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We sold another Perth rental property recently – which means only one more to go before the full transition to shares is complete!
In my latest portfolio update, I share:
— What happened with our property sale
— How markets have quickly changed
— Current wealth breakdown + share portfolio
— How much dividend income we earned in FY26
I also cover our plans for the final rental, a couple of investments I’m ‘tempted’ by, and thoughts moving forward.
As always, it’s a behind the scenes look at how the portfolio is going and how I’m thinking about things.
Read: Investment Update Mid 2026
STRONG MONEY PODCAST
There’s a recession coming. Maybe not this quarter, but definitely at some point. It’s an inevitable part of the economic cycle.
So when it does, you want to be among those who not only come out the other side unscathed, but actually wealthier for it.
And that’s not hard to do, provided you follow a few key principles. I explore how to do this and share a couple of related stories in my latest podcast.
🎧 Listen here on Spotify, Apple, or on the website
📄 Read the article version here
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AUSSIE FIRE PODCAST
Would you sell a property that’s grown from $280k to $800k, even if it meant a six figure tax bill?
In our latest case study, Hayden and I sit down with a listener to work through a big decision – the pros and cons of selling in his situation.
There’s also some sentimental and location attachment involved, making it more than just a financial decision. It was an interesting discussion that I think you’ll enjoy.
🎧 Listen now on Spotify, Apple or watch on YouTube
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THOUGHTS OF THE WEEK
There’s a huge difference between net worth and freedom. Australians rank among the wealthiest people in the world per capita – but most of that wealth is tied up in expensive property and a super fund we can’t access for most of our life. We’re the perfect definition of equity rich, cashflow poor.
The willingness to ignore what everyone else is doing is an underrated financial (and life) strategy. Most of what makes people miserable is just trying to fit in and keep up.
The whole point of building a financial snowball isn’t actually the snowball itself. It’s getting to hop off one day and being free to play in the snow. While everyone else is still trudging up the hill, day after day in soggy boots with frustrated wind-burnt faces.
CGT CHANGES, TAX & TRACKING
With the upcoming CGT changes I decided to try Navexa after using Sharesight for about 10 years.
The main reason is manual parcel selection, which gives you more control around tax outcomes – something that will become more valuable going forward.
It was actually easier than I expected to setup, which is what I was dreading to be honest.
Which one should you use?
If you’re just starting out, Sharesight’s free plan covers basic performance tracking, and their ‘tax pack’ is a cheap and useful add-on. For many people, that’s probably plenty.
That said, Navexa tends to work out cheaper if you want more features, a greater level of tax control or have lots of holdings / multiple portfolios.
If you’d rather just use a spreadsheet and DIY, go for it – but with the new changes I’d say you’re a very brave soul! I’m far too lazy for that, even in my frugal days, lol.
By the way, both links above are affiliate links so you’ll get a discount if you sign up that way, and I’ll receive a small kickback. As always, I only ever recommend things I genuinely approve of.
