Today's Lead Article
| 18 Sep 2014
The US Federal Reserve's shift on interest rates is the most important change in the financial markets since the GFC. It will have an effect on investments around the world.
Protected banks may still come undone
The banks are over-protected by governments. But they are still exposed to some major risks, especially in the property market.
The GFC is still with us
When interest rates rise in the US, it will be a test of a fragile global financial system. Because the stresses caused by the GFC remain.
The upside of the downside
Trading shares will inevitably involve some losses. Make sure you don't lose the lesson as well.
The SMSF advocate
Andrea Slattery heads up the SMSF Professionals Association of Australia (SPAA). She has a deep knowledge of the sector.
The in-house assets trap
Trustees of SMSFs need to be careful of the in house assets rules. Contraventions of these rules account for more than a quarter of all breaches.
Diversify My Portfolio
How to embrace, not avoid, risk
One of the desires of investors is to eliminate risk. But risk avoidance can often lead to very poor returns. Better to embrace risk by realising that about a quarter of the time returns will probably disappoint.
It's raining bats and dogs in Canberra.
| 16 Sep 2014 | Investments
DIY super investors are heavily focusing on the stock market. Following their investment habits can be effective, but there is also concern that they are not diversifying enough.
| 16 Sep 2014 | Investments
The Bank for International Settlements is also warning about Australian property. What does it mean for the options facing SMSF investors?
| 15 Sep 2014 | SMSF
Because super fund managers get paid a percentage rather than a flat fee, their income is soaring to extraordinary levels.
| 12 Sep 2014 | Investments
A letter from Warren Buffett in high inflationary times is a useful pointer to how low inflation should affect companies' dividend payments. Low interest rates should also be a positive for dividend payments.
| 10 Sep 2014 | Economics
The problem is simple. Populations in developed economies are ageing and the sums to fund it don't add up. Especially when health care is taken into account. It is crucial to save for yourself because the government's ability to care for its population will weaken.
| 10 Sep 2014 | Investments
SMSF investors tend to focus on high dividend paying stocks to ensure steady returns. It looks like a sound play in the current environment, but there are dangers. In particular high return oligopolies (HIROs) are vulnerable to an economic slow down.
| 09 Sep 2014 | SMSF
The governance issues at retail and industry funds are signficant and are being widely debated. But DIY funds have their own, often unrecognised, governance issues.
| 09 Sep 2014 | Economics
The falling iron ore price is a sign that the "China bonus" that has underpinned the Australian economy since the GFC is coming to an end. There are also indications that even more Chinese money may come into the local property market.
| 08 Sep 2014 | Economics
The Australian economy is heading into troubled waters, which will have implications for investment.
| 07 Sep 2014 | Columns
The Federal government's delaying of the increase in super contributions has been met with criticism by many in the super industry. But how significant is it? Everything depends on doing your own due diligence.