Author Topic: Aussie investor case study  (Read 220 times)

Sydneyinvest

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Aussie investor case study
« on: September 02, 2017, 04:04:07 AM »
Hi,

I had posted a question in the investment thread but seems more info would be helpful so, thought I would do a case study.

Mid 30s, partnered but all our money is separate. These are just my numbers. Pumping double cash into the mortgage ATM - likely have paid off in 7 ish years. Would like option to RE in about 15 years.

Job 1 = $4000 pm
Job 2 =$3600 pm * this is just until the end of the year - will then go back to about $6k per month.

Expenses
Mortgage repayments = 1200
Extra mortgage payments = 1200
Investments into Vanguard High growth =1000
Groceries = 400
Opal = 180
Union fees income protection etc = 80
Eating out = 250
Travel = 400
Christmas/gift fund = 200
Phone = 35 (this is for 2 phones on BYO plans - one work, one life)
Internet = 30
Netflix, Apple Music = 24

I have done optimising etc and all irregular yearly expenses such as rates, water, insurances, professional memberships etc workout to be $600 per month

Assets
House equity approx 100000
Vanguard fund 20000
Other shares - 26000 (all on DRP and take up SPPs when offered - Argo, tgg, gfl and rig)
Cash in offset -50000
Super - 120000

Liabilities
Mortgage - 190000 at 4%

So, questions are;
1. With putting 1k a month in is it worth swapping across to etf to save the 0.9 or stick with the managed fund - would be worried about capital gains etc on the vanguard?
2. Is there better ways of building share portfolio outside of super (will likely increase super to salary sac contributions when mortgage is done)?

Thanks!