PakGirl replied to the topic Am i too old… in the forum Help Needed! 11 years, 11 months ago
Hi Rob,
When you establish a Self-managed super fund, you roll our existing super into it. There generally needs to be a minimum of 2 members (that's why I suggest using your wife's super too). You both then become the trustees of the SMSF, and you become responsible for all aspects of the fund, meaning you can choose how you wish to invest the…[Read more]
PakGirl replied to the topic Am i too old… in the forum Help Needed! 11 years, 12 months ago
Have you considered using your superannuation to invest in property? Depending on how much you and your wife have in super, you could consider establishing a Self-managed super fund (SMSF) and invest in property using the funds you have in super. Banks offer special types of loans for borrowing through superannuation, and this can be a tax…[Read more]