PORTFOLIO POINT: At some point, investment options open right up, leaving you to wonder whether tomake an investment inside or outside your SMSF. Plus, the anti-SMSF Red Book commentary. I … Read More Super’s $750,000 question
All posts by Bruce
“What was your first job, and what did it teach you about money?”
“Would you like fries with that?” I started flippin’ burgers just after I turned 15. Actually, that’s not true. I needed “experience” before I could cook the meat. My first … Read More “What was your first job, and what did it teach you about money?”
Salary sacrificing’s traps
Updated: 20 October 2015 PORTFOLIO POINT: Don’t go into salary sacrifice blindly just because you’ve heard you should. There are plenty of potential traps. Here’s how to avoid some of … Read More Salary sacrificing’s traps
“When it comes to household finances, should couples have joint bank accounts or separate ones?”
Good question, Mr Editor … if your aim was to create a flood of bookings with couples counsellors and divorce lawyers like Arnie Becker (Corbin Bernsen in LA Law). The … Read More “When it comes to household finances, should couples have joint bank accounts or separate ones?”
The DIY mortgage buster
PORTFOLIO POINT: Here’s another super salary sacrifice strategy touted to help pay off your home loan faster. If you can tick the boxes, it could save you a $10,000 to … Read More The DIY mortgage buster
“Should property investment be about rental income or capital gains? And will that change as I age?”
We’re talking property, so we’re talking fences. Here’s a general rule for Generation X and property investment: If it doesn’t have a fence, then steer clear of it. Capital gains … Read More “Should property investment be about rental income or capital gains? And will that change as I age?”
Super’s pressing need: Education
PORTFOLIO POINT: Take note Jeremy Cooper – Australians want to know more about their super. And that education can have multiple benefits. Everybody knows the gag about being treated like … Read More Super’s pressing need: Education
“What lesson did you learn as a child that has helped you through the investment challenges of recent years?”
It was the toughest lesson of my life and I still grapple with it today. But if I hadn’t learned it, I could never have become an investor at all. … Read More “What lesson did you learn as a child that has helped you through the investment challenges of recent years?”
Will Shorten make a difference to super
PORTFOLIO POINT: Bill Shorten and APRA stats. Should Australia’s superannuation industry be fearful or welcoming of Bill Shorten? The former Victorian union leader was sworn in yesterday as the new … Read More Will Shorten make a difference to super
“Australians are notorious non-savers, with about half of us having no savings. How much should we put away for a rainy day?”
Died-way-too-young singer Karen Carpenter said it wasn’t only rainy days that bummed her out. She lumped Mondays in to the same category. But Karen believed being with someone special fixed … Read More “Australians are notorious non-savers, with about half of us having no savings. How much should we put away for a rainy day?”