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- 3 May 2019
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Have decided to keep a log of the super scenario for future reference.
I wasn't aware that I could invest inside the Aus Super account in the ASX300 myself until recently.
Member Direct is the name of the platform within the Aus Super app.
It's clunky and a little cumbersome to navigate around, they should create a separate linked app.
I stumbled across the trade/invest function in the app and proceeded to set it up mid July, then transferred funds inside.
First purchase was the start of August.
Fees to do so aren't bad in comparison to a SMSF, maybe around 30% or less of a SMSF (~$1000 per year), but that was from looking a few years ago.
There probably is cheaper options around now, but I'm happy to let the super fund sort out tax issues.
I had bought STX , but dumped it with around a 12% loss.
Wasn't a big holding though.
BOE is also a small holding.
Snapshots as of this weekend.
Not showing $ amounts, % is enough.
Can't quite remember the exact $ figure the super account was on, but I believe it's now up around 15% at least (on paper) since starting the ASX300 investments. Approximately 67% of total super in these investments, a little high for my liking.
Am in consideration of holding for over 12 months for the reduction of CGT. Will run a few numbers, but am inclined to try to hold for the discount, where worthwhile.
I wasn't aware that I could invest inside the Aus Super account in the ASX300 myself until recently.
Member Direct is the name of the platform within the Aus Super app.
It's clunky and a little cumbersome to navigate around, they should create a separate linked app.
I stumbled across the trade/invest function in the app and proceeded to set it up mid July, then transferred funds inside.
First purchase was the start of August.
Fees to do so aren't bad in comparison to a SMSF, maybe around 30% or less of a SMSF (~$1000 per year), but that was from looking a few years ago.
There probably is cheaper options around now, but I'm happy to let the super fund sort out tax issues.
I had bought STX , but dumped it with around a 12% loss.
Wasn't a big holding though.
BOE is also a small holding.
Snapshots as of this weekend.
Not showing $ amounts, % is enough.
Can't quite remember the exact $ figure the super account was on, but I believe it's now up around 15% at least (on paper) since starting the ASX300 investments. Approximately 67% of total super in these investments, a little high for my liking.
Am in consideration of holding for over 12 months for the reduction of CGT. Will run a few numbers, but am inclined to try to hold for the discount, where worthwhile.