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Cashflow

7 mistakes in running a self-managed super fund (SMSF)

Thinking about an SMSF? Here’s part 2 of a 3 part series on what you need to know…

Running a SMSF isn’t all rainbows and unicorns, and there’s no shortage of bad decisions you can potentially make when it comes to your money. So here’s a few things to avoid on the SMSF path.

Here’s my top 7 mistakes when running an SMSF;

Want a Self-Managed Super Fund?

Here’s part 1 of a 3 part series on what you need to know…

Self-managed super funds (SMSFs) are often a topic for discussion when there’s an asset boom like there is right now. Everyone feels like an investment hero when the tide is rising but you need to keep your wits about you, and SMSFs are no exception.

3 reasons credit cards suck and what to do about it

I’m not going to lie to you, I hate credit cards with a passion!

When the average interest rate for a home loan is sitting at a paltry 2.5%, credit card providers are still charging 20%. Yes, SERIOUSLY 20%!

Pandemic DAY TRADING surges …but don’t give away your profits to the tax man!

The share market has risen 35% in the past 12 months so anyone who’s owned shares has enjoyed the meteoric rise.  The volatility in the market has brought out the day traders in droves.

Too many traders don’t consider the tax effects of their actions whilst at the same time bragging about the gross returns.  But those returns can be heavily impacted by the frictional costs of transactions and taxes.

4 ways to fix your cash flow problems

As we experience yet another Covid lockdown and lockout across the country, and now without the JobKeeper safety net, it highlights the importance of cash flow in Australian businesses.

How do YOU manage YOUR cash flow?

Would you drive your car blindfolded?

How long would you last before you crashed whilst driving blindfolded? The answer is obviously not long. Even if you knew the road and drove it every day you’d still crash within a short distance.

Yet hundreds of thousands of small business owners run their business’s exactly like that because they have no optics on their financials. No optics, no direction, no destination!

Booming property, flatter shares and cash is no longer king!

You may have noticed that the share market has taken a breather in the past few days and property continues to rise.

Want to own property with your super?

Here’s five ‘must knows’ to owning property in super

Property price boom raises questions for investors

As we start to get used to double digit price growth in housing markets around Australia, it raises some questions for property investors about maximising deductions and minimising taxes. What better time to get yourself organised than at the beginning of the year and get yourself sorted with the right advice. Three of the most […]