Australian Investment and Wealth Management Discussion Forums covering shares, managed funds, ETFs, LICs, A-REITs, superannuation, insurance, estate planning and more. Thu, 28 Feb 2019 09:39:26 +0000 Thu, 28 Feb 2019 09:39:26 +0000 InvestChat https://www.investchat.com.au/community/ Thu, 28 Feb 2019 00:26:28 +0000 https://www.investchat.com.au/community/threads/moving-money-from-company-to-a-trust.10336/ https://www.investchat.com.au/community/threads/moving-money-from-company-to-a-trust.10336/ invalid@example.com (Olga Anderson) Olga Anderson
What I don’t understand is how to move money from my company to the family trust.

I imagine it can be done as a ‘loan’, but does it mean I need...

Moving money from company to a trust]]> 4 Wed, 27 Feb 2019 19:55:30 +0000 https://www.investchat.com.au/community/threads/need-help-building-investing-plan.10334/ https://www.investchat.com.au/community/threads/need-help-building-investing-plan.10334/ invalid@example.com (Giallo) Giallo
I'm looking to start my investing journey. A bit about me;
- 27 years old
- No debt, kids, spouse
- Renting in rural town
- $84k Cash
- $57k Super with AustralianSuper in High Growth
- Earn $90k per year

Financial Goals;
- Create a passive income stream from dividends which grows annually
- Obtain growth in portfolio

So suffering a bit of analysis paralysis but have decided to try and simplify AMAP.

ASX (70%)
$30k VAS
$20k MLT

INTERNATIONAL (30%)
$20k VGS...

Need Help Building Investing Plan]]> 41 Wed, 27 Feb 2019 08:49:54 +0000 https://www.investchat.com.au/community/threads/in-asset-allocation-you-can-have-anything-but-you-cant-have-everything.10348/ https://www.investchat.com.au/community/threads/in-asset-allocation-you-can-have-anything-but-you-cant-have-everything.10348/ invalid@example.com (twisted strategies) twisted strategies In asset allocation, you can have anything but you can’t have everything - Cuffelinks]]> Fri, 22 Feb 2019 23:59:37 +0000 https://www.investchat.com.au/community/threads/salary-sacrificing-novated-car-leasing.8314/ https://www.investchat.com.au/community/threads/salary-sacrificing-novated-car-leasing.8314/ invalid@example.com (tc123) tc123 Does anyone else do it? Pro's & Cons?

I dont really need a car for work, in fact I get the train to work every day and only drive my $4000 car (fully owned outright) 2km per day!

Is it worth it for the tax benefits?
From what I understand, the 'repayment' for the car lease comes out of your pre-taxable income..]]> 6 Wed, 20 Feb 2019 23:24:19 +0000 https://www.investchat.com.au/community/threads/advice-on-how-to-find-a-good-financial-planner-or-accountant.10346/ https://www.investchat.com.au/community/threads/advice-on-how-to-find-a-good-financial-planner-or-accountant.10346/ invalid@example.com (sqwerty2020) sqwerty2020
I want to discuss the possibility of debt recycling but also the admin function of setting the accounts up correct + the possibility and pros and cons of investing in EFTs via trusts. I"m looking for someone who could advise/direct on both but don't know how to source that service. any guidance from this community?

I'm now a citizen of Australia but haven't been here that long so don't have the same sort of...

Advice on how to find a good financial planner or accountant]]> Tue, 19 Feb 2019 23:22:26 +0000 https://www.investchat.com.au/community/threads/getting-into-penny-stocks.9201/ https://www.investchat.com.au/community/threads/getting-into-penny-stocks.9201/ invalid@example.com (LongeCrK) LongeCrK this article on Verge and now all I can think of is investing into penny stocks. What do you guys think, is it possible for a total newbie to actually make a little extra on the side trading penny stocks? Anyone with experience?]]> 64 Mon, 18 Feb 2019 02:38:37 +0000 https://www.investchat.com.au/community/threads/hardware.10339/ https://www.investchat.com.au/community/threads/hardware.10339/ invalid@example.com (Michael Lovett) Michael Lovett

The land in Gladstone Rd is vacant, and not owned by Bunnings.


Starting a large hardware store on this site is a massive opportunity.
Anyone interested in investing in this project should contact me at...

Hardware]]> Sun, 17 Feb 2019 11:10:30 +0000 https://www.investchat.com.au/community/threads/reflections-on-four-decades-of-investing.10289/ https://www.investchat.com.au/community/threads/reflections-on-four-decades-of-investing.10289/ invalid@example.com (twisted strategies) twisted strategies Reflections on four decades of investing - Cuffelinks

hopefully some of this will help you

good luck]]> 2 Sun, 17 Feb 2019 04:02:03 +0000 https://www.investchat.com.au/community/threads/career-develop-do-i-need-cfa-charter-if-ive-already-got-master-and-bachelor-in-finance.10338/ https://www.investchat.com.au/community/threads/career-develop-do-i-need-cfa-charter-if-ive-already-got-master-and-bachelor-in-finance.10338/ invalid@example.com (Eason) Eason

As I’ve mentioned above, I feel like in Australia employers don’t really value master degrees much but experiences.


However, as I’ve already got the master degree in finance. And 70% of the knowledge and concepts are overlap with cfa whole 3 level materials.


Below are my questions:


1 Does cfa designation really gonna help me for my future development if I’ve...

Career develop: Do I need CFA charter if I’ve already got master and bachelor in finance]]> Sun, 17 Feb 2019 03:50:24 +0000 https://www.investchat.com.au/community/threads/career-develop-do-i-need-cfa-charter-if-ive-already-got-master-and-bachelor-in-finance.10337/ https://www.investchat.com.au/community/threads/career-develop-do-i-need-cfa-charter-if-ive-already-got-master-and-bachelor-in-finance.10337/ invalid@example.com (Eason) Eason
As I’ve mentioned above, I feel like in Australia employers don’t really value master degrees much but experiences.

However, as I’ve already got the master degree in finance. And 70% of the knowledge and concepts are overlap with cfa whole 3 level materials.

Below are my questions:

1 Does cfa designation really gonna help me for my future development if I’ve...

Career develop: Do I need CFA charter if I’ve already got master and bachelor in finance]]> Sat, 16 Feb 2019 02:41:09 +0000 https://www.investchat.com.au/community/threads/career-develop-do-i-need-cfa-chapter-if-ive-already-got-master-and-bachelor-degree-in-finance.10335/ https://www.investchat.com.au/community/threads/career-develop-do-i-need-cfa-chapter-if-ive-already-got-master-and-bachelor-degree-in-finance.10335/ invalid@example.com (Eason) Eason
As I’ve mentioned above, I feel like in Australia employers don’t really value master degrees much but experiences.

However, as I’ve already got the master degree in finance. And 70% of the knowledge and concepts are overlap with cfa whole 3 level materials.

Below are my questions:

1 Does cfa designation really gonna help me for my future development if I’ve...

Career developo I need CFA chapter if I’ve already got master and bachelor degree in Finance]]> Thu, 14 Feb 2019 03:25:46 +0000 https://www.investchat.com.au/community/threads/share-portfolio-manager.10333/ https://www.investchat.com.au/community/threads/share-portfolio-manager.10333/ invalid@example.com (thomasc) thomasc
I have been using a spreadsheet for a while now to track my trades but I am now mainly investing and finding tracking my dividends and trust distributions a pain. My friend who is an accountant has recommended https://www.stockportfolioorganizer.com or https://www.quicken.com does anyone have opinions on which of the two programs is better? It looks like stock portfolio organizer only does...

Share Portfolio Manager]]> Thu, 14 Feb 2019 02:44:43 +0000 https://www.investchat.com.au/community/threads/cointree-smsf-account.10332/ https://www.investchat.com.au/community/threads/cointree-smsf-account.10332/ invalid@example.com (michael-syd) michael-syd
Anyone else doing crypto with their SMSF, I couldn't see many posts about it here. Am looking for any reccomendations on how you manage your crypto SMSF and also if you have had any trouble with the tax reporting.

Thanks

Michael]]> Wed, 13 Feb 2019 06:27:53 +0000 https://www.investchat.com.au/community/threads/moving-from-payg-to-abn-it-contractor.10331/ https://www.investchat.com.au/community/threads/moving-from-payg-to-abn-it-contractor.10331/ invalid@example.com (SydneyGuy) SydneyGuy
Many IT contractors in my circle advise working as ABN contractor can save lots of tax. However they can't explain how as their tax affairs managed by accountants.

Here is our situation:

Spouse 1:
Contract rate: $960 per day inc super - PAYG ($219k yearly taxable working 250 days a year)

Spouse 2:
Contract rate: $850 per day inc super - PAYG ($194k yearly taxable working 250 days a year)

Considering:
- Contract rates (salaries) remain same.
- Tax affairs...

Moving from PAYG to ABN - IT contractor]]> Tue, 12 Feb 2019 22:11:22 +0000 https://www.investchat.com.au/community/threads/regarding-sourcing-properties-for-investment.10330/ https://www.investchat.com.au/community/threads/regarding-sourcing-properties-for-investment.10330/ invalid@example.com (Adam2019) Adam2019
I was wondering besides the usual real estate websites like Domain, Realestate,etc and speaking to local agents of the area you are targeting...are there any other way to source or faster source more properties to consider so that investment cycles can start earlier as this stage is often critcal and very time consuming and sometimes waitinig for the right/most suitable investment could end up killing the whole point as too much time cost is incurred.

Many thanks....

Regarding sourcing properties for investment]]> 1 Tue, 12 Feb 2019 22:07:23 +0000 https://www.investchat.com.au/community/threads/property-renovators-main-residence-exemption-any-suggestions-to-make-it-go-faster.10329/ https://www.investchat.com.au/community/threads/property-renovators-main-residence-exemption-any-suggestions-to-make-it-go-faster.10329/ invalid@example.com (Adam2019) Adam2019
I heard from a friend that is using this strategy.

Buy, renovate, live in for about 2-3 years then sell then repeat.

So the brownies here are the main residence exemption provided that one only owns this property that he/she lives in.

It might be great starting off or sometimes...ie when things are booming and when things are not or given the 2-3 year rinse and repeat cycle...is there any other things to make it turbo charge or otherwise it is really like a salary...

Property Renovators - Main Residence Exemption - Any suggestions to make it go faster?]]> 1 Tue, 12 Feb 2019 02:15:25 +0000 https://www.investchat.com.au/community/threads/lending-to-a-friend-for-offset-account-returns.10326/ https://www.investchat.com.au/community/threads/lending-to-a-friend-for-offset-account-returns.10326/ invalid@example.com (goponcho) goponcho
He is wanting to loan me money so i can sit it in my offset account against my PPOR, which has a interest rate of 4% currently. Would not have to pay tax on this return either as it is merely reducing interest payments.

From a tax perspective, is this fine for him to loan me say 100k, transfer account to account, and then i transfer him back a later date?

Do i need a...

Lending to a friend for offset account returns.]]> 2 Sat, 09 Feb 2019 01:01:21 +0000 https://www.investchat.com.au/community/threads/confused.10328/ https://www.investchat.com.au/community/threads/confused.10328/ invalid@example.com (mitasol) mitasol
55 years old, have 510,000 in super, 80,000 in a managed fund with Perpetual, 22,000 in a credit union interest account (haha), 50,000 in a mortgage and 53,000 in an offset, I'm in a government (state) job and have been for 14 years so reasonably secure - what should I be looking to do?

Big ask I know, but interested in others thoughts]]> 1 Thu, 07 Feb 2019 08:29:43 +0000 https://www.investchat.com.au/community/threads/watch-for-lics-that-never-return-to-par.10327/ https://www.investchat.com.au/community/threads/watch-for-lics-that-never-return-to-par.10327/ invalid@example.com (twisted strategies) twisted strategies Watch for LICs that never return to par - Cuffelinks]]> Tue, 05 Feb 2019 10:54:01 +0000 https://www.investchat.com.au/community/threads/trading-economic-releases-us-dollar-non-farm-payroll-gdp-vs-quarterly-income-statements-shares.10320/ https://www.investchat.com.au/community/threads/trading-economic-releases-us-dollar-non-farm-payroll-gdp-vs-quarterly-income-statements-shares.10320/ invalid@example.com (Phillip) Phillip
I'm looking into short term investing based on economic reports and at the moment I'm caught between two paths, I will explain why I have come to this conclusion and maybe some people can give me advice on my current ideas or generate new better ideas.


Foreign exchange (AUD/USD) There are some really good economic figures released monthly to trade the US dollar, primarily the non farm payroll and GDP figures, the idea...

Trading economic releases, (US dollar) non farm payroll, GDP vs Quarterly income statements (shares)]]> 3 Mon, 04 Feb 2019 02:01:56 +0000 https://www.investchat.com.au/community/threads/hi-new-re-canterbury-property-services.7543/ https://www.investchat.com.au/community/threads/hi-new-re-canterbury-property-services.7543/ invalid@example.com (lepou1) lepou1
much appreciated.]]> 10 Mon, 04 Feb 2019 01:55:23 +0000 https://www.investchat.com.au/community/threads/canterbury-property-services.5750/ https://www.investchat.com.au/community/threads/canterbury-property-services.5750/ invalid@example.com (armorris007) armorris007
Does anyone have any positive or negative comments to make regarding their claims?

Many thanks,

Andy]]> 302 Tue, 29 Jan 2019 12:17:01 +0000 https://www.investchat.com.au/community/threads/asx-stock-screener.9984/ https://www.investchat.com.au/community/threads/asx-stock-screener.9984/ invalid@example.com (Rk007) Rk007
Long time lurker, first time poster.

Just wanted to see if anyone has used this stock screener by SQM Research. Apologies if this has been discussed before, admins pls delete if this is a duplicate thread.

I found it pretty useful particularly with the filters as i can't any other service that does this?

Thoughts anyone?

SQM Equities]]> 1 Tue, 29 Jan 2019 12:13:52 +0000 https://www.investchat.com.au/community/threads/why-dividend-yields-in-australia-are-so-high.10183/ https://www.investchat.com.au/community/threads/why-dividend-yields-in-australia-are-so-high.10183/ invalid@example.com (twisted strategies) twisted strategies Why dividend yields in Australia are so high - Cuffelinks

well there you go .. and i thought that most of the world was just naive ( UK , EU and US companies fail just as often as Australian companies )

and reckless spending ( usually on badly researched acquisitions ) doesn't seem to be unique in Australia either .]]> 1