I like this, xactly. Do you mind sharing which Index funds you are using?
not at all.
http://en.wikipedia.org/wiki/List_of_Australian_exchange-traded_funds
http://www.asx.com.au/products/etf/managed-funds-etp-product-list.htm#ETF
my favourite one is VAS - top 300 so mid and small caps factored in
some SPDRs
also some LICS, inc ARG and AFI.
for the US stuff
bought the US stuff when the dollar was high 90s
I knew I should have set up a US account at parity but kept putting it off, the start of the slide last year made me get a wriggle on. Im done now
ETF -VAS on the ASX
VOO on the S&P,
LIC- BRK-B
I used to buy random stuff and went nowhere.
YOu can't chase the alpha. its like the end of the rainbow.
Discipline, patience and realising i am not a financial guru just an average joe who can't see into the future has made me a boring safe investor, with results over the long term, plodding over the short term.
I admire IV but I don't have the time or the expertise for that approach.
The stock punts are the companies that I gamble on.
i think I'm doing the research but in reality there are so many variables you might as well flip a coin.
The ride is exciting but it reminds me why I don't have the temperament for trading.
Its fun though.
current punt: netflix and some medical startups