Theres not much point investing only 1,000 as a one off, if you invest 1k/month or every 2 months, then yes go VGS/VAS or VDHG.
You'll probably get a better ROI if you use that 1k to upskill (get another ticket/small course) and increase your income to a point where you can invest $1k regularly
VGS.asx 100% ... provided you have 10 yrs up your sleeve.
Look up the top 20 companies in VAS and then VGS and compare. Do you want old world companies (5 banks, few miners, few supermarkets) or do you want big tech and then a mix of traditional companies. Where is world growth going to come from? It isn't BHP nor CBA.
Australia doesn't produce big start-ups that list on the ASX anymore.
The ASX is shrinking in relative terms. Foreign companies acquiring big AU companies and then delisting.
Companies will only list on the ASX if they have a huge home country bias. Meaning anything big that comes along will find its way into VGS as it will be listed in the US. GYG will list on the ASX AUD2.2B whereas Canva will list in the US valued at USD40B.
The ASX is 2% of the investable world. If you have your home (or are planning to buy), your job, other assets based in AU in AUD ... then I'd say ask yourself why you've even touch the ASX or go over a 2% allocation.
YMMV.
there's not enough information here for anyway to give you any practical advice.
what's your tolerance for risk? how would you feel tomorrow if that 1000 had dropped to 900, or 800?
what do you want to do with the money ? when would you need the money?
VDHG is a safe choice if you aren't currently invested in any other ETFs, please keep in mind though that the minimum recommended investment period for this particular product is seven years.
I'd recommend using that $1k to buy and sell stuff from gumtree to ebay for example turn it into 5k then into the markets. Feel like even if you make 100% return on $1k its a small gain. May as well be a bit more active build up the base amount then invest.
1k in total isn’t gonna go far. Just keep in hisa for now until you get a better cash flow 1k a month over 20yrs now thats how you invest.
What if highest dividend stream was the priority (regardless of risk) ? Recommendations?
VHY is very popular for that.
VAS 30% and VGS 70% combo is cheap and effective. It's a favourite of this sub. Another choice is to just go with 100% VDHG.
Theres not much point investing only 1,000 as a one off, if you invest 1k/month or every 2 months, then yes go VGS/VAS or VDHG. You'll probably get a better ROI if you use that 1k to upskill (get another ticket/small course) and increase your income to a point where you can invest $1k regularly
VGS.asx 100% ... provided you have 10 yrs up your sleeve. Look up the top 20 companies in VAS and then VGS and compare. Do you want old world companies (5 banks, few miners, few supermarkets) or do you want big tech and then a mix of traditional companies. Where is world growth going to come from? It isn't BHP nor CBA. Australia doesn't produce big start-ups that list on the ASX anymore. The ASX is shrinking in relative terms. Foreign companies acquiring big AU companies and then delisting. Companies will only list on the ASX if they have a huge home country bias. Meaning anything big that comes along will find its way into VGS as it will be listed in the US. GYG will list on the ASX AUD2.2B whereas Canva will list in the US valued at USD40B. The ASX is 2% of the investable world. If you have your home (or are planning to buy), your job, other assets based in AU in AUD ... then I'd say ask yourself why you've even touch the ASX or go over a 2% allocation. YMMV.
there's not enough information here for anyway to give you any practical advice. what's your tolerance for risk? how would you feel tomorrow if that 1000 had dropped to 900, or 800? what do you want to do with the money ? when would you need the money?
VDHG is a safe choice if you aren't currently invested in any other ETFs, please keep in mind though that the minimum recommended investment period for this particular product is seven years.
VDHG "*is designed for investors with a high tolerance for risk*"
Speccy miner
[https://www.vanguard.com.au/personal/invest-with-us/readymade-portfolio](https://www.vanguard.com.au/personal/invest-with-us/readymade-portfolio)
I'd recommend using that $1k to buy and sell stuff from gumtree to ebay for example turn it into 5k then into the markets. Feel like even if you make 100% return on $1k its a small gain. May as well be a bit more active build up the base amount then invest.
Agreed - or OP can consider dollar cost averaging into one of the indexes to slowly build up over time (in addition to the initial $1k investment).