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Advisable funds to Invest in Australia

Discussion in 'Exchange Traded Funds (ETF)' started by DInvestor, 23rd Mar, 2019.

  1. DInvestor

    DInvestor New Member

    Joined:
    7th Oct, 2018
    Posts:
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    Location:
    Sydney
    Hi All,

    I am sort of a newby and currently hold various ETFs with Stockspot but looking also into spread to other funds providers.

    Has someone been investing for years with any that can recommend?

    I am contenplating investing in botht the growth and income portfolios of this provider:
    Investment Share Portfolio

    It all looks great on paper, well established for years, etc, but I want to also check on your experience.

    Look forward to your hints/tips.

    Thanks!
     
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  2. twisted strategies

    twisted strategies Well-Known Member

    Joined:
    3rd Nov, 2013
    Posts:
    1,031
    Location:
    QLD
    welcome to InvestChat

    i have only been investing since late 2010 ( so really only a novice as well , i think you need to survive at least two major crashes before you call yourself a veteran investor )

    ETFs to the exclusion of LICs/LITs , REITs and individual shares ???

    ETF & LIC GUIDE - ETF

    Find A Fund - ETF

    i would suggest each has it's place and purpose ( and time to shine )

    currently we are in a 'bull market' ( in most nations ) and a rising tide lifts all boats is an appropriate phrase .

    the HARD part is all these presentations look good on paper ( even to experienced investors )

    selective performance parameters , total returns vs inflation adjusted yields , so many ways to dazzle you with figures ... how about digging out a calculator and crunching the numbers YOUR way ( coal is fine for me i will probably be dead in 20 years , but solar , wind and batteries might be better for you )

    ( when the future is nearly always fuzzy , so past performances are not an accurate prediction of future results )
    and the most boring ( habitual under-promisers ) usually beat your expectations

    what to invest in next ???

    how about extra time in learning and research .

    UK Home | Investopedia

    has a wealth of knowledge ( costing only time and download )

    wade though the posts here ( several old sources/link might still be useful as might those glimpses of wisdom from the pre-GFC era ( before 2008 )

    history often rhymes ( not exactly the same but close enough to learn from )

    good luck !!

    learning is GOOD even if you go the professional advisor path ( if it is all jargon and cliches to you , how will you know you have a good advisor , not just a polished salesman )
     
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  3. DInvestor

    DInvestor New Member

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    Location:
    Sydney
    Thanks, great sources. For Financial Advisors in AU do you know any good website too. Hard to find who to trust...
     
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  4. twisted strategies

    twisted strategies Well-Known Member

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    Posts:
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    QLD
    they just finished a Royal Commission that highlighted how difficult that can be .

    try to learn about shares/ETFs first and ALSO work out a plan of what you want to achieve ( financially ) in 10 , 20 and 30 years time

    so you can tell if the advisor is giving customized advice , or just generic product placement ( ASIC won't have culled all the bad eggs )

    the RC found bad advisors in the major banks , AMP , several specialist wealth managers , and several small firms all as a side-event in a year-long investigation into into BANKING conduct

    here is a list of some known bad advisors ( they might be now working for somebody else )
    Banned and disqualified people | ASIC - Australian Securities and Investments Commission

    with ETFs read all the mind-numbing documentation .. THEY ARE ALL DIFFERENT in small but important ways ( some that will be unhelpful to you and some have a golden edge )
     
  5. DInvestor

    DInvestor New Member

    Joined:
    7th Oct, 2018
    Posts:
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    Location:
    Sydney
    Thanks for sharing your opinion and alert.

    Been screwed with bad advice before from ANZ. Best way to protect is via education and forums/ask around and get own opinion and test.

    I am happy with Stockspot and I like their approach and how they spread my ETFs into 6 or more different and to also include AU, international Bonds and Gold, but dont see much value putting all in in 1 strategy.

    I think for ETFs I am going to pick some Robo-Adviors and spread even more:
    Robo-Advisor, SMSF & Automated Investment | Six Park
    Clover | Financial Advice and Personal Investing

    I'd rather pay the fees and having them doing the picks (sometimes they switch EFTs) and rebalancing as its not my expertize or skill.

    I am very interested about also getting some LICs and Reits in my portfolio, which you all talk about. I wonder that if similar to ETFs and Robo-advisors is there such that does the same for LICs and Reits (e.g. picks the mix, monitors, buys on top up and reinvests)?
     
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  6. twisted strategies

    twisted strategies Well-Known Member

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    Location:
    QLD
    i was given some conflicted advice by CBA but was smart enough to realize it was vanilla product placement ( including Commsec share-packs containing CBA shares )

    so decided to be bold and do it myself .

    to me Robo-advisers don't seem to be an entire solution , just a time-saver to point you at a real advisor who is more likely to be well-learned in the best assets you should invest in .. think of it as a computer receptionist/customer allocator
    now LICs ( and REITs ) have real fund managers in charge ( which can be a good or bad thing ) one risk in these is KEY PERSON RISK for example i had some money in Hunter Hall ( HHL ) and one of his funds ( HHV ) , now Peter Hall was a contrarian investor ( goes against normal trends ) and had some big wins , but many investors expected big wins EVERY YEAR so caused quite a fuss when Peter didn't deliver spectacular returns a couple of years ... so Peter was retired ( or pressured out ) and PCG took over ( and HHV changed into PIA ) ( i still hold both ) now the new management has NOT equaled Peter Hall at his best , but has not had similar bad years ,yet , but then the new management takes less risks also , but haven't reduced their fees much either

    ( yes i had a lot of respect for Peter and was patient rather than angry , unlike several other shareholders )

    LICs ( and REITs ) give the manager to change strategy CAM for instance was a conservative Australian focused LIC but saw the need to change ( temporarily ??) and added international shares and small smaller Cap. shares ( FKP changed into AOG just to show not all change is good for the retail investor )

    Find A Fund - ETF

    do you need to re-balance ??? would placing EXTRA cash in a specific area be better for you

    currently i am watching 'safe-havens ' ( to buy ) but NOT looking to take profits on investments that have already run hard .( so any buys will be with new cash , not recycled profits )