With every speech that Superannuation Minister Chris Bowen makes in regards to Labor’s vision for the future of superannuation, the picture gets clearer. And exponentially more concerning. Significantly for Eureka … Read More Super rich: You have been warned
All posts by Bruce
“Blue chips versus speculative stocks – where do investors get the biggest share market gains?”
You’ll always make the biggest killings and blow the most dough in the same darn place – where the risks are highest. The following stats from the top of the … Read More “Blue chips versus speculative stocks – where do investors get the biggest share market gains?”
Children are information sponges, so how do we transfer positive values about money to them and help them avoid our bad habits?
Start them young. If their first full sentence isn’t “Dad, show me the money!”, then you’ve been a neglectful parent. You should probably be jailed. In Monopoly prison. “Learned behaviour” … Read More Children are information sponges, so how do we transfer positive values about money to them and help them avoid our bad habits?
Eight ways to gear DIY super
PORTFOLIO POINT: Here are the top eight SMSF gearing tips from super strategic guru Grant Abbott. The onset of the Global Financial Crisis ruined a few global parties. Overzealous equity … Read More Eight ways to gear DIY super
“Partnerships in property: What do you think about taking a three or four-way share in residential real estate?”
No problem at all – so long as all partners promise never to change any of their personal circumstances. Ever. Nobody is to get married, divorced, have any more children, … Read More “Partnerships in property: What do you think about taking a three or four-way share in residential real estate?”
“Building a nest egg is vital, but is there a better alternative to superannuation instead of locking your money away until age 60?”
Milli Vanilli had two problems. Their names were Rob Pilatus and Fab Morvan. Both were singing frauds. Similarly, super has two major downsides for Gen X. The first is access: … Read More “Building a nest egg is vital, but is there a better alternative to superannuation instead of locking your money away until age 60?”
Super noose tightens another notch
PORTFOLIO POINT: Heard about “reportable super contributions”? They’re another Rudd Government attack on the wealthy. Here’s how they work. Means testing was launched back onto the political agenda with the … Read More Super noose tightens another notch
“Budgeting is one of the most boring words in the English language. Can we make budgeting sexy?”
You want boring? Kevin Costner’s The Postman. You want sexy? Rolling around in big piles of cash in your underwear, like Allison Dine (Anna Hutchison) in Underbelly. Bucks and budgets … Read More “Budgeting is one of the most boring words in the English language. Can we make budgeting sexy?”
Winning the lottery is many people’s idea of a financial plan. If you do strike it lucky, what should you do with it?
Show no emotion. For God’s sake, zip it! Stuff the ticket back in your pocket and continue to stare at the TV or newspaper like nothing happened. Calmly, get the … Read More Winning the lottery is many people’s idea of a financial plan. If you do strike it lucky, what should you do with it?
DIY funds grow, as do their challenges
Two of the worst years for investing in the nation’s history and legal headwinds for trustees have not dented Australians’ desire to take personal control of their super. At the … Read More DIY funds grow, as do their challenges