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SMSF startup, moving $400k

Discussion in 'Superannuation, SMSF & Personal Insurance' started by NeverLoseYourShirt, 17th Sep, 2014.

  1. NeverLoseYourShirt

    NeverLoseYourShirt SMSF trustee & investor

    Joined:
    17th Sep, 2014
    Posts:
    1
    Location:
    Brisbane
    Have recently taken the plunge and setup a SMSF. Have spent a lot of time reading SMSF materials. Still picking accounting package to use for SMSF tax records.

    My parents have been using BGL simple fund for a few years. Personally I find the software a little difficult to work with but my 75yo father has coped with it. Curious to hear of others experiences with this or other packages.

    Mostly I'm looking to invest in shares, already managing two family properties and potentially a third. Will probably settle on mix of shares based on indexes. Starting with the four banks, the dip last couple of days has me wondering where else I should be looking.

    Given the recent publicised change in QLD legislation I'm expecting a mining boom in QLD and other states to follow. any observations/thoughts on trends on resources stocks welcomed.
     
  2. Jimmy007

    Jimmy007 Member

    Joined:
    28th Aug, 2013
    Posts:
    19
    Location:
    Brisbane
    Last edited by a moderator: 27th Sep, 2016