This is my current distribution. I'm hoping to gear more to my ETFs this month. I've been listening to many podcast (Aussie firebug, medical money, dev raga) and reading a lot about LIC vs ETFs. I think for now, I'll stick to ETFs as my strategy. I still haven't got enough side hustle to bump up more $. And congrats to my partner who got onto paeds training and we don't have to move interstate woohoo!!
I'd just like to write this down as part of my baby step journey into this share investing market. Hopefully someone else as clueless as me would find this relatable. 😂 Disclaimer: I'm not by any chance very financial savvy or have a very good knowledge in share market/the bull or bear. It all started around end of March-early April in 2020. My partner started to read a book called "the barefoot investor" by Scott Pape after we went book shopping one day feeling like we gotta read something other than just watching netflix on our free time. P .s. I got myself a "this is going to hurt" by Adam Kay and it was a good book where I can relate to some of his experiences at work. 1 - The first thing we did was to open up an ING bank account as suggested by BFI. Reason: - 1.8% interest in saving maximiser account as compared to 0.05% in my other bank - Common sense time: 1.8% vs 0.05% which generates more interest? I only wish I knew it earlier...Al...
I have bought more ETFs in September - ASIA and VDHG, also topping up my existing ones. I made a mistake while buying VDHG. I was experimenting another trading app - Commsec to check on their live update of prices. So while I used that $ to place order in Selfwealth, selfwealth price was actually not the same?!!! It's my fault for not checking the price on selfwealth before clicking the order button. I ended up buying 60 cent more than market price on selfwealth platform - which means I lost money the second I placed order. 💀 🔨
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