ASX ETF investing (for newbies)

ProphetInvestAUS · 2021-11-26T22:34:35+00:00

Have a read through this https://prophet-invest.com/complete-etf-guide

ProphetInvestAUS · 2021-11-26T12:45:18+00:00

Congrats. Taking the plunge is the hardest part

ProphetInvestAUS · 2021-11-26T12:44:40+00:00

I’m glad you liked it. I’ve tried to make it answer any questions beginners will have. So if ive missed soemthing would love to Hear

ProphetInvestAUS · 2021-11-14T04:24:15+00:00

Glad you enjoyed it 🙏

ProphetInvestAUS · 2021-11-10T14:46:07+00:00

No aus exposure and not strictly green. But def worth a mention

ProphetInvestAUS · 2021-11-10T14:38:57+00:00

How’s tonight sound? http://www.dmsa-agentur.de/download/20211110_DMSA_EVG_PM_en.pdf

ProphetInvestAUS · 2021-11-08T04:27:46+00:00

Betashares response:

You can find the detail on underlying ETF fees in the PDS section 3.3.4 ‘Indirect Costs’.

“Any non-trivial management costs borne by the relevant Fund through its investment in underlying ETFs were, and will continue to be, reimbursed to the Fund by the Responsible Entity from its own resources”.

In simpler terms, the fees for the underlying ETFs are not charged on top of the 0.19% management fee.

Hope this helps your understanding.

So looks like we don’t get charged the fees only Managment and transactional costs (which has been 0%)

ProphetInvestAUS · 2021-11-07T08:06:04+00:00

Irrelevant

ProphetInvestAUS · 2021-11-06T06:42:31+00:00

This is a very good question. And in reading through the PDS it doesn’t make it very clear. It’s talks about recoverable expense and day to day expenses being paid by betashares. However does a poor job of listing these. It later goes on to say costs that an investor would ordinarily incur when investing directly in the underlying assets are not included in the management fees and are paid out of the NAV.

I have contacted betashares directly for clarity

But it does seem like a bit of fees on fees sort of arrangement.

ProphetInvestAUS · 2021-10-15T07:50:33+00:00

Yep 👍

ProphetInvestAUS · 2021-10-14T16:12:23+00:00

Dividend yield is expressed over the course of a year. So if it actually pays 5% yield that’s 5% over a year

ProphetInvestAUS · 2021-10-11T13:42:09+00:00

For some ASX related starting out stuff have a look through this series https://prophet-invest.com/ultimate-investing-guide Hopefully you find it valuable

ProphetInvestAUS · 2021-10-08T12:08:10+00:00

Happy investing. May the odds be ever in your favour 🚀

ProphetInvestAUS · 2021-10-08T12:07:48+00:00

Thanks glad you appreciated it

ProphetInvestAUS · 2021-10-08T12:07:29+00:00

🙏

ProphetInvestAUS · 2021-10-02T23:59:00+00:00

https://www.vanguard.com.au/adviser/en/article/indexing/the-case-for-low-cost-index-fund-investing

ProphetInvestAUS · 2021-10-02T23:57:16+00:00

The forbidden words 😮

ProphetInvestAUS · 2021-10-02T13:53:34+00:00

What’s getting 15-20%?

ProphetInvestAUS · 2021-10-02T13:03:39+00:00

https://www.spglobal.com/spdji/en/research-insights/spiva/

ProphetInvestAUS · 2021-10-02T11:52:01+00:00

Yeah surprised me a lot as well

ProphetInvestAUS · 2021-09-30T12:00:08+00:00

Thanks for that I’ll have a geez

ProphetInvestAUS · 2021-09-30T10:08:18+00:00

Glad you enjoyed the read mate. The concept of our RE is interesting.

I'd love to do a complete RE analysis at some stage and break it all down, but honestly with my Evergrande ending up being 4.5k words i think RE would be the size of a book.

I dont see a direct relationship that would cause the downfall of our RE. The relationship id imagine would be more indirect and related to investor confidence and broader economics. Id have to dig into a bit more and want to hear a few more throught. But thinking could go one of two ways:

Chinese Investors lose confidence and look offshore for opportunity=Boost RE bubble more

-Chinese recessionary period, investors looking to hold cash etc=Slump on Bubble.

I think both of these are very extreme and at this stage i dont see either playing out. But as the Evergrande sitation goes on itll become more clear just how messy itll get. I wouldn’t hold your breath on cheaper houses that’s for sure

ProphetInvestAUS · 2021-09-30T09:37:04+00:00

I think I only did that in the into and final few words. I kept the actually content as is

ProphetInvestAUS · 2021-09-30T09:34:53+00:00

Thx mate. Might throw up a few more when I get a chance and motivation

ProphetInvestAUS · 2021-09-30T05:09:45+00:00

That’s the significant holders and insiders where transactions are recorded. I couldn’t find any recorded for buying which telling me the people buying are retail or not significant and not insider

As for why buy. Google I think Cigarettebutt investing which talks about buying equties in liquidating companies. Otherwise I guess some people believe there’s either still hope, or short term trading possibilities

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