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Edition: 99

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Edition 99

  • 6 March 2015

Living the life of a fixed rate bond, SMSF asset concentration, Buffett on risk, running a business within an SMSF, what our regulators are thinking about superannuation and investing in illiquid assets.

Is there an Uber or Amazon of wealth management?

Looking at the success and domination of Amazon, Google and Apple makes you wonder if the wealth management industry could experience the same type of market disruption as other industries have.

A journey through the life of a fixed rate bond

Bonds have the most predictable returns of any asset class, yet they are often maligned and misunderstood by market commentators who call them risky. Follow the 13-year life of this April 2015 bond and decide for yourself.

SMSFs drop the ball on risk in asset allocation

SMSFs take on more risk than they probably realise by investing assets mostly in Australian cash and equities. Diversifying investments within a risk tolerance could reduce losses if local markets sour.

Ten great quotes from Buffett’s latest letter

Warren Buffett’s eagerly awaited annual letter to Berkshire Hathaway shareholders came out this week. It marks 50 years since he and Charlie Munger took charge, and each has summarised expectations for the next 50.

Can an SMSF run a business?

It's tempting for an SMSF trustee to try to offset capital losses from share sales against other income by becoming a share trading business. It’s not easy to satisfy the provisions of superannuation law.

What are wealth industry regulators thinking about?

Senior executives from ASIC, APRA and the ATO spoke recently on the evolution of superannuation and the wealth management industry.

Illiquid assets and long-term investing

Many people would place ‘capturing the illiquidity premium’ on a list of benefits from long-term investing, but achieving additional returns is not as simple as just buying and holding an illiquid asset.

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How much do you need to retire comfortably?

Two commonly asked questions are: 'How much do I need to retire' and 'How much can I afford to spend in retirement'? This is a guide to help you come up with your own numbers to suit your goals and needs.

Meg on SMSFs: Clearing up confusion on the $3 million super tax

There seems to be more confusion than clarity about the mechanics of how the new $3 million super tax is supposed to work. Here is an attempt to answer some of the questions from my previous work on the issue. 

The secrets of Australia’s Berkshire Hathaway

Washington H. Soul Pattinson is an ASX top 50 stock with one of the best investment track records this country has seen. Yet, most Australians haven’t heard of it, and the company seems to prefer it that way.

How long will you live?

We are often quoted life expectancy at birth but what matters most is how long we should live as we grow older. It is surprising how short this can be for people born last century, so make the most of it.

Australian housing is twice as expensive as the US

A new report suggests Australian housing is twice as expensive as that of the US and UK on a price-to-income basis. It also reveals that it’s cheaper to live in New York than most of our capital cities.

Welcome to Firstlinks Edition 566 with weekend update

Here are 10 rules for staying happy and sharp as we age, including socialise a lot, never retire, learn a demanding skill, practice gratitude, play video games (specific ones), and be sure to reminisce.

  • 27 June 2024

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