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
All posts by Bruce
“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?”
Mercer busts a wealth bias myth
PORTFOLIO POINT: It’s a myth that the wealthy get the bulk of the benefits in the funding of retirement incomes, according to new research from wealth manager Mercer. Higher-income earners … Read More Mercer busts a wealth bias myth
“I’m thinking about starting a self-managed super fund (SMSF). Talk me into it or out of it.”
Xers, if you’re thinking about starting your own SMSF, here are the boxes you need to tick. One, you’ve been into investing for ages. Not just weeks or months, but … Read More “I’m thinking about starting a self-managed super fund (SMSF). Talk me into it or out of it.”
SMSFs big tick from Cooper
PORTFOLIO POINT: Is it possible that Jeremy Cooper actually really loves SMSFs? The jury’s out, but he has promised not to be the “cane toad” of SMSFs. Turns out the … Read More SMSFs big tick from Cooper
“About 40 per cent of marriages end in divorce, but is a pre-nuptial a good idea or does it indicate distrust from the start?”
Judging by the number of billboards, there’s enough trouble going around with sexual dysfunction without throwing in the great knee-closer that is pre-nups. Younger Xers haven’t had time to accumulate … Read More “About 40 per cent of marriages end in divorce, but is a pre-nuptial a good idea or does it indicate distrust from the start?”
Seven SMSF traps
PORTFOLIO POINT: Here’s seven of the deadly sins of running your own SMSF. Oh … okay, make it eight. It’s an exciting proposition. Making the decision to sack the super … Read More Seven SMSF traps
“If you’re going to be thinking anything, you might as well think big,” says billionaire investor Donald Trump. Should Australian investors follow his advice?
Depends. Did that billionaire bigmouth make that “think big” quote before or after the 1974 Melbourne Cup? Anyhooo … yes, people aiming to create real wealth should set their sights … Read More “If you’re going to be thinking anything, you might as well think big,” says billionaire investor Donald Trump. Should Australian investors follow his advice?
What’s labor plotting for super
PORTFOLIO POINT: Prime Minister Kevin Rudd has made a rare stumble into the super debate and lets out a few party secrets. When a prime minister weighs into a debate, … Read More What’s labor plotting for super
Setting goals can help people achieve their dreams, financial and otherwise. What is the best way to do this and how do you start?
Incense? Meditation? Thppppt! Definite Mars and Venus thing happening here. A journey of a thousand miles (or even one half that length, like The Proclaimers’ 500 miles) starts with a … Read More Setting goals can help people achieve their dreams, financial and otherwise. What is the best way to do this and how do you start?