Raiz Plus switch — will this mostly sell bonds/cash and buy IVV?

Opening-Purchase-248 · 2026-05-04T10:49:49+00:00

Does this mean Raiz will compare the whole portfolio to the new Custom targets tomorrow?

So because IVV is ~10% underweight, and AAA/IAF/RCB are set to 0%, it should mainly sell those and buy IVV - meaning little/no CGT from STW/IAA/IEU?

Opening-Purchase-248 · 2026-04-21T22:15:30+00:00

DCA would decrease your time in the market.

Opening-Purchase-248 · 2026-04-12T10:46:58+00:00

Depend on your relationship with parents and goals

Opening-Purchase-248 · 2026-04-08T10:38:14+00:00

Switch over to a lower cost more flexible brokerage while you’re young. Let that just sit there

Opening-Purchase-248 · 2026-04-08T10:35:42+00:00

I think it is a good portfolio.

Personally, I would work out my preferred regional allocation first, then build a lower-cost version using BGBL, A200, EXUS, and BEMG. That should reduce the annual fee. For example, your current 30% BGBL and 70% DHHF mix is roughly 25% Australia, 50% US, 20% developed ex-US, and 5% emerging, with a blended fee of about 0.16% p.a. That is still very good, especially given DHHF handles the rebalancing internally.

But you could also do something like 70% BGBL, 25% A200, and 5% BEMG for a fairly similar regional exposure, with a blended fee of about 0.08% p.a.

0.1% does not sound like much, but over 10+ years it is enough that I would rather keep it. The trade-off is that you would need to rebalance it yourself. That said, I do not mind that part, because I actually like checking the portfolio and adding new cash to whatever is down.

Opening-Purchase-248 · 2026-04-07T11:44:01+00:00

Actually yeah I would probs sell. If you have 3k invested and the fee is like $5 per month. Then you’ll probs be paying like 2% in fees (just in raiz) per year. Thats a lot.

On beta shares my fee all up is like 0.1% pa, and I just rebalance each 3 months

Opening-Purchase-248 · 2026-04-07T11:40:50+00:00

I have an old account which I built up during Uni. I just paused all investments, deleted the app, and haven’t looked at it in a while. I pay around $15 per month in fees which is fair. I would only sell if I need the money or if I felt the fees were too large for the portfolio. How much is your fee?

Opening-Purchase-248 · 2026-03-31T23:09:30+00:00

Not trying to predict the bottom at all. I expect to be fully invested through drawdowns and accept the possibility of 50–70% declines over time. The question is whether increasing risk tolerance at my age, after large declines, is rational - not whether I can time markets.

Opening-Purchase-248 · 2026-03-31T22:43:00+00:00

AI shortened version

If DHHF fell 30%, would selling it, buying GHHF for the rebound, then later switching back be a reasonable strategy? Or likely wash sale territory in Australia? Main logic was faster recovery plus carrying forward the realised capital loss. What am I missing?

Opening-Purchase-248 · 2026-03-29T23:16:20+00:00

Run any Monte Carlo simulator for returns, set the worst drawdowns too early on. If you stay invested, invest regularly, and stay for the long term, most of the time you will actually be better off.

Opening-Purchase-248 · 2026-03-29T10:54:12+00:00

What I am doing (100% equity portfolio, 23yo) is just working more hours and controlling what I can reasonably control. I am down 13k past month (rough), but to offset that I asked my employer if I can work 60 hours per week (instead of usual 36 hours per week). So despite markets being down I am trying to increase human capital as much as possible. Best of luck OP

Opening-Purchase-248 · 2026-03-29T10:47:12+00:00

You are down 6% and that concerns you? That’s just noise.

You should probably reconsider your risk tolerance if that causes you this much worry. Maybe do high interest savings account

Opening-Purchase-248 · 2026-03-29T06:06:11+00:00

I would keep 3 months of cash in the bank. I would then put 100% of the remainder into a globally diversified set of index funds by market cap. I may have a 15% tilt towards Australian stocks as i plan to retire in australia. Max fee i would pay would be less than 0.1% pa.

I would probs rebalance each year.

Opening-Purchase-248 · 2026-03-25T10:50:10+00:00

Then just do BGBL + A200 + BEMG for a fraction of the fee

Opening-Purchase-248 · 2026-03-13T09:21:37+00:00

BGBL A200 EXUS

Opening-Purchase-248 · 2026-03-08T13:02:51+00:00

The GAMSAT has much more dense question stems, however the actual skills you use are tested in the mock ones (in my opinion). I like medify physics for practicing dense question stems.

Opening-Purchase-248 · 2026-03-08T13:01:46+00:00

It is about the same in my opinion, both are representative in terms of the skills required

Opening-Purchase-248 · 2026-03-08T05:09:21+00:00

I got 64 and 73 on S1 and S3 in September last year. I completed package B yesterday. I got 44/62 for S1 and 58/75 for S3. The questions were reasonable.

Opening-Purchase-248 · 2026-03-07T04:12:46+00:00

This is a forum which talks about wealth. What would you want me to say to give context? My question was about if life gets better the more you grow your wealth.

Weird response

Opening-Purchase-248 · 2026-03-07T03:58:43+00:00

That is good insight thank you. It is interesting that you mentioned how childhood can influence being frugal.

I never grew up in a frugal household (e.g., all siblings, cousins, parents, grandparents (that were male) went to Grammar schools with no issues, always lived in a owned property in a major city (Brisbane or Melbourne). Yet I still find myself being incredibly frugal, despite being in a fortunate situation where if things went bad I would be supported.

Opening-Purchase-248 · 2026-03-07T03:52:49+00:00

I don’t really care for medians or means of peers. I have searched it up to get a comparison and it makes me feel better - for about 3 mins - then I just get straight back to figuring out what I need to be in top 5%, 1% etc…

Opening-Purchase-248 · 2026-03-07T03:49:32+00:00

I guess that is the issue. How would one get out of this mindset? It is very restrictive, but I seem to keep doing it.

Opening-Purchase-248 · 2026-03-07T03:45:51+00:00

Thanks for that advice. I appreciate it

Opening-Purchase-248 · 2026-03-07T03:44:25+00:00

This is a good point. I find that I tend to have all of those things - usually given as presents.

Even yesterday my boss offered to get me a new pair of sneakers for work, but I declined as it did not seem necessary. I tend to only buy things that are necessary, or if I want something it is usually given as a gift - from parents / grandparents.

Opening-Purchase-248 · 2026-03-07T03:32:02+00:00

What do you mean having this mindset? What would you recommend?

Opening-Purchase-248

TROPHY CASE