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Looking to Boost Super

Discussion in 'Introductions' started by TaxDiva, 30th Dec, 2016.

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  1. TaxDiva

    TaxDiva New Member

    Joined:
    15th Apr, 2011
    Posts:
    2
    Location:
    Brisbane Qld
    Hello I am 54 and employed full time with a healthy super. I am looking for advice on how to boost my super as I have a SMSF with 1 property that is ticking along nicely and have a goal to build the remains balance to 200K to purchase a second property in super. I have noticed a number of crowd funding strategies eg Vestabyte that looks attractive. Has anyone had any experience with any investments such as these. My time frame is 2 years for the investment. Many thanks
     
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  2. Terryw

    Terryw Well-Known Member

    Joined:
    9th Jun, 2006
    Posts:
    873
    Location:
    Sydney
    2 ways to increase super:
    a) contributions, and
    b) earnings

    Contributions can be deductible such as salary sacrifice or undeductible.
     
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  3. Hodor

    Hodor Well-Known Member

    Joined:
    17th Sep, 2016
    Posts:
    264
    Location:
    hodor
    Two years before you buy or two years to take profits on the property? Too short a window for the second IMO.

    Can't help you with crowd funding.
     
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