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Posted in Superannuation
#EveryoneNeedsaPlan When Considering Crypto Investments in Their SMSF
Posted by G. Dean McKinnon
on 25 February 2022
ASIC recently published a warning about including crytocurrency ('crypto') investments in Self-Managed Super Funds (SMSF).
Unlike traditional investments crypto investments are difficult to research and rate unlike commonly traded investments such as cash, property, shares. As a result, the investor is placing their investments at high risk of the return and capital invested. Further, crypto investments are generally not traded on traditional market platforms such as stoc...
Unlike traditional investments crypto investments are difficult to research and rate unlike commonly traded investments such as cash, property, shares. As a result, the investor is placing their investments at high risk of the return and capital invested. Further, crypto investments are generally not traded on traditional market platforms such as stoc...
| Posted in:SuperannuationInvestment | 0 Comments |
#Everyoneneedsaplan to Maximise Super Contributions from 1 July 2020
Posted by Dean McKinnon
on 14 September 2019
If you are aged 65 to 67 you may be able to contribute an additional $200,000 to your super from 1 July 2020.
The federal government is currently in the process of making changes to super contribution laws and from 1 July 2020 the "Work Test" requirements for super contributions are likely to be amended.
Effectively this will mean from 1 July 2020 if you are aged between 65 and 66 you will be able to make voluntary contributions to your super (concessional and non-concessional...
| Posted in:SuperannuationRetirementFinancial Planning | 0 Comments |
#Everyoneneedsaplan when speculating with bitcoin
Posted by G. Dean McKinnon
on 20 December 2017
What do you know about bitcoin?
Dean has a few tips to help you understand:
Bitcoin is similar to a currency (cash) and is used to pay for goods and services, usually Internet purchases;
The difference is bitcoin is not regulated by any government and therefore governments don't control the supply;
There is massive speculation that bitcoin will replace cash for purchases (specifically on the Internet) and this is fuelling the price;
Bitcoin ...
| Posted in:EconomicSuperannuationInvestment | 0 Comments |
The Top 5 Tips For Choosing Your Financial Planner
Posted by Dean McKinnon
on 14 October 2015
 "The Top 5 Tips For Choosing Your Financial Planner")
Choosing a Financial Planner or Financial Advisor can be a difficult process, particularly if you have never had any dealings or experience with financial issues in the past, so here are my TOP 5 TIPS for helping you choose the right financial planner for your particular needs.
1. Firstly, you need to determine if you require a Financial Planner, or a Financial Adviser.
A Financial Planner generally differs from a Financial Adviser in that a Planner provides you with a F...
| Posted in:PropertyTaxSuperannuationRetirementMortgages and FinanceInvestmentInsuranceFinancial PlanningSocial Security | 0 Comments |
Top 5 Tips for Financial Planning In Your 50s
Posted by Dean McKinnon
on 7 October 2015
 "Top 5 Tips for Financial Planning In Your 50s")
Uh-oh, the fun-time 40s are over, and the financial-planning 50s have begun!
It's actually not that bad. Your 50s are the time which you can use to fine tune your financial plan that will likely mean you don't have to work any longer. Financial independence is so close you can just about smell the coconut palm trees! So that's got to be good has it not?!
In your 50s, it's time to stop thinking "someday I would like to be financially independent...
It's actually not that bad. Your 50s are the time which you can use to fine tune your financial plan that will likely mean you don't have to work any longer. Financial independence is so close you can just about smell the coconut palm trees! So that's got to be good has it not?!
In your 50s, it's time to stop thinking "someday I would like to be financially independent...
| Posted in:PropertyTaxSuperannuationRetirementMortgages and FinanceInvestmentInsuranceFinancial PlanningSocial Security | 0 Comments |
