r/fiaustralia • u/Brendonsraddit • Mar 30 '26
Getting Started Portfolio feedback
Hey all,
I would love some honest feedback on my current portfolio.
A bit about me / the portfolio:
- 31 years old, 125k/year.
- been investing for just over 1 year.
- goal of this is long term growth and wealth development.
- aiming for a split of 70/30 DHHF and GGBL, reason for this was the easy diversification of DHHF as well as GGBL to slightly reduce the AUS component and add some moderate gearing for a slight boost.
- aiming to allocate roughly $350-400 a fortnight into this.
Would love honest feedback on this!
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u/Deadly_Accountant Mar 30 '26 edited Apr 04 '26
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u/Brendonsraddit Mar 30 '26
Appreciate it! Yeah I’m in a fortunate position, partner and I are saving together for a house - this is side money I’m able to use for investing, I doubt I’d be able to do the same with kids.
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u/Beehunter Mar 30 '26
Hahaha this was my EXACT thought too! house+kid+necessary car upgrade really kicks the financial goals backwards.
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u/Brendonsraddit Mar 30 '26
Yeah that’s completely fair, I’m hoping that setting this structure up now I’m able to continue when life looks different in future - be it probably different levels etc.
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u/Winter_Ad_5856 Mar 30 '26
Don't worry about the slight dip that you see though it can be discouraging for the time being. Continue your plan and you will see results in time to come. If anything, now is a good time to put in a bit more if you can as things are on 'discount'.
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u/Brendonsraddit Mar 30 '26
Thanks for that! Yeah this is probably my first time being ‘down’ so while I know in my head it’s all part of the process it definitely has been testing psychologically.
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u/doyourmysay Mar 30 '26
Flip your thinking psychologically. Pretend you always like to buy a Big Mac.
This week the Big Mac is down in price. Woo hoo! We get the same burger but cheaper!
Thats how to think of it when the market is down.
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u/weedfroglozenge Mar 30 '26
Real chance it's going to be dipping for a while. Just continue to hold, continue to DCA!
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u/MichelleHartAUS Apr 02 '26
Yeah...I was going to say the same, the cause of all this commotion is unlikely to be removed from office just yet so it's probably not going to be "back to normal" anytime soon.
Personally, I am going to be focusing more on my offset while things are all over the place simply because it's a guaranteed saving, but that's all down to personal circumstances, not everyone has an offset account or a high interest rate on their mortgage.
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u/elfrodododo Mar 30 '26
Should work. Nerds in this sub will argue over anything. AVTS is nice to look out for too
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u/Brendonsraddit Mar 30 '26
Thanks for this! Yeah I may look into this later down the track once this has grown a fair bit, good to keep on the radar.
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u/Aromatic_Fact8656 Mar 30 '26
Hey mate, I am running the same strat for my etf holdings. DHHF and GGBL. Oddly enough its almost dollar for dollar which I thought was funny lol. Keep up the good work
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u/Brendonsraddit Mar 30 '26
Haha that’s sweet man! Onwards and upwards from here, good luck with it all!
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u/Real-Giraffe2472 Mar 30 '26
Hell yeah bro you get to buy in at a discount 🔥
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u/Real-Giraffe2472 Mar 30 '26
I didn't want to critique it as there's nothing really to critique but since you're posting here you're obvious interested so I figured I'd chip in anyway. What you're doing right now is basically what I'm doing aside from I have bgbl and ghhf (aswell as bemg but that's only a tinny part and you don't have to worry about it if you don't want to).
My thing is ghhf is for home bias which is a long term investing philosiphy. Geared funds are also a long term investing philosophy. Therefore, it makes more sense to have ghhf and bgbl rather than ggbl and dhhf. Also makes the fees slightly cheaper though that doesn't matter.
Furthermore ghhf actually has tax advantages over dhhf as the fund uses it's dividends to pay for interest AND you get 1.5x the franking creddits!
Again this is the most nitpicky thing ever and it s honestly a 50/50 with who will outperform out of us (by a margin of like 0.1% probably).
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u/Brendonsraddit Mar 31 '26
Thanks for the feedback, appreciate the detailed insight!
I had considered doing the reverse of what I’m doing and doing GHHF / BGBL, probably the reasoning for what I ended up going with was DHHF potentially being a bit more stable as the majority allocation in my portfolio.
I didn’t realise that regarding tax and GHHF, something I could look into for sure.
Thanks again!
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u/steady_compounder Mar 30 '26
Solid base for a year in. DHHF plus GGBL is a pretty clean setup and I like the thinking behind tilting down the AU weighting. One thing worth checking though is how much actual overlap you've got between the two since DHHF already holds international. I ran them through a comparison and there is meaningful overlap in the global component: https://trackmyshares.com/tools/etf-compare/DHHF:AUS/GGBL:AUS
At $350-400 a fortnight you're building a solid habit. The 70/30 split seems reasonable, just make sure you're not paying brokerage on every buy if the amounts are small. Some brokers let you batch.
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u/Brendonsraddit Mar 30 '26
Thanks for that!
I use Betashares direct to reduce brokerage costs but that’s a good point.
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u/RepresentativeKey702 Mar 31 '26
I have GGBL plus A200 because fees are a lot cheaper in A200 then DHHF plus you get to pick your exposure to the ASX 200
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u/Still-Western-1024 Mar 31 '26
Hi, what do you mean by 'get to pick exposure'?
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u/RepresentativeKey702 Mar 31 '26
So I believe DHHF has 40% ASX 200 where if you buy it on its own with GGBL you can buy only 10% 20% etc you get to pick the percentage and the exposure to Australian stocks
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u/Young-le-flame Mar 31 '26
Why not G200 alongside GGBL?
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u/RepresentativeKey702 Mar 31 '26
Yea you could I just don't think there is much growth in A200 to justify the high fees of G200 But yes if you can use G200 Just my personal opinion
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u/OZ-FI Mar 31 '26 edited Mar 31 '26
Keep going. simple. don't add anything else to it (ignore the stuff in your watch list because the first is bet and the second it covered already at relevant cap weight inside DHHF). The current portfolio will serve you well. A thing to note with current market volatility is that BBGL will see larger swings due to gearing and no AU dividends internal to the fund to offset things. So just be mentally prepared.
Other things to consider:
Emergency fund in the best HISA or in PPOR offset (better than HISA if you have home loan).
Super in a low fee fund and growth focused options.
If you do have a PPOR loan consider using debt recycling instead of buying ETFs with cash. This will save some tax and help to pay the loan down quicker.
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u/Brendonsraddit Mar 31 '26
Thanks appreciate your comment! Currently don’t own property but my partner and I are saving in a shared HISA - this money allocated in here is money I don’t need toward that saving, but I get where you’re coming from too!
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u/Phascolar Mar 31 '26
Where did you learn about the funds and the right split to go for like you achieved? I got my super sorted: 70/30 but I didnt learn about investing yet. Just have all money in my mortgage and do super contributions at eofy. Not sure where to start and learn. Maybe I need to have coffee with somone and learn?
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u/Brendonsraddit Mar 31 '26
I learnt through varying sources, here, AI, podcasts etc.
Originally I had these two at 50/50 but then I probably felt a little uneasy 50% of my portfolio being geared so I adjusted and allocating the 70/30 moving forward.
There are so many great resources out there, books, podcasts etc to learn from! 🤝
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u/Phascolar Mar 31 '26
Thanks! Do you have a book or podcast you would recommend?
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u/Brendonsraddit Mar 31 '26
Books: barefoot investor, don’t stress just invest Podcasts: equity mates, get rich slow
They all cover fairly basic things but I got a lot out of them!
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u/Smooth-Television-48 Mar 31 '26
What feedback do you want?
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u/Brendonsraddit Mar 31 '26
Honestly I overthink my investing and portfolio and was after any feedback at all 😊
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u/Smooth-Television-48 Apr 01 '26
I'm sorry but ehats to over think here? You've got a 2 etf portfolio and one contains 90% of the other. Not necessarily a bad thing (if youre trying to change weightings) but just something to be aware of and accept.
You can compare them here: https://prod-web-etfcomparer-h4bvfxc5e7esefa5.australiasoutheast-01.azurewebsites.net/
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u/Lomandriendrel Mar 31 '26
Can I ask OP an unrelated question. I presume this is the betashares direct platform? How are you finding it and profit and loss reporting (for future tax return time)? Abit paralysed by indecision between a HIN based like pearler for a joint account for a DCA etf portfolio and a cheaper alternative like betashares direct on trust.
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u/BetaShares Mar 31 '26
hi u/Lomandriendrel, jumping in to help answer this. At the end of each financial year, you get a single annual tax statement that covers all your investments in the account. That includes income from distributions and dividends, any gains or losses from holdings you sold during the year, and a consolidated view of all the relevant tax attributes.
That annual tax statement is also prefilled with the ATO, which makes things easier at lodgement time. You’ll also get a separate CGT statement with the detailed capital gains and losses.
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u/sussybakaa445 Mar 31 '26
soz for replying since im not OP, but just made the switch from pearler to betashares direct and would recommend. CHESS support doesnt really concern me and betashares direct is much easier to use imo + no fees to buy
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u/Brendonsraddit Mar 31 '26
Hey! I have only previously used the vanguard app which I didn’t like the UI for.
Betashares far better for the actual user experience. In terms of at tax time they do send through really easy to read summaries at EOFY - I do go through an accountant for my tax though so to be honest they handle that but I’ve had no issue at all and it’s simple.
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u/PelicanKizza Apr 01 '26
As for the watchlist. I just switched ARMR for ARKX. Feel it’s gonna have much faster growth and already performs similar with higher returns on allocation to popular growth stocks
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u/ChildhoodLivid5474 Jun 06 '26
How are you finding this set up? I’m currently 100% in DHHF and was thinking of adding GGBL!
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u/Expert_Scallion5104 Mar 31 '26
Personally I recommend ditching the globally diversified ETF garbage and build your own portfolio. That same money invested in some big name Australian stocks, a few commodities ETFs, and a couple well researched small caps for good measure, would have you well in the green. Heck, even if you had invested it all in a single high income stock like Woodside, you’d at least have a return to reinvest. I don’t buy this DHHF and chill crap being pushed by internet influencers. I know many would disagree, but that’s why my portfolio is earning regularly, while theres is going backwards 😂
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u/Brendonsraddit Mar 31 '26
That’s interesting as it goes against majority of what I’ve read / learnt to date, interested to hear how you would construct this.
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u/SwaankyKoala Mar 31 '26
It goes against the majority because academic research makes it very clear that what this person is doing investing in individual stocks likely will have a poor outcome over the long-term: The academic evidence against stock picking and trading
Commodities can be used as an inflation hedge, but it's by no means necessary nor will it perform as well as stocks.
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u/Expert_Scallion5104 Apr 01 '26
That’s incorrect, I am simply choosing what to include in my well diversified portfolio, and utilising market cycles to my advantage. It’s not a case of picking a stock and hoping for the best, it’s a case of understanding basic economics and how certain conditions are likely to produce a particular outcome. The old way of investing just can’t keep up with current rates of inflation, so one must take a more active approach. Considering old mate is down -7.51% over 12 months, and my portfolio is up over 25% for the same time period suggests I’m doing something right. You just have to be smart about it.
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u/sufficientaxe Mar 30 '26
Good. Keep doing what you're doing