915b wwgd: 25yo doctor has $400k in ETFs but...
Learn to invest with our award-winning investing book, The Quick-Start Guide to Investing: https://www.investingbook.com.au/Connor is a 25yo junior doctor renting for $145 a week and somehow has $400,000 invested in shares. But when he asks Glen James about buying his first home, optimising his portfolio and figuring out when "enough is enough," Glen's take isn't quite what he expected.๐๐ผ Connor's situation: 25yo junior doctor, single, training towards anesthetics๐๐ฝ income, savings rate & spending system๐๐พ cash, HELP debt & super (First Home Super Saver Scheme)๐๐ฟ living situation & housing plans๐๐ป the $400k share portfolio: VAS, VGS & Pearler๐ specialty training, moving around & the housing timing problem๐๐ผ what would Glen do?๐๐ฝ the non-deductible debt problem๐๐พ investment property vs buying to live in vs keep renting๐๐ฟ the two-ETF๐๐ป should Connor gear?money money money is proudly supported by Sphere Home Loans and Skye Wealth.Need a mortgage broker? Check out https://www.spherehomeloans.com.auNeed to review your personal insurances? Head to https://skye.com.auApply to be a guest! https://www.moneypodcast.com.au/apply-to-come-on-the-show๐ก Join our Facebook community: https://bit.ly/m3fbgroupWatch us on Youtube: https://www.youtube.com/@m3.podcastCheck out all our show resources: https://www.moneypodcast.com.au/mmmshownotesThis content is for education and entertainment purposes only and is intended for Australian residents. It is not a substitute for professional financial, tax or legal advice. Any advice provided is general financial advice only, which does not take into account your objectives, financial situation or needs.You should consider whether the advice is appropriate for your circumstances before acting on it. If you choose to buy a financial product, read the relevant product disclosure statement (PDS) and target market determination (TMD), and seek personal advice from a licensed adviser. We may discuss products, services or listener questions within our content for illustration and entertainment purposes. It is impossible to provide personal advice in this format, as we donโt know your individual financial situation. We may also change the names of questioners for privacy. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies. Guest opinions are theirs and their respective licence holders. SYMO Interactive Pty Ltd and Glen James are authorised representatives of MoneySherpa Pty Ltd, which holds Australian Financial Services Licence 451289. Please read our Financial Services Guide at moneypodcast.com.au. Hosted on Acast. See acast.com/privacy for more information.