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  1. Paul@PFI

    Another SMFS Thread

    Really a generalisation since they don't publically disclose. Anecdotally nobody with a bad SMSF outcome brags about it. Arguably very few SMSF members would even know what % return they achieve since its usually a share of the net income not a % return. - Some do well - So do very poorly -...
  2. Paul@PFI

    Another SMFS Thread

    Yes. That's why a SMSF can provide an advantage. You are incorrect that the investor can "go to cash" that easily. Some funds only allow a change once a week meaning you can miss the boat in a correction. Some are still stuck in illiquid mortgage funds because of it. Yes, The investor can...
  3. Paul@PFI

    Another SMFS Thread

    I always explain to clients a SMSF isn't a structure. Its a vehicle to enable personalised strategy that cannot be achieved using other forms of super. If the person lacks the capital to make it viable or the talent, time and drive to make strategies work then a SMSF is not right. That's...
  4. Paul@PFI

    Another SMFS Thread

    Terry just explained one of the benefits of seeking qualified advice. The minimum super in this present tax year is 9.50% not 9.25%. All it takes is a pay rise, a bonus even and the well intention sal sac strategy becomes an excess contribution problem.
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