My Dad has about 100k in his super fund, about half of which is invested in some not terribly exciting company's (TLS, SUN) and the rest is just sitting there doing nothing. It is set up as a SMSF but currently not much self managing is happening We are looking to learn as much as we can and be a bit more active with the whole thing, just had a couple of questions.
1/ We are looking at using Macquarie Prime as the platform, because brokerage fees are quite low, interest on positive cash is decent, shares and cfd's can be bought from the one account. Would there be anything else out there that we'd be better off using?
2/ Macquarie Prime doesn't have any charting software, so I thought I might use FreechartsSE (http://www.spacejock.com/FreechartsSE.html), which requires you to find your own data source. Does anyone know if Macquarie provide data that can be used in this software? Otherwise I'm stuck with the free data that doesn't update until after midnight. Probably not a huge deal but it would be nice to have data updated at the end of the trading day for perusal that evening.
3/ I know that borrowing to invest is not allowed in a SMSF, but I've heard some on these forums say that you can gear with CFD's, as it's a contract, not technically a loan. I've been unable to find a definite answer as to whether this is allowed or not. Does anyone know? (not that we plan on gearing at this early stage, but it would be nice to know)
4/ Are stock market reports such as Fat Prophets worth the money?
I have plenty of other questions but I'm sure I'll be able to find an answer by searching So much to read, so much to learn. Thanks to the ASF mods for creating such a valuable resource!