Now clarified. From VAS Distribution Tax Estimates announced yesterday (cents per unit.)
VAS - Vanguard Australian Shares Index ETF
- Thread starter donteventryit
- Start date
Now clarified. From VAS Distribution Tax Estimates announced yesterday (cents per unit.)
- Joined
- 24 December 2005
- Posts
- 2,601
- Reactions
- 2,065
Tuesday saw a bullish volume spike on the VAS, this may see a rise in the price if I am reading volume spikes at a low price point correctly. There is no massive rise in money flow but it is also not falling away, it is still at slightly negative levels.
- Joined
- 28 March 2006
- Posts
- 3,554
- Reactions
- 1,283
I did have VAS in my SMSF from late 2020 to Sept 2021 but I am still keeping an eye on it.
If you look at the weekly chart you may see that it's done nothing since Aug 2021.
Next breakout above ~$98 would be needed I think.
Finding individual shares in that ETF and in up and coming metals and mining sector has been much more productive for me.
Just my
If you look at the weekly chart you may see that it's done nothing since Aug 2021.
Next breakout above ~$98 would be needed I think.
Finding individual shares in that ETF and in up and coming metals and mining sector has been much more productive for me.
Just my
- Joined
- 20 July 2021
- Posts
- 10,970
- Reactions
- 15,238
+1Finding individual shares in that ETF and in up and coming metals and mining sector has been much more productive for me.
Just my
although take-over action has created a large amount of the profits made
Did back of the envelop numbers.
This FY VAS will pay $6.27 in distributions. Well above the usual amount (generally c $3.50). Mainly due I feel to BHP's dual listing decision and then the BHP/Woodside shenanigans. Working on the adage "spend less than your income" $3 per unit (after making any provisions, i.e. a guess, for tax) is deployed back into the market.
Frigging lot of cash from VAS rolled into my account and that of the SMSF this FY.
This FY VAS will pay $6.27 in distributions. Well above the usual amount (generally c $3.50). Mainly due I feel to BHP's dual listing decision and then the BHP/Woodside shenanigans. Working on the adage "spend less than your income" $3 per unit (after making any provisions, i.e. a guess, for tax) is deployed back into the market.
Frigging lot of cash from VAS rolled into my account and that of the SMSF this FY.
A slight correction as the statement should be "This FY it is estimated VAS will pay..." as the actual can change until the final amount of distribution is declared.
It is a calming feeling for the soul not to give a hoot about what specific companies are doing. Certainly not stressful at all. Also provides a relaxing opportunity to watch others. Not dissing what they do from an investing perspective. I'm just grateful I don't.
and, the most important reason of all ... on average, stock pickers won't beat a broad based index, so investing in a index based ETF which is based on a broad based index puts you one step ahead of all those stock pickers out there.
In summary, that's my thesis for owning IOZ, but it could be any one of IOZ, VAS, A200 or STW.
KH
- Joined
- 20 July 2021
- Posts
- 10,970
- Reactions
- 15,238
VAS was nice but SYI was better
( i hold both SYI and VAS )
( i hold both SYI and VAS )
But, SYI isn't an ETF based on a broad based index.
Generally, what I've found with high-yield ETFs, is that the unit holder is swapping capital for income. That might suit you, but it doesn't suit me or many other people.
KH
I consider there is an additional benefit. One of my kids isn't, and never will be to put it mildly, a high flier. Not academically inclined. Medical receptionist, does hospitality work, etc. So their employment income is not what you would call flash.
When each of my brood turned 18 I handed over a wad of cash for them do do whatever. This one, after extensive discussions with me, decided to invest in the share market. Nothing flash; AFI, MIR, VAS, VGS and VISM. Adds (very) small amounts whenever they have spare cash - and Dad also provides some support as I do with my other children.
According to a telephone chat last night last year their taxable income last FY is rather more than what their employment payment summaries would indicate. Pretty good result I feel and should they keep at it, and I think they will, they will have a brighter future contrary to their employment appearances would suggest.
- Joined
- 20 July 2021
- Posts
- 10,970
- Reactions
- 15,238
- Joined
- 20 July 2021
- Posts
- 10,970
- Reactions
- 15,238
i hold both DRPed that is very enlightening over the last 10 years
VHY ( while i held it kicked dirt into VAS's face as well when DRP'ed )
while IHD was a comparatively poor adventure ( but still profitable over the time )
- Joined
- 24 May 2013
- Posts
- 562
- Reactions
- 713
personally i prefer high growth and little to no yield, which is why i did consider, but ultimately passed on VAS and went for the IVV + VEU combo instead when i was converting from being primarily an options trader to becoming a long term index investor several years ago. that's just me though.
- Joined
- 20 July 2021
- Posts
- 10,970
- Reactions
- 15,238
wasn't comfortable with the heavy international exposure , and went heavier Australia/NZ ( but not exclusively so ) , but plenty of strategies available these days
good luck
- Joined
- 24 May 2013
- Posts
- 562
- Reactions
- 713
i'm still in the process of increasing my international weighting, as it gets me more exposure to the high tech and industrial manufacturing sectors that we just don't have all that much of in Aust. but as you say many different options available depending on the individual.
in my view being currency unhedged in those funds actually gives you hedging in a way, due to equities and AUD both being considered risk on assets, so when equities go down the AUD generally goes down as well, cushioning any fall in the international ETFs in AUD terms. it does impose a cap on the upside when AUD rallies along with equities, but overall it generates a smoothing effect, i think of it kinda like sticking a collar over a stock position vs running a naked position (yep i still think like an options trader even though i'm mostly a buy & hold index investor these days). this could be a positive or negative depending on the individual. i find it a positive. others might think differently.
JohnDe
La dolce vita
- Joined
- 11 March 2020
- Posts
- 3,920
- Reactions
- 5,751
I agree and am also increasing some of my international holdings. I also looked into emerging markets, but I never felt very comfortable even though profits looked good, now I definitely won't be touching for a while.
Similar threads
