Saturday 19 January 2019

Bought some Vanguard ETFs

As I had reduced my geared stock portfolio significantly in mid-2018, I decided the time might be right to invest a bit more in the stock market given the recent market weakness and slight recovery. I decided to buy some VAS , VSO, VSIM and VGAD ETFs. Altogether I invested about A$17,000 using my Comsec margin lending account. I'm planning on leaving this investment in place for about ten years, over which timeframe the total return will hopefully exceed the interest costs (currently around 6.6% pa).

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