The Smart Entrepreneur News Magazine gives the younger, working generation excellent information about investments, the current economic market and how to properly manage money. Each issue focuses on a new topic, covering everything in depth so that you get all the information you need in one place. This month’s issue will discuss self managed super funds and why they are a great way to save and invest your money for the future! The articles will discuss everything you need to know about SMSF setup to how much money you should consider setting aside in one of these funds. You’ll be an SMSF expert in no time.
One of the useful tools we will give you in this month’s issue is our handy SMSF checklist. We outline everything you need to do in order to get your account open and operating according to Australian laws. We include everything from each SMSF setup cost and fee you will need to pay to how to appoint trustees to your fund. Our list goes in chronological order so, when you decided to set up your super fund, you can start at the top of the list and work your way down, knowing exactly what step is next. You’ll have your set up going in no time!
A SMSF may not be the first thing you think of when you are trying to decide where and how to invest your money. However, with over 1 million Australians holding super funds and around 750 billion dollars invested in super fund accounts, it is clear that there is a lot of merit in this kind of savings plan! When you opt into setting up an SMSF, you will have complete control over your investment strategy. You will also be able to fully control when you buy and sell your investments. You will only be charged a flat annual fee on your account so you can also plan ahead. All in all, SMSF gives you, the fund holder, complete control. So, if you want to be in charge of our own financial future, as many Australian’s clearly do, then an SMSF is the way to go! Grab our newest issue magazine and learn how to start a self managed super fund and get the most out of your money!