The Updated Investor in Five Dock, New South Wales, Australia | Financial planner

The Updated Investor

Locality: Five Dock, New South Wales, Australia

Phone: +61 1300 781 271

Address: Suite 5 81-85 Great North Road 2046 Five Dock, NSW, Australia

Website: https://www.theupdated.com.au

Likes: 166

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• Consultation agency
• Investing service
• Financial planner

24.01.2022 #SMSF TIP: Manage your records closely Recordkeeping must be kept up-to-date and immaculate. There are loads of rules when it comes to SMSFs and recordkeeping is definitely one of them. ... Auditors will require documentation to back up every transaction undertaken by the fund so you’ll need to keep tidy and complete records. Financial statements, tax returns and any other document that need lodging with the ATO must be kept for five years. Minutes of meetings, trustee declarations etc must be kept for 10 years. Managing a #SelfManagedSuperFund doesn't mean you have to go it alone! Message us on Facebook or call 1300 781 271 to book your first consultation. #TheUpdatedInvestor #SydneyFinance #FinancialPlanning #Sydney

22.01.2022 #AgedCare costs money, and how much money you will pay will depend on a variety of factors. In aged care, you may need to pay a variety of different fees depending on the sort of aged care services you are looking for. Possible fees include:... Daily Care Fees Refundable Accommodation Deposit (RAD) or Daily Accommodation Payment (DAP) Bonds Extra Service Fees Residential Cash Flow needed per annum Accommodation Fee Income Tested Fee Retention Amount A financial advisor will help you understand these fees and how much they will cost. The experts at #TheUpdatedInvestor can also help you figure out how to fund the necessary costs of aged care! Call 1300 781 271 or PM us on Facebook to enquire today.

19.01.2022 #Gearing means taking out a loan to pay for an investment. It is a strategy used by many Australians, and in fact it would be impossible for most Australians to buy their own home without taking out a home loan. Borrowing can allow you to earn more because you have more money available to invest. ... However, it can also magnify any losses: if your investment decreases in value, you still have to pay off your full loan, plus interest. A #benefit of gearing is that the interest on a home loan or margin loan is tax-deductible because they are costs necessarily incurred in earning the income that comes from your investment. Ultimately, the decision on whether or not to borrow for investment is yours to make, however it is valuable to consider seeking independent tax and financial advice before making any investment gearing decisions. Message us on Facebook or call 1300 781 271 to book your first consultation. #SydneyFinance #FinancialPlanning #Sydney

17.01.2022 Look forward to a stress-free #retirement when you plan ahead with #TheUpdatedInvestor! That way you can sit back, relax & enjoy the view later PM us on Facebook or give us a call on 1300 781 271 so we can help get you on the right track.... #FinancialPlanning #SydneyFinance

16.01.2022 We love long weekends! The team at The Updated Investor hope you are all enjoying your day off with friends and family

14.01.2022 4 Benefits of Buying an Investment Property Using your #SMSF: 1. It can be tax-effective As a preferred method for retirement savings, it helps save a lot on the taxes you pay. 2. Business benefits With an SMSF, you cannot purchase a residential property to rent back to yourself, but you can purchase a commercial property to lease back to your own business. ... 3. You get better purchasing power Combining your capital with the other members of your SMSF gives you the purchasing power you need to invest. 4. Direct control With your Self-Managed Super Fund property, you have direct control of your investments and diversification in your portfolios. For a better understanding of #SelfManagedSuperFunds message us on Facebook or call 1300 781 271 to book your first consultation. #TheUpdatedInvestor #SydneyFinance #FinancialPlanning #Sydney