u/Silver_Objective_290

I want to invest around 10K in ETFs with $100p/w to begin with, then more later on as i get more confident with the process(but still contribute $100p/w). My aim is to buy and hold for at least 20 years(im 44 now). I know these questions have probably being asked and answered before but anyway here goes.

-Which trading platform should i use? Ive narrowed it down to either Betashares, CMC, or Westpac. (Im leaning towards Betashares, but open to others)

Betashares because its an Australian company, Auto-invest, Has its own ETFs

CMC because its CHESS sponsored

Westpac because i bank with them

- What happens at tax time?, ie what documents do i give my accountant, and when do they get sent out. My biggest fear is running afoul of the ATO.

- What is the difference between automatically reinvesting dividends(Beta), and just buying more shares manually once dividends have been distributed to the trading account?

-Is it worth signing up to a portfolio tracker like Sharesight or Navexa (Which one is better?)

-How hard is it to do the cost base adjustments? Do i have to do them every year or just when i sell everything?

-Should i stop overthinking it and just do it?(its a bad habit of mine)

I apologize in advance if Ive put too many questions on one post, but ive been stung in the past with useless financial planners and just want to get it right this time. (i might post some more questions in a second post later)

I have some questions regarding etf investing in Australia.

\-What is the best platform to use if you’re investing for the long term(20-25 years)? I currently bank with Westpac, but I’ve heard that their share trading service is a bi6 “old fashioned”.

\-Do people use financial advisors to set up their trading accounts, or should I just do it myself?. I’m only looking at investing around 5k at first until I become more confident with how it all works.

\-What happens every year at tax time? Do I get a tax document from the trading platform to give to my accountant.

\-What would be the best investment to buy through a trading platform if you’re aiming to hold it for around 20-25 years?

I’m hopefully going to buy my first house in regional New South Wales in the next 12-18 months. Currently making between 95k-115k a year as a fitter machinist, job is pretty secure. Been living with my mother who has terminal cancer, but would like my own place set up before the inevitable happens. I’m thinking about using 450k as a deposit and borrowing around 270k over 25 years. Then with the remaining funds- invest 100k in something that I can contribute $100 a week into over 20-25 years, and put the rest into a HISA with my bank. Currently have approximately 320k in super and am contributing an extra $50 p/w.
I don’t have kids and don’t ever intend on getting married. Is this doable?, Should I look at borrowing more?(anything under 700k either needs a lot of work, or goes pretty quickly), should I consider going above the 33% of after tax pay for weekly loan repayments?, or have I got it all wrong?

Note- I’ve already posted this question on other pages in order to get as much information/opinions as possible before I see the bank at the end of the month.

I’m hopefully going to buy my first house in regional New South Wales in the next 12-18 months. Currently making between 95k-115k a year as a fitter machinist, job is pretty secure. Been living with my mother who has terminal cancer, but would like my own place set up before the inevitable happens. I’m thinking about using 450k as a deposit and borrowing around 270k over 25 years. Then with the remaining funds- invest 100k in something that I can contribute $100 a week into over 20-25 years, and put the rest into a HISA with my bank. Currently have approximately 320k in super and am contributing an extra $50 p/w.
I don’t have kids and don’t ever intend on getting married. Is this doable?, Should I look at borrowing more?(anything under 700k either needs a lot of work, or goes pretty quickly), should I consider going above the 33% of after tax pay for weekly loan repayments?, or have I got it all wrong?

What to do.

Hi everyone, this is my first post, so i apologize in advance for any mistakes. Currently seeking some advice on how to invest a sum of money. I have around 600K in savings, 450K of which will be used as a house deposit. I would like to keep around 50k in a high interest savings account/rainy day fund. I would like to invest 90-100k for around 25 years (im currently 44m), and can make $100p/w as a regular contribution towards the investment. Im already making a $50 p/w contribution towards superannuation which is currently around 320k. any general advice would be much appreciated.

Hi everyone, this is my first post, so i apologize in advance for any mistakes. Currently seeking some advice on how to invest a sum of money. I have around 600K in savings, 450K of which will be used as a house deposit. I would like to keep around 50k in a high interest savings account/rainy day fund. I would like to invest 90-100k for around 25 years (im currently 44m), and can make $100p/w as a regular contribution towards the investment. Im already making a $50 p/w contribution towards superannuation which is currently around 320k. any general advice would be much appreciated.