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But why skulls? http://www.youtube.com/watch?v=FsNLbK8_rBY

It is not going to collapse (in an end of the the world sense). This is a winning position to take, because... if things really collapse, this forum will not be operating as there will be no internet :)

Westpac just announced a rate drop on home loans of 0.14%, and only 0.10% for customers with interest-only loans. Nice bit of margin building there.

Table 2: SMSFs 2014 average operating expense ratio for different account balances Fund size Average operating expense ratio (%)* Average operating expense ($) $1-$50,000 12.05% Up to $6,025...

Start up costs maybe $1000 Ongoing costs $1000 - $3000 pa Definitely not worthwhile for a few silver bars. Ballpark figure wait until $150k total assets with ongoing contributions of $20k plus per year.

https://www.ato.gov.au/Super/Self-managed-super-funds/Investing/Restrictions-on-investments/Collectables-and-personal-use-assets/

There is an issue. The definition includes bullion coins. Definition of collectables and personal use assets Collectables and personal use assets are: artwork including paintings, sculptures, drawings, engravings and photographs jewellery antiques artefacts coins, medallions or bank notes...

Just saw this on the news, comes into effect today 1 July 2016: People with self-managed super funds can no longer store collectibles such as jewellery and art at a SMSF trustee's home. They must also be insured in the name of your super fund. Has anyone commented on SS about this already?

I agree in general. The surprising thing for me is how rapidly the population has slipped into welfare subservience. Remember the huge marches in the late 1980's protesting against the Australia Card? I can never imagine those protests happening today. Instead there would be people showing...

A psycho with a knife killed eight people in Cairns 2014 https://en.wikipedia.org/wiki/Cairns_child_killings Psychos in uniforms regularly kill people using a variety of methods. The usually prefer their victims to be unable to fight back.

Yes, its time to proceed with extreme caution. Buying additional land at this time in the cycle is a courageous decision.

Thanks for the update. Will you add to your holdings? Is a dividend still being paid?

Pros: 1. Higher degree of control of your investment than purchasing shares as a passive shareholder. 2. If you have personal expertise in property investment then your SMSF could increase your resources to invest in that sector. Cons: 1. Only really suitable for tax-positive properties...

Its for the control of cashflow when owning an investment property rather than an owner-occupied property. Capital is scarce and must be preserved whenever possible. If an investor can find a property with a net cashflow similar to the cost of interest, then the investor can structure a...

Remember to keep a few spare bucks to purchase a large shed?

Congratulations on your new position. I hope you still have time to write long articles and post, as I really appreciate their solid content.

I do my own debt collection rather than outsource it. In my experience, the longer I wait to collect a debt, the higher the cost of recovery and the lower the probability of collection.

There are many ways you can use gold coins for every day transactions, like a reservation for dinner. https://www.youtube.com/watch?v=U4WVgaS2mcU Gold coins counted out at 5:04, paid to service provider at 6:30.

I really like the presentation of the AG-47 coin in their little briefcase.

Yes its cool. It looks like a similar case to what the SBSS AG-47 were sold in.