Part 2 – Elephants Can’t Play Pool

The first post in this mini series, Elephants Can’t Dance, talked briefly about the inability of retail super funds to act quickly.  In this post I talk about the reason for us wanting control of our funds, and in the final post, I’ll cover the third key reason why we started our own SMSF, managing [...]

Part 1 – Elephants Can’t Dance

This is the first of three postings I plan to make covering the 3 fundamental decisions that led us to our decision to open our SMSF: 1) ability to act quickly, 2) ability to control, and 3) ability to protect our investments.  You may have already noticed that I have not made any reference to [...]

Cost effective education using the internet and staying updated using RSS feeds

This is a quick post to let you know that we have recently signed up for a Blogging Course and we learning heaps of new things to help us improve this blog. If you have visited before, you would have noticed a big change to the look of this blog. I have decided to pay [...]

Think like a Professional Fund Manager

According to this article “Small Funds now Biggest Sector of Super Industry” in The Australian newspaper, Self Managed Super Funds have become the biggest sector in the Superannuation industry since October 2008.  As mentioned in a speech by the Deputy Commission of Taxation in a SMSF conference in February 2009, funds invested in the sector [...]

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