Back to Exchange
INVESTING STRATEGY

ETFs + Pearler Micro combo?

Hello there. Hoping someone can help with my analysis paralysis on whether to consolidate long and short term investment goals into one "bucket" or if it's best to keep em separated. I'm investing larger amounts of $ into my CHESS ETFs on a regular basis as part of my long term investment FI strategy. I also currently trickle smaller amounts (a few hundred each fortnight) as a short term savings goal to pay off a 9K bill due in a few years (currently in Raiz). Conscious of keeping my long term "sacred", but also trying to minimise fees. Cheers for any wisdom!

Profile Picture
Daz

27 May 2024

Like
3

2 Comments

Small Profile Photo
Dave Gow - Strong Money Australia

INVESTOR

5 months ago

Hi Darren,

Interesting question.

I would personally approach it a different way. If I had a situation where I needed the money in just a few years, I’d probably not have that money in shares, but a savings account (or offset account) instead.

So I would separate it by not investing short-term savings and just having one ETF set-and-forget portfolio.

If you are more flexible though and may be able to pay this bill in other ways, then I don’t think there’s anything wrong with sticking to the current plan. Especially since it’s only temporary, and it sounds like you’d rather keep things separate, plus the fees probably won’t be all that much.

Hope that’s useful.
Dave

Like
1
Reply

4000 characters left

Related posts

exchange image
Investing Strategy

What happens if, in 30 years when I have hundreds of thousands or even millions of dollars in shares, nobody wants to buy them?

Hi there! What happens if, in 30 years when I have hundreds of thousands or even millions of dollars in shares, nobody w...

exchange image
Investing Strategy

Best way to invest $10k for long-term growth?

Hey everyone! I’ve recently set aside $10k that I’d like to invest instead of letting it sit in my bank doing nothing. ...

exchange image
Investing Strategy

I've heard that most people would only invest in VDHG if they had to choose one ETF. May I ask why?

Hi everyone, I’m quite new to the platform, and so far I have only invested in VDHG. I've heard that most people would...

Home