remnantprep
Senior Member
People do not exist for the sake of governments!
Posts: 4,399 
Likes: 3,968
Email: remnant@ausprep.org
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Post by remnantprep on Oct 16, 2014 11:51:30 GMT 10
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AKM.
Senior Member
Posts: 146 
Likes: 295
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Post by AKM. on Oct 16, 2014 19:49:45 GMT 10
I'm bloody sick of my federally mandated super just continually being eroded by fees and charges, even while it drops in value. Let alone taxes in and taxes out.....
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Frank
VIP Member
APF Life Member
Posts: 1,864
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Email: frank@ausprep.com
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Post by Frank on Oct 16, 2014 20:13:02 GMT 10
Am hearin you on that AKM!
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Res-Q
Senior Member
Posts: 375
Likes: 799
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Post by Res-Q on Oct 16, 2014 22:22:30 GMT 10
I'm bloody sick of my federally mandated super just continually being eroded by fees and charges, even while it drops in value. Let alone taxes in and taxes out..... Do what i did AKM, get out of your industry fund and get yourself a Self Managed Super Fund. Now i dont pay outrageous fees to fund managers who sit on their arse and do nothing and collect their commission whether the market goes up or down. I'm already in front.  Its the ideal situation for preppers and survivallists as you can use the fund to buy that land or property to bug out to. NOTE: (There are rules to what and how you buy) But i prefer to have tangible assests in case of a banking collapse and mainly to do what i want with MY MONEY!!!!!!!
Heres a link to the one i use. esuperfund.com.au/ Theres plenty more out there so do your research. |
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Post by graynomad on Oct 17, 2014 0:15:46 GMT 10
The day I hit 55 I took all my super out, same with the missus (we both had < $145k). I don't trust the bastards not to either lose it or force you to take an annuity.
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AKM.
Senior Member
Posts: 146
Likes: 295
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Post by AKM. on Oct 19, 2014 19:02:14 GMT 10
I'm bloody sick of my federally mandated super just continually being eroded by fees and charges, even while it drops in value. Let alone taxes in and taxes out..... Do what i did AKM, get out of your industry fund and get yourself a Self Managed Super Fund. Now i dont pay outrageous fees to fund managers who sit on their arse and do nothing and collect their commission whether the market goes up or down. I'm already in front. Its the ideal situation for preppers and survivallists as you can use the fund to buy that land or property to bug out to. NOTE: (There are rules to what and how you buy) But i prefer to have tangible assests in case of a banking collapse and mainly to do what i want with MY MONEY!!!!!!!
Heres a link to the one i use. esuperfund.com.au/ Theres plenty more out there so do your research. Yeah, I fully expect(and have since they brought it in) that successive .Govs will use it as a cash cow to borrow from. Now, it's do your own super, so we don't have to pay your pension. Later it will be, Lend us your super(we are taking it anyway) and we will pay you a pension later. I only have about 70K, so a SMSF is only just becoming a possibility now for me. Am starting to look seriously at it though, especially in regards to a rural property that I can throw up a cheap shed house on. |
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Res-Q
Senior Member
Posts: 375
Likes: 799
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Post by Res-Q on Oct 19, 2014 19:14:01 GMT 10
Its a myth you need lots of money to have a SMSF. That link i provided will show you as little as 20K will do it for you AKM.
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Jul 7, 2024 11:02:41 GMT 10
Jul 7, 2024 11:02:41 GMT 10
