SUMMARY: Comminsure scandal should highlight the need for insurance for SMSFs members, not turn them off. Insurance industry scandals make the tough job of buying or selling insurance tougher – … Read More Insurance scandals: how to get your SMSF cover right
All posts by Bruce
Investing as habit a good start
This might sound a little voyeuristic, but watching investment markets go into meltdown can sometimes be a bit of fun. Grab some popcorn. From the right vantage point, you can … Read More Investing as habit a good start
Fact check: Have SMSFs peaked?
SUMMARY: Have SMSFs peaked? One big industry fund claims to be stealing SMSF business, but ATO statistics are not supportive. Are Australians “over” DIY super? Have we tired of the … Read More Fact check: Have SMSFs peaked?
Think thrice before heeding consolidation calls
It’s time to debunk a dangerous, omnipresent, truism of financial advice. “Consolidate your super”. The advice is portrayed as gospel-like. Question it and you’re an idiot, wasting money, lining super … Read More Think thrice before heeding consolidation calls
Falling market opportunity. Get sold off shares into your DIY fund
SUMMARY: Looking for a potential win in this bleak market? It’s time to reacquaint yourself with in-specie transfers into super. If there are any rays of sunlight poking through this … Read More Falling market opportunity. Get sold off shares into your DIY fund
Two fears blend for one nightmare
Bastards. It’s like some financial arch-devil was sent down to blend all of my worst fears into a single nightmare. What the hell is going on? Both sides of politics … Read More Two fears blend for one nightmare
Retirement is not the best option
It’s a horrible realisation that hits everyone in about their late 30s. You are older than any of your sporting heroes. They’ve retired. Unless you watch lawn bowls, … Read More Retirement is not the best option
Don’t let debt mountain make a monkey out of you
Just another January … after another massive spending season, we get smashed on the stock market to the tune of tens of billions of dollars. Can’t we just take a … Read More Don’t let debt mountain make a monkey out of you
DIY fund property investing gets a body blow
SUMMARY: SMSFs face greater restrictions in 2016 for borrowing to buy property. The banking regulator didn’t just bark a little in 2015. It bared its teeth and showed it knows … Read More DIY fund property investing gets a body blow
The top nine risks for DIY fund operators in 2016
SUMMARY: No time to relax. SMSF trustees need to consider the risks ahead in 2016 and act now. It’s been nicely quiet out there in DIY super regulation land. Occasional … Read More The top nine risks for DIY fund operators in 2016