well-Known Member

    Joined:
    25th Mar, 2009
    Posts:
    109
    Location:
    Sydney
    Tell me about it. my folks were one of the first houses on the street in the mid 90's. now everyone wants a freaking piece ;)