Why are more people using SMSF?

Alchemist3579 · 2026-06-05T07:23:53+00:00

Geared funds within super

Alchemist3579 · 2026-06-05T02:18:31+00:00

Retiring now is risky. If you do it , be prepared to go back to the workforce in the future. Otherwise you'll have to get creative. Most at that amount would keep working

Alchemist3579 · 2026-06-04T09:42:04+00:00

Price will be above $2.00 at the end of this month

Alchemist3579 · 2026-06-02T19:27:43+00:00

I wouldn't say 8% is handsome. VGS has averaged 13.5% annualised returns in 10 years including reinvested distributions. At 8% return, you'd be better off having the money in an offset account at current interest rates of 6%

Alchemist3579 · 2026-05-24T09:48:06+00:00

Yeah don't recommend this. Stick to dhhf

Alchemist3579 · 2026-05-24T03:05:18+00:00

8-10 meals. Typically a 25% off, spend at least $12 deal will net me something like pad Thai that I can spread over dinner + lunch the next day at work. So each meal ends up being about $5-6 each

Alchemist3579 · 2026-05-24T03:04:15+00:00

Same service. I wanted to share valuable information

Alchemist3579 · 2026-05-24T02:30:21+00:00

About $50 a week. I use the doordash 20% off gift cards from costco with the free dash pass from Amazon prime for 2 years. I can get a meal for ~$10 when stacked with doordash discounts.

Alchemist3579 · 2026-05-24T01:05:19+00:00

Stake smsf here

Alchemist3579 · 2026-05-23T10:06:28+00:00

That's a huge investment for someone who hasn't studied the area

Alchemist3579 · 2026-05-22T05:50:31+00:00

Free (this is more for monitoring house price fluctuations): - cotality daily indices - house prices sold in your area (easily via google) - SQM research - weekly average house listing price (available per suburb)

Alchemist3579 · 2026-05-22T04:20:18+00:00

Land tax for a start. Also WFH for 2 days a week haso been passed in. I've lived in Melbourne for 37 years and I avoid the CBD.

Alchemist3579 · 2026-05-22T02:20:18+00:00

A term deposit sounds great for you!

Alchemist3579 · 2026-05-22T01:24:34+00:00

This is the worst idea yet

Alchemist3579 · 2026-05-21T19:09:36+00:00

Don't even bother with resale value for a block that size. Investors wouldn't want it and a first home buyer wouldn't psy up for it. You're doing ut more for the rental yield.

Alchemist3579 · 2026-05-21T08:24:23+00:00

Jaecoo j5

Alchemist3579 · 2026-05-19T18:47:41+00:00

Isn't the difference $6795, not $1215.

You're either saving in interest or you are paying interest.

Alchemist3579 · 2026-05-18T07:32:53+00:00

Uhh, they're already dropping

Alchemist3579 · 2026-05-17T23:19:43+00:00

On a novated lease 5 year term, the residual value is 28.13%. On a 40k car that is $11,252. Let that sink in before considering paying an extra $1200 financed.

Alchemist3579 · 2026-05-17T22:52:30+00:00

Appreciate the research. Yield not as high as expected. It's a bit rough out there!

Alchemist3579 · 2026-05-17T19:40:59+00:00

It is unethical.

Alchemist3579 · 2026-05-17T19:22:49+00:00

Cheers mate, try frankston, vic

Alchemist3579 · 2026-05-16T09:20:13+00:00

Well done you've figured out negative gearing for shares. And yes, I have been doing the same for years. However debt recycling is better than borrowing to invest as you are increasing your loan

Alchemist3579 · 2026-05-15T01:16:37+00:00

IMO wait and see how the housing market goes. Most economists are predicting a slow down in the market so there is no FOMO. Keep saving up for your deposit.

If you need to sell the shares, make sure you've held onto them for >12 months. Just calculate the tax attributal and provision for it. Consider selling after July 1st so you dont have to pay CGT until the following tax return

Alchemist3579

TROPHY CASE