Investing
GETTING SETTLED
Beware spruikers who just 'feed the chooks'
![Hundreds of chicks wait for food at poultry farm in Malacca, outskirt of Kuala Lumpur, Malaysia, Tuesday, Jan. 27, 2004. Malaysian officials on Monday brushed aside fears it might become the next country hit by bird flu, which has swept through most of its neighbors infecting millions of chickens and possibly killing 12 people. (AP Photo/Teh Eng Koon)](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/29/4868977/rh-320-padley_20131029103155282570-90x60.jpg)
Marcus Padley Most investments you're likely to invest in in your SMSF are regulated financial products, but one of the biggest asset classes isn't. And that's property.
INSIGHT
Low interest encourages risk-taking - but be prepared
![HOUSING AFR SYD 970108 SAVED IN NEWS 970109 PHOTO FRANCES MOCNIK ? ......GENERIC HOUSING PICTURE](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/29/4869026/rh-320-clancy_20131029114323189649-90x60.jpg)
Clancy Yeates If you have savings on hand, where's the best place to put the money?
THE CHARTIST
NAB likely to pause at 2007 high
![BANKS AFR PHOTOGRAPH BY GLENN HUNT 101110.
GENERIC- banks, money, anz, westpac, nab, bankwest, st george, commonwealth.
AFR USE ONLY](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/29/4869024/rh-320-rod_20131029114506944394-90x60.jpg)
Rod Myer The big bank's progress, and prospects, may give us a perspective on the wider market.
CROWDFUNDING
Flocks a way to golden egg
![5ducks . 010724 AFR pic by Tanya Lake
***AFR FIRST USE****
pic shows Geese crossing the road. Generic employment unemployment career path follow the leader employees employee
geese, export import imports balance of payments tax communication knowledge herd flock goose education animal family children mother childcare highway road traffic migrate migration boss colleagues colleague employer
***afrphotos.com***](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/29/4868983/rh-320-geese_20131029105257806170-90x60.jpg)
Nina Hendy Review of the crowdfunding rules could give investors more incentive to take a small share of a start-up.
GETTING STARTED
The real reason banks are on a roll
![Generic ATM's , at the airport, westpac, nab, ANZ, ATM, banks, money, cash, banking, bank. Tuesday 21st June 2011 AFR photo Louie Douvis job# 1777283466](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/29/4869027/rh-320-potts_20131029114149510737-90x60.jpg)
David Potts If the banks can make record profits when they're having trouble lending, imagine how they'll go once the economy picks up.
QUIRKY INVESTMENTS
Old salts' legacy pays a premium
![?
926-930 High Street
Armadale ?Victoria ?3143
?
t ? 03 9508 8888
e ?charlotte.stanes@mossgreen.com.au
w ?www.mossgreen.com.au
?
From: Paul.Adair
Sent: Wednesday, 16 October 2013 11:13 AM
To: charlotte.stanes
Subject: Adcock
?
Please see attached.
?
FYI, images of lots 22 and 24 will only print approx. 5-6cm on longest side, so I would possibly prioritise others. In the mix of working between two computers and an external hard drive, I cannot find the original print
files.
?
Best,
Paul
--
Richard
Hughes
Money Editor
The
Age/Sydney Morning Herald
--
L2, Media
House, 655 Collins St, Docklands, VIC 3008
T 03
8667 3138 | M 0401 489 849
richardhughes@fairfaxmedia.com.au
| www.theage.com.au
1-4.jpg](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/29/4868994/rh-320-scrim_20131029112455236454-90x60.jpg)
James Cockington It was standing room only when a vast collection of scrimshaw, whalebone objects, paintings of ships and naval weapons went under the hammer.
INTELLIGENT INVESTOR
Cootes crash highlights IPO risks
![Road accident](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/29/4870094/cn29-thumb-cootes-20131029165346201551-90x60.jpg)
Nathan Bell Only a few weeks ago the headlines pronounced that fund managers and wealthy families were backing the impending float of McAleese Group, a trucking company with roots dating back to the Great Depression.
HOT STOCK
China upturn helps make BHP a buy
![BHP Billiton](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/29/4869018/rj-th-bhp3_20131029113949798930-90x60.jpg)
Greg Smith The mining giant will benefit from stabilising growth in China and improving sentiment towards iron ore.
Intelligent Investor
SMSFs hardest hit by flawed super tax exemption cap
![Abacus](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2012/04/03/3186445/320abacus-90x60.jpg)
Richard Livingston If you've set up an SMSF to buy property you might be stung by the $100,000 cap on the tax exemption that applies to superannuation in the pension phaset.
UNDER THE RADAR
Freedom Foods share price defies logic
![Milk](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/28/4866145/1_cn28-thumb-milk-20131028111447868261-90x60.jpg)
Richard Hemming Cereal maker has soared in the past six months, rising from just over $1 in April to $3.36 today.
Top bosses fear striking out
![Money pockets.](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/26/4863381/ZAH_pockets_TN-20131026191904805454-90x60.jpg)
JOHN COLLETT Increasing shareholder scrutiny is leading to a drop in top executives' fixed pay.
Men spend up on hairy matters
![generic shaving](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/26/4863389/ZAH_shaving_TN-20131026192843211500-90x60.jpg)
Sylvia Pennington Personal grooming is becoming a high budget priority for increasing numbers of Australian men.
QUIRKY INVESTMENTS
Classic cars are pulling in the bids again
![Tim Burrows with the 1913 Hispano-Suiza that he will be selling at Melbourne classic car auction.
18th October 2013
Photo: Steven Siewert](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/22/4850515/rh-320-cars_20131022154651758326-90x60.jpg)
James Cockington From a Lamborghini Miura to the first Australian-made Holden an upcoming auction has a classic car for everyone.
The Chartist
Commodities may be on an edge
![Coonamble
Photo Michele Mossop
Wednesday 3rd december 2008
Wheat harvest - silos on a property between walgett and Coonamble
Generic rural wheat harvest farming harvester commodities casual work global financial crisis food flour bread export
Property for lease generic property rental crisis
SPECIAL 97545](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/22/4849886/rh-320-rod_20131022114709675110-90x60.jpg)
Rod Myer Commodity prices are off their 2008 speculative highs but could be reinforced if world growth picks up.
GETTING SETTLED
Winning start to commercial career
![Mel Koutchavlis outside her investment property in Redfern. Photographed Thursday 17th October 2013. Photograph by James Brickwood. SMH MONEY 131017](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/22/4849888/rh-320-mel_20131022115730296833-90x60.jpg)
Christine Long The long leases make commercial property attractive to investors.
ETHICAL INVESTING
Invest with conscience
![OTHER 001 DOLLAR.MELB.021122.BRW.PIC BY JESSICA SHAPIRO... S
DOLLAR GENERIC, $100 BILLS, NOTES, MONEY, CASH, LOVE HEART, ECONOMY, SPEND, GREED, BANK, SAVE, FOR THE LOVE OF MONEY
BRW FIRST USE PLEASE! BRW100401
***afrphotos.com***](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/22/4849675/rh-320-ethic_20131022103547609508-90x60.jpg)
Penny Pryor As investors get more involved with where their money is going, ethical investing is changing and having a bigger impact.
Australia's first Holden offered for sale at $1m
![Peter Briggs with the 1946 Holden Prototype.](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/22/4851396/_20131022201922844334-90x60.jpg)
James Cockington The first Holden to be made in Australia, a prototype for what became known as the 48-215 - now referred to as the FX or Holden Humpy - is up for sale at the Motorclassica auction at Melbourne's Exhibition Building on Saturday.
INTELLIGENT INVESTOR
Demergers let shareholders multiply by division
![Image from Science Photo Library. 070405. sunday age. photograph shows.
MRSA: resistant Staphylococcus bacteria. Coloured transmission electron micrograph (TEM) of a deadly cluster of MRSA Staphylococcus aureus bacteria. Strains of MRSA (Methicillin-resistant Staphylo- coccus aureus) bacteria are resistant to most antibiotic drug agents; some yield to vancomycin. It is a Gram-positive spherical (coccus) bacteria. Here, some bacteria are seen dividing. MRSA is common in hospitals, infecting wounds of patients. S.aureus may cause boils, usually by entering the skin through a hair follicle or a cut. They are also responsible for internal abscesses and most types of acute suppurative infection. Magnification: x24,000 at 6x4.5cm size.](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/22/4849341/rh-320-cell-20131022094130607365-90x60.jpg)
Nathan Bell Demergers are back in fashion and, unlike the '90s "grunge" look, we're pleased to see them again, as there's plenty of evidence they create value for shareholders.
UNDER THE RADAR
Nothing fishy about under-the-radar stocks
![SALMON: 960119: FIN REVIEW:MATURE 30 MONTH OLD SALMON AT TASSAL SALMON FARM, DOVER, TASMANIA..., WORTH $50 EACH...
...PIC BY BRUCE MILLER](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/21/4846985/lr--tassal_20131021115516860124-90x60.jpg)
Richard Hemming Spotting stocks that don't have institutions on the register could mean big returns.
METAL FATIGUE
Gold has flunked the crisis test
![David Potts dinkus.](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/09/17/4755719/David%20Potts%20dinkus-90x60.jpg)
David Potts I like gold as much as you but unfortunately, most of the time it can't be trusted as an investment.
STYLE
It's all in the bag
![Girl with bag. THE AGE . money . 17 OCTOBER 2013 . supplied photo .](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/19/4844220/Dan-20131019192248746242-90x60.jpg)
Stephen Crafti From the clutch to the tote, to the ubiquitous backpack, designer bags are one of the first items to sell out in store and online.
HOT STOCK
Boral set to cement its position
![Boral](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2012/02/28/3081049/th-Boral-90x60.jpg)
Brian Han Industry-wide gloom is masking what is a strong cyclical play with a healthy balance sheet.
Local bourse will suffer if US defaults
![cartoon](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/16/4834415/th-774173706-90x60.jpg)
JOHN COLLETT The picture is a worrying one for Australian investors if the impasse with the US debt ceiling is not resolved by the Thursday deadline.
UNDER THE RADAR
A good investment, but has business grown too fast?
![iStockphoto. Man showing false progress. Dishonesty, Business, Moral Dilemma, Graph, Businessman, Men, Sales Occupation, Chart, Fake, Presentation, Growth. Photo CAN be reused. SHD Investor. 8 September 2010](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/15/4831152/rh-320-radar-20131015104826456314-90x60.jpg)
Richard Hemming Shares in iProperty have doubled in value in the past three months but some insiders say it's gone too far, too fast.
GETTING STARTED
Go on, get involved - AGMs can be fun
![Commonwealth Bank. A shareholder outside the 2007 Commonwealth Bank AGM. 7 November 2007. AFR Photo by Andrew Quilty. Generic AGM, reporting season, annual general meeting, shareholder, shares, stocks, pensioner. SPECIALX 74174B](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/15/4831105/rh-320-agm_20131015101512202211-90x60.jpg)
David Potts The remuneration report is enticing shareholders to show up for the free entertainment of watching executives squirm.
THE 'HONEST' BROKER
What does money mean to you?
![clown; costume; funny; humorous; dollar sign; glasses; person; wig; halloween costume; smiling; teeth; silly; face; clown nose; happy; greed ISTOCK PHOTO](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/15/4831106/rh-320-marcus_20131015101759311250-90x60.jpg)
Marcus Padley Money is an amazing motivator; it causes us to do astonishing things. But does it make us happy?
THE CHARTIST
The bond that ties
![Sheets of five dollar notes go through a machine to receive a serial number and the seals of the U.S. Treasury and Federal Reserve at the Bureau of Engraving and Printing in Washington, D.C., U.S., on Tuesday, April 23, 2013. Stocks rallied amid growth in U.S. home sales, better-than-forecast earnings and speculation the European Central Bank will cut interest rates. U.S. equities recovered after briefly erasing gains following a false report of explosions at the White House. Photographer: Andrew Harrer/Bloomberg](http://web.archive.org./web/20131031210619im_/http://images.watoday.com.au/2013/10/15/4831242/rh-320-chartist_20131015111742711899-90x60.jpg)
Rod Myer The US Quantative Easing program has been so big it has changed the normal relationship between shares and bonds.