I think I will go with Host Plus high growth indexed. Then swap to Rest indexed once Hostplus’ total annual fees exceeds $378. Since rest is capped at $378 annually for indexed options. Should be around the $530K mark!
Great video. Was trying to learn more about superannuation and this video is a good wake up call to look into my super. I was told self-managed was very dangerous and that I could lose all my money. I wonder if you can split your portfolio, part of it managed by the fund manager and part managed by yourself (despite statistics showing fund managers can't beat index, I think it's the peace of mind feeling there is an 'expert' managing your fund). Also, I wonder if there is any tax-sheltered option (like the US Roth IRA or Canada TFSA) to invest. Would love to see a video like this. Thanks.
Not so sure. Before i retired i invested in an active fund that outperformed passive returns over an extended period 10 years. My only regret was that I did not have a higher weighting.
Thanks for the video. It's a shame that AustralianSuper doesn't offer an index fund option like HOSTPLUS and others do. I noticed you were with AustralianSuper before. Did you switch to a different fund? Which one did you choose, and how has your experience been?
Hi Ray, are you able to go through the spreadsheet in a separate video, I had a close look and do not think either Australia duper or cbus have a passive income in the DIY mix of international and Aussie share at all, have I being reading this correctly?
If you're talking about 'passive management' rather then 'passive income', Australian super and CBUS do not offer any options that are passively managed. Australian super does have 'Indexed diversified', but it is not a versatile fund with its fixed 25% defensive assets.
@@raymondla That totally makes sense! I just started looking more closely at my super fund and realised that I have been paying for insurance ranked High Risk even though I am just an officer worker (which is Low Risk). Changed it over and now the fees are much lower but massive face palm moment as I’ve been paying for insurance for years (even before I got a mortgage). I’m glad you haven’t been throwing money away like I have been :D I’ve been with Aware Super since May 2023 and just changed from 100% High Growth (default) to 100% International Shares. I know it’s a bit risky but it seems to be doing the best so let’s see what happens :)
@@hairypawter8475 First State Super and VicSuper merged to become Aware Super. For myself personally, I was with VicSuper as they were the default super fund for my workplace. After the merger, we all got moved over to Aware Super. They have won quite a few awards and their members portal is easy to navigate. I think they are worth considering if you want more say over where your super is being invested.
@hairypawter8475: Hey there, I can’t seem to post a reply to your comment to me (tried twice and it keeps vanishing so I’ll reply here). ‘First State Super’ and ‘VicSuper’ merged to become ‘Aware Super’. I was part of VicSuper as it was the default super fund through my workplace. I think they are worth checking out if you want more control over where your super is being invested. They have also won a number of awards and their members portal is easy to navigate.
Passive - Ray. Is the pre-mix host plus high growth indexed(48% Aus share + 52% Int Share) passive or active manage. I could not seem to find the DIY options on their website.
