Finance Archive

Everyone knows that the SMSF is the most popular retirement investment in Australia. This is due to the fact that it offers extremely versatile and flexible investment options with almost no restrictions. Besides that, SMSF offers full control over fund assets and numerous investment options which is one of its greatest advantages. However, in order to successfully run an SMSF, you need a proper superannuation investment strategy. Knowing the ins and outs of the SMSF will definitely help you create a superannuation investment strategy that will work best for you and bring you benefits and other opportunities down the road. Unlike other investment funds, this fund requires you to have a strategy by law, which should be in compliance with the ATO (Australian Taxation Office)

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If you had any doubts about setting up an SMSF before, and you no longer have them, congrats – I guess you came to your senses and realised that life doesn’t end once you retire. In fact, some people would even say that life begins after you retire, because you no longer have a job for which you need to get up at 7 in the morning, nor you have obligations and deadlines to stress over. You’re free to do and go wherever you want to. However, as good as all this may sound, it comes at a certain cost. And in order for you to be able to live the good life in your golden years, you need to start saving now. The truth

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The SMSF is still an uncharted territory for many Australians. If you are one of them and want to start investing funds for your retirement, you’ve probably considered starting your own SMSF. However, you don’t have the necessary knowledge, you’re still hesitant and all the information about the fund is a bit overwhelming to take all at once. But worry not, there are companies that offer SMSF administrators that can guide you through the beginning of it all until you feel comfortable running it on your own. The great thing about hiring SMSF administrators is that they’re very flexible. You can decide how much of the work you want to leave to them, and how much you want to handle by yourself. In other words,

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If you have a head for finance and excel in critical thinking, then you should consider getting into the broking business. It’s a field that involves a lot of decision making, financial analysis, knowledge of the law and economics. Often times you’ll find yourself working as a consultant to people who are in need of a loan to acquire their new home, and you’ll be there for them to find a solution about how to best approach the issue. Working in this field is very rewarding, both financially and emotionally – helping other people acquire their dream homes gives people a sense of fulfillment. However, working in this field requires a mortgage broker license, which can be obtained through an online course. Thanks to modern

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In today’s modern society, it’s not very easy to find the right way to ensure your future incomes. Everyday, we can witness many situations where people lose everything they’ve earned throughout their entire life in just a few seconds, as a consequence of only one bad decision. No one wants to walk in their shoes, right? Often, we wonder about what kind of retirement plan one should concentrate on and when. Nowadays, the alternatives are various, and the risks are great, knowing that no one is immune to failure. That is why now would be the right time for you to take your future into consideration and start thinking of a retirement fund that suits you the most. The latest trend that is precisely tailored

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In recent years, using your SMSF to buy property is becoming more and more popular. But, before you acquire property through your super fund, you need to carefully consider your decision. This means that you need to ensure your SMSF supports your general investment strategy and avoids any unnecessary risks. There are many advantages to having property in SMSF including tax. Your SMSF will be taxed at just 15 percent, which is way lower than the personal tax rate of most people. And not only will your super fund be taxed at a lower rate, capital gain tax may also be discounted. The capital gains tax is calculated at a discount rate in case the property is sold during the accumulation phase. If the asset

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One of the benefits of running a self-managed super fund is the ability to have a great control over the tax position of the fund. However, in order to abide by all the rules and minimize the risk of breach you need to arm yourself with all the important information about your taxation obligations. First of all, you must be familiar with ATO – the official government regulator for SMSF which supervises the compliance of the fund with superannuation and taxation law. SMSF is taxed on the foreign credit and foreign divided, but can claim the foreign credit against any tax payable. This means that the fund will pay 15% SMSF tax rates which include: dividends, interest, managed fund distributions, concessional contributions, capital gains and

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Math is not exactly the easiest thing in the world to handle; it requires a fast brain for calculations and manipulations, reasoning to choose the right solution method and interest in order to understand and explain that solution. And most of you hate it. But fortunately, technology has your back in the form of an advanced calculator. Advanced calculators, like graphic calculators, can do all sorts of calculations and even offer you illustrative solutions with graphs and columns. Everything from fractions, functions, integrals and similar can be solved by graphic calculators. The online high school calculator offer is wide, and to choose wisely, you need to know a few tricks and have some basic information on calculators

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The main purpose of setting up your own retirement fund is to invest and gain more. As we all know, SMSF is the perfect way to invest in your future since it offers great flexibility and ensures comfortable, secure and happy retirement. Investing in your own future and having the full control over it, will generate a better run than investing in other super fund. With the right approach, professional SMSF advice, planned investment strategy and management, you can improve the performance of your fund. Besides all this, the ideal way to boost your SMSF is to be constantly involved in the managing of the fund and decision making process. To find out more about how to boost the performance of your fund, take a

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Investing in properties overseas seems to be a world-wide trend, especially here in Australia. At the moment, the US real estate market seems to be favourable choice. More and more Australians decide to invest their money in USA properties due to low selling prices of residential properties, low interest rates and high profit opportunities. image source: SMSFWarehouse.com.au But all that shines is not gold. Given the fact that you are not on your own territory, you may easily became a victim of USA property investment scams. In fact, majority of Australians that have decided to invest in the US real estate without the help of a professional accountant and real estate agent, got scammed. To save yourself troubles and avoid getting scammed follow the tips

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