EFI Asset Assessment for APR24

EFI Asset Assessment for APR24

In preparation for JUN24, we’ll take a closer look by each asset category.

For EFI, we have 152K, of which 45K is in Cash, leaving 107K invested. Utilizing the HY ex-dividends for banks, that’s MAY and AUG, and MAY again. That’s Buy DCA at 3x. For DY of 3.5%, that’s about a 10% drop in price upon distribution, excluding market volatility. 10% of 10K=1K discounted per fund. Our DCAs are at 2.75K, so 3x+1x on trading volatility = 11K. Hopefully our APP will lower by about 7%, so that we can keep our DFC% at 1%+ higher than our target DFC%, and having that extra buffer.

Our goal for DFC is about 15K sustained, and uptick to about 25K by JUN25. 25K/6%=416K. We still have about 50K in ING Offset of EFI, and Prepaid Mortgage of 107K=157K. 416K-157K=259K. 259K-152K[Invested]=+107K. We’ll need to bump up our EFI investments by 107K. At DFC 15K, 107K-15K=92K. US Equities still seem a bit strong at 45K. We’ll keep it at 35K, so 10K/1.5[FX Rate]=6.6K=7K USD x 1.5 = 10.5K AUD. We’ll exchange EFI/KFI of 3.5K USD each. Target EFI back at 92K-10K[US Inv]=82K. 82K-22K[KBonus JUN24]=60K. We’ll target 1.5 years since JUN25 target is 350K. 60K/1.5 years=3.3K/monthly. EFI monthly is 2.5K, so we’ll bump up our monthly contributions by +1K/monthly effective JUL24 for 1.5 years.

For EFI DCAs, 1.5 Years for 5 Core Income Funds at 2.75K each is DCA 4x, so 4x5=20 DCA x 2.75K = 55K. Core 4 ETFs of DCAs at Quarterly for 1.5 Years is 4x4[Quarterly] x 1.5[Years] = 24 DCAs x 5.5K = 132K. 55K [Income Funds]+132K[ETFs]=+187K. EFI 152K+187K=339K. Our target is 416K, so 339K-416K=(77K) shortfall. We’ll need to come up with different strategies to come up with +25K every half a year, so let’s see how the mortgage interest rates and the market plays out. Using our % asset allocation, 339K/25%=1.35M, and 416K/25%=1.66M, so 1.35M-to-1.66M Net Worth by JUN25/26.