I have been a professional advisor in the stock market since 1982. For half of that time, I’ve been speaking to professional investors, to fund managers, and for the other half, I’ve been talking to self-managed super fund investors trying to look after their own money.
The difference between professionals and SMSF investors is that professionals have ...
Cost-of-living pressures don’t stop at retirement. If anything, they can make an already difficult transition even harder: moving from a lifetime of disciplined saving to drawing income with confidence.
That is a shift many people underestimate. For decades, the retirement system has trained Australians to accumulate – to contribute regularly, avoid ...
As unintended consequences of the Labor tax package in the federal budget continue to roll out, one that could have far reaching effects is the loss of tax neutrality between retained earnings and distributed profits under the new capital gains tax regime.
Consider the tax effect of removing the 50% CGT discount and replacing it with an inflation ...
You could be fooled into thinking that the AI boom is all about NVIDIA, OpenAI, Anthropic and the hyperscalers. Fortunately for investors, the opportunity extends far beyond them. While all eyes are on AI, it's easy to overlook what actually makes it run – power and the hard assets of essential infrastructure, assets that Goldman Sachs refer to as HALO ...
'You can afford to take more risk.' Every risk-profiling questionnaire leans on the idea, and it sounds like arithmetic: a bigger balance can absorb a bigger fall. Nick Maggiulli argued in Firstlinks that the logic is backwards, because the pain of losing a dollar grows faster than the pleasure of gaining one. He is right, and in Australia he is right ...
This article originally appeared on the Morningstar US website. It has been amended for an Australian audience.
‘Did you hear that [mutual university friend] is retiring? He says he hit his number in the stock market.’
One of my friends shared that news with me the other day via text. And I’ll confess, all of my alarm bells went off. In fact, my alarm ...
I like to consider myself relatively fearless. Sharks and snakes aside, a little market volatility never hurt anyone, nor do the headlines that periodically declare the end of capitalism as we know it.
I’m also a ‘passive’ investor by temperament. A few broad-based index funds, a modest satellite allocation here and there. It’s the approach I settled ...
Last week, Treasury released its consultation paper on the proposed 30% minimum tax on discretionary trusts. It runs to 17 discussion questions and gives the country three weeks to respond, which tells you something about how settled the design really is.
But inside the detail is confirmation of something many families have been anxious about since ...
Lithium carbonate fell roughly 20% in June – in another bout of volatility that has come to define the battery metal.
Its decline has dragged down ASX lithium producers such as Pilbara Minerals and IGO and acted as a headwind to the ASX, which has become increasingly reliant on the resources sector for earnings growth.
The latest slump was driven by ...
The proposed capital gains tax (CGT) reforms announced in the Federal Government’s recent budget represent more than a simple change in tax mechanics. They alter the value of one of the most important advantages available to long-term investors: the ability to convert nominal gains into concessionally taxed capital gains.
Today, investors benefit from ...
This article was originally published in the print edition of Retirement Magazine Vol. 3 and is reproduced with permission.
A superannuation fund that does everything right in the final five years before a member retires but nothing beyond accumulation in the preceding 35 years is like a coach who only works with their client the week before a ...
For those of you who have just connected I retired 4 months ago from being a full-time academic after researching retirement planning for nearly 20 years. Now I am focusing on implementing my findings: for myself, for individuals and for organisations. As I promised when I retired, I am providing a month-by-month account of my findings from the other ...
I have been a professional advisor in the stock market since 1982. For half of that time, I’ve been speaking to professional investors, to fund managers, and for the other half, I’ve been talking to self-managed super fund investors trying to look after their own money.
The difference between professionals and SMSF investors is that professionals have ...
Cost-of-living pressures don’t stop at retirement. If anything, they can make an already difficult transition even harder: moving from a lifetime of disciplined saving to drawing income with confidence.
That is a shift many people underestimate. For decades, the retirement system has trained Australians to accumulate – to contribute regularly, avoid ...
As unintended consequences of the Labor tax package in the federal budget continue to roll out, one that could have far reaching effects is the loss of tax neutrality between retained earnings and distributed profits under the new capital gains tax regime.
Consider the tax effect of removing the 50% CGT discount and replacing it with an inflation ...
You could be fooled into thinking that the AI boom is all about NVIDIA, OpenAI, Anthropic and the hyperscalers. Fortunately for investors, the opportunity extends far beyond them. While all eyes are on AI, it's easy to overlook what actually makes it run – power and the hard assets of essential infrastructure, assets that Goldman Sachs refer to as HALO ...
'You can afford to take more risk.' Every risk-profiling questionnaire leans on the idea, and it sounds like arithmetic: a bigger balance can absorb a bigger fall. Nick Maggiulli argued in Firstlinks that the logic is backwards, because the pain of losing a dollar grows faster than the pleasure of gaining one. He is right, and in Australia he is right ...
This article originally appeared on the Morningstar US website. It has been amended for an Australian audience.
‘Did you hear that [mutual university friend] is retiring? He says he hit his number in the stock market.’
One of my friends shared that news with me the other day via text. And I’ll confess, all of my alarm bells went off. In fact, my alarm ...
I like to consider myself relatively fearless. Sharks and snakes aside, a little market volatility never hurt anyone, nor do the headlines that periodically declare the end of capitalism as we know it.
I’m also a ‘passive’ investor by temperament. A few broad-based index funds, a modest satellite allocation here and there. It’s the approach I settled ...
Last week, Treasury released its consultation paper on the proposed 30% minimum tax on discretionary trusts. It runs to 17 discussion questions and gives the country three weeks to respond, which tells you something about how settled the design really is.
But inside the detail is confirmation of something many families have been anxious about since ...
Lithium carbonate fell roughly 20% in June – in another bout of volatility that has come to define the battery metal.
Its decline has dragged down ASX lithium producers such as Pilbara Minerals and IGO and acted as a headwind to the ASX, which has become increasingly reliant on the resources sector for earnings growth.
The latest slump was driven by ...
The proposed capital gains tax (CGT) reforms announced in the Federal Government’s recent budget represent more than a simple change in tax mechanics. They alter the value of one of the most important advantages available to long-term investors: the ability to convert nominal gains into concessionally taxed capital gains.
Today, investors benefit from ...
This article was originally published in the print edition of Retirement Magazine Vol. 3 and is reproduced with permission.
A superannuation fund that does everything right in the final five years before a member retires but nothing beyond accumulation in the preceding 35 years is like a coach who only works with their client the week before a ...
For those of you who have just connected I retired 4 months ago from being a full-time academic after researching retirement planning for nearly 20 years. Now I am focusing on implementing my findings: for myself, for individuals and for organisations. As I promised when I retired, I am providing a month-by-month account of my findings from the other ...
