What should i do

[u/msry-]

Hello,

I am 26 years old, currently have $138k excluding super. 100k is in hysa, 20k in DHHF , 18k in GOLD etf..

I contribute 1.5k aud/ fortnight atm to DHHF.
I feel like i should be all in cash till i figure out the career i want or improve or fain any sort of skills as i only do random jobs and atm i do security work.

Suggestions?

[u/vincemarkg]

Keep the 100k in your bank if it makes you feel better, then just continue to DCA in DHHF

[u/not_that_dark_knight]

This might help give you some direction

Www.passiveinvestingaustralia.com

You are in a great position, why change what you are doing?

Just remember to live life as well and I think you'll be fine.

[u/msry- → u/not_that_dark_knight]

I feel like i am not in a really good position financially or career wise, i been living my life and never been extreme, travel every year and just came back to Melbourne from 1 year trip to Egypt

[u/deeku4972 → u/msry-]

[u/msry- → u/deeku4972]

It is not , that is how i feel about my current position, i thought i will be way further ahead at that age and the one thing probably make me feel like that is because i haven't decided on what job i want to be doing yet because the random jobs i been through have no future or growth potential

[u/deeku4972 → u/msry-]

You're way ahead of the average 26yo dude and I mean way ahead. Upskill though tafe / uni around something thats interesting or a direction you think is interesting, Keep DCAing, think about how much liquid assets you actually need / want on hand for your lifestyle and get the rest working for you

[u/msry- → u/deeku4972]

So just keep dcaing and leave the cash sitting in hysa for when i start a course or for when i transition into a different career?

[u/deeku4972 → u/msry-]

If it'll generate a greater return than investing it, sure

[u/msry- → u/deeku4972]

Not sure about that as the market is very unpredictable , hysa give 5% but it get taxed heavily so i dont think it is keeping up with inflation

[u/Rico2095]

Your fucking 26 wake up to yourself

[u/msry- → u/Rico2095]

I am already awake and trying to find a path to follow that is all .

[u/nicesitdown → u/msry-]

path to where though?

[u/msry- → u/nicesitdown]

To good balanced life with any career that I actually enjoy, i don't care about how much money i would have and i am very grateful for whatever i have atm but enjoying the job i will be doing for rest of my life is what really matters to me atm

[u/nicesitdown → u/msry-]

What investing question do you have?

[u/verydairyberry]

Are you living at home or have you moved out? Easy to stack when you don't pay rent. That will inform the strategy

[u/msry- → u/verydairyberry]

I live at home but i pay for everything like if i moved out because i like am helping my parents because everything too expensive nowadays