InvestSMART ETFs
We’ve compiled and consolidated a list of the current InvestSMART ETFs and their investment funds.
We’re considering in investing with them, but not until JUL25 as our main priority for this year is to focus on paying off our remaining mortgage. IF we can do so successfully, we would’ve fully paid off our mortgage within 4 years since purchasing the property. We had a grace period of the first two years with about 2%+ interest rate before our variable kicked in. Our goal is to have our total mortgage interest costs to be under 20K since purchase.
Effective JAN25, our repayments less fixed costs would give us about 34K+ of free cash flow. We’ll continue to build up our AU Equities Income Portfolio focusing on DFC% > 7.5%, and will trade on the volatility. Dividends will cover our fixed property costs of about 8K/annually.
For ETFs, we’ll keep SYI, and plan to diversify through InvestSMART ETFs to provide us with the International exposure. Currently the S&P is trading near its highs, and we’ve already liquidated our US ETFs positions due to FX exposure as well as more complicated US/AU tax implications, InvestSMART ETFs would minimize our legwork as well as paperwork. Depending on our cash flow position, and how the S&P performs, for now we’ll monitor the ETFs until JUL25.
