I have $100,000 in my SMSF and want to invest it in the stockmarket, where do I start?

Hi J A

Only professionals with Australian Financial Service Licence can provide such financial advice after having considered your personal and financial situation.

I would recommend you look for someone in your local area who holds such a licence and you can trust. Best way to find such a professional is to ask friends, family and colleagues if they know someone.

Regards

Suresh Rajani

Hi J A,

If you are looking at some assistance on how to set up a direct share portfolio and where to start, there are a few things you must decide.
- Your time-frame for investing.
- What type of investments you want eg, direct equities, Exchange traded funds, SMA's
- how are the assets split between existing trustee's
- Asset allocation you would like between different classes

If you are not sure where to start it may be worthwhile sitting down with a Financial Adviser and going through your options in more detail, to really understand your goals and objectives.

Feel free to contact me, should you require a further chat.

Thanks,

Ronald Pratap
Principal Financial Adviser
RP Wealth Management
Level 2, 351 Oran Park Drive, Oran Park 2570
T: 02 9188 1547 M: 0434 502 079
E: ronald.pratap@rpwealthmanagement.com.au
W: www.rpwealthmanagement.com.au
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Hi J A,

If you are looking to start investing through your SMSF, whether direct shares or other investments, there are a few things to look into.

- Once you have established your SMSF, you will need to set up an investment strategy (document outlining the fund’s investment objectives). This will determine what the fund can invest in, and the target asset allocation ranges.

- The investment strategy and asset allocation should be based on your circumstances (as well as any other members in the fund), and your risk profile and investment time-frames. It should also take into consideration factors such as liquidity of assets, and diversification of the portfolio.

You can certainly have direct shares as part of your portfolio in an SMSF, you will just need to make sure any investment is in line with the plan outlined in your investment strategy.

I would suggest speaking with a professional who can guide you through the process of setting up a strategy that aligns with your goals, and who can also assist with implementation.

Hope that helps, and feel free to give me a call if you have any questions or would like to discuss further.

Kind Regards
John Hutchinson
Financial Planner
T: 07 3144 3100
E: jhutchinson@announcer.com.au
W: www.announcer.com.au

I agree 100% with John on the above. Too many clients come to us when it's too late. Seeking professional advice as early as possible is so important.

Happy to have a meeting over Skype to discuss our offerings if you are interested?

Regards,
John