One of my biggest financial mistakes was not setting up a Self-Managed Super Fund (SMSF) earlier to take control of my retirement savings. The flexibility and investment choices available with an SMSF can be game-changing, but navigating the complexities can be daunting without the right guidance.
Timing the right investments and managing compliance is notoriously difficult, even for seasoned investors. Consulting with a financial advisor can provide tailored advice to help you make the most of your SMSF, from tax strategies to portfolio diversification.
I've been working with a financial advisor ever since I started managing my super fund. Knowing today’s financial climate, the challenge is understanding when and where to invest. My advisor carefully selects the right assets and manages compliance, ensuring my SMSF grows steadily. Over the last year, my fund has seen a growth of over 90%, thanks to their expertise in setting up and managing everything efficiently.
There is plenty of advise for people that are say 67. But if you >55 you can not afford crash and you can not afford having supper in fixed interest or very conservative either). Period between 55 - 60, 60-67 are very tricky. Right now 3/8/24, SMSF having portfolio of say GOLD 15% (physical gold), ETPMAG 15% (physical silver), 40% cash (5% interest), rest in NDQ, IVV, A200 INDEX 30% over which you sell options plus dividends at strike prices you would not mind to own them of selling put spreads.
There is one exception to 3. If you have a defined benefits scheme , it usually is a bad idea to pull out or rollover out of these schemes into a standard (defined contributions ) super scheme. Defined benefits schemes are now rare and are gold.
Exactly right Pete excellent comment. I’ve been in a Defined Benefit fund all my working life and I’m approaching full time retirement this year. I would add that a low cost market linked Sharemarket fund over a long period of time will fit in well with a long term investment strategy and timeframe .
Hi, while I can't give you personal advice you might find this blog useful which discusses some of the important factors when considering super funds in your 50s: blog.stockspot.com.au/best-balanced-super-funds/
One of my biggest financial mistakes was not setting up a Self-Managed Super Fund (SMSF) earlier to take control of my retirement savings. The flexibility and investment choices available with an SMSF can be game-changing, but navigating the complexities can be daunting without the right guidance.
Timing the right investments and managing compliance is notoriously difficult, even for seasoned investors. Consulting with a financial advisor can provide tailored advice to help you make the most of your SMSF, from tax strategies to portfolio diversification.
I've been working with a financial advisor ever since I started managing my super fund. Knowing today’s financial climate, the challenge is understanding when and where to invest. My advisor carefully selects the right assets and manages compliance, ensuring my SMSF grows steadily. Over the last year, my fund has seen a growth of over 90%, thanks to their expertise in setting up and managing everything efficiently.
Sounds interesting! Could you share your advisor's information? I'm looking for someone experienced in SMSFs.
There is plenty of advise for people that are say 67. But if you >55 you can not afford crash and you can not afford having supper in fixed interest or very conservative either). Period between 55 - 60, 60-67 are very tricky. Right now 3/8/24, SMSF having portfolio of say GOLD 15% (physical gold), ETPMAG 15% (physical silver), 40% cash (5% interest), rest in NDQ, IVV, A200 INDEX 30% over which you sell options plus dividends at strike prices you would not mind to own them of selling put spreads.
Great video, it really is. Very professional and clear. Also, good camera work.
There is one exception to 3. If you have a defined benefits scheme , it usually is a bad idea to pull out or rollover out of these schemes into a standard (defined contributions ) super scheme. Defined benefits schemes are now rare and are gold.
Exactly right Pete excellent comment. I’ve been in a Defined Benefit fund all my working life and I’m approaching full time retirement this year. I would add that a low cost market linked Sharemarket fund over a long period of time will fit in well with a long term investment strategy and timeframe .
go to cash before the market drops is fine, knowing when to get back in is the key
No risk no extra money
Hi I’m 50 years old I’ve got 60% of my super in conservative 30% in growth and 10% in high growth. Is this a good move?
Hi, while I can't give you personal advice you might find this blog useful which discusses some of the important factors when considering super funds in your 50s: blog.stockspot.com.au/best-balanced-super-funds/
Please blink
I think he was blinking at exactly the same time as you so it appeared to you that he wasn't blinking.
Wow, yeah please Chris.
😂 intense (reaching for my eye drops)