150k Passive Income ....what it takes..

Here is how $452k in one account via Host plus is panning out in terms of fees
No Hostplus xhargescadmin fees of $72 per annumdollars. Then if you the Direct choice option another $180

You have to leave 25% on their standard Index Balanced/Balanced about 60 and 90k respectively with fees of 0.16% and 0.8% so that is $96 and $720

The rest is from memory is as follows:
AFI - 0.14% 20k - $28
ARG - 0.14% 20k - $28
VAS - 0.16% 90k - $144
VGS - 0.16% 90k - $144
IOO - 0.3% 90k - $270

So a total of about $1700 on $453 assets under management or about 0.37% MER (inclusive of all costs).

Would be much lower if I did not use the Host Plus Balanced Fund..but it is one of the top performing funds and it invests infrastructure items other funds don't. I would have saved another 0.1% if I did not use this fund.

 

I like JL Collin F U position better...I agree with all of it except....don't drink.....you gotta have some vices...including drinking some fine plonk occasionally and sometime to excess (not all the time..but once in a blue moon)!