PORTFOLIO POINT: Want your accumulation SMSF to pay no taxes whatsoever now? Or ever? Here’s how you can do it and why Ken Henry wants the Government to urgently clamp … Read More Pay no tax
All posts by Bruce
“Owning your own home has been the great Australian dream. How achievable is it these days?”
You mean these days? Like today? Well, um, probably not very. Bu-u-u-t … who needs a home, when for just $100,000, you could buy KITT – David Hasselhoff’s legendary wheels … Read More “Owning your own home has been the great Australian dream. How achievable is it these days?”
Super’s $750,000 question
PORTFOLIO POINT: At some point, investment options open right up, leaving you to wonder whether tomake an investment inside or outside your SMSF. Plus, the anti-SMSF Red Book commentary. I … Read More Super’s $750,000 question
“What was your first job, and what did it teach you about money?”
“Would you like fries with that?” I started flippin’ burgers just after I turned 15. Actually, that’s not true. I needed “experience” before I could cook the meat. My first … Read More “What was your first job, and what did it teach you about money?”
Salary sacrificing’s traps
Updated: 20 October 2015 PORTFOLIO POINT: Don’t go into salary sacrifice blindly just because you’ve heard you should. There are plenty of potential traps. Here’s how to avoid some of … Read More Salary sacrificing’s traps
“When it comes to household finances, should couples have joint bank accounts or separate ones?”
Good question, Mr Editor … if your aim was to create a flood of bookings with couples counsellors and divorce lawyers like Arnie Becker (Corbin Bernsen in LA Law). The … Read More “When it comes to household finances, should couples have joint bank accounts or separate ones?”
The DIY mortgage buster
PORTFOLIO POINT: Here’s another super salary sacrifice strategy touted to help pay off your home loan faster. If you can tick the boxes, it could save you a $10,000 to … Read More The DIY mortgage buster
“Should property investment be about rental income or capital gains? And will that change as I age?”
We’re talking property, so we’re talking fences. Here’s a general rule for Generation X and property investment: If it doesn’t have a fence, then steer clear of it. Capital gains … Read More “Should property investment be about rental income or capital gains? And will that change as I age?”
Super’s pressing need: Education
PORTFOLIO POINT: Take note Jeremy Cooper – Australians want to know more about their super. And that education can have multiple benefits. Everybody knows the gag about being treated like … Read More Super’s pressing need: Education
“What lesson did you learn as a child that has helped you through the investment challenges of recent years?”
It was the toughest lesson of my life and I still grapple with it today. But if I hadn’t learned it, I could never have become an investor at all. … Read More “What lesson did you learn as a child that has helped you through the investment challenges of recent years?”