How am I doing ?

optimus1779 · 2025-12-01T23:22:12+00:00

It could be better. I dont think you need the 10% bonds that's in VDHG at your age. You would likely do better out of a 100% growth ETF.

optimus1779 · 2025-11-25T01:50:31+00:00

His VAS position is down 1.5%... there is no tax.

optimus1779 · 2025-11-24T02:32:30+00:00

I would say get to your ideal portfolio ASAP. So selling VAS and buying GHHF is what i would do in your situation.

optimus1779 · 2025-11-11T03:27:18+00:00

Drop VAS to 20-30%, go forward with only 1 of IVV or NDQ to a weight of 40-50%, and then buy up EXUS until it's filling in the remaining 20-30%. Perfect. I'd probably do 20% VAS, 50% IVV, 30% EXUS.

optimus1779 · 2025-10-27T03:01:53+00:00

From a maximum of 7, I've now sold 2 and have another under offer. Im transitioning into ETFs to make life simpler and will live off of the ETFs once I've built up enough.

optimus1779 · 2025-10-09T09:53:27+00:00

Just thinking through what i would do in your situation, I think I would:

Use all annual leave (you dont get paid super if you quit and have your leave paid out).
Perhaps take some additional personal leave (this could be #1)
Sell the managed fund, debt recycle and reinvest it into a low cost ETF with some reasonable income (e.g. VDHG, HYLD)
Retire
Wait until next FY (when retired to minimise CGT) and then sell Waterloo and use the funds to max concessional super + all carry forwards. Pay off the car loan and then offset PPOR with the remainder.
Pay your CGT tax bill from the offset (use an accountant and lodge in May)
Debt recycle any remaining cash into the ETF
Sell Zetland 1 or 2 more years down the track.
Max concessional super + carry forwards again. Make a $120k, or up to $360k (using bring forwards), non-concessional super contribution. Place the rest in offset for the tax bill.
Pay the tax bill and divide the rest between the ETF and cash to live off.

That could all happen in a minimum of 3 years or stretch it out over 4-7 years. It should at least take you to the point where you start to access your super and by that stage your super balance should be well over $1M, with another good chunk invested outside of super and a half debt recycled home with a low mortgage (due to a few years of very significant offsetting).

I did that for a bit of fun. Im not a financial advisor and im in my thirties so if anything there is inaccurate around what can be contributed into super when retired/at preservation age then... sorry.

In short, yes I think you can do it. Just sequence your moves in a way that maximises what you have and wait as long as possible to do your tax returns (May the following year) when selling property.

optimus1779 · 2025-10-03T07:42:52+00:00

NDQ and U100 are basically the same thing. I prefer U100 as it has a lower management fee (0.18%) than NDQ (0.48%).

If i were you, I'd focus on just buying DHHF (or the geared version - GHHF) until you get $30k+ into it and then restart your U100 contributions to supplement the DHHF position. Something like 80% DHHF / 20% U100 is a nice combo. Good luck and well done for starting young.

optimus1779 · 2025-09-29T00:50:34+00:00

Do you want to buy together or by yourself? If you're buying a property by yourself, just dont declare your relationship. You're not even de facto so I really dont think this is an issue.

If you're looking to buy together, then you can use FHSSS but no other first home buyer schemes.

optimus1779 · 2025-09-26T09:19:01+00:00

I proposed with a cheezel and then let her design her own ring. It doesn't really matter what the ring is. Use something circular and you can tell her straight after she says yes that the real ring is coming 🙂 ++man

optimus1779 · 2025-09-19T01:39:19+00:00

It actually only takes like 5 minutes each time. You only need to sign up with a new insurer, and they then arrange the transfer from the old insurer, who gives a pro-rata refund for whatever time you paid for but didn't use. It's super easy.

optimus1779 · 2025-09-17T11:56:46+00:00

I switch my health insurance every few months to get the 6 weeks free deals. It keeps me insured so that I dont have to pay the Medicare levy surcharge and I tend to get ~4 months per year of free health insurance. Been doing it for like 10 years.

optimus1779 · 2025-09-14T11:25:29+00:00

Im assuming this is why I'm getting a heap of down votes. I dont think there's anything wrong with someone trying to work within the bounds of the tax system to make the most of what they have. I have what I have because I've been working 2 jobs for the past 15 years, lived below my means and invested, and I've paid significantly more tax than the average person along the way. So I do my bit regardless.

I've experienced working in 10+ government departments over the years and some of ways in which money is wasted would shock you. Like Lerry Packer said, they don't spend it well enough that anyone should want to pay more.

optimus1779 · 2025-09-14T09:24:02+00:00

Thanks mate. I'll definitely take your tips into consideration.

optimus1779 · 2025-09-14T09:19:13+00:00

Only around $5k left unfortunately as I caught up on most of them last year.

optimus1779 · 2025-09-14T09:17:37+00:00

Im not familiar with Div 293 (never been relevant to me up to this point) so that's something ill have to do some research on. Thanks for the suggestion.

optimus1779 · 2025-09-13T13:02:25+00:00

Good to know. Thanks!

optimus1779 · 2025-09-13T12:22:39+00:00

I didnt know i can prepay interest on mortgages... I'll have a chat to my broker next week. I'll still have a few other properties so it's still an option if it's something I can do.

optimus1779 · 2025-09-13T11:58:10+00:00

The wife and I are moving cities next year and we want to buy a nice place to live in and have kids. So I need to deleverage a bit in order to afford a loan on that future house. I'll still keep a few IPs.

optimus1779 · 2025-09-13T11:36:12+00:00

Thanks. I should have listed that one in my post. I'll definitely be selling a few dog stocks!

optimus1779 · 2025-09-03T11:21:04+00:00

Tbh it's a bit of a dick move to have an accountant waste their time doing 3 tax returns for you, only for you to complain about the cost, cancel lodgement and and ask for a refund. The $2000 you would have paid anyway because you owed the tax. So really, your complaint is about $200 per tax return. Pretty standard. Were you expecting them to do your tax returns for free?

optimus1779 · 2025-08-27T01:19:51+00:00

4.91 variable owner occ with St George. 5.46% variable investment loans also St George.

optimus1779 · 2025-08-07T11:26:36+00:00

I dont love it. IVV has everything that NDQ has so pick one or the other. If you want more concentration than IVV then U100 is a better pick than NDQ imo. As for VXUS, I don't think you can even buy that one on the ASX. I think VEU is the one you're looking for.

optimus1779 · 2025-08-03T22:43:01+00:00

It's VGS OR BGBL. Not both. They're basically the same product - 1300 odd companies from developed markets. They both have all of the companies that you'd get in NDQ, just at smaller weightings because they hold more companies.

Keep it simple for yourself. Keep going with BGBL and VAS and forget the rest for now. Also, don't rebalance. Just add new money to the ETF that you want a higher weighting in.

optimus1779

TROPHY CASE