ETF or More Super?

[mishe2009]

@automatiic Ok well I'd probably lean towards super but either are still good options eh doing something is better than nothing.

Pros of ETF is money is easier accessible if your income dips in future eg one of you are on parental leave or sickness/accident. Or in 30 yrs of you want to retire earlier but doubt disposable income will be a worry anyway and you can make plans in 10 yrs time for that.

Super gets you tax deductions so will most likely earn you more money for 40 yrs time.

Just gotta weigh up if its likely you will regret not having the money accessible in the next 3-5 yrs.

 

[juliusgulius18]

@automatiic I’d pay down more of your mortgage. If your interest rate is high that’s what you are earning by saving, plus more. If you want to get into ETFs, consider setting up a regular transfer to your brokerage account and just making it part of your routine, a bit like super. It’s the consistency that will make it worthwhile.

 

[paul1976]

@automatiic Do both
I put like $40 extra a fortnight in super while also investing. If I have significant savings nearing End of financial year i'll chuck a bit more into super.