Average Share Portfolio Size

Please read post 1

 

Tell me more

I'll introduce you to @SatayKing

 

Given the use of debt, my share portfolio is never going to be more than 10% of my property portfolio.

The only way to rebalance is to switch asset classes ie sell props to buy shares. And you all know what the answer to that question is.

 

What

 

Or plough all of the net revenue from property into shares

 

And the loans are serviced how?

 

As it was the 5%, and they could afford it, I thought I'd give the goats a treat rather than using salt water.

It really was a method of torture used in olden times. Goats have abrasive tongues.

 

I think there is a post about the leveraged part,but that was a while back..

 

So do cats.

 

I've sold down & put some into shares for an easier retirement.

 

if the market ( stock OR property ) really tanks borrowing money will probably tough work even if you had funds frozen in the bank ,

but i guess the problem is how deep will be the drop ( and when )

 

Shares are def less maintenance than property but I like the quasi control I have over property.

Plus if/when I retire, the properties and dealing with their headaches will be my version of Sudoku .

Problem solving and a decent dose of good stress is healthy for the mind.

 

That's not a bad way to look at it. Semi-managing a portfolio might give one something to occupy the mind during retirement.

 

I was told that size doesn’t matter and just be happy with what I’ve got

 

Who told you that?.

 

A person who burst out laughing.

 

more fun than Netflix at my age ( wink )

 

Very small % for me atm.
A good target? Billions!
I think something I may have done differently was have around 20-30% of holding in equities.
Mostly my MO was 5% spec/high risk and not more than 10% in shares.
But smear my feet in honey and let the goats out I was always 95 or more in RE.

The end game is not like the opening or middle game.
He mainly posted about ETFs and LICs (end game), after the huge gains.

 

@Piston_Broke a thought just came to mind. It also applies to @MTR if she is following this thread.

I apologise if I am telling you to suck eggs. However, if you do invest via ETFs, be aware the product provider will issue an Annual Tax Statement around late-July or early-August each year. These are required to complete your tax return as they will show each component of the distribution.

It will look something like this but have actual dollar amounts.

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02250983

But keep it until, or if, you sell as it will also show any cost-base adjustment for that year and that will need to be taken into account in the year you sell. As far as I know that figure is not shown on the distribution statements or on any ASX announcement.

Unlike dividends, when an ETF makes an end-of-year distribution sometime in July, that is included in the tax return for the previous year not when payment is made to your account. Accrual applies.

 

The average of my share portfolio's is about 400k, I think they get a bit unwieldly over that The largest is 800k mostly Au high growth which I may reduce next FY, Have US high growth, AU Dividend to supplement rent and servicing, Have a small spec portfolio. Have some Global growth and Small cap managed funds I consider a portfolio which may eventually have most of liquid capital directed to it for set and forget, and an unlisted company worth a bit but hard to sell out of without 70% approval and a buyer. I sell down shares to buy or put deposit on property then use equity to rebuy shares. Seems to be 30 to 40% of property value in shares is a good balance and works well.