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SMSFs using Bonds to Generate Income
While too few hold them, every investor should have an allocation to bonds given their higher income compared to term deposits and the unique protection they offer. For example, if you hold bonds to maturity, you know when interest will be paid to you and that capital will be repaid at maturity. There are many strategies you…
DetailsChanges to Baby Bonus Payments
The provisions within the Family Assistance and Other Legislation Amendment Bill 2013 which provided for the repeal of the Baby Bonus (BB), have now taken effect. The BB will no longer be paid for children born or adopted after 1 March 2014. FTB Part A will be increased to replace the BB for children who are born,…
Details3 tips for an error-proof investment plan
If you’re going to set up a self-managed super fund (SMSF), you should keep it simple. Otherwise, the trustees/members can end up way over their heads because they don’t understand what they are doing and they get it wrong. So what is the key to keeping it simple? 1. Avoid “gimmicky” investments It is about…
Details3 Good Reasons to Have a SMSF
Morningstar (one of the world’s foremost investment research analysts) has taken the initiative to provide SMSF Trustees this week some tips, ideas, concerns and strategies to help navigate and understand their rules and obligations and to provide an in depth look at the types of investments available to Members of SMSFs. We plan to provide…
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