Vintage/veteran/muscle cars are considered collectibles and personal use assets. It’s important to know that when it comes to your SMSF, collectibles and personal use assets can’t be: leased to, or part of a lease arrangement with, a related party used by a related party stored or displayed in the home of a related party the investment must…
Being an Investor: The 11 attributes of successful investors
Content provided by Magellan Written by Hamish Douglass, CEO, CIO and Lead Portfolio Manager In December 2009 I wrote that “we are in the business of investment and not speculation”. To be in the business of “investment” is to have a mindset that when purchasing shares on stock markets, you are buying an entitlement to…
August 1, 2016
Investment tips for your SMSF – Part 1
You don’t put money into your SMSF for it to sit in cash for 30 years or more. Your intention is to invest for your retirement and to get the best return you can now to ensure you have enough to live comfortably when that time comes. When you are investing your savings in your…
How do I benchmark?
June 2016 Over any investment period, if you want to benchmark the performance of your Self-Managed Super Fund (SMSF) your-self, you need to work out 3 things: Your investment return over the period, using a TimeWeighted Return (TWR) method Your average asset allocation over the period How your return compared to other SMSFs or a…
What do I benchmark against?
May 2016 If you compare the investment performance of your Self-Managed Super Fund (SMSF) to inappropriate benchmarks, you risk taking action based on incorrect information, which could have significant implications. The benchmarks typically used by SMSF investors are: The S&P ASX200 Index A listed property index The cash rate A multi-sector model portfolio The problem…
What you need to consider when preparing an investment strategy
A key reason for many individuals choosing an SMSF over other superannuation funds is to have control over their fund’s investments. However, you must balance this freedom of choice with your responsibilities as trustee to ensure that you invest within your SMSF in a manner that is prudent and in accordance with the superannuation laws.…
November 4, 2015
What is involved in running an SMSF?
Running an SMSF can be complex, but relax, it can be simpler than it sounds. While it is encouraged to take advice from professional advisors to help you run your fund, ultimately you, as an SMSF trustee, are responsible for the success of your SMSF. So, don’t stress out! We’ve prepared the following checklist to…