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FY 19 performance

Posted on September 12, 2019 by Leon

I haven’t had time to document this but recently reviewed the close to FY19 and managed to outperform the benchmark again by 16.36% vs 14.1% for the VAS ASX300. This outperformance will be almost entirely erased by the capital gains bill that I will incur for the financial year just gone, so you could call it break even.

I’m happy with the shift to a heavier SOYA portfolio (Sit On Your Ass – companies that you can buy and hold for the long term without needing to constantly monitor, and buy in and out of). My life is busy enough that I’m rotating away from stocks that need a lot of oversight and towards longer-term investments that I expect to outperform.

Long-term I could see a heavy weighting towards low-cost ETFs like the Vanguard products – I also put about 5% into VGE (Vanguard Emerging Markets).

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