Читать книгу DIY Super For Dummies - Power Trish, Trish Power - Страница 10

Although investing your super monies can be very exciting and empowering, you must remember that you’re investing on behalf of someone else – yourself! Confused? Fully understandable, because, in a DIY super fund, you’re both the DIY super (SMSF) trustee and a SMSF member. In effect, you’re wearing two hats, which means you must be very careful to separate your responsibilities as trustee, from your entitlements as a fund member.

As trustee, you must set your fund’s investment strategy, and choose investments subject to special investment rules (see Chapter 15). In Chapter 14, I explain the importance of understanding risk and return when investing against the backdrop of the relatively recent Global Financial Crisis. I also explain the restrictions on borrowing money to invest (Chapter 16), and the rules applicable to property investing (Chapter 17).

Super funds enjoy some nifty tax concessions when investing and accumulating assets. I explain the main tax benefits, and concerns, when super investing in Chapter 18.