tag:blogger.com,1999:blog-313506662026-04-08T19:43:30.760+10:00The ups and downs of trying to accumulate a seven-figure net worth on a five-figure salary, loose weight, get fit, do a post-grad course and launch a financial planning business - while working full-time.enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.comBlogger1842125tag:blogger.com,1999:blog-31350666.post-44503384898398251362026-04-01T21:59:00.002+11:002026-04-01T21:59:16.461+11:00

Chart updated to end of MAR in sidebar.Who would have guessed that possibly starting WWIII and creating a 1970s style oil shock to cause a global recession/Greater Depression could be bad for everyone's finances :) Apparently everyone except POTUS and MAGA voters it seems.... Ah well, now for the exciting March performance data:Stocks/cash decreased -$10,502 (-2.19%) to $469,277. This was

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com0tag:blogger.com,1999:blog-31350666.post-33434431777175613572026-03-04T22:21:00.000+11:002026-03-04T22:21:01.547+11:00

I finally got around to updating my sharesight portfolio tracker with my latest quarterly Investment Bond contribution transactions (processed on 17 Feb). Currently the quarterly contribution is around $1,825 each quarter, and I will continue to increase this by 125% annually until it reaches $50Kpa (which is approximately what my 'surplus' tax-free self-funded pension income will be). In the

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com2tag:blogger.com,1999:blog-31350666.post-66975389245607331572026-03-02T22:36:00.002+11:002026-03-02T22:36:28.436+11:00

Chart updated to end of FEB in sidebar.Stocks/cash decreased -$7,981 (-1.64%) to $479,779. Retirement savings (SMSF etc.) increased by +$33,292 (+1.44%) to $2,338,610. No contributions made this month.Est. valuation of our home (my half) increased by +$23,320 (+1.83%) to $1,295,556. The estimated value of the 'Other real estate' (my 'lake house' and the investment apartment) increased by +$

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com0tag:blogger.com,1999:blog-31350666.post-8736839388692231602026-03-02T16:08:00.000+11:002026-03-02T16:08:04.752+11:00

When I logged in to check my monthly EOM IBKR account position, I was notified that there was an offer to increase individual account margin loan limit from $50K to $150K. I decided to accept the increased limit as I plan on eventually using this account (when I am 67) to invest 'cheap' money I get loaned by the Australian government via the Home Equity Access Scheme (HEAS) - which which will

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com0tag:blogger.com,1999:blog-31350666.post-30318787109016329792026-02-03T01:12:00.000+11:002026-02-03T01:12:21.971+11:00

Chart updated to end of JAN in sidebar.Stocks/cash increased +$4,818 (+1.00%) to $487,760.Retirement savings (SMSF etc.) increased by +$5,121(+0.22%) to $2,305,318. No contributions made this month..Est. valuation of our home (my half) increased by +$27,725 (+2.23%) to $1,272,236. The estimated value of the 'Other real estate' (my 'lake house' and the investment apartment) increased by +$41,282 (

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com0tag:blogger.com,1999:blog-31350666.post-56872788835468094052026-01-03T19:33:00.000+11:002026-01-03T19:33:16.969+11:00

Chart updated to end of DEC in sidebar.Stocks/cash decreased -$4,121 (-0.85%) to $482,942.Retirement savings (SMSF etc.) increased by +$4,854+0.21%) to $2,300,197. As I am currently unemployed/retired and the 'guaranteed cashback' value of my QSuper pension accounts decreases regularly due to monthly pension payments. There was one small additional employer contribution adding to the balance,

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com0tag:blogger.com,1999:blog-31350666.post-81312337887648150172025-12-02T01:19:00.001+11:002025-12-02T01:19:38.138+11:00

Chart updated to end of NOV in sidebar.Stocks/cash decreased -$11,265 (-2.30%) to $487,063.Retirement savings (SMSF etc.) decreased by -$20,392 (-0.88%) to $2,295,343.As I am currently unemployed/retired there are no contributions adding to the balance, so this decrease was due to both market losses and the small monthly decline in the 'guaranteed cashback' value of my QSuper pension accounts (

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com0tag:blogger.com,1999:blog-31350666.post-64565484951315439022025-11-03T23:36:00.003+11:002025-11-03T23:36:53.613+11:00

Chart updated to end of OCT in sidebar.Stocks/cash increased $5,107 (+1.04%) to $498,825.Retirement savings (SMSF etc.) increased by $32,525 (+1.42%) to $2,315,735.As I am currently unemployed/retired there are no contributions adding to the balance, so this increase was due entirely to market gains (minus the small monthly decline in the 'guaranteed cashback' value of my QSuper pension accounts

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com0tag:blogger.com,1999:blog-31350666.post-72156952111455009272025-10-02T15:46:00.003+10:002025-10-02T15:46:24.228+10:00

Chart updated to end of SEP in sidebar.Stocks/cash decreased -$3,155 (-0.64%) to $493,421. Mostly due to stock market and the negative gearing property investment impact on my cash flow.Retirement savings (SMSF etc.) increased by $26,156 (+1.16%) to $2,283,210.As I am currently unemployed/retired there are no contributions adding to the balance, so this increase was due entirely to market gains (

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com0tag:blogger.com,1999:blog-31350666.post-42807889893977093412025-09-01T22:44:00.001+10:002025-09-01T22:44:31.026+10:00

Chart updated to end of AUG in sidebar.Stocks/cash increased $1,397 (+0.28%) to $496,576. My monthly pension from QSuper commenced during the month, which should cover the bulk of my basic living expenses. The negatively geared investment property will be a net cash sink each month, so this figure will likely slowly decline during the year, until I make my annual minimum required withdrawal from

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com0tag:blogger.com,1999:blog-31350666.post-41167866338209351902025-08-01T22:33:00.000+10:002025-08-01T22:33:30.946+10:00

Chart updated to end of JUL in sidebar.Stocks/cash increased $202,199 (+69.01%) to $495,179. This was mostly due to receiving a large payment for redundancy and accumulated annual and long service leave. I will keep about six months of basic budget requirement ($25K) in my credit union savings account, and the rest of the cash will be sitting in my investment mortgage offset account to reduce the

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com0tag:blogger.com,1999:blog-31350666.post-48012157056252415082025-07-25T16:22:00.004+10:002025-07-25T16:22:35.104+10:00

Well, sort of. Most of the tasks that comprised my usual workload had been automated during the past year, so my current position was made redundant. There were a range of alternative positions that I could have 'applied' for, but none were really of great interest to me, or a good fit for my skill set and qualifications. It also made little sense financially to continue working rather than

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com2tag:blogger.com,1999:blog-31350666.post-12111103508306711422025-07-01T20:27:00.003+10:002025-07-01T20:27:25.774+10:00

Chart updated to end of JUN in sidebar.Stocks/cash increased $11,153 (+3.96%) to $292,980. My IBKR margin loan facility was finally approved, so transferred in $50K from my mortgage offset account and I bought some VDAL and VVLU ETF units in my IBKR account using a small amount (about $16K) of leverage. The trade fee for buying about $66K of ETF units was about $60.Retirement savings (SMSF etc.)

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com0tag:blogger.com,1999:blog-31350666.post-56769359184357486592025-06-02T21:48:00.000+10:002025-06-02T21:48:29.178+10:00

Chart updated to end of MAY in sidebar.Stocks/cash increased $7,015 (+2.55%) to $281,827 but a large part of that increase was the bi-annual allocation of employee shares via the ESPP. I bought some VGAD and VVLU ETF units in my Vanguard Personal Investor account. I will 'rebalance' to my target 80:20 allocation via any future purchases (by varying the ratio of VGAD:VVLU units I purchase in each

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com0tag:blogger.com,1999:blog-31350666.post-71227246358921404522025-05-27T21:23:00.001+10:002025-05-27T21:23:33.155+10:00

I thought I would setup a trading account with IBKR, with the intent to simply use it in future to make regular purchases of VDAL ETF units and making use of their advertised low-rate margin lending.Turns out it was a total waste of my time and effort. In summary:My wife already had an (unused so far) account with IBKR and sent me a 'referral' link, so I decided to sign up and test things

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com4tag:blogger.com,1999:blog-31350666.post-19708422762056877032025-05-14T16:46:00.001+10:002025-05-14T16:46:24.725+10:00

It is a bit pointless comparing how our SMSF has performed relative to others, as "it is what it is" to some extent. I can't jump into my time machine and change a decision made 15 years ago! But if our SMSF performance had been woeful, it might indicate that a change could improve future prospects. Fortunately our SMSF performance doesn't seem too bad -- at least in comparison to the median

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com1tag:blogger.com,1999:blog-31350666.post-20026103042454871292025-05-05T17:50:00.000+10:002025-05-05T17:50:27.603+10:00

I was bored and clicked on a link to an MSN watchlist idea re 'Large-cap Growth'. It consists of five companies (WiseTech Global, Fisher, Paykel Healthcare, Xero, Pro Medicus and REA Group). The 1-year return was +42.59% and a quick glance at the 5-year chart shows +317.11% growth, and for maximum available historic performance (since 2016) +1,848.25%. Past performance is not an accurate

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com0tag:blogger.com,1999:blog-31350666.post-84827990097804503152025-05-01T22:07:00.001+10:002025-05-01T22:10:21.330+10:00

Chart updated to end of APR in sidebar.Stocks/cash increased $30,838 (+12.64%) to $274,812 but in reality the investments ended the month in a similar position as at the end of last month (despite the large Trump tariff induced panic and recovery during the month) - the change in my stocks/cash figure was due to a combination of withdrawing $20K from my mortgage offset account to make a monthly

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com0tag:blogger.com,1999:blog-31350666.post-40601451130385275512025-04-01T23:33:00.000+11:002025-04-01T23:33:44.815+11:00

Chart updated to end of MAR in sidebar.Stocks/cash decreased -$22,350 (-8.39%) to $243,974 but this decline was exaggerated in relation to market movement as I withdrew $20K from my mortgage offset account to make a monthly non-concessional contribution into super, which impacted the cash component of this figure. I will do a similar contribution every month for the rest of the FY, so I max out

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com0tag:blogger.com,1999:blog-31350666.post-38521549167631972122025-03-03T21:20:00.000+11:002025-03-03T21:20:00.063+11:00

Chart updated to end of FEB in sidebar.Stocks/cash decreased -$9,279 (-3.37%) to $266,324 but this was actually a positive month as I also withdrew $20K from my mortgage offset account to make a monthly non-concessional contribution into super, which impacted the cash component of this figure. I will do a similar contribution every month for the rest of the FY, so I max out the NCC cap for this

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com0tag:blogger.com,1999:blog-31350666.post-3099986017288792412025-02-03T23:01:00.000+11:002025-02-03T23:01:58.559+11:00

Chart updated to end of JAN in sidebar.Stocks/cash decreased -$15,072 (-5.19%) to $275,603 but this was mostly due to my using $20K from my mortgage offset account to make a non-concessional contribution in super. I will do a similar contribution every month for the rest of the FY, so I max out the NCC cap for this FY, as I will have a $0 NCC cap in future years (probably) due to my TSB being too

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com0tag:blogger.com,1999:blog-31350666.post-30218334491770649212025-01-31T13:55:00.001+11:002025-01-31T13:55:17.500+11:00

As posted previously, when I reach 'Age Pension age' (67) I plan on making use of the Home Equity Access Scheme (HEAS) to obtain a loan of 150% of the Age Pension rate each fortnight (about $840 per fortnight), and dollar cost average into a 50:50 mix of VGAD (the Vanguard MSCI Index International Shares (Hedged) ETF) and the new ALFA (the VanEck Long-Short Complex ETF). The interest on a HEAS

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com0tag:blogger.com,1999:blog-31350666.post-47203115071887196382025-01-03T01:27:00.000+11:002025-01-03T01:27:01.572+11:00

Chart updated to end of DEC in sidebar.Stocks/cash decreased -$18,263 (-5.91%) to $290,675 but this was mostly due to my using $20K from my mortgage offset account to make a non-concessional contribution in super. I will do a similar contribution every month for the rest of the FY, so I max out the NCC cap for this FY, as I will have a $0 NCC cap in future years (probably) due to my TSB being too

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com0tag:blogger.com,1999:blog-31350666.post-58172812248962192582024-12-15T11:24:00.001+11:002024-12-16T00:48:40.173+11:00

The two main contribution types that can be made into superannuation are concessional contributions (CC) and non-concessional contributions (NCC). Concessional contributions are those that have the 15% contribution tax applied to a 'before tax' amount of income contributed into superannuation -- eg. Superannuation Guarantee (SG) paid by the employer, any salary sacrifice amount, and any amount of

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com0tag:blogger.com,1999:blog-31350666.post-79548299937678271122024-12-03T20:25:00.001+11:002024-12-03T20:25:26.098+11:00

One of the factors to be considered when planning for how long your retirement savings might need to last, is to consider both life expectancy and healthy life expectancy. The World Health organisation has published some data on Life expectancy and Healthy life expectancy by country. For retirement planning purposes it is also important to look at these figures at age 60, not 'at birth'. The

enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.com0