Emily Cooper January 6, 2022 No Comments

Your SMSF Cryptocurrency Holdings – 5 Critical Areas

SMSF Cryptocurrency

A common question we are asked as accountants is whether Cryptocurrencies, such as Bitcoin or Ethereum can be held as SMSF Assets. Obviously many of these have seen a massive increase in investments over the past few years becoming the new ‘gold’ hedge. With current global economic uncertainty, it isn’t surprising that many SMSF trustees are hedging their traditional investment portfolios with cryptocurrencies to diversify their superannuation savings. While you are permitted to invest in cryptocurrencies via your SMSF, there are a few factors to be mindful of to avoid any potential audit issues.

Emily Cooper December 3, 2020 No Comments

Risky Business: Cryptocurrency, CFDs and Derivatives, Oh My!

With official interest rates hovering at an all-time low of 0.25%, it’s not surprising that many SMSF trustees are turning to riskier investments to try to generate better returns. While these investments are allowed by the SMSF legislation, there are several factors that need to be considered before investing.

Emily Cooper November 16, 2020 No Comments

Is your SMSF adequately diversified and why it is important?

With interest rates at record lows, the share market unpredictability and all round economic uncertainty, now more than ever it is important to ensure your SMSF investments are meeting your investment goals.