It’s what they don’t tell you that you need to know



Let’s look at recent graphs that do tell a different story to what is promoted by the big guys.
Remember the big guys are big because they tell the big white lies.



 
And this is the result


i.e. a difference of 4%p.a. over 10 years compound makes a big difference.


When we calculate what 100,000 will grow to at 9% over 10 years we get 236,736
                                                                                   At 5%                          we get 162,889
                                                                                           A big difference of 73,847
That is the emotional cost of investing as shown by research & data & there is plenty out there in Google land .
All those little white lies told by self interested others that investing is easy & why not have your own SMSF as you can do better. 
As the Tui would say ‘Yeah right’.

In fact there is a literature on this subject.

We listened yesterday to Vince a professional fund manager with a company that manages 30B. He  has been such for 20 years. He strongly disliked Australian banks as they were too dear & too highly leveraged. He hasn’t been in Telstra for 10 years. What have all the SMSF invested in????.

That is without mentioning all the compliance rules that the ATO CREATES for trustees to comply to.
Do you really want to be a SMSF trustee??

As we are only a small guy with our name that we don’t want to lose then as others do call us on
07 3848 1088 or email us or visit our websites.

We believe that we can generate significant financial certainty for you throughout our relationship & importantly add substantial value to ensuring you achieve all that is important & valuable to you as you have articulated to us.’ 

If we were to sit down in three years time & looked back what do we need to do today so that you are financially & personally better off & happier.

John McAuliffe

0 comments:

Post a Comment