How to build a share portfolio like a professional wealth manager
Accountant Timothy Ricardo from Bishop Collins Chartered Accountants joins James Gerrard to discuss ETFs, self-managed super funds and all things tax.
In the past, sharemarket investors built their portfolios with individual stocks with a bias towards blue chip banking and mining companies. But today, with so many low-cost exchange-traded funds available, there has been an evolution in professional portfolio construction with a move towards an ETF-based core/satellite approach.
The core component targets the average sharemarket return through low-cost ETFs while the satellite component tries to outperform the market with five to 10-year themes. In today’s The Money Puzzle podcast we cover how many ETFs to include, which ETFs to consider and when to review, adjust and sell.
Who is the guest?
Timothy Ricardo speaks with www.financialadvisor.com.au founder James Gerrard
Why him?
Timothy Ricardo is an accountant with Bishop Collins Chartered Accountants
What are the topics?
* Proposed changes to tax in superannuation and capital gains
* How the EV Discount Bill can result in a 47 per cent tax deduction on your car
* How to reduce the interest rate on your SMSF loan
* Should “equal weight” ETFs be considered in a portfolio?
Questions always welcome to the podcast, via themoneypuzzle@theaustralian.com.au
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