Australian (ASX) Stock Market Forum

Would love some feedback...

Until stagflation hits, that is.

But we'll have massive civil unrest by that point.
 
Until stagflation hits, that is.

But we'll have massive civil unrest by that point.

Recession-inflation is a logical assumption. When you have half your nation unemployed and supply chains are disrupted. Then add in the currency debasement and printing. Not a very healthy economic recipe.
 
The whole being wealthy thing is overrated IMO.

More, more, more.

Wealth is a consequence of being very good at something in demand.
Pretty simple.
Become an expert.
It doesn’t matter what it is that you become an expert in
But when you do/are —-wealth will beat a path to your door!
 
The plan looks sound and not a lot different to what I did with retirement, except I ended up with more individual shares instead of ETFs. One thing in hind sight for me was to increase the US ETF exposure compared to the Aussie ETFs . While the aussie ETFs give higher dividends, the total return has been better with IVV (similar to VTS) (and there is always risk someone will try to steal the franking credits). But as anything goes, maybe the US market is overpriced in comparison to the Aussie at the moment. I do intend to sell some of my individual shares down the track and convert to ETFs and will focus on US and international.

Iggy
 
  • I’m now mortgage free - PPOR worth 1 million
  • We both earn 135k each
  • My super 650k defined benefit, my wife 360k defined benefit (public servants)
  • I have 200k sitting in my offset which I’m now looking to invest
  • I’m also in the middle of an inheritance and will receive an additional 300k in 2 years time.
Nice!

I want you life ...... but I'll keep my wife:p (jk. My life is ok:wacky: most of the time)

Welcome to ASF @ChaChing, and well done on what you have accumulated by the ripe old age of 46. I remember when I was 46. I actually remember when I was 21. I just cant remember where I leave my glasses nearly every day:rolleyes:

Anyway, no real comment from me other than welcome and well done:)
 
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