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Archive for June, 2011
Tips on Investing in Mutual Funds
Building an investment portfolio has many benefits. Mainly, you will earn money. You could invest for retirement or invest to build a discretionary portfolio. There are several ways to invest. You can invest in stocks, bonds, commodities, etc. If you’re aren’t interested in spending a lot of time researching and investing, mutual funds may be a good alternative for you.
A mutual fund is when many investors pool their money together and that money is invested into many investments such as stocks, bonds, commodities, etc. Instead of having to buy individual investments and having to do the research, you can get many different investments at once for instant diversification. Diversifying among many different investments is important, and it’s done for you if you invest in mutual funds.
Quote: collective investment, discretionary portfolio, extra fees, foreign currency, investing in mutual funds, investment portfolio, stocks bonds
Why You Should Have A Family Superannuation Fund
There are more than 420,000 self-managed superannuation funds (SMSF) or “DIY” super funds operating in Australia controlling over 5 billion in assets and this number is continually growing each year. The majority of these funds have been established for one reason only and that is to enable members of the fund to control the investment of their superannuation monies and prepare for retirement. We believe this to be a short term concept for what could be a long term investment vehicle designed to look after the needs of your family for generations. As The Self-Managed Super Specialists, we can assist with strategies to grow your fund and establish a “Family Superannuation Fund”.
What is a “Family Superannuation Fund”? A Family Superannuation Fund builds on the foundations of a SMSF. However, unlike a SMSF which would generally provide for your retirement savings, a Family Superannuation Fund consolidates your family’s wealth into a single investment vehicle which can facilitate the intergenerational transfer of wealth. Think of it as a modern day family trust.
Quote: diy super funds, intergenerational transfer, long term investment, self insurance, self managed superannuation, self managed superannuation funds, smsf