While we thankfully continue to embrace capitalist democracies and shun the “nirvana” of communism (don’t forget Animal Farm), the wretched will be attracted to your money like the ants chasing … Read More “Scammers are getting smarter all the time. How can we scam-proof our finances?”
Category Archives: Articles
Beware SMSF insurance traps
PORTFOLIO POINT: SMSFs offer trustees the ability to get perfectly flexible super funds – inside and outside super – to meet members’ needs. Super research house Chant West has released … Read More Beware SMSF insurance traps
SMSFs close in on the magic million
PORTFOLIO POINT: The average SMSF balance will most likely top $1 million this year. Australia’s average SMSF balance could top $1 million this month with the aid of a small … Read More SMSFs close in on the magic million
“We all like a good return on investment. What are some great ways to invest $1,000?”
Hey, it’s June! And June is “grand final” time for personal finances – time to minimise your taxes. And $1000 can give some great tax time rewards. “I hate tax … Read More “We all like a good return on investment. What are some great ways to invest $1,000?”
Property gets a bigger tick in SMSF changes
PORTFOLIO POINT: Shares are out and property’s dominance is entrenched in the NEW super gearing laws, quietly announced in recent days. It was bound to happen. Assistant editor James Frost … Read More Property gets a bigger tick in SMSF changes
Will super be an election issue
PORTFOLIO POINT: Like none before it, superannuation will be a hot button for this year’s federal election. Many Australians might choose to vote on super itself. There comes a point … Read More Will super be an election issue
“What is your personal life or financial motto and how has it helped you create wealth?”
“Learn the rules. Then play them.” From birth, say my parents, I wanted to know what the rules were, so I knew the boundaries. My brother Dirk, however, liked to … Read More “What is your personal life or financial motto and how has it helped you create wealth?”
Please explain, Mr Rudd
PORTFOLIO POINT: Detail is desperately required from the Rudd Government on its extension of the new contribution rules for the over 50s. Following a major news event, it’s usually only … Read More Please explain, Mr Rudd
Instant gratification is a key sign of modern lifestyles. How do we balance it with saving and investing?”
Billy Joel claimed his Boomer generation “didn’t start the fire”. Maybe, but they certainly fuelled it. Gen X will make it worse. And our Gen Y and Z kids will … Read More Instant gratification is a key sign of modern lifestyles. How do we balance it with saving and investing?”
More headaches for SMSFs
PORTFOLIO POINT: Halving the tax on interest earned outside super creates some more scales that need to be finely balanced for trustees. If SMSF trustees watching last night’s budget felt … Read More More headaches for SMSFs