Whatever your aim or goal, planning to succeed is important. As the saying goes, ‘failing to plan is planning to fail.’
What is a strategy?
Strategy is the method employed to reach an end goal. Without a plan in place, efforts will be haphazard and disjointed. Governments produce economic strategies, companies work to business strategies, and people in debt pay-off loans far quicker when following a debt repayment plan.
To reach your retirement goals, an SMSF investment strategy is imperative.
SMSF Strategies explained
When setting up an SMSF, you will need to set investment goals to achieve the retirement fund you need in order to benefit from the retirement you deserve. The SMSF investment strategy will detail all the factors involved in making objectives become realities, including:
- Asset classes the SMSF can invest in
- Allowable weightings of investments within the fund
- Asset class benchmarks
Protecting the SMSF
Investment decisions have to be taken in accordance with the SMSF investment strategy, which should be reviewed at regular intervals. Trustee meetings should document all investment strategy decisions, and investments made with full consideration given to:
- Risk of asset classes and individual investments
- Requirements of diversification
- Liquidity and the ability to pay any benefits
Taking professional investment strategy advice
When creating long term economic plans, governments seek the advice of business leaders and economic strategists.
Companies employ the services of accountants, lawyers, IT specialists, engineers, and consultants to formulate strategies to achieve their goals.
Individuals reach professional, personal, and financial goals with the help of advice and guidance from experts: legal, career coaches, and financial.
It’s clear that the potential for achievement of goals is focussed and enhanced with professional advice.
Super Finance Professional Networks are specialists in SMSF investment strategy. Its service begins with a consultation meeting to discuss your particular circumstances and your current provisions. This consultation will lay the foundation to formulate your SMSF investment strategy by:
- Reviewing your super
- Reviewing your current investment strategy and financial plan
- Explaining the opportunities available to you
SMSF investment opportunities
Super Finance Professional Networks has the experience and expertise to discuss all investment assets available to you through an SMSF, including SMSF property investments.
A free initial consultation will give you a chance to assess the opportunities which may form part of your SMSF investment strategy, and also to discuss the formulation of the best strategy to achieve all of your investment goals.
Your SMSF strategy is the key to unlocking the door to the retirement you want.
