SMSF Investment StrategiesSharing Simple Strategies for Self Managed Super Funds
-->
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 [...]
Part 3 – Elephants Can’t Juggle Eggs
“An investor needs to do very few things as long as he or she avoids big mistakes” – Warren Buffet, Berkshire Hathaway Annual Meeting, 2000 In the first post in this mini series I talked briefly about the inability of public super funds to act quickly, followed by a post which discussed control, and last [...]
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 [...]
Compare apples with apples
I read with amusement an article I found on the website of a SMSF services company that compared the fees they charged for doing SMSF administration with the management fees charge by large Super Funds and of course concluded that it was cheaper to have an SMSF. The writer of the article is assuming the [...]
Start a SMSF for the right reasons
With the poor returns last year from most super funds, a number of people I talked to recently have shown interest in starting their own SMSF, when they hear that I have one. Most of the questions I get are related to fund administration and cost e.g. how to start a fund, how much does [...]
