Here Are The Best ETFs To Become A Millionaire!

[@rileyalderson8613]

$1mil in 30 years won't even get you a deposit on some of the cheapest units in Australia.

[@SectorUpTrend]

I trade 80% of my Portfolio in the Commodity space. The other 20% I do entire amount in NDQ. Jasmine being young will be the proud owner of Companys she uses every day. Out performs S&P.

[@international_dividend]

Fellow Aussie boys... nice to find you here

[@nickpollockpiano]

What about asx: ivv ?

[@nickpollockpiano]

Vgs has fees of 0.18% compared with ivv 0.04%

[@nickpollockpiano]

But I guess vgs is far more diversified

[@lachlanmckillop1314]

What is the harm in spreading your investment over multiple say 6-10 ETFs? Wouldnt it be safer than investing into only 1?

[@s4m130]

I think so. Robos must do it for a reason. Then you can get geo diversification

[@lukeylanguages2343]

It depends on what the ETFs are. A lot of ETFs cover similar things, so holding multiple with too much overlap can cause you to pay more over the long term via fees. They have an episode about EFT overlap which covers this stuff too I’m pretty sure .

[@s4m130]

@@lukeylanguages2343 but fees are just proportional right?

[@gav00]

What about people who don’t want index as it invests in unethical companies that make the world worse to live in. What do you think about ETHI which is also beta shares that has returned 16% over 5 years, hasn’t been around 10 years yet

[@robsalvv5853]

Interesting vid. The 23yo is looking to build a nest egg for her 50’s using after tax money. Good on her! (I wish I had been as smart at her age) She will be able to coast FIRE through her 50’s if she sticks with it. The show appears to have conflated this nest egg goal with classic retirement by referencing ASFA’s retirement standard - a guide that relates to a retired 67yo who owns their own home and has the balance in the tax advantaged Super environment, so it is not really relevant to her goal. If she is trying to build a balance for a self funded early retirement (until such time as she can access her super), then $1m is a worthy goal. It should be able to fund a good number of years of early retirement before she then accesses her super. The focus on growth ETFs is right too from the tax point of view, as it will limit dividends / distributions along the way, so limit her tax burden over the majority of her earning years. Better to delay the tax implications until later in life when she starts selling down the investment and the CGT kicks in.

[@S14AA]

Asf retirement figure of 595k is for what age ? Retire at ? 65 ?

[@pauldickey5322]

NDQ ETF?? has volume & the returns Plus JPEQ listed recently on the ASX both are tracking the USA versions QQQ & JEPQ years of data to support them

[@YourFrienjamin]

NDQ is my core ETF

[@mattduin7144]

Im in NDQ and its going gangbusters

[@s4m130]

It's boom and bust in that tech index

[@gothops2632]

A million dollars in 30 years will be a trivial amount. It might last you about 5-7 years.

[@international_dividend]

That's what they said thirty years ago too...

[@CorZ1lla]

Just buy DHHF

[@l33tr4n55]

Learn how NOT to pay 1M$ in taxes > you might be a Billionaire :D

[@tonyhunter1903]

What’s a million dollars?

[@brendand9721]

Are you guys sponsored by Betashares?

[@MichaelTsakirellis]

This is such a payout to betashares - sorry boys. Generic advice - True Inflation is at the level of the 14% ROR. You aren't actually making money - you are not even breaking even for inflation.

[@themaayte]

how else could you beat inflation? what asset would outperform inflation if its at 14%?

[@MichaelTsakirellis]

Why not Bitcoin?

[@themaayte]

@@MichaelTsakirellis Because volatility and the lack of intrinsic value. Is your alternative to just keep all your money in the bank?

[@robsalvv5853]

True inflation is 14%??????? Say what now????

[@__J____ff]

@@themaayte how would you beat inflation ? the answer is quite simple - your measure real inflation by comparing the price of milk which is a daily produce. If you already have an inner city unit (not a house with a garden) then the price hasn't changed in 10 years in Melbourne for apartment units. There's your answer mate.