The current US President used to be a property developer. Many SMSFs want to follow in his footsteps. Unfortunately, they are a lot more hamstrung in doing so than he was. Jeff Song from Townsends Lawyers explains.
investment
ATO concerns with SMSF property development
The ATO has issued SMSFRB 2020/1 (“SMSFR”) to highlight its main concerns in relation to SMSF property development.
Plan B: SMSF pension strategies during the COVID-19 recession
Investment values have nosedived but an SMSF is still required to pay the minimum pension amount – Townsends Lawyers believe it’s time for Plan B.
Keep company results in perspective
Monik Kotecha at Insync Funds Management believes that the next 12-24 months of company results represents less than 5 per cent of a quality growth company’s long-term valuation.
Insync ranked highly in Morningstar performance tables
Insync Global Capital Aware Fund has ranked highly in the recent Morningstar performance tables (in 4th place for performance of +19.60% over one year and +16% over 3 years).
Future focus – Why Insync is positive
The on-going COVID-19 tragedy and the uncertainty around when the virus will no longer greatly hamper society, means the negative economic data will keep market volatility elevated in the short term.
Insync keeps its booking.com investment – travel will return
Insync Funds Management defies the gloom around COVID-19 and travel/tourism by retaining its holding in booking.com.
Coronavirus and volatility: The art of not panicking and sticking to investment plans
Investing in high quality stocks is critical for both meeting investment and financial goals but also, importantly, for maintaining an emotional stability and peace of mind during a time of great volatility and uncertainty.