(03) 9020 2905PORTFOLIO POINT: Wayne Swan is bunkered down in Canberra writing his third Budget. Here’s what Eureka Report wants from the Treasurer next month. This time last year, few would have … Read More My wishlist for super in the budget
All posts by Bruce
“Some people gulp down their Easter chocolates while others make them last for weeks. What do these behaviours say?”
This is a question about “delayed gratification”. It’s not Jung, Freud or Pavlov! It’s Walter Mischel! The guy who did the fascinating (but probably nowadays illegal) “marshmallow experiment” on Generation … Read More “Some people gulp down their Easter chocolates while others make them last for weeks. What do these behaviours say?”
Taxman warns on contributions
The small, small world of self-managed super fund legal eagles sounded like a henhouse with a fox loose yesterday when news broke of the sternest of Tax Office warnings. The … Read More Taxman warns on contributions
We’ve heard the cliche that opposites attract. How do you manage your money when a spender teams up with a saver?”
Opposites? You mean like Demi Moore and Ashton Kutcher? Sir Paul McCartney and Heather Mills? Or like my wife and I? Whether it’s business, personalities or money, the most successful … Read More We’ve heard the cliche that opposites attract. How do you manage your money when a spender teams up with a saver?”
Cooper targets super back-office waste
PORTFOLIO POINT: Jeremy Cooper claims he can make or save super members and employers about $12 billion in 10 years with just two sensible changes. “Razor gang” is a largely … Read More Cooper targets super back-office waste
“Lending money to friends and family can be dangerous. How do you ask for it back?”
You don’t ask for it back. First, you send them a toenail via Australia Post … then you make it known that you’ve got other friends who were pallbearers at … Read More “Lending money to friends and family can be dangerous. How do you ask for it back?”
Super gearing here to stay
PORTFOLIO POINT: Geared super can unpack its suitcase and settle in for an extended stay – with more protection for trustees and members. The super gearing rules that were introduced … Read More Super gearing here to stay
“Home equity. They talk about it. They rave about it. But if you’ve got some, what should you do with it?”
Older Gen Xers will have got stuck into the mortgage game many years ago. Through the combination of paying down the loan and the property rising in value, they have … Read More “Home equity. They talk about it. They rave about it. But if you’ve got some, what should you do with it?”
Get your SMSF back on track … or else
PORTFOLIO POINT: The market volatility experienced in recent years can throw SMSF asset allocations out of whack, potentially leaving you in the sights of the Tax Office. A year ago … Read More Get your SMSF back on track … or else
“What’s the dumbest financial mistake you’ve ever made? And how would you suggest others avoid making the same error?”
Sheesh, there’s been more than a handful. But, I’m sad to say, I’ve clearly made fewer than Kerry Francis Bullmore Packer. Yeah, you read right: fewer than Kerry. Packer reckons … Read More “What’s the dumbest financial mistake you’ve ever made? And how would you suggest others avoid making the same error?”