Welcome

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I've been on the FIRE path a good 8+ years now, mostly lurking in the comments on reddit getting and sharing insights.

There is a lot of good content out there, with Barefoot Investor and Passive Investing Australia being two I use. My posts here will not attempt to repeat them, but instead delve into the areas I find interesting that are not covered as well there.

And the main area I enjoy is the maths and attempting to simplify the equations such that I can more easily see the best path forward. As Stan said:

The essence of math is not to make simple things complicated, but to make complicated things simple.
— Stan Gudder, American mathematician

By simplifying the options we can more easily see the path forward, at least that's the hope.

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GHHF vs Self-Leverage

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GHHF has now been available for over a year, providing us with an opportunity to compare its real-world performance against a hypothetical self-leveraged portfolio. While both aim to boost returns through debt, there are critical differences in rebalancing, currency exposure, fees, and tax implications that can sway the outcome. The motivation is GHHF has access to cheaper debt than most can get via there mortgage, so is it worth moving over to it? Or do the other costs decay its lead? The idea is to compare GHHF to self-leverage, that is buying the same assets with the same amount of debt where the debt is obtained via debt recycling or an equity release. Disclaimer: I'm no expert at doing these comparisons, so take everything with a grain of salt. TLDR GHHF and self-leverage have delivered remarkably comparable returns over the past year of 17.6% pa vs 17.7% pa. Differences While I attempted to keep the differences to a minimum, there are a few differences between the two options...
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