With all the recent changes to the super rules in Australia, many folks are asking themselves the question- is buying property a good idea? The answer's nobody truly knows the future but now not so many people have done as well with anything else. The other fact we all know is if we don't take charge of our superannuation, then we will most definitely not be in a position to retire.
There has been an enormous in-flow of folks starting to manage their own super funds. Many of those folks have invested in property, shares and fixed interest.
However the only thing almost everyone has basically made money at themselves is property.
The compliance and rules around funds are tough and put folk off for a bit but in the final analysis the majority want to retire and can't afford to if they don't manage their own super and acquire property with it.
Every day more and more folks are working this out. As home-loan broker for super loans we are having more folks come to us and ask about buying properties in their super funds. We only do the smsf loansfor super not set up the structures and trusts. We do however have some amazing business colleagues if this is what you are after.
The most important thing to remember about self managed super funds is that when you request advice for super funds you, not the counsel are liable if they give you wrong information, so its actually critical to only ask true experts at this space for advice.
We ourselves have done required groundwork to find out which associates we would align ourselves with and went to SPAA (the self managed super professionals association) to find similar minded super execs.
* This is instructional only and should not be relied upon as financial guidance.
There has been an enormous in-flow of folks starting to manage their own super funds. Many of those folks have invested in property, shares and fixed interest.
However the only thing almost everyone has basically made money at themselves is property.
The compliance and rules around funds are tough and put folk off for a bit but in the final analysis the majority want to retire and can't afford to if they don't manage their own super and acquire property with it.
Every day more and more folks are working this out. As home-loan broker for super loans we are having more folks come to us and ask about buying properties in their super funds. We only do the smsf loansfor super not set up the structures and trusts. We do however have some amazing business colleagues if this is what you are after.
The most important thing to remember about self managed super funds is that when you request advice for super funds you, not the counsel are liable if they give you wrong information, so its actually critical to only ask true experts at this space for advice.
We ourselves have done required groundwork to find out which associates we would align ourselves with and went to SPAA (the self managed super professionals association) to find similar minded super execs.
* This is instructional only and should not be relied upon as financial guidance.
0 comments:
Post a Comment