I have been lurking on this forum for a few weeks now, I have been taking a keen interest in reading about investing for almost a year now. This is my liquid cash I have set aside for investment. My annual wage is not taxed and as such my investments would be my only taxable earnings.
Age: 29 Country: Australia Status: Single Wage: $100,000-$200,000 Amount to invest: $1,000,000
I have already set aside two years living expenses in cash as an emergency fund.
Currently this is my plan:
10% into physical silver 10% into bitcoin 40% into Vanguard US Total Market Index ETF (VTS.ASX) 20% into Vanguard All-World ex-US Shares Index ETF (VEU.ASX) 10% into Vanguard Australian Shares Index ETF (VHY.ASX) 10% into Vanguard FTSE Emerging Markets Shares ETF (VGE.ASX)
I know that the silver and BTC may be considered a little speculative, especially in contrast with the Vanguard Index funds. I am somewhat bearish on the Australian market given our relationship with China so did not want to invest too heavily locally. I am also considering VIX over some BTC. I am going to value average in.
My saving account was recently cut down to 4% which was the real prompter for me to finally make a strong move regarding my retirement. Up until then all I did was study and read about the economy without any actual plays of my own.
My strategy is for the longterm and I won't be taking money out of it any time soon.
Thankyou for any and all help, it is greatly appreciated.
