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    Starting a SMSF

    I have subscribed to the SMSF newsletter of my choice and commenced buying. Currently the ASX sharemarket is expected to have a dipper dip/correction so will see how the 8 shares in our SMSF go. Strategy is to buy 5K parcels of ASX shares and I can choose from the following shares...
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    Starting a SMSF

    Richard You have written the NO NO word in your post 'trading'. Our accountant has given specific advice to me since I have previously traded shares and indexes using margin loans NOT to do so in SMSF. I don't trade overseas indexes anymore as too nerve racking for me due to lack of...
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    Starting a SMSF

    $1045 & $693 = $1738 Not sure which fee was for what eg. Trust Deeds for Super Fund, starting a trustee company Pty Ltd and accountants fees. I wanted to wait to pay set up fees from SMSF monies but accountant said fees can be contributions to SMSF (or something similar). Redwing - Hubby...
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    Starting a SMSF

    Should have said SMSF newsletter talks about shares that are suitable for Super Fund investment. Sheryn
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    Starting a SMSF

    I use Metastock software and Paritech data as well, I will subscribe to a SMSF newsletter as my Accountant has told me twice not to 'trade' shares. Super Fund cheque has been deposited in Credit Union Account - I wonder what happens to the money in the 4 business days it takes to appear in...
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    Starting a SMSF

    Thanks Qlds007. Have also heard IB is good. My ex broker recommends IB too but I am too busy to learn how to navigate another website this year. Will slot it in for late 2010 I have tried a few other brokers Westpac, Macquarie but I like CommSec's site Sheryn
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    Starting a SMSF

    OK We opened a new account in the name of the Super Fund at Credit Union and have deposited hubby's super cheque. Cheque won't be cleared till next Monday. Have opened account with CommSec to purchase shares. PLAN Roughly splitting hubby's Super money into 3 portions. 2 portions invested...
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    Starting a SMSF

    Oops [apologies] :o - don't let me loose with money or figures! We saw our Accountant at lunchtime and the paperwork has begun to start SMSF. Also I emailed the Financial Planner at the super fund to say 'thank you' as he has been a great help over the years. He spoke in a way I could...
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    Starting a SMSF

    Bill Still thinking... 1. Immediate short term - good interest rate of at least 4%. 2. Short term possibly - set up share trading account and buy/trades shares with a small % of funds. 3. Look for a property [house or unit] to buy possibly outright or with a loan [I have read that...
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    Starting a SMSF

    Geoff I know I can do better with the money than the fund. I have been watching the weekly increases in hubby's super since he retired - when there was no charge for 90 days. His super was going up about $100 per week, I reckoned it should have gone up $208 per week if money was invested at...
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    Starting a SMSF

    We certainly haven't got a super balance of $3mil .6% not .06% as you have above. The other little sentence which I didn't like in letter from Super fund was for people who have account balances over 500K in the Super Balance - they could apply for a fee rebate - for further information visit...
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    Starting a SMSF

    Received in the mail a letter from hubby's Super Fund notifying that they will charge a low administration fee of .06% calculated on the daily account balance etc. as from 12.8.2009 Bugger me that is about $1800 per year on a super fund that is invested in cash atm. We planned on starting...
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