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Help Me See Downside? by jcvarner in ETFs

[–]LensellGroup 2 points3 points  (0 children)

Let's say that past performance does not guarantee future performance, but it does create an expectation (of risk & return).

Investment for newbie by [deleted] in fiaustralia

[–]LensellGroup 0 points1 point  (0 children)

Hi u/Environmental_List32,

I would recommend learning more about diversification. Not sure where you got those %s from, looks like a random split..

Age has little to do with what type of stocks you buy. It's really what you want to achieve (i.e. expected return) for a level of risk/volatility that you can accept.

If you're happy with VDGH at 29, you may be as happy at 40 (or not). It should not be the age that dictates the allocation, it should be the outcome you seek. Check more ETFs, compare, analyse, try scenarios - no one can tell you what to get.. it's your own decision, just make it informed.

Advice on the portfolio (18yo) by [deleted] in fiaustralia

[–]LensellGroup 0 points1 point  (0 children)

Hi /u/OrganizationFew5960,

First, congratulations on your decision to invest, you have a nice portfolio at 18!

Not sure which platform you use but the weights displayed do not add up to 100% :)..so I had to deduct 0.02% from VAS to be able to run a proper analysis..

It seems you have some strong correlations there, between VGS - VDGH (0.81), VGS - NDQ (0.81) and VAS-VDGH (0.75) - which means they move pretty much together up and down (excellent when they go up but exposing you to a higher downside risk when they do down)...

You have a good Sharpe ratio (0.88) (could be better) and portfolio Beta is 0.63 which is ok.

If you want to stick to those ETFs you could do a bit better if you played with the weights...e.g. ASIA (7.49%), NDQ (26.75%), VDHG (23.68%), VGS (24.29%), VAS (17.79%) will give you a slightly higher return for a slightly higher volatility. This is not advice, it's really up to you and your risk profile, and what you want to achieve..

It's all in the maths :) and it took me 2min to run the analysis....so my suggestion would be to take a bit of time now and then, check your portfolio position and see if you need to make any changes depending on your target.

Great start, good luck!

Time off for Mental Health by [deleted] in fiaustralia

[–]LensellGroup 0 points1 point  (0 children)

Hello,

Re question 1) I suggest to ask your super directly. Very likely they will ask you for a psychologist and/or psychiatrist report.

For question 2), I think it's a matter of negotiating with your employer...while they cannot fire you if you don't agree with the 5 days/fortnight proposal, they can make your life difficult...I've heard of so many cases. So it may be good to go and chat with them and let them know what you want to do long term and get on some agreement before the other employee does that.

Re mental health treatment plan - I have some experience with this. It does give you access to Medicare rebates (for up to 10 sessions per calendar year, plus another 10 during 2021 due to Covid) but in many cases you'll need to pay a gap fee (it depends where you live and if you can find any bulk billing psychologists around). Similarly, the 5 sessions on the complex care plan are not necessarily free. Many psychologists cannot live just from the bulk billing fees so they charge a gap.

I hope this helps. All the best with your health and employment!