INVESTING STRATEGY
Too many ETF’s?
Hi All, In my early 60’s and only started investing a few years ago as my partner and I have spare $’s and try to utilise all the tools like salary sacrifice an$ the bring forward rules along with spouse co-contribution. I signed up to the Barefoot blueprint, which has since closed. I purchased both Breakfree (IOO, STW, VAF, VAP & VSO) and Idiot Grandson (VAS, VTS & VEU) portfolios. Plus both AFI & ARGO. I have all of these in an auto invest setup, all with different percentages. The question is, am I diluting the benefits gained from dollar cost averaging by investing in so many ETF’s and LIC’s? TIA.
2 Comments
about 1 year ago
Hi Linda.
The main issue with having lots and lots of holdings isn’t lower returns or diluting any benefits of DCA.
Instead, the main problem is how much time it takes to manage, the mental load of all these moving parts, the possible extra brokerage depending on how much you’re buying each one, and the extra tax/admin stuff to do.
As you probably know, there are a lot of overlaps in your holdings, with multiple Aussie funds and multiple overseas funds. If you’re happy with all these then that’s perfectly fine, but if you wanted to simplify a bit, it could make sense to offload a couple of things (considering tax first) and concentrating on whichever ones you prefer.
Hope that helps.
Dave
Like
8
•
Reply4000 characters left
Related posts
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...
Investing Strategy
I am seeing a fairly constant downward movement across all my shares, bar one or two. Is there anything I can be doing differently.
Hello, I am still very new to investing and only working with small amounts. I have tried to be diverse with my shares a...
Investing Strategy
Difference between VDHG and VAS?
Hi Brains Trust! What's the difference between VDHG and VAS? I understand they are setup quite differently. But to a la...