PORTFOLIO POINT: Regulatory risk fatigue is a major factor in why you’re putting less into super. But some of you want me to “Stop encouraging the whingers, Bruce!” If ever … Read More Super comment stirs a hornet’s nest
All posts by Bruce
“What are the ramifications of declaring bankruptcy, and is it worth it for some people?”
Declaring bankruptcy is to your personal finances what turning your back on your team is to being a football fan. They are both a declaration that you’ve given up. You … Read More “What are the ramifications of declaring bankruptcy, and is it worth it for some people?”
Fleeing DIY super – Why Eureka Report readers are turning away from SMSFs
PORTFOLIO POINT: Contributions to SMSFs are down dramatically and your verdict is in – Labor’s attack on “wealthy” trustees is responsible. And you’re very angry. Here’s what you said in … Read More Fleeing DIY super – Why Eureka Report readers are turning away from SMSFs
“Which is the best generation when it comes to managing their money, and which is the worst?”
How to defend the indefensible! Giving Gen Y some credit for future financial potential? Retirees are great with money. No question there. And I’ll ignore Gen Y. Like my 3yo … Read More “Which is the best generation when it comes to managing their money, and which is the worst?”
SMSF mystery
PORTFOLIO POINT: Why did SMSF super contributions plummet in FY2010? Plus Labor exercises good sense in ignoring Cooper’s arts ban recommendation. Okay, hands up if you increased contributions to your … Read More SMSF mystery
“What is the most important insurance for your generation to have and why?”
Simple answer. But the problem is that insurance is the “great grudge purchase”. So, let’s set the scene. Gen Xers are at an exciting, if exhausting, life stage. Marriage, mortgage … Read More “What is the most important insurance for your generation to have and why?”
Death and taxes
PORTFOLIO POINT: If you don’t know what day you’re going to die, a little forward planning for your super assets is an imperative. When the Howard Government made super tax … Read More Death and taxes
“Nobody likes to lose money. What are the biggest financial rip-offs we should watch out for?”
You only want to hear “Come in spinner!” when you’re having a once-a-year flirt with an ANZAC Day two-up school. But every day, people are stalking you, trying to catch … Read More “Nobody likes to lose money. What are the biggest financial rip-offs we should watch out for?”
How does your SMSF measure up?
PORTFOLIO POINT: The stats to June 30 are finally in. Today, rate your own performance as an SMSF investment manager for FY2010. For the first year in three, most super … Read More How does your SMSF measure up?
“When a family member suffers financial problems, what do you do? Compassion or tough love?”
How wealthy am I pretending to be? JR Ewing loaded? Mother Theresa poor? Or a mixture of Dan Akroyd and Eddie Murphy in Trading Places? The point being, if you’re … Read More “When a family member suffers financial problems, what do you do? Compassion or tough love?”