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Edition: 121

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Edition 121

  • 7 August 2015

Mastering irrelevancy in retirement, what the reporting season means for analysts, the dilemma facing Greece, the dangers of high-yield stocks to fund retirement, and SMSF compliance issues when purchasing assets.

Stop worrying about how much you matter

Relevancy, as long as we maintain it, is rewarding on almost every level. But what happens when we lose it? As we get older, we need to master irrelevancy, the exact opposite of what we’ve spent a lifetime pursuing.

What goes on during reporting season?

Reporting season is hard work for equity analysts, especially when a company's results differ from the expected. It's also a time for a company to outline its strategy and gauge the reaction of its owners, the fund managers.

Greece: Scylla and Charybdis

Modern Greece faces an ancient dilemma: should it sail within reach of Scylla, the sea monster that lives in Brussels, to avoid Charybdis, the ‘sucking whirlpool’ that is the return of the drachma?

Misplaced focus on high yielding stocks in retirement

High yielding stocks are often seen as the silver bullet for retirement plans. But in many circumstances the focus on income overlooks the need to consider return and risk in any investment decision.

Watch SMSF borrowing rules for separate assets

The superannuation law allows SMSFs to borrow under a limited recourse borrowing arrangement to acquire an asset, but if multiple assets are involved, like a property on more than one title, things can get complicated.

FactCheck: Is 50% of all income tax paid by 10% of the working population?

In defending how superannuation concessions might favour the wealthy, Treasurer Joe Hockey claimed 50% of all income tax is paid by 10% of the working population. Is that statement supported by the data?

Most viewed in recent weeks

Are term deposits attractive right now?

If you’re like me, you may have put money into term deposits over the past year and it’s time to decide whether to roll them over or look elsewhere. Here are the pros and cons of cash versus other assets right now.

Uncomfortable truths: The real cost of living in retirement

How useful are the retirement savings and spending targets put out by various groups such as ASFA? Not very, and it's reducing the ability of ordinary retirees to fully understand their retirement income options.

Where Baby Boomer wealth will end up

By 2028, all Baby Boomers will be eligible for retirement and the Baby Boomer bubble will have all but deflated. Where will this generation's money end up, and what are the implications for the wealth management industry?

How retiree spending plummets as we age

There's been little debate on how spending changes as people progress through retirement. Yet, it's a critical issue as it can have a significant impact on the level of savings required at the point of retirement.

Is Australia ready for its population growth over the next decade?

Australia will have 3.7 million more people in a decade's time, though the growth won't be evenly distributed. Over 85s will see the fastest growth, while the number of younger people will barely rise. 

20 US stocks to buy and hold forever

Recently, I compiled a list of ASX stocks that you could buy and hold forever. Here’s a follow-up list of US stocks that you could own indefinitely, including well-known names like Microsoft, as well as lesser-known gems.

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