Value Collector
Have courage, and be kind.
- Joined
- 13 January 2014
- Posts
- 12,237
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Vanguard is good, you can buy shares in the index on the share market, the share code is VGS for the global index and VAS for the Australian Index.
Vanguard is good, you can buy shares in the index on the share market, the share code is VGS for the global index and VAS for the Australian Index.Do you have a suggestion on what company to use for an index fund? Is vanguard one?
If there an ETF for the Life Strategy?Any decent one that you like or that your advisor recommends. But what my post refers to is vanguard life strategy. Just take a look at it, it may or may not suit. All it does is give global equity cheaply and conveniently, that’s my point.
ThanksAny decent one that you like or that your advisor recommends. But what my post refers to is vanguard life strategy. Just take a look at it, it may or may not suit. All it does is give global equity cheaply and conveniently, that’s my point.
Thank youVanguard is good, you can buy shares in the index on the share market, the share code is VGS for the global index and VAS for the Australian Index.
We are talking about $1300
not $130,000.or $1.300,000.
also around 10-15 years not a lifetime.
How much same old same old snail investment
return do you realistically expect.
Seems like a thread of Volvo Drivers dressed in
brown corduroy.
One day when I decide to take the money out for my kids I assume I will need to pay tax on earnings?Vanguard is good, you can buy shares in the index on the share market, the share code is VGS for the global index and VAS for the Australian Index.
The OP wants to put some savings aside for his kids to get a car or some Uni education, I don’t think he is trying to shoot the lights out with massive invest returns.We are talking about $1300
not $130,000.or $1.300,000.
also around 10-15 years not a lifetime.
How much same old same old snail investment
return do you realistically expect.
Seems like a thread of Volvo Drivers dressed in
brown corduroy.
Yes you will be charged capital gains tax if the shares have gone up, but you will get a 50% discount if you have held for more than 12 months, you can deduct that from the amount you give your kids, or you can just pay that tax as an additional gift to your kids and let them keep the whole amount.One day when I decide to take the money out for my kids I assume I will need to pay tax on earnings?
Is vanguard more preferred over say space ship voyager?
Yes, both fund and ETFIf there an ETF for the Life Strategy?
Thank you.Yes you will be charged capital gains tax if the shares have gone up, but you will get a 50% discount if you have held for more than 12 months, you can deduct that from the amount you give your kids, or you can just pay that tax as an additional gift to your kids and let them keep the whole amount.
I don’t know anything about space ship unfortunately.
thank you! i might move from spaceship voyager to there. Do they also have an app to use?Any decent one that you like or that your advisor recommends. But what my post refers to is vanguard life strategy. Just take a look at it, it may or may not suit. All it does is give global equity cheaply and conveniently, that’s my point.
G'Day MateHowdy!
I have a two year old and four year old. They both have a combined savings of $1300. I have been putting away approx. 2-10 bucks a week away for them since they were born.
I have recently invested some of my personal money into a micro-investing SV
The bank account that my kids money is in earns little to no interest and i wonder if these is a better strategy to get them more money in the long run. Should i add it into my spaceship voyager account or put it somewhere else? I am currently to date putting $10 a week for each child, so $20 a week and plan to keep doing so.
My plan for their savings is to give it to them when they are 16-18 or so and contribute to buying a car, uni education bills or something.
Cheers
Thank you dark!G'Day Mate
Depending on your risk appetite?
What they teach in Mit / Uts / yale etc in the course of getting your masters in appplied finance is risk aversion ( risk to reward )
Pending on your risk appetite , in lays terms the greater the risk the greater the reward.
Either you pay some finacial advisor
Or put money spread in the asx 50 compound interest will achieve this ,
My opinion would be researching rare earth small caps in the asx like Lyc / Gxy / ggg
Or for greater risk look in to spreading some pennies in the Crypto market .
Investing in to block chain or digital platforms is like investing in amazon 1999 ,
Quite simply put : " If your are investing like the other 95% of people you will be like the other 95% ( Working in the matrix till 60)
This is not finacial advice, Pls DYOR
GL Sir
All to much work.G'Day Mate
Depending on your risk appetite?
What they teach in Mit / Uts / yale etc in the course of getting your masters in appplied finance is risk aversion ( risk to reward )
Pending on your risk appetite , in lays terms the greater the risk the greater the reward.
Either you pay some finacial advisor
Or put money spread in the asx 50 compound interest will achieve this ,
My opinion would be researching rare earth small caps in the asx like Lyc / Gxy / ggg
Or for greater risk look in to spreading some pennies in the Crypto market .
Investing in to block chain or digital platforms is like investing in amazon 1999 ,
Quite simply put : " If your are investing like the other 95% of people you will be like the other 95% ( Working in the matrix till 60)
This is not finacial advice, Pls DYOR
GL Sir
Yeh I need a simple solution. I don't want massive reward but better then what I will get with a bank account.All to much work.
Invest it in one of the older LIC's, tick reinvestment share offer buy the bonus share offer every time you can afford to no matter the asking price. Set and forget until you need it. Will not break any records but will keep on keeping on.
You've presented an option as I have. Empirical Evidence Has served the world very well.You’re right.
Forget everything I said and just buy crypto, coal and iron ore as per your posts above. You noticing something, ‘on the move’ is good enough for me. Empirical evidence can go jump.
where as that ounce of gold will still only represent they same underlying number of atoms of metal.
It wasn’t just Berkshire that outperformed gold, you would have outperformed gold just with an index and reinvested dividends, or real estate where you reinvested the earnings into busying more real estate.Come on you can do better then that, just suits your argument. You can say that about crypto or even your shares they are 1s and 0s on a electronic system. Yes on a 40 or 50 year scale Berkeley outperformed gold, I am not arguing gold is better or will outperform Berkeley. However its not entirely true, you hold a piece of gold much like you hold a bitcoin. Gold even has real world applications like electronics and jewellery etc. You could say it is also a producing asset because the demand behind it and real world applications. Also you still need to mine and refine gold, the cost of producing gold is also factored into the price and all the asset producing gold miners.
Seems like a bigger return then just inflation
Aussie and global index is going to be best in my opinion.Yeh I need a simple solution. I don't want massive reward but better then what I will get with a bank account.
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