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Wealth

Personal Finance

Today

Daniel Kahneman, the author of Thinking, Fast and Slow.

Nobel Prize winner Daniel Kahneman’s lessons for investors

Daniel Kahneman, who died on March 27 aged 90, revolutionised the world of investing by applying psychology to economics.

  • Tim Mackay

Yesterday

Kaine Sheppard has been trying to buy a holiday home for 18 months, without luck.

The questions real estate agents avoid (but buyers must ask)

Be aware of the many hidden costs associated with buying a new home.

  • Duncan Hughes
The existential test for asset prices will be the next US inflation print.

Next US inflation print could make or break 2024

Investors in aggressively long equities, real estate, junk bonds and private debt have been fervently punting on the likelihood of deep rate cuts this year to bail them out of a heavy procyclical slump.

  • Christopher Joye
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Small caps are ripe for a comeback. Here’s how to pick winners

The life-changing capital gains on offer make the small-cap sector attractive to investors, but success stories are rare among the thousands of companies that bite the dust.

  • Tom Richardson

This Month

You must meet a “condition of release” before accessing super.

What SMSFs need to know as ATO cracks down on illegal access to super

More than $630 million has been accessed illegally from SMSFs. Here’s what you need to know to stay on the right side of the law.

  • Colin Lewis
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A question of super.

What if my late wife’s pension pushes my super above $3 million?

Reversionary pension law gives surviving spouses time to sort out their super.

  • John Wasiliev

Is it worth getting a Qantas home loan for the points?

It’s no good getting a ‘free’ one-way ticket to France but having no money to buy yourself a decent pain au chocolat.

  • Penny Wise
It’s very difficult to pick biotech winners.

Why picking ASX biotechs is mostly for the crazy brave

It’s a space with a reputation for rollercoaster returns and outlandish sales pitches, but some investors get lucky.

  • Tom Richardson
Suzie Beirne lost most of her life savings in an investment scam.

How to move on from a major financial loss

Three people who lost large sums of money open up about being duped, dealing with ‘gut-wrenching betrayal’ and their search for emotional acceptance.

  • Nina Hendy
Units still provide a valuable foothold into property ownership.

The right apartment still a good stepping stone to property wealth

The price difference between houses and apartments has reached record levels, but units are still an important stepping stone on the property ownership journey.

  • Richard Wakelin
Trustees do not have unfettered power to deliberately exclude particular beneficiaries, even if they are estranged.

Why estranged family members might still have a claim on trust money

A decision in the Victorian courts found that trustee must engage in bona fide inquiries about potential beneficiaries.

  • Peter Townsend

March

We asked 11 experts where they would invest $1 million.

Where to invest $1m right now

We asked 11 experts where they would invest $1 million to earn serious returns; then we asked them to nominate an indulgence spend.

  • Lucy Dean, Joanna Mather and Tom Richardson
Year after year, relatively few active fund managers outperform passive managers.f

Stock pickers at near record levels of underperformance

More than 75 per cent of all Australian large-cap equity fund managers underperformed the ASX200 benchmark for 2023.

  • Ben Smythe
A question of super.

The tax implications of contributing business sale proceeds into super

The tax-related issues depend on the circumstances involved. In complex cases, one might need to engage an accountant, a solicitor and a financial planner.

  • John Wasiliev
Although there will be significant bad debts, they appear to have already peaked.

Two ETFs for investors looking to tap bargains in China recovery

There is no telling if the Chinese sharemarket crash is over, but smart investors know that in carnage can lie opportunity.

  • James Weir
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The most ‘dangerous’ phrase in inheritance planning

“To be shared equally between my children” sounds simple, yet it’s anything but.

  • Penny Pryor
Reddit has made its Wall St debut.

Should you invest in Reddit after 48pc ‘pop’?

The issue for individual investors is returns like this don’t always last.

  • Charlie Wells
Financial strategies involving trusts which merely result in the payment of less tax are not evidence, on their own, of a dominant purpose of tax avoidance, the court found.

$60 billion in trust payments under cloud following ATO court loss

The court warned the ATO cannot dictate to taxpayers how they should arrange their affairs.

  • Duncan Hughes
Companies, superannuation funds, and family discretionary trusts have various pros and cons.

High-income earners turn to investment companies

Superannuation is no longer the “go to” tax-effective investment vehicle.

  • Michael Hutton
Maria Lykouras, CEO of JBWere.

Women overwhelming winners in $5trn Baby Boomer wealth transfer

Women will receive 65 per cent of the nearly $5 trillion due to pass from Baby Boomers and their parents to the next generation in the next decade, a new report finds.

  • Lucy Dean