90% crypto 10% stocks over the past 5 years. Has given me my house deposit and bought me a car. Moving towards S&P500 ETFs moving forward and offsetting mortgage.
I think you forgot to include the link for the vanguard questionnaire in the description. It would help with the people who have the GOAL to invest and hopefully retire early like you are :)
Raymond, thanks for your content. I would love a video explaining how to do US tax forms/reporting after selling US shares as an Australia investor. I want to know if it’s worth mimicking vanguard to maybe a top 20 shares in one of their ETFs. Thanks!
Few things - currently (23/01/2025) in Australia to access you super you have to be age 65 & can be working still, or age 60 but must be 100% retired & not working. The super vs stockmarket investment scenario ~ with super the $10,000 becomes $8,500 and that is what gets put in the super account and that $8,500 will grow at usually at a rate of 5% to 10% to 15% (let's say as a general statement, it could get to 19% but also could go negative), but with a share the full $10,000 will get invested and then when you sell 45% of the profit will get taxed if you sell before 366 days of owing the ASX stock, but if you sell it after holding it for 367 days then the tax rate is 22.5% on the profit [growth amount], also a stock could double or triple or X5 or X10 in 367 days but usually a super balance will not. Also you may not live until age 65 either which is something to consider
For the super vs stock investment scenario, if you decided to invest outside of super you’d do that with after-tax income vs pre-tax via superannuation. This is why it results in only having $5,500 invested.
@@raymondla were you not talking about a $10,000 volunteer payment to your super from cash in your bank account [tax already paid]? and the $10,000 invested in stockmarket is also from bank account cash [tax already paid]. Even in your scenario (in your reply) - a stock has much more potential to grow even if sold under 366 days holding, and more money in pocket if held for more than 376 days (half capital gains tax) vs usual super growth.
There are 2 types of super deposits, consessional deposits and Non consessional deposits .Brian you are talking about Non connsessional deposits and Raymond is talking about consessional deposits .😉😉
Another good video Raymond, nice to see you mentioning Div 293 tax. My GOALs for 2025 took a turn already. Worked moved me to an international contract, so for now I have to park most of my money into a high interest account until I can work out any potential Aussie tax to be paid and of course my own super. Talking about that… have you any knowledge in regards to Money service businesses like Wise/Revolut? As they tend to offer better exchange rates and USD accounts.
That's exciting to be moving overseas though, I did it briefly early on in my career and loved every moment of it! I have used wise before personally, like you say they have some of the better exchange rates to transfer money.
Hi Raymond, my GOAL for this year is to get into investing heavily as I'm a complete beginner. So far I only have 10 IVV shares but want to buy significantly more than that (spread over 3-10 ETFs... what do you think is a good number of ETFs?). I was also considering buying REITs and Gold (and/or Silver). I also have a bit of Crypto (XRP, ETH, SOL). My Super situation is a bit tricky as I'm technically already retired and on a military pension which I get for life (plus a big chunk when I get to retirement age). Great video again, I'm learning a lot from you. 😀
Sounds like an interesting situation you've got yourself in, for trying to invest. If you are in technically in retirement, the goal would be more geared towards trying to keep your money rather than spending it, albeit in ETFs. In my opinion, keeping the number of ETFs lower is better and easier to spread the money rather than trying to stretch it to a higher number, and more often than not, the other ETFs major holdings are the same ones (obviously depending on the ETFs that you choose). I personally, just invest in an all-in-one VDHG and not spread my money at all. Less brain power required to just invest in one and not have to calculate how much money I need for all other potentially 3-10 ETFs. I'm not too well versed in retirement planning, but as long as the timeline is relatively long (20-30+ years) and you're consistent with it, then we should be ok with studies showing that the broader market has more often than not, returned a positive rate holding for 30+ years.
@@henriiez Yeah I see what you mean about keeping the number of ETFs lower. I have definitely left investing way too late in life but I suppose it's never too late. I put aside money into a HISA every fortnight which earns me 5.5% pa and I'll put another $500 into ETFs (or spread it across ETFs, REITs, Gold etc). I'm 49 so I don't know how long I'll invest for (at least 10 years) but on the plus side I'm earning a (quite good) salary until the day I die so I can afford to invest some of it rather than keeping it because I know I'll get more money each fortnight. I'll also get that superannuation lump sum at 55 or 60 (I forget when exactly) which will be nice and I already have six figures in my HISA (a good chunk of which I will invest though).
You’ll get access to your super at 60 if you’re already fully retired. You’re still pretty young relatively speaking so plenty of time to invest still, awesome that you’ve retired already!
@@PorkChops_Johnson have a maximum of '3' ETFs [best to have just 2 ETFs], and only hold a maximum of '3' crypto coins (XRP, SOL, XLM) [best to have just 2 types of coins], and hold maximum 3 ASX or NYSE or Nasdaq shares (NIC, CVB, TEA [all are ASX codes]) [best to have just 2 separate stocks], plus you have your super as a backup (fall-back)
@@raymondla I think my super situation is a bit different to the standard because I discharged from the military and have a fortnightly pension for life. I can actually access all of my super now if I want to but at the moment I don't really have a need so I'm holding off on that. I've been told more about it by a fellow veteran but I can't remember the specifics.
Goal. be consistent in investing money towards my portfolio. However, my journey is fairly recent and i need to put more in as a beginner. I've look at my pool of cash and making large investments. if you had 50k, 100k etc in 2025? How would you split it?
GOAL, Raymond, such a good video. ever since watching your credit card videos me and my family have saved a lot of money so thankyou!! Im 20 living in Melbourne and wondering if I could somehow personally contact you weather email or phone number about how I can elevate my own wealth? keep up with the videos!!!
90% crypto 10% stocks over the past 5 years. Has given me my house deposit and bought me a car. Moving towards S&P500 ETFs moving forward and offsetting mortgage.
Seems like the risk has paid off! Solid plan to start moving towards ETFs and paying down the mortgage 👍
Really good content
I think you forgot to include the link for the vanguard questionnaire in the description.
It would help with the people who have the GOAL to invest and hopefully retire early like you are :)
I'd also like the Vanguard questionnaire please Raymond.
I’ve just updated the description! Thanks for the reminder 👌
good info
Hi Raymond my GOAL for 2025 is to invest in Bitcoin via the ASX VBTC ETF , about 5% of my portfolio , cheers Raymond
Gold
Raymond, thanks for your content.
I would love a video explaining how to do US tax forms/reporting after selling US shares as an Australia investor.
I want to know if it’s worth mimicking vanguard to maybe a top 20 shares in one of their ETFs.
Thanks!
Few things - currently (23/01/2025) in Australia to access you super you have to be age 65 & can be working still, or age 60 but must be 100% retired & not working. The super vs stockmarket investment scenario ~ with super the $10,000 becomes $8,500 and that is what gets put in the super account and that $8,500 will grow at usually at a rate of 5% to 10% to 15% (let's say as a general statement, it could get to 19% but also could go negative), but with a share the full $10,000 will get invested and then when you sell 45% of the profit will get taxed if you sell before 366 days of owing the ASX stock, but if you sell it after holding it for 367 days then the tax rate is 22.5% on the profit [growth amount], also a stock could double or triple or X5 or X10 in 367 days but usually a super balance will not. Also you may not live until age 65 either which is something to consider
For the super vs stock investment scenario, if you decided to invest outside of super you’d do that with after-tax income vs pre-tax via superannuation. This is why it results in only having $5,500 invested.
@@raymondla were you not talking about a $10,000 volunteer payment to your super from cash in your bank account [tax already paid]? and the $10,000 invested in stockmarket is also from bank account cash [tax already paid].
Even in your scenario (in your reply) - a stock has much more potential to grow even if sold under 366 days holding, and more money in pocket if held for more than 376 days (half capital gains tax) vs usual super growth.
There are 2 types of super deposits, consessional deposits and Non consessional deposits .Brian you are talking about Non connsessional deposits and Raymond is talking about consessional deposits .😉😉
Another good video Raymond, nice to see you mentioning Div 293 tax.
My GOALs for 2025 took a turn already. Worked moved me to an international contract, so for now I have to park most of my money into a high interest account until I can work out any potential Aussie tax to be paid and of course my own super.
Talking about that… have you any knowledge in regards to Money service businesses like Wise/Revolut? As they tend to offer better exchange rates and USD accounts.
That's exciting to be moving overseas though, I did it briefly early on in my career and loved every moment of it! I have used wise before personally, like you say they have some of the better exchange rates to transfer money.
Hi Raymond, my GOAL for this year is to get into investing heavily as I'm a complete beginner. So far I only have 10 IVV shares but want to buy significantly more than that (spread over 3-10 ETFs... what do you think is a good number of ETFs?). I was also considering buying REITs and Gold (and/or Silver). I also have a bit of Crypto (XRP, ETH, SOL). My Super situation is a bit tricky as I'm technically already retired and on a military pension which I get for life (plus a big chunk when I get to retirement age). Great video again, I'm learning a lot from you. 😀
Sounds like an interesting situation you've got yourself in, for trying to invest. If you are in technically in retirement, the goal would be more geared towards trying to keep your money rather than spending it, albeit in ETFs.
In my opinion, keeping the number of ETFs lower is better and easier to spread the money rather than trying to stretch it to a higher number, and more often than not, the other ETFs major holdings are the same ones (obviously depending on the ETFs that you choose). I personally, just invest in an all-in-one VDHG and not spread my money at all. Less brain power required to just invest in one and not have to calculate how much money I need for all other potentially 3-10 ETFs.
I'm not too well versed in retirement planning, but as long as the timeline is relatively long (20-30+ years) and you're consistent with it, then we should be ok with studies showing that the broader market has more often than not, returned a positive rate holding for 30+ years.
@@henriiez Yeah I see what you mean about keeping the number of ETFs lower. I have definitely left investing way too late in life but I suppose it's never too late. I put aside money into a HISA every fortnight which earns me 5.5% pa and I'll put another $500 into ETFs (or spread it across ETFs, REITs, Gold etc). I'm 49 so I don't know how long I'll invest for (at least 10 years) but on the plus side I'm earning a (quite good) salary until the day I die so I can afford to invest some of it rather than keeping it because I know I'll get more money each fortnight.
I'll also get that superannuation lump sum at 55 or 60 (I forget when exactly) which will be nice and I already have six figures in my HISA (a good chunk of which I will invest though).
You’ll get access to your super at 60 if you’re already fully retired. You’re still pretty young relatively speaking so plenty of time to invest still, awesome that you’ve retired already!
@@PorkChops_Johnson have a maximum of '3' ETFs [best to have just 2 ETFs], and only hold a maximum of '3' crypto coins (XRP, SOL, XLM) [best to have just 2 types of coins], and hold maximum 3 ASX or NYSE or Nasdaq shares (NIC, CVB, TEA [all are ASX codes]) [best to have just 2 separate stocks], plus you have your super as a backup (fall-back)
@@raymondla I think my super situation is a bit different to the standard because I discharged from the military and have a fortnightly pension for life. I can actually access all of my super now if I want to but at the moment I don't really have a need so I'm holding off on that. I've been told more about it by a fellow veteran but I can't remember the specifics.
Hey Raymond how’s future prospect for investing in digital or physical gold ?
Not something that I've looked into at all, so don't have much of an opinion on it unfortunately
Goal. be consistent in investing money towards my portfolio.
However, my journey is fairly recent and i need to put more in as a beginner. I've look at my pool of cash and making large investments.
if you had 50k, 100k etc in 2025? How would you split it?
Consistency is definitely key when it comes to investing, so great plan!
Unsubscribed to your channel when you said crypto. That crap IS WORTHLESS
Rant !
Scammer
GOAL,
Raymond, such a good video. ever since watching your credit card videos me and my family have saved a lot of money so thankyou!!
Im 20 living in Melbourne and wondering if I could somehow personally contact you weather email or phone number about how I can elevate my own wealth?
keep up with the videos!!!