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How to use your DIY super fund to save your share portfolio

Discussion in 'Superannuation, SMSF & Personal Insurance' started by Simon Hampel, 14th Apr, 2009.

  1. Simon Hampel

    Simon Hampel Co-founder Staff Member

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    How to use your DIY super fund to save your share portfolio - SmartCompany | Business news, trends and ideas for Australia

     
  2. Billv

    Billv Getting there

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    Sim

    Thanks for the link.
    It's an interesting concept, I'll look into it further.
     
  3. AsxBroker

    AsxBroker Well-Known Member

    Joined:
    8th Sep, 2007
    Posts:
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    Location:
    Sydney, NSW
    Hi Sim,

    Nothing too new there. Most wrap accounts and some mastertrusts will allow members to hold direct shares. Just watch out as the article uses old contribution limits, newer limits can be found

    Jump in contribution limits for 2009/2010 year | SuperGuide.com.au

    Cheers,

    Dan

    PS This is general information. Before making a superannuation decision speak to your FPA registered Financial Planner.
     
  4. Superman

    Superman Well-Known Member

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    6th Nov, 2007
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    Location:
    Gold Coast, QLD
    Perfect time to crystallise capital losses (or lower gains) in your personal name and re-balance you portfolio.

    To be honest, in-specie / off-market share transfers and all the forms are a pain in the arse.

    If possible it is easier to sell them on market via your broker, move the cash into your SMSF, then buy anew. Good opportunity to re-balance your portfolio.