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Managing a Share Portfolio - Personal Funds Management for ProfitSummary
This report is about investing directly in Australian shares for profit, not about using the Share Market as a Casino.
Special points of interest:
• Analysis of almost seven decades of Australian share market performance shows average per annum performance of around 11%. This confirms the importance of patience, diversification and time in the share market;
• The importance of understanding and applying basic principles to recognise when shares in good companies are reasonably priced. And being disciplined to sell when those shares become expensive;
• Why planning to be wrong is an important part of being a seriously successful investor.
Off Farm InvestingSpecial points of interest:
- A strategy for making capital rationing decisions in order to get some assets off the farm;
- How to invest off-farm;
- Keeping the tax bill down;
- Using Superannuation to increase retirement incomes;
- Effective Retirement Income strategies;
Self Managed Super Funds
Summary
Self Managed Super Funds (SMSF's or DIY), are the fastest growing sector for superannuation savings in Australia. As at December 2006 there were over 310,000 SMSF’s holding over $200 billion in assets. This raises two questions:
• Why is superannuation such an attractive vehicle for accumulating savings for retirement?
• Why are SMSF’s proving to be so popular?
Special points of interest covered in the report
• Find out about the substantial tax concessions available through super and how they can boost your retirement incomes. These benefits are generally not well understood.
• A Self Managed Superannuation Fund may be the best choice if you have a large sum to invest and are looking for wide investment choice, flexibility and lower costs.
• More choice and control means more responsibility so expert administrative and management support is very important to maximise your financial resouces for retirement.
• Changes to superannuation rules in the May 2006 Federal Budget have added to the attraction of super as the preferred option for investing for your retirement.
Personal Risk ManagementSummary
Most people spend their whole life seeking to have the best time possible, without exposing themselves to serious personal, professional or financial risk.
While many spend their lives oblivious to the risks that surround them, it is better to take the time to ensure that if something untoward occurs, the damage caused is minimised.
Special points of interest covered in the report
What Risks Need To Be Covered?
• Health Risk – being unable to handle serious health issues in a timely manner.
• Income Risk – the loss of earning capacity through disability or death.
• Investment Risk – the potential loss of investment capital through poor investment selection.
• Business Risk – the loss of profit and business value through the death or disablement of a business partner/key employee or the potential threat to assets should a business collapse.
• Estate Risk – the potential threat to assets posed by creditors in a business collapse, ex-spouse in a marriage break up or business
partners in a business break up.
• Personal Asset Risks – loss or damage to personal assets, such as a home, contents, car, personal items and public liability.
Making Sound Decisions When Changing Jobs or Accepting a Separation PackageSummary
Notice of redundancy, voluntary early retirement or resignation nearly always comes suddenly. For many people, this can be a time of anxiety and confusion. For others, it can be a welcome opportunity to reassess lifestyle and career objectives.
Whatever the circumstances, it is a time when many important personal and financial decisions must be made - decisions that could save or cost many thousands of dollars and vitally impact your future way of life.
Some of these decisions, which are discussed in this Report, include:
• Should the debts be repaid?
• What should be done with superannuation & separation money?
• Are retirement and other financial plans still "on track"?
• Should Government Assistance be applied for?
• How can taxation be minimised?
The Report also outlines viable investment strategies for people retrenched or changing jobs, together with some useful ways to minimise income tax, lump sum tax and excess benefits tax and to maximise Social Security benefits.
Family Business - Locking in your family's wealth -Summary
Family businesses make a huge contribution to Australia's economy. Those that survive to successive generations can become the most rewarding, both financially and emotionally, with enormous benefits to their family and their immediate community.
Special points of interest covered in the report
• Typical growth path of a successful business and when to seek advice.
• Business succession planning - whether to sell or retire with peace of mind while the next generation takes the family business onward.
• A strategy to reduce dependence upon your family business while building and consolidating your family's wealth.
• How to minimise tax and get more retirement income.
