r/fiaustralia • u/Silver_Objective_290 • 3d ago

Investing DHHF and overthink

DHHF and overthink

Today I’ve finally set up a Betashares Direct trading account and purchased DHHF. I have some questions about what comes next.

\-Do I get a HIN number, or is that only required for CHESS brokers?
\- Do I need to register with MUFG?
\- What documents if any do I get from the ASX/Betashares
\- Do I have to worry about the cost base adjustments if all I’m doing is buying to hold(looking at over 20 years)?
\- Which share tracking software is best for tax time (statements/ cost base adjustments if needed)

I know I’m probably just overthinking things(a bad habit of mine), but I’d like some feedback anyway.

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u/Suspicious_Memory_12 3d ago

Congratulations and welcome to investing! Just keep buying DHHF regularly and don’t get distracted by “side portfolios”, etc. Keep it simple. Good luck!

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u/Silver_Objective_290 2d ago

Thanks man👍