In this episode of SMSF Insider, host Troy, founder of Blue Chip SMSF Services, shares insights on self-managed super funds (SMSFs) and the rising popularity of cryptocurrency as an asset class. He discusses the potential benefits of opening an SMSF, especially for those with significant superannuation balances, and how this strategy has proven effective over the years. Troy also addresses concerns about the unfair taxation of retirees, particularly regarding unrealized capital gains tax, and emphasizes the importance of financial independence for busy professionals. Additionally, he reviews social media posts critiquing SMSFs, providing his perspective on the misconceptions surrounding them. Tune in to learn how to navigate the complexities of SMSFs and take charge of your financial future.Ready to finally take control of your take control of your retirement savings and stop leaving your future in someone else’s hands? Book your free call with our team today to find out more: https://www.bcsmsf.com.au/contact-us/Follow us:Instagram – https://www.instagram.com/bluechipsmsf/Website – https://www.bcsmsf.com.auPlease note: The information provided in this recording is for coaching and educational purposes only. It should not be considered personal financial advice. Everyone’s situation is different, so before acting on any of the content discussed, please seek independent financial advice tailored to your specific circumstancesTimestamps: 00:00:00: Introduction00:01:23 - Critique of SMSFs00:02:14 - Costs of Setting Up an SMSF00:03:33 - Investing in Crypto through SMSFs00:04:45 - Criteria for Buying Property in SMSFs00:06:45 - Activity in the Property Market00:07:12 - Pooling Superannuation for Investment00:08:27 - Investment Strategies for Young Professionals00:10:20 - Asset Allocation and Risk Management00:12:20 - Concerns for Young Investors00:13:04 - Unrealized Capital Gains Tax Discussion

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