Super Choice
Super Choice Is Now With Us
Finally everybody in Australia, apart from some Government Employees, has a choice about where they can put their superannuation and who can run their superannuation.
So what does that mean for you. Well if you are an employee and you want to start your own DIY Superanuation Fund then you can do that.
However there are some things that you should bear in mind.
Running your own DIY Fund or SAF (Small APRA Fund) can be a great way to Maximise Your Wealth and Minimise Your Tax. But there are some conditions.
- First you should always have a plan.
- Second you should always either have a lot of experience or seek very good advice (do not follow what your mate down the pub say - its normally rubbish)
- Third this plan should not work alone it should be part of your over all tax and wealth plan.
Ever if you are only on a small salary it is possible to accure large amounts of capital by good tax minimisation, property investment and componding interest.
***************************************** Sidebar. I have produced a whole kit to help you with all the above it covers how I set up my own super fund, consolodated all my savings and super into it and took it from $16k AU to over $280k. You can get all the info an download it from here
Super Choice Pack - Superannuation Secrets
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