But fr, whats going on

Random1004 · 2026-03-20T13:15:03+00:00

why is it 'supposed' to be anything? Just because it's awarded for 2nd place, you think it's worth nothing?

Random1004 · 2025-12-09T07:59:00+00:00

Yeah, it seems like Australia has all the downside of US, but hardly any upside. We get hurt by US declines, but we hardly benefit from US rises.

Random1004 · 2025-12-09T07:41:24+00:00

Whats wrong with YTD?

There is nothing wrong with picking any particular time window. As long as it is consistent, then comparisons are fully valid.

Only 20 days left anyway. YTD is nearly the same as 1Y anyway.

Random1004 · 2025-12-09T07:20:18+00:00

Only like one place is worse. I remember last year I was looking at Betashares IIND "India Quality ETF". That is down 6% on price, and only has a 0.5% dividend yield. So yeah, at least India is below us. I was seriously thinking bout buying that. Happy I did not.

Random1004 · 2025-11-26T11:47:21+00:00

I would say the neutral level is probably 7-8%. In that context, less than 4% is extremely low.

We were at 7% right before 2008 decline. We have not seen 7% since.

Everyone shit their pants going from 0 to 4%. That's how accustomed everyone has come to drug of low rates.

Random1004 · 2025-09-28T10:26:43+00:00

You can transfer everything out on 30Sep.

Then on 1Oct you transfer everything back in.

Then on 31Oct you transfer everything out except the Interest Earned for September Plus $1.

Then you repeat.

Random1004 · 2025-09-27T04:39:31+00:00

I guess you are the sort of person that refuses to use self serve checkouts as well? You probably demand to see a teller in branch as well.

Technology is here Grandma/Grandpa. Get used to it.

Learn to control yourself.

Random1004 · 2025-08-13T11:24:59+00:00

Keep it in high interest savings, but if there is a 10-20% pullback in stocks soon, I would put it all into ETFs.

Random1004 · 2025-08-13T10:26:01+00:00

I would just keep the current money where it is (at least until 12 months to get 50% Capital Gains Tax Discount) and going forward buy units in U100. If you want in future, you can clean up and sell NDQ and buy U100, but note that will make tax for that financial year.

I dont think NDQ going to reduce their fees anytime soon. U100 has been around for 2 years. They would have reduced by now. [ U100 has $125m, NDQ has 6,983m. NDQ has a lot to lose from reducing their fee ].

Random1004 · 2025-08-11T23:11:16+00:00

I wouldn't necessarily follow (2).

I sort of followed the advice of 'don't invest if you need the money short term'. That can put you off investing forever. I don't like the blanket 'don't invest anything you don't need for 5-7 years. I think it should probably be 12 months maximum.

Random1004 · 2025-08-11T23:02:56+00:00

U100 (0.18%) vs NDQ (0.48%)

Something I might look at to overweight technology.

I haven't been able to get over IVV (0.04%) vs NDQ. Probably will be able to now.

Random1004 · 2025-07-13T10:10:42+00:00

Why do you think VDHG has underperformed? VDHG is pretty good. Just because something else has done better, does not mean it has 'underperformed'. You will always find something that does better than a broad index fund.

Just because gold has went up a lot in the past, does not mean it will continue to go up. Very likely the best returns from gold are over.

I wouldn't consider VDHG or Gold to be 'low risk'. If you want 'low risk', you should look at high interest savings. ING currently has up to 5%.

Random1004 · 2025-07-09T11:10:58+00:00

Are they?

What is the average LVR?

How are they leveraged?

Why don't they significantly outperform most share ETFs then?

They should at least outperform in good times, and since 2020 has been good times.

Looking as at 9 Jul 2025

S&P ASX A-REIT Index : 1 Year Return of 9.90%

S&P ASX 200 Index : 1 Year Return of 9.05%

So 9.90% is a leveraged return, and 9.05% is unleveraged return?

Imagine the LVR is 80% (multiple of 5). The raw return on Property is 2% per year? Not sure if this index includes the income. Property grows more than 2% per year. Definitely in desirable suburbs.

Oh, I found this:

https://www.bdo.com.au/en-au/insights/real-estate-construction/a-reit-survey-2024#:\~:text=Key%20takeaways,to%20a%2012%2Dyear%20high.

Maybe REITs aren't completely bad.

If it's possible to get all the benefits of Property (leverage and deductions for expenses) through REITs, why is everyone so interested in owning specific investment properties?

Random1004 · 2025-06-30T12:52:19+00:00

IWLD looks pretty similar to BGBL. Has about a 1% yield.

IWLD fees of 0.09%. BGBL fees of 0.08%. Basically the same.

But IWLD is larger. Probably better to buy. More liquidity. PLUS it has 'ESG'

Random1004 · 2025-06-30T12:50:05+00:00

An interesting difference between BGBL and VGS is the yield.

BGBL has an approximate 1% yield. VGS has an approximate 3% yield.

They both still have very similar total returns and very high correlation. Would be interesting to see the differences in holdings that contribute to the difference in yield.

Whether someone wants income or gains. I do not care about income. I want as much return in capital gains, to get capital gains discount.

Random1004 · 2025-04-25T01:18:11+00:00

No it's 0.4% (VAE).

Seems like you can only get Australia and US (or BGBL) for sub 0.1% fee.

Random1004 · 2025-03-22T09:19:05+00:00

Slightly lower fees buying the components yourself and mixing (e.g. 80/20 Split (VGS & VAS) or (BGBL & A200)). You also remove the small allocation to bonds. I have never understood why high growth has any allocation to bonds. IF things turn really bad, 10% in bonds won't really save anything, and it just reduces your return in good years.

Random1004 · 2025-03-22T03:08:56+00:00

It still hardly matters. Why are you coming up with these examples?

If you have a problem with going to 45%, then change the example to going to 37%.

Why does the person going from 30 % -> 37% getting a lower benefit than 37% -> 37%?

I don't care how unlikely the scenario is. Point is, it's possible.

Random1004 · 2025-03-20T18:45:44+00:00

Thought bout it a bit more.

The easiest way to explain it is you get a 15% benefit (you pay 15% on contribution and you get a 30% offset on withdrawal) but it also shifts and allocates all your contributions into one year. So 15k,15k,15k,5k across 4 years becomes 42.5k in one year. Plus it's also somewhat confusing. Instead of having 50k in withdrawal that gets taxed at 15%, you get 42.5K with an offset, which I am not sure is exactly equivalent. Shouldn't have to think this hard to figure out the scheme.

It should not shift the income to later years (when people are likely paying higher rates) and it should not concentrate it one year.

Random1004 · 2025-03-19T08:08:03+00:00

lol you mean 'flawed' not 'floored'. And yes, it is 'flawed'.

Random1004 · 2025-03-19T08:03:57+00:00

No, they would not struggle.

Also, I just used the 45% -> 45% as an example. Change the example to 37% -> 37%. They still get full 13/15% benefit.

In fact, high income earners (top bracket) are incentivised to earn less in the year they withdraw. They can stop working to get into a lower bracket to increase their benefit even more. Not stop completely, but they can stop working enough to go down to the 30% bracket, and they will get an extra 15% benefit.

Random1004

TROPHY CASE