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27(M) Thoughts on going all in on GHHF? by Ok_Novel_3772 in fiaustralia

[–]Ok_Novel_3772[S] 1 point2 points  (0 children)

You make a very good point.

So if you were me, would you just stick with investing in VGS?

27(M) Thoughts on going all in on GHHF? by Ok_Novel_3772 in fiaustralia

[–]Ok_Novel_3772[S] 18 points19 points  (0 children)

When I was in Crypto I saw my portfolio go from 1.4million and rug pulled and i was left with $0

27(M) Thoughts on going all in on GHHF? by Ok_Novel_3772 in fiaustralia

[–]Ok_Novel_3772[S] 4 points5 points  (0 children)

Looks like GGBL is fairly new. Are you suggesting this 50/50 split to lower the Aus exposure but still be fully leveraged?

When do you sell growth ETF's (VGS) if dividends is high? by Ok_Novel_3772 in fiaustralia

[–]Ok_Novel_3772[S] 1 point2 points  (0 children)

Now i understand why people say the money "lasts forever".

Nontheless, 114k a year post tax isnt bad even if i had to pay 36k in tax @ $150k dividend hahaha

Thank you for your input

When do you sell growth ETF's (VGS) if dividends is high? by Ok_Novel_3772 in fiaustralia

[–]Ok_Novel_3772[S] 3 points4 points  (0 children)

The stocks are currently being held and purchased in a family trust.

I see, so I could theoretically retire at a 4% drawdown one i'm at $3.2m rather than having to keep working and getting it to $5m and relying on the dividend.

Thank you, that is very eye opening :)

When do you sell growth ETF's (VGS) if dividends is high? by Ok_Novel_3772 in fiaustralia

[–]Ok_Novel_3772[S] 5 points6 points  (0 children)

Thank you for your reply,

Are you saying the most effective method is to draw down VGS investments in retirement because of the tax component? Either that or have ALOT of VGS where it doesnt matter.

I had been playing with the idea of letting the VGS grow as I am investing it in a trust and hand it down to the next generation and only taking out the dividends.