June Monthly Journal: Start of the DCA Wifey Portfolio!

Another month, another wrap-up. June was relatively smooth despite the tension in the Middle East, the market has been quietly compounding in the background. This also marks the end of the financial year in Australia, so definitely a good time to review your finances. I began two new portfolios under my wife’s name, I picked Betashares Direct for the regular DCA portfolio (no transaction fees, how good!) and Stake for investments into some LITs which are unavailable via Betashares Direct.

Let’s dive into the numbers!

Superfund – Hostplus

Per my plan, I contributed $24,500 personal non-concessional (post-tax amount: $20,825) and by doing this I will be getting a juicy tax return! The full amount went into the “High Growth Indexed” option. My plan going forward is to gradually reduce hedged international equities down to ~30%. In hindsight, hedged hasn’t really helped that much and in fact been a drag on performance this year.

Fundlater

Debt: $3,900 | Monthly repayment: $325

NAB Equity Builder

Debt: $103,900 | Equity: ~$65,000| Monthly repayment: ~$1500 (around $600 is interest and rest goes to equity)

Options Trading – Moomoo

Not going to pretend I’m a pro but when markets are strong, even a humble peasant like me is going to the moon! This went up by nearly $2,000 this month.

Wifey Portfolio – Betashares Direct

This one will be our DCA portfolio going forward, first deposit is $50,000. I actually find the platform to be very friendly to use and looking forward to the FY end reporting. Currently, a huge advocate for Betashares Direct. I contribute $1,000 to this account after each pay cycle. When planning for this portfolio initially, I did not think about crypto at all. One afternoon I had a spontaneous urge to invest $1,000 allocation into crypto (IBTC and EETH). I am still thinking about whether to build this into the plan or keep it as a side experiment. 

View the full portfolio construction plan here if interested.

Wifey Portfolio – Stake

This account is not part of the DCA strategy, but still aligned with our broader goal of building passive income. Stake is another great platform that is offering cheap brokerage ($3 below 30k trade). GCI was something I’d planned to add anyway (covered in a previous post), but I ended up eyeing MXT as well which felt like a reasonable complement (they do lending to corporates in Australia). Nothing aggressive here, just steady income positions for the spare cash.

I wrote about these in my previous “Insights” post here if interested.

Total Portfolio Summary

Gross Funds: $468,849
Net Equity: $361,049
This Month’s Growth: +$13,916

One of the improvements I made this month was to start tracking net equity (assets minus debt) more consistently. Feels more honest than just reporting gross balances. Nearly $14k in one month, I’ll take that any day.

Thanks for reading along. If you’re here every month, I appreciate you. If this is your first post, welcome! This is just me tracking my journey, one month at a time.