Australian Finance Podcast ETF Deal Breakers, Fee Shock & Portfolio Overload- Special Investing Q&A
7 snips
Aug 1, 2025 Mitchell Sneddon, Head of Funds Management at Rask and a regular on The Australian Investors Podcast, dives into a treasure trove of investing insights. He tackles the tax deductibility of advice fees and helps beginners navigate individual shares versus ETFs. The conversation also highlights the long-term effects of volatility decay in geared ETFs and how to diversify beyond common options like VAS and VGS. Comparisons of management fees shine a light on what truly matters when investing, making this a must-listen for savvy investors.
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Check Tax Deductibility of Fees
- Check with your accountant about tax deductibility for advice fees as it depends on the nature of the advice received.
- Some advice fees related specifically to tax advice may be partly deductible according to recent rulings.
Pick Stocks You Know
- Start stock picking by developing your own investment style through learning and researching companies you know well.
- Explore stocks around you by observing daily-used products and local businesses for better familiarity and manageable risks.
Volatility Decay Limits Gear ETF Gains
- Geared ETFs don't provide double returns despite double exposure due to volatility decay and daily resets.
- Extra costs and risk come with gearing, so assess if leveraging is necessary for your goals before using it.
