ETF Living off ETFs

Yes I remember that, you would have done very well !

When I look back at individual investments, I’ve had rippers and duds, I prefer to remember the rippers of course. Long run it’s not a strategy though that I’d base our family’s long term interests on however...hence Australian and Developed market equities, emerging market equities, Australian and International small caps, Global property, cash, term deposits and bond funds.....through exchange traded funds, unlisted index funds, unlisted active funds and direct holdings...in SMSF, Holding Company and Trust....Australian residential property for income not part of the plan and never will be. In coming years when I have more time I’ll look closely at direct Australian commercial property (small; $1.5-3m assets) and see if I can make the numbers stack up...haven’t had the time yet. Horses for courses and all that.

 

Where's the best place for you to retire?

This is interesting.

 

yes thats popular with some people. I don't take much stock in it. But yes I practice geo arbitrage for many years now. As to retirement I change my mind every several months on where. Haha. But I'm seriously looking at a tax free country when it comes to drawing down on my super ;-)

 

Bloody hell....pay mortgage, pay bills, pay IP loan, save to do DCA into LIC/ETFs and still must have 5-10 years expenses cash....!!! What's the trick ...average job pays 70-120K


Edit-typo

 

You’d do everything else first and worry about the cash bit when you get there

 

in my case have the employer pay for all your outgoings and living expenses so I bank most of my teacher salary. Current country China. Best salaries and packages so will be here for a while to smash down debit and pay all dem things you mention.

 

Lucky you....good plan!

 

Popular with who? Living off dividends is a very poor inefficient use of capital VSG has given poor returns and if you mean VGS it is not much better. If you have enough to live off dividends, you should have enough to Qualify for the higher returning managed funds in a concentrated portfolio. It is better sell your shares to buy high yeilding property, LOC, buy growth shares back, and have 2x CG and 2x income, and repeat. Rent will give you more, and more reliable secure income while you can get some tax deductions. Growth shares will make you wealthy, property will give you security and income. You can also sell shares that havent had much gain, and offset overweight sell downs with some loses, so you get tax free income, while most of your gains keep compounding away . You get a 50% tax discount on capital gains to so you get to keep more of your profits. Converting shares to property gives me over $150k p/a in rent, I put 50k in SMSF p/a, and I get more than that on CG on property I get much more than that in CG on shares which when ever I need extra funds I may sell some shares , draw on LOC or sell a lower growth property taking cash and transfering security to another property maintaining loan. Relying on dividends would give about 80% less returns

 

I can’t over-emphasise the importance of networking outside of social media and online forums.

Will super-charge your learning and thinking. Networking has done wonders for my investing in property and shares.

The Property Chat Meetups were so good for this. Hopefully they can startup again soon.

 

Recommended reading, if you haven't already seen it: Strong Money Australia - Building Financial Strength & A Life of Freedom

 

It all depends on what parameters you input to the Greedometer.

 

agree, here is an oldie

Is Networking Under rated?

 

Hmmmm....

 

I wondered if you would show up.

 

Hehe

 

Still, our Sydney meetings were awesome. Went into the wee hours of the morning. Lots of talk, not always about properties. Always great to catch up to the regular crew, as well as talk to the newbies.

 

Doing it by 35 by property or shares is a hard call. I won't say impossible, because anything's possible, but I will say improbable.

 

Yeah, our venue is awesome. The dining area kick us out, then we just go upstairs, where they're open all night, and party on. Being older now, sometimes I suffer the next day though. Luckily I don't have a job to go to.