Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k

Aussie in the UK, learning to re-build wealth from zero with tools we don't have back home. One failed property, now figuring out ISAs out loud. Not advice.

[Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k @RoxFromZero]

I'm Rox — an Aussie in the UK trying to build wealth from nothing after an expensive property mistake back home. Just a bloke trying to figure it out, sharing what I learn about tools we don't have back home. NOT financial advice. Follow along if you want to watch me have a go.

[Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k @RoxFromZero]

@TheParaInvestor The Aus super pot? Generally no, but there some avenues that would allow you to take it sooner, like serious medical issues that are life threatening

[Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k @RoxFromZero]

In Aus for younger generations we dont have pensions, we have superannuation, which is a compulsory 12.5% salary deduction into an account which is then invested on your behalf. You generally cant opt out and you cant touch it until 65.

Rightly or wrong ive opted out of the UK pension since ive been here. Until recently I havent been reinvesting it either, which has been a poor decision on my behalf. Ive corrected that now.

[Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k @RoxFromZero]

@Toombs705 Yeah and ive learnt a few things the hard way unfortunately. But I have learned (I think)

[Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k @RoxFromZero]

@freedombill3 You might have lost the money but you learnt an important lesson for the rest of your life which you can pass to your own grandchildren one day

[Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k @RoxFromZero]

@JGreenCrypto If we keep at it im sure we will

[Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k @RoxFromZero]

@IndexAndForget Amazing progress mate

[Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k @RoxFromZero]

@RunwayToWealth Yeah mate this Greece, an island called Kefalonia

[Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k @RoxFromZero]

Καλημέρα GM! ☕️

Very inactive yesterday and it shows!

But the portfolio is still 🟢!

Had a truly wonderful day yesterday swimming off the coast of Kefalonia

Sadly it's my last day in Greece today, truly privileged to be able to have this time off

Have a great day all!

[Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k @RoxFromZero]

@ryans_investing Morning Ryan

[Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k @RoxFromZero]

@TheParaInvestor Have a great day Luke

[Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k @RoxFromZero]

@wealthyfranklin Even better to be in!

[Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k @RoxFromZero]

@BlackMambaMilli Haha that's awesome mate

Yeah i know it, I'm on 6.3% with an LVR of about 25% which im spewing they won't give me a better rate

[Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k @RoxFromZero]

@BlackMambaMilli Oh wow really, is that in the GoalSaver?

At least that's one positive of the high interest rates back home aye, killing me on my mortgage though lol

Yeah man good to see another Aussie on here. Im in the Sydney where are you?

[Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k @RoxFromZero]

@UK_Compounder Same im in engineering consultancy

[Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k @RoxFromZero]

@ISAmaxxer GM Solly and Canary Wharf

[Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k @RoxFromZero]

@DividendDrip Yes but not as big as what id like. Probably around 1 months worth

[Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k @RoxFromZero]

@2147mill How many sugars? This will dictate how trustworthy you are 🤣

[Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k @RoxFromZero]

@2147mill As much as I can in the given month. Started at £150 as I was finding a rhythm and figuring out what worked for me, and now its more like £250-£400. Would eventually like to push it to £500 minimum as I see this as an optimum amount for me right now

How about you Tom?

[Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k @RoxFromZero]

@KeepyCash You won't regret it Carl!

[Rox | 🇦🇺 Re-building my Wealth in 🇬🇧 ~ £1k @RoxFromZero]

@ben__investing All the best Ben, always good to push yourself a bit outside of your comfort zone. Im sure you will smash it