NewsBite

Tim Mackay

This Month

AI can be useful in financial advice, but caution is needed says Tim Mackay.

AI science won the Nobel Prize, but can it fix your finances?

Artificial intelligence could help younger people grow their wealth, but there’s a risk it could also result in “quirky” – if not risky – portfolios.

September

Use a free online data leak checker to see if your information has been involved in a hack.

SMSFs are a $1 trillion honeypot for hackers

The success of the retirement savings system has become an irresistible target for global cybercriminals.

August

Social media app TikTok

I watched 100 fintok videos – here are five finfluencers to follow

Critics say you can’t explain complex issues in 30 seconds, but some young content creators on TikTok do it really well – particularly Australian women.

July

What to do if you have big wins in your share portfolio

It’s easier to manage concentration risk if you hold direct shares, but not so simple if you’re an ETF investor.

June

Top up your concessional contributions to the $27,500 cap before June 30.

Five things for SMSFs to do before June 30

Think of it as the world’s most boring, but incredibly profitable, game with the Tax Office.

Advertisement

May

The investment shift that could undermine your wealth plan

Whether to invest for income or growth is not the right question to ask for those in or moving to retirement.

April

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

Nobel Prize winner Daniel Kahneman’s lessons for investors

The pioneer of behavioural economics, who died on March 27 aged 90, dispelled the idea that people will always make rational decisions in their own self-interest.

March

Krispy Kreme shares were downgraded in late 2023 on fears the drugs could hurt doughnut sales.

Don’t fixate on AI’s boom, a similar revolution is happening elsewhere

At the heart of this is Novo Nordisk, a 100-year-old Danish company, the Nvidia of weight loss drug companies – and SMSFs should take note.

February

How markets will respond to a Trump or Biden win

Both ageing candidates pose problems, but the objective is to make prudent, long-term financial decisions, regardless of the election result.

December 2023

Investors will strategically manage their super to stay below the threshold.

Savvy super savers will avoid the $3m threshold. Here’s how

A tax increase to 30 per cent on super balances over $3 million will invariably shift investor behaviour.

November 2023

How to avoid getting burnt investing in AI and EVs

History shows you’re better off backing the theme via an ETF rather than trying to pick the winners.

October 2023

Running out of money is a common worry when people first retire.

Why the first five years are the most important in retirement

Stopping work is not the finishing line, but the start of an exciting life chapter. There’s important psychological and financial prep work to do first.

September 2023

The ‘Aldi’ ETF that delivers an extra 0.21pc

Fees charged by funds based on the same index can make a difference to returns, which is why it’s worth taking a closer look.

August 2023

How the financial toll of divorce gets uglier through the years

The most detrimental financial consequences of separation occur many years into the future, especially as retirement looms. That’s why choosing the right life partner can be your best financial decision.

June 2023

A high starting salary or making voluntary contributions means the debt is repaid within eight years. Someone starting on a lower salary would take 14 years to repay the student loan, with much more going on indexation costs.

This is how HECS debt can balloon

In a high inflation world, if you have the capacity and the desire to help a relative repay student debt early, it will likely help grow overall family wealth.

Advertisement

May 2023

While most SMSF members don’t qualify for the government super co-contribution (based on income and super balance), many have working children or grandchildren who do.

Read this for a stress-free (and lucrative) run-up to June 30

All you need to know to make the most of super opportunities and avoid the tax pitfalls.

April 2023

How you should be investing as super caps change

Family trusts, investment companies – and holding assets in your own name – will help you minimise tax.

March 2023

Taxing unrealised gains creates super fund cash flow issues where there isn’t a corresponding sale to fund the tax.

Why automatic indexing of the $3m super cap is a bad idea

Taxing unrealised gains and increases to the total super balance are just two of many challenges to the proposed government change.

February 2023

Unlike the rules of rugby, where no matter where you play in the world or who you play against, everyone knows the rules and plays the same game, investing is completely different.

How to play the right game on the sharemarket

Self-managed super fund investors face many difficulties navigating the sharemarket. Here’s how to avoid some common pitfalls.

January 2023

ChatGPT isn’t strong on important financial calculations and metrics that can change in real time.

What ChatGPT can do for your investments

We test the chatbot to evaluate its capabilities and potential benefits for portfolios.

Original URL: https://www.afr.com/by/tim-mackay-p4yvlt