Financial Planning articles
Buying Cryptocurrency Through a SMSF
Can you buy cryptocurrency through an SMSF? The simple answer is yes, but the question of whether it’s an advisable move is another matter.
Starting in Cryptocurrencies Through SMSF
The explosive gains that cryptocurrency traders have booked made some Australians curious about the possibility of investing a portion of their super account...
Should You Invest in an Airbnb Property?
Airbnb’s online platform has made it easier for people to get into the property rental business. Currently, there are millions of properties listed in more than 190 countries worldwide. In Australia, there are around 350,000 unique properties hosted on the platform, and this is equivalent to around 4% of the...
Investing in ETFs in Australia
They say that to reduce investment risks, portfolio diversification is a must. But researching each stock, bond, or similar assets to invest in can be time-consuming and overwhelming.
If you’re looking for a way to quickly diversify your portfolio, try investing in an exchange-traded fund or ETF.
What is an ETF?
An ETF...Difference Between a Contributory and Pooled Mortgage Fund
Just like how property assets can take several forms including retail, commercial, or industrial, there are also different ways to invest in them. Putting your money in mortgage funds is one way to profit from loan interests similar to how banks do.
There are basically two types of mortgage funds that...
Contributory Mortgage Funds Explained
The Global Financial Crisis (GFC) that happened between 2007 to 2009 exposed the weakness of pooled mortgage schemes. Liquidity became a big issue when several borrowers defaulted on their mortgage payments. Even the largest pooled funds schemes like MFS Limited, City Pacific Mortgage Fund, and LM First Mortgage Income Fund...
Buying Annuities in Australia
Annuities are the best option for people who are not okay with risky investments. Annuities also act as a safety measure in case the usual income stream is cut short by unforeseeable circumstances.
What are Annuities?
An annuity is a product that can provide you with a pension for a fixed-term or...Fringe Benefits Tax Explained
The competition for hiring the best employees continues to get tighter, which is why businesses are providing more benefits to candidates aside from good salary rates. These additional employee packages may fall under what’s called fringe benefits which are subject to a fringe benefits tax.
What is a Fringe Benefit?
A fringe...
Warnings in Investing in Cryptocurrency in Australia
For the past years, cryptocurrencies have been making noise in the financial markets. People are touting that they will be the next big thing that will replace the current fiat system. It can’t be denied that some people have made a fortune trading these speculative instruments, but there are possibly...
Top 11 Investment Property Tax Deductions
Many Australians invest in property and utilise it for business to boost their income. With the numerous tax benefits that the government provides, it’s not a bad idea to start investing in this profitable venture.
Here are the 11 top property tax deductions you can enjoy with your investment:
1) Advertisement costs
It’s...
Is Novated Lease A Good Vehicle Financing Option?
One common option for financing a car is through a vehicle or personal loan. But a more viable option to buy a vehicle is through a novated lease.
What is a Novated Lease?
A novated lease is a vehicle finance benefit provided by an employer, wherein they lease the vehicle on your...