4 common mistakes made by SMSF investors

[@conghuynh3843]

Great video! Can you do one on SMSF how to buy share from BT app use mobil phone thanks

[@travellerjames3139]

Picking shares is the 💣

[@moepharmo]

I have been killing it and over performed by picking shares

[@rrocketman]

Thanks for this mate

[@ChrisBryckiStockspot]

My pleasure, thanks for the comment.

[@travellerjames3139]

Great video. Can you do one on SMSF taxes on share trading?

[@travellerjames3139]

Great video. Can you do one on SMSF tax on share trading?

[@jamesvg1499]

Good video.

[@irenehoimes7186]

Thanks for the video... what if you live off dividends? Still not concentrate on high dividend stock? Thanks

[@ChrisBryckiStockspot]

Hi Irene, even for clients who live off dividends we recommend a total return approach, which you can read about here blog.stockspot.com.au/dividend-yield-investing/

[@travellerjames3139]

FYI if you buy enough individual shares you create your own ETF

[@ChrisBryckiStockspot]

That's true, you can 'direct index' however unless you have millions of dollars it's not going to be worth it due to costs/complexity.

[@heyheykuya8289]

Hi Chris I have a ANZ managed fund wanting to get out and start my own ETF portfolio .I'm 62 and will retire in 3 years. VTI 55% VGT 21% VXUS 12% BND or Gold 12% Been looking at the big 3 what do you think.

[@ChrisBryckiStockspot]

Hi Kuya, thanks for the message. It looks like all of these ETFs you're considering are overseas listed. Before you buy ETFs listed in other markets you should also consider the tax consequences or speak with your accountant or tax advisor. What do you mean by the big 3?

[@TheGilbalfas]

5th common mistake of SMSF advice is pushing shares only...

[@ChrisBryckiStockspot]

Yes I agree, bonds, gold and other defensive assets are important too for period where growth assets perform poorly.

[@Andre_XX]

Too many shares, I agree. Nobody, not even the "experts", can predict the global events (pandemics, wars...) that can shred your retirement savings in the time it takes you to brush your teeth.