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In this episode of SMSF Insider, host Troy delves into the important topic of managing your investment portfolio during economic downturns. He emphasizes the risks of selling assets in a crash and highlights the advantages of using a self-managed super fund (SMSF) for property investment and leveraging opportunities. Troy discusses the implications of market collapses, including the potential decrease in asset values such as shares and property. Listeners will learn about the significance of diversification, as well as the dangers of over- and under-diversification. The episode also covers strategies to protect your portfolio through defensive assets and the importance of seeking professional advice for proper asset allocation.

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Please 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 circumstances

Timestamps:

00:00:00 - 00:00:00: Introduction

00:01:04 - Understanding Economic Downturns and Asset Protection

00:02:30 - The Importance of Diversification in Your Portfolio

00:04:25 - The Role of Property in SMSF Wealth Creation

00:05:54 - Division 296: Tax Implications for SMSFs

00:08:05 - Historical Context and Future Implications of Superannuation Tax

00:09:40 - Defensive Assets and Their Importance During a Crash

00:10:43 - Comparing SMSF and Industry Funds in Economic Downturns

00:11:59 - What Not to Do During a Market Crash

00:12:54 - Currency Risk in Overseas Investments

00:13:36 - Navigating the Current Housing Market Crisis

00:15:22 - Leveraging Property Investments in SMSF

00:16:05 - The Importance of Time in the Market