I started out buying VAS, VGS, and VTS on CommSec. When I discovered Stake, I started exploring ETFs on the US side and picked up VOO, VXUS, VDE, VGT, VYM, IVOO, GLD, BND, VNQ, and VOOV. Don't even ask me what I was thinking.
A few months ago I sold most of them and trimmed it down to GLD, VDE, VXUS, and VYM. I held those for a couple of months and then I realised that the ASX already had exposure to US companies through ETFs like VTS. So I bought more VTS and added VDAL. Again, don't ask, I know it was impulsive, but now I need to sort this out properly.
The core of what I'm trying to figure out is whether I should sell my US-listed ETFs (like GLD, VDE, VXUS, and VYM) or just leave them where they are. My plan going forward is to keep adding to VDAL, but I've also realised that VDAL essentially just replicates a combination of VGS/VGAD and VAS as well.
I want to simplify down to 3 or 4 ETFs maximum. I like the idea of keeping VDE since it gives niche exposure to US energy specifically, and VXUS feels different enough from the ASX-listed options to potentially justify keeping it. I'm just not sure.
My goal is simple: keep adding money over the next 30 years, and eventually live off dividends. I get excited about something and then I just keep buying new stuff. I just don't wanna randomly be killed by the ATO for something I was negligent or clueless about like tmr or in 30 years time. I'd greatly appreciate any insight you could share to me. Thanks.