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Alls good in the end.
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JERRY2KONE
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Alls good in the end. - 01.13.2011, 08:36 PM

Yea thats my thinking on this to. In the end as people keep getting burned by MA and the markets opens up with more and more options, MA will eventually suffer for the lack of concern for customer support, service, and providing a good quality product. Not to mention false advertising in trying to project an image that their Lipos are so much better than everyone elses. What we know now will sooner or later trickle into the open for everyone to sift through and realize what a waste of money it was investing in their products. At least they will never be able to say that they had no idea that what they were doing was such a bad thing. This thread is a testiment to their sins and an obvious chance for them to repent and fix the problem, and yet they ignored it thinking that they could just keep getting away with poor marketing practices that mirror so many scams seen in our hobby today.


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Kcaz25
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01.13.2011, 10:39 PM

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Originally Posted by lincpimp View Post
Not that big of a deal huh...

And BTW, they burnt more than a few of us.

And everyone loves to beat a dead orse, especially here. Where have you been? If you check the number of builds is kinda low on the forum compared to a few years ago. So we have to have something to do, and beating up on MA is kinda fun in a SM kinda way...

As for the crawler guys liking MA packs, just commenting on what I have seen. Maybe they got wise and started buying the better stuff that HC sell.
I've seen all the threads. I know its not new. My post is in response to all the mega long threads. You are right I suppose there is not much to do. This is a sad thought, thinking that brushless doesn't have that underground devious feel anymore. It was such a thrill to show up at a track with a "flashlight" and hear "my T-Maxx goes 80mph" that E-Maxx prolly can't do 20!" Backflip Jaw drop. And I'm just talking about V3 release time really. I know alot of you guys were around before the mmm and lipo. When brushless was like really underground and exotic. Now all the RTRs are BL and easy. Not much is left uncharted.

Maybe this MA thing will get somewhere.
   
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01.14.2011, 12:12 AM

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Originally Posted by Kcaz25 View Post
I've seen all the threads. I know its not new. My post is in response to all the mega long threads. You are right I suppose there is not much to do. This is a sad thought, thinking that brushless doesn't have that underground devious feel anymore. It was such a thrill to show up at a track with a "flashlight" and hear "my T-Maxx goes 80mph" that E-Maxx prolly can't do 20!" Backflip Jaw drop. And I'm just talking about V3 release time really. I know alot of you guys were around before the mmm and lipo. When brushless was like really underground and exotic. Now all the RTRs are BL and easy. Not much is left uncharted.

Maybe this MA thing will get somewhere.
There is still plenty of uncharted BL stuff. Like 1/5 scale for example. Mot much going there save for the baja and the newest CC stuff. Anything else and you get to make your own. Bring a converted 4x4 5th scaler that does 60mph to your track and really watch some jaws drop...
   
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Kcaz25
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01.14.2011, 12:45 AM

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Originally Posted by lincpimp View Post
There is still plenty of uncharted BL stuff. Like 1/5 scale for example. Mot much going there save for the baja and the newest CC stuff. Anything else and you get to make your own. Bring a converted 4x4 5th scaler that does 60mph to your track and really watch some jaws drop...
True that. I am loving the 1/5 scale BL stuff that is going on around the forums.
   
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What's_nitro?
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01.13.2011, 01:48 AM

And a couple Maxx build threads.....
   
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01.13.2011, 02:46 PM

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And a couple Maxx build threads.....
You know thats right....!! I should have quit years ago and got a Mugen or Losi 8t. lol
   
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01.13.2011, 01:49 PM

Need to add in state taxes and property taxes which I'm guessing are higher in the USA.
   
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01.13.2011, 04:57 PM

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Need to add in state taxes and property taxes which I'm guessing are higher in the USA.
There's more;

-Australian employers are required to make compulsory minimum 9% superannuation payments based on a 38hr week

-Most industry awards require overtime payments (1.5 x hourly pay rate) after 38 hrs worked

-Most industry awards incorporate penalty rates, allowances etc for respective tasks or situations

-Govt income tax rebates calculated on variable criteria

However as BIG-block mentioned cost of living needs to be applied also;

Sydney (for example) is apparently the 17th most expensive city
San Fran is the 95th
NYC is the 33rd

(http://www.xpatulator.com/outside.cfm?page=Locations internet compilation + ranking of 300 international cities)

I know for sure the cost of living will increase sharply in the next few weeks as we pay more for fresh food after the floods. Retailers win - farmers + consumers get screwed


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Finnster
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01.14.2011, 12:00 AM

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Originally Posted by Arct1k View Post
Need to add in state taxes and property taxes which I'm guessing are higher in the USA.
Yeah, I glossed over that as they are quite variable from state to state (eg from 0-10%+ state sales tax, some states no income taxes) and I have no idea is if Oz has VAT taxes, fuel taxes, prop taxes or other such little taxes that rack up. Gets to be bit of a mess.

I do wonder what the overall tax burden would be if you added all that stuff up.

Last edited by Finnster; 01.14.2011 at 12:01 AM.
   
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01.16.2011, 09:56 AM

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Yeah, I glossed over that as they are quite variable from state to state (eg from 0-10%+ state sales tax, some states no income taxes) and I have no idea is if Oz has VAT taxes, fuel taxes, prop taxes or other such little taxes that rack up. Gets to be bit of a mess.

I do wonder what the overall tax burden would be if you added all that stuff up.

Well I get $29/hour for assembling Toyota Camrys all day long. Not what one would call highly skilled labor but you do need certain skills. All in all a good job that doesn't require any education other that being able to speak english. I think it is pretty good. I can afford to make payments on my mortgage (I pay a little extra too) and also enjoy this hobby all on my single income. Not complaining one bit.

I don't pay property tax??? I do pay council rates which are $1200/year. Not sure if that is the same thing???? VAT???? Is that like import tax? If it is then everything bellow AU$1000 coming into the country is free of tax. Fuel is one thing that we get screwed on. We pay lots more for it that you guys in US do. Today I filled up at 134.9 cents and liter. Since a US gallon is 3.78541178 liters then times the 134.9 cents by that and you get $5.10 roughly a gallon of fuel. Just to make it easier for you guys to relate to that. I think that is pretty darn crap. Also food seems to be a lot cheaper in US. I have been looking on the net and seems like there is a fair bit of a price difference there in favor of you guys.
   
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01.16.2011, 05:03 PM

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Well I get $29/hour for assembling Toyota Camrys all day long.
So you're to blame

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VAT???? Is that like import tax?
VAT = Value Added Tax. It's like our GST except our retail pricing structure incorporates the GST & by law it can't be shown separately

For those that don't know, GST = Goods & Services Tax (10%)


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Financial planning
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Financial planning - 01.16.2011, 09:11 PM

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Originally Posted by BIG-block View Post
Well I get $29/hour for assembling Toyota Camrys all day long. Not what one would call highly skilled labor but you do need certain skills. All in all a good job that doesn't require any education other that being able to speak english. I think it is pretty good. I can afford to make payments on my mortgage (I pay a little extra too) and also enjoy this hobby all on my single income. Not complaining one bit.

I don't pay property tax??? I do pay council rates which are $1200/year. Not sure if that is the same thing???? VAT???? Is that like import tax? If it is then everything bellow AU$1000 coming into the country is free of tax. Fuel is one thing that we get screwed on. We pay lots more for it that you guys in US do. Today I filled up at 134.9 cents and liter. Since a US gallon is 3.78541178 liters then times the 134.9 cents by that and you get $5.10 roughly a gallon of fuel. Just to make it easier for you guys to relate to that. I think that is pretty darn crap. Also food seems to be a lot cheaper in US. I have been looking on the net and seems like there is a fair bit of a price difference there in favor of you guys.
Yea I have lieved in many countries and I can assure you that teh USA pays way less for gas than most. Most of Europe has been paying upwards of $5 to even $10 a gallon for gas for quite some time now. Food is somewhat cheaper as well just because of the shear volume of food consumed overall.

Instead of paying extra on your mortgage you may want to think about putting that extra into a savings account just in case you get laid off or the plant shuts down for one reason or another. That would give you something to live off of in case the bottom falls out on you. Auto makers are notorious for paying a lot more than most for labor, because they are making a $hit load of money raping us for the cost of autos in general. We have seen plenty of plants shut all of a sudden without warning, and people get shell shocked when they have to go from making $35 and hour into a normal job making $15 to $20 an hour and cannot afford the level of lifestyle they are used to, because no one else out there is paying anywhere near that amount for an hourly wage. Good for you though, while it lasts.


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01.17.2011, 01:26 AM

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Instead of paying extra on your mortgage you may want to think about putting that extra into a savings account just in case you get laid off or the plant shuts down for one reason or another. That would give you something to live off of in case the bottom falls out on you.
Don't US residential loans offer what we know as 'redraw facilities'?

The redraw allows you to access the extra payments in times of need all the while keeping the interest component down - win/win for the borrower with spare cash


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Arct1k
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01.13.2011, 06:41 PM

Ps this is now a much more interesting thread...
   
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01.17.2011, 09:40 AM

The reason normally for the fees is that the bank has hedged the interest rate risk on the loan for its duration or possibly even sold the interest payments as a derivative to a third party e.g. Pension fund.

When you terminate the loan it creates a significant knock on effect as any interest rate hedge needs to altered and the person who bought the cash flows will no longer get what they expected and hence charge the bank.

It also depends on the mortgage - additional payments can go directly against the mortgage. The bank will always have a preference to pay down unsecured debt first (for obvious reasons) but this should actually align with the your objectives. Unsecured debt is always much more expensive than secured debt.
   
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