Let’s say if you got my money

Be gentle as I am trying to figure out strategy in investing shares…
We are property heavy and decided no more ip (current holdings of 6ip, 1ppor, mostly in regional nsw and qld, 65 lvr including ppor debt, negatively geared, could develop 2 of them).
We do have some shares (hubby’s credit) but all are direct (Wesfarmers, Macq, Berkshire, and some junks) outside industrial super.
We both are in high tax brackets and in mid 40s, not planning to retire for another 10 yrs (love our jobs too much ).
Let’s say if you got our 100k, what are you going to invest? No crypto please

 

For set and forget. Easy decision to make. Give Joe a ring. Lakehouse Global Growth Fund – Lakehouse Capital

 

I'd try to use leverage if borrowing capacity still remains ... credit is cheap at the moment, would be an awful waste not to take advantage of it to grow more money.

 

I would just buy a couple of large simple etfs such as VAS and VGS keeping it safe(ish) and simple.

You've seemingly got a decent property portfolio and incomes already. I'd personally avoid any of the exotic/speculative ETFs. Id also avoid more debt... sure its cheap at the moment but do you need more reward - and by extension more risk?

 

I know you said no crypto…… but, I’m going to play devils advocate to keep things interesting .

Should always remain open minded.

I would invest it in 1 of 2 things.

1. A high interest crypto account using a stable coin like USDT. A stable coin is a cryptocurrency tethered to the price of fiat currency (government backed) and backed by actual fiat currency, stocks, bonds and gold. As such, it hasn’t got any volatility like traditional cryptos which aren’t backed by a fiat.

Essentially, there’s a high demand from investors to access leverage for their trading and other investment needs through decentralised finance (defi). As a result, the platforms that offer defi have a desperate need for liquidity pools. So stablecoins currently offer around 6 - 8% interest (which is similar to the stock market average) to invest in these pools.

2. Invest in bitcoin. I personally don’t bother any of the other cryptos. 99% of the market is crap. Only invest in bitcoin. I don’t know how much you know about bitcoin, but I strongly suggest having at least a small percentage of your portfolio dedicated to it. (Just my personal opinion, not professional advice)

Bitcoin is deflationary and quickly becoming very mainstream. I’m sure you’ve heard it dubbed digital gold and it is for a reason. Bitcoin has a finite supply of 21 mil coins and supply is halved every 4 years, so even if the current demand remained constant the price would still increase over time based on how it’s been designed.

This is a brilliant, concise article that sums up the value proposition for bitcoin:

“Bitcoin Has No Intrinsic Value”. Then What Gives Bitcoin Value?

Compared to gold, the supply of gold is always increasing. Also, asteroid mining in the next couple of decades could destroy the gold market.

Giant asteroid has gold worth $700 quintillion. But it won’t make us richer

Another thing to remember too is that the gold market was actually very volatile before it achieved a higher market cap, so bitcoin behaves very similar to gold when it was in its infancy as bitcoin is now.

Food for thought

 

- Less than 4 years in existence
- 1.30% Management fee and 3.11% Performance fee
- Bet on growth companies after growth has significantly out performed
- May have got lucky with a big bet on AfterPay
- Wholly owned by Motley Fool Australia, need I say more

Suggest this fund has a strong chance of underperforming the market after fees in the next 10 years

 

Buy a fast car

 

Interesting coincidence.

Search Results for Query: Lakehouse - PropertyChat

 

Vas & VGS (50K into each)

 

This or pick a couple of resources stocks. In Australia, mostly resources stocks perform over the longer term, according to historical data anyway.

 

This, and put some in NDQ

 

Lol Fargo is Ruby Tuesday

Yep this is my main ETF

 

On this point alone, I would not touch it with a barge pole.

 

Thanks all for your replies
Likely we will settle with ETF. We decided to go with low risk strategy for now.

I thought you are more into Thornhill and not much into etf @Gockie

yes will look into those as well

 

I’ve switched to etf’s - what I’ve found over the past few years is the share price on LICs really don’t seem to move. Of course, the LICs may throw off plenty of dividends, but I want to see share price growth too.

 

Yep slow and steady investments vi DCA into VGS, IVV, and IOO ETFs.

You might even borrow 1 dollar for each 2 dollars you contribute but be careful. May go to 1 to 3 you contribute.

I see a lot of people put their money into 1 property market (i.e. Sydney or Brisbane)...that is also a mistake. Spread the risk.

 

You got your answers...

 

In a situation where someone has all their investments in Australia and high income, I would suggest 100% VGS. Note you can't expect to withdraw within 7 years.