SMSF Investment StrategiesSharing Simple Strategies for Self Managed Super Funds
Update on China’s 8% GDP growth
China has declared a target of 8% GDP growth for 2009 and from economic statistics released by the Chinese governments, it looks like they are on track to achieve this. This is very impressive considering Russia another member of the high growth “BRIC” nations (comprising Brazil, Russia, India and China) has just declared a -10.1% [...]
Why I am (still) buying Telstra
Today is expiration day for August 09 ASX Exchange Traded Options. By end of today, I will know if SLI Super would have become the owner of another 9360 Telstra shares. On 20 July 2009, I sold 9 contracts of Telstra 3.36 Aug09 put option for 0.15 per share. At the time of writing this [...]
House of Cards
Last weekend, Kingsley and I watched this excellent documentary from CNBC called “House of Cards” from their special report “Boom, Bust and Blame – The Inside Story of America’s Economic Crisis“. If you can spare 90 mins, I would highly recommend that you watch it as it traces through how the housing bubble began in [...]
2009 Performance of SMSFs
Last week we had a few performance reports released for SMSFs and large super funds. On Thursday 20 Aug 2009, the large SMSF administration specialist Super Concepts released the average annual returns and average asset allocations for 2008-09 for a sizeable portion of the funds under its administration. Thanks to Robin Bowerman for bringing this [...]
Is China a leading indicator?
China’s stock market started rebounding in November 2008, about four months before most other global markets which only started their rallies around March 09. I have been watching the Shanghai Composite Index (ticker symbol ^SSEC on Yahoo Finance) which has rallied about 100% since Nov 2008 and seems to have peeked around early August 2009. [...]
How your SMSF can profit when the market goes down
Stock investors can only profit when stocks go up in price. The only way for a stock investor to profit in a falling market would be sell short but most people are uncomfortable with short selling. Short sellers are perceived negatively and are frequently blamed by regulators and company CEOs for causing stock prices to [...]
What is the true state of the banking industry?
There seems to be a lot of good news about the banks in the popular media lately, both locally in Australia and in the US. Bank earnings have exceeded analyst expectations and some of the banks have even managed to pay back the government bailout funds. Consequently, the stock price of the big banks have [...]
Create your own DIY capital protected investment
Every now and then I would get emails from my broker to ask me to buy some special Capital Protected investments. These products are generally share investments with a guarantee that your capital will be protected if the share falls below your purchase price, and you can keep any capital gains made if the share [...]
Insuring your paper assets
Last week a storm damaged the fences on one of our investment properties. I check our insurance policy and was relieved to find out that storm damage was covered and the maximum cost of repair to me would be $300, which is the level of “excess” I chose when I bought the insurance. Almost everyone [...]
Is a SMSF right for you?
I am doing a series of guest posts on my accountant’s blog on the topic “Is a SMSF right for you?” as we were both concerned that some people may be starting SMSFs for the wrong reasons. Today’s post is about the importance of compliance:
Superannuation in Australia is governed by specific regulation called the Superannuation [...]
