Author Topic: Australian Investing Thread  (Read 2473852 times)

Minion

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Re: Australian Investing Thread
« Reply #5150 on: October 05, 2021, 04:53:04 AM »
I have been using Rick Williams for many years, highly recommended.

Vinkyb

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Re: Australian Investing Thread
« Reply #5151 on: October 05, 2021, 06:25:43 AM »
Thanks Minion

Wadiman

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Re: Australian Investing Thread
« Reply #5152 on: November 20, 2021, 06:02:10 PM »
Hi all!  I haven't been here for a while - things are looking pretty quiet - is everyone over in the Reddit forums?

Anyhoo, if anyone is still active here - interested in thoughts on direct corporate bonds - i'm looking at investing part of the proceeds from my future PPOR sale into a diversified portfolio of mainly investment grade bonds via FIIG.  Anyone gone down this route?  I will be targetting a return of circa 4% and a total portfolio of circa $250k with staggered maturities.  I plan to hold most bonds to maturity to be certain (well 90% certain) of getting back the capital.

Thanks! 

superannuationfreak

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Re: Australian Investing Thread
« Reply #5153 on: November 27, 2021, 01:13:45 AM »

Anyhoo, if anyone is still active here - interested in thoughts on direct corporate bonds - i'm looking at investing part of the proceeds from my future PPOR sale into a diversified portfolio of mainly investment grade bonds via FIIG.  Anyone gone down this route?  I will be targetting a return of circa 4% and a total portfolio of circa $250k with staggered maturities.  I plan to hold most bonds to maturity to be certain (well 90% certain) of getting back the capital.


What are your goals for this money? E.g. Just part of overall FIRE funds or a future ppor?

To get 4% yield to maturity (or yield to worst) we're taking a fair amount of risk, without looking too hard I'd guess barely or sub investment grade today.

How much can you afford to lose, and how much liquidity might you need? This proxy is an exaggeration but can you manage a 20% fall in value? https://www.spglobal.com/spdji/en/indices/fixed-income/sp-australia-high-yield-corporate-bond-index/#overview

You're also not really saving in fees, the buy-sell spread for retail will take a chunk too.

Wadiman

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Re: Australian Investing Thread
« Reply #5154 on: November 27, 2021, 07:15:13 PM »
Thanks for sharing your thoughts.

The funds would be used to replenish my cash stash (three years equivalent) over time for living costs.

I'm pretty confident that portfolio could be weighted to be at least 80% investment grade at get close to 4% YTM overall.

I wouldn't be selling (generally speaking) until maturity so that does reduce risk and costs.

MustacheAndaHalf

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Re: Australian Investing Thread
« Reply #5155 on: November 28, 2021, 01:25:51 AM »
This thread was created back when the only Australia-specific place was in the Taxes area.  But that is now a general Australia forum, under "Around the World" instead of taxes (despite the same URL):
https://forum.mrmoneymustache.com/australia-tax-discussion/

That might be a better place to ask about accountants, supers, etc.

Wadiman

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Re: Australian Investing Thread
« Reply #5156 on: November 28, 2021, 07:35:51 PM »
Thanks Mustache + 1/2!

Have posted over there.

Richmond 2020

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Re: Australian Investing Thread
« Reply #5157 on: March 29, 2022, 04:09:44 PM »
Check out those VAS dividends!  $1.41
Yeah noice. Was expecting an increase but thatís huge.

Wow another big quarterly dividend from VAS! $2.00 a share.

Richmond 2020

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Re: Australian Investing Thread
« Reply #5158 on: June 27, 2022, 10:27:13 PM »
Estimated dividend for VAS for qtr ended 30 June 2022 is $2.17 a share. Companies continuing to pay out large dividends.

theninthwall

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Re: Australian Investing Thread
« Reply #5159 on: June 28, 2022, 09:32:43 AM »
Wow. So are my sums right that VAS is producing around a 10% yearly dividend?

mspym

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Re: Australian Investing Thread
« Reply #5160 on: June 28, 2022, 05:17:52 PM »
Paying out some of the price-gouging profits as dividends.

GT

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Re: Australian Investing Thread
« Reply #5161 on: June 29, 2022, 12:02:16 AM »
Paying out some of the price-gouging profits as dividends.

All that Jobkeeper that was taken in bad faith.

Notch

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Re: Australian Investing Thread
« Reply #5162 on: June 29, 2022, 08:27:36 PM »
This is why I hold my Australian equities allocation inside my superannuation.

chevy1956

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Re: Australian Investing Thread
« Reply #5163 on: June 29, 2022, 08:46:56 PM »
This is why I hold my Australian equities allocation inside my superannuation.

I'm retired and I don't have enough in VAS to pay taxes. Wifey and myself can earn a lot of dividends before it impacts our taxes. If anything we should get a nice rebate.

marty998

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Re: Australian Investing Thread
« Reply #5164 on: July 10, 2022, 01:33:54 AM »
Paying out some of the price-gouging profits as dividends.

All that Jobkeeper that was taken in bad faith.

Not entirely true. This quarter's dividends are supersized due to the BHP/WPL corporate shenanigans.

There isn't enough jobkeeper in listed companies to have made a material difference. It was mostly (very large) private companies that heavily abused the goodwill of taxpayers.


Richmond 2020

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Re: Australian Investing Thread
« Reply #5165 on: July 16, 2022, 07:19:59 PM »
This is why I hold my Australian equities allocation inside my superannuation.

I'm retired and I don't have enough in VAS to pay taxes. Wifey and myself can earn a lot of dividends before it impacts our taxes. If anything we should get a nice rebate.

Iím in a similar position of loving the dividends. I retired early to raise the kids while the wife works for a couple more years. Our VAS holdings are mostly in my name so no tax implications for me. 

mjr

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Re: Australian Investing Thread
« Reply #5166 on: September 28, 2022, 09:50:57 PM »
aaaand $1.45 for the October quarter.  Nice.