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Author: Bruce

Safer super options

PORTFOLIO POINT: Don’t surrender to the gloom – super is a superior retirement savings vehicle. Here are some other super investment options to consider. There appears a real danger that Australians are going to give up on superannuation as a preferred wealth creation vehicle. A survey released this week shows disturbing pessimism. The number of […]

Super funds brace for news

The fallout for the superannuation industry from the calamitous state of investment markets to the end of 2008 continues to worry everyone. The nails of officialdom are being chewed to the bit. In recent weeks, we’ve seen the government consider suspending rules about minimum pension drawdowns, to allow people to protect how much money they […]

How to spot a fake – it will revert to mean

It’s a sad fact that so many great things in life that seem so real turn out to be so fake. And it’s us poor punters who are usually last to catch on. Finally finding out only make us feel the right twit. TakeMilliVanilli. How was the record-buying public to know thatRobPilatusand Fab Morvan had […]

Don ‘t rely on dividends

PORTFOLIO POINT: If you’re worried about your funds’ income, listen up. The next couple of months are going to bring some shocks. If 2008 was a “nightmare for capital”, the sequel in 2009 could well be a “black hole for income”. With the way the investment stars are lining up, this seems to be increasingly […]

Give yourself a sporting chance, ditch dumb debt

If January really has a collective cohesion acrossAustralia, it’s sport on the TV. As if we needed another reason to slack off during the January heatwaves … or to escape shark attacks on our beaches … we’ve got international cricket and tennis running almost from the first day to the last. Sure, sport is all […]

Safe could mean sorry for DIY funds

PORTFOLIO POINT: Feeling spooked about how 2008 will affect your super fund pension? Research shows panic risk reduction is exactly the wrong reaction. A general levy of concern, if not pity, is held for those who were forced to start a super fund pension ahead of last year’s global investment markets rout. Could there have […]

DIY to-do list for 2009

PORTFOLIO POINT: Super fund investors will happily ring in 2009. And they won’t be shedding a tear for the departure of 2008. In the worst kind of way, 2008 will have been a life-changing year for many super fund members and trustees. There are many investors who have lost so much money in the last […]

Stiff upper lip, investors! The bottom is in sight

Stiff upper lip, investors. Keep it together. The end is in sight. Worst case scenario: Only 10 more sleeps. But Christmas is a time for optimism. So let’s look at it this way – there’s only six more trading days to go (and two of those are half days!) After that, investors, 2008 – one […]

DIY funds’ growth cools

The unconstrained growth of self-managed super funds is about to come to a stunning, but natural, end, according to respected research group Rice Warner Actuaries. The prediction follows a period of a phenomenal numerical increase, which has seen the number of SMSFs surge toward the 400,000 mark, and which may simply imply a return to […]

Time to move on from cash

PORTFOLIO POINT: It was nice while it lasted and it’s been a wonderful safe haven in a world of financial turmoil in 2008. But super fund investors will have to start searching elsewhere for another darling, as the days of cash being king are sadly numbered. Two nails have been hammered into the coffin in […]