PORTFOLIO POINT: Here are the top eight SMSF gearing tips from super strategic guru Grant Abbott. The onset of the Global Financial Crisis ruined a few global parties. Overzealous equity … Read More Eight ways to gear DIY super
All posts by Bruce
“Partnerships in property: What do you think about taking a three or four-way share in residential real estate?”
No problem at all – so long as all partners promise never to change any of their personal circumstances. Ever. Nobody is to get married, divorced, have any more children, … Read More “Partnerships in property: What do you think about taking a three or four-way share in residential real estate?”
“Building a nest egg is vital, but is there a better alternative to superannuation instead of locking your money away until age 60?”
Milli Vanilli had two problems. Their names were Rob Pilatus and Fab Morvan. Both were singing frauds. Similarly, super has two major downsides for Gen X. The first is access: … Read More “Building a nest egg is vital, but is there a better alternative to superannuation instead of locking your money away until age 60?”
Super noose tightens another notch
PORTFOLIO POINT: Heard about “reportable super contributions”? They’re another Rudd Government attack on the wealthy. Here’s how they work. Means testing was launched back onto the political agenda with the … Read More Super noose tightens another notch
“Budgeting is one of the most boring words in the English language. Can we make budgeting sexy?”
You want boring? Kevin Costner’s The Postman. You want sexy? Rolling around in big piles of cash in your underwear, like Allison Dine (Anna Hutchison) in Underbelly. Bucks and budgets … Read More “Budgeting is one of the most boring words in the English language. Can we make budgeting sexy?”
Winning the lottery is many people’s idea of a financial plan. If you do strike it lucky, what should you do with it?
Show no emotion. For God’s sake, zip it! Stuff the ticket back in your pocket and continue to stare at the TV or newspaper like nothing happened. Calmly, get the … Read More Winning the lottery is many people’s idea of a financial plan. If you do strike it lucky, what should you do with it?
DIY funds grow, as do their challenges
Two of the worst years for investing in the nation’s history and legal headwinds for trustees have not dented Australians’ desire to take personal control of their super. At the … Read More DIY funds grow, as do their challenges
“How should people react if a family member or friend asks to borrow money, and how much is too much?”
“Danger, Will Robinson!” Like Lost in Space’s Robot, complete with arms flailing. Money is a top-three cause of the demise of relationships that include sex and can just as quickly … Read More “How should people react if a family member or friend asks to borrow money, and how much is too much?”
“Talking about death and money can be tricky. How do you bring up the subject of estate planning and who gets what in the will?”
Don’t fret. Learn to throw your voice like a ventriloquist and then, at the reading of the will, pretend to be God and declare everything was left to you. If … Read More “Talking about death and money can be tricky. How do you bring up the subject of estate planning and who gets what in the will?”
Now industry funds target SMSFs
PORTFOLIO POINT: SMSF trustees don’t have time to relax. They might need to take up arms against industry super funds next. The constant battles faced by trustees to protect SMSFs … Read More Now industry funds target SMSFs