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Edition: 154

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Edition 154

  • 6 May 2016

Well, that was quite a surprise! The superannuation reforms in the Budget are more radical than anyone expected. There are two ways to look at the changes: they are making the system more sustainable, and/or they are back-pedaling after encouraging people to build their superannuation balances since 2007. For those who are disappointed by the new limits, ask yourself this question: what would I have done differently versus putting money into super in the last decade if I had known these amendments would be introduced in 2016/2017?

In investing, patience is more than a virtue

Investors in share markets should benefit from letting patience and time do the work for their overall returns. The longer the time periods for rolling returns, the less volatile the market appears.

How do unlisted real estate funds generate high income returns?

Part 2 of this two-part series on unlisted real estate funds, or syndicates, looks at gearing, how returns are generated, and the different types of exit strategies.

Just how risky are hedge funds?

The commonly held belief that ‘hedge funds’ are riskier than ‘equities’ isn't necessarily true, depending on what type of risks you want to avoid. A few failures give the overall sector an undeserved reputation.

How to make in-house investment management work

Large superannuation funds are increasingly adopting in-house management of investments. There are many potential benefits, but the decision needs a framework and careful consideration.

Results from superannuation changes survey

The Reader Survey on potential superannuation changes showed again how passionate and engaged our readers are, attracting around 700 responses. Full details with comments show wide diversity of views.

Targeting of superannuation concessions

There are two massive changes to super in the Budget: a $1.6 billion cap on the amount that can be held in super tax-free, and a $500,000 lifetime cap on non-concessional contributions.

Superannuation and the budget (written pre-budget)

The quality of life for retirees and future tax-payers will rest on achieving a fiscal balance between supporting the aspiration of more self-reliant retirees and the continuation of a strong social safety net.

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Howard Marks: the investing game has changed

The famed investor says the rapid switch from globalisation to trade wars is the biggest upheaval in the investing environment since World War Two. And a new world requires a different investment approach.

Welcome to Firstlinks Edition 605 with weekend update

Trump's tariffs and China's retaliatory strike have sent the Nasdaq into a bear market with the S&P 500 not far behind. What are the implications for the economy and markets, and what should investors do now? 

  • 3 April 2025

Pros and cons of Labor's home batteries scheme

Labor has announced a $2.3 billion Cheaper Home Batteries Program, aimed at slashing the cost of home batteries. The goal is to turbocharge battery uptake, though practical difficulties may prevent that happening.

Designing a life, with money to spare

Are you living your life by default or by design? It strikes me that many people are doing the former and living according to others’ expectations of them, leading to poor choices including with their finances.

World's largest asset manager wants to revolutionise your portfolio

Larry Fink is one of the smartest people in the finance industry. In his latest shareholder letter, the Blackrock CEO outlines his quest to become the biggest player in private assets and upend investor portfolios.

4 ways to take advantage of the market turmoil

Every crisis throws up opportunities. Here are ideas to capitalise on this one, including ‘overbalancing’ your portfolio in stocks, buying heavily discounted LICs, and cherry picking bombed out sectors like oil and gas.

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