Australians turn to the web for SMSF property advice

Australians are increasingly going online to educate themselves about their investment options, says Fiona Parker of Wealth Know.

The general manager of the independent online financial education website said she has noticed a marked increase in investor interest related to videos showcasing property themes.

“This series of videos goes a long way to explain the appeal of this type of investment, such as stability and capital growth of property investment, and provides a perspective on why they might suit individual SMSF trustees,” Ms Parker said.

Co-founder George Lucas said good research is the foundation of all good investments.

“These videos offer investors the opportunity to educate themselves about the value of using residential property in their SMSFs,” Mr Lucas said.

“Overall, since the launch of Wealth Know earlier this year, we are seeing an increasing interest in our easy-to-digest video clips on financial investment opportunities,” he said.

James Dunn, presenter of the first of a series of four Wealth Know How videos that look at property as an asset class for SMSFs, said property is a long-term investment, which suits the time horizon of many SMSFs.

“Like any investment in a SMSF, the fund’s trust deed must enable property to be bought and property must form part of your fund’s prudent investment strategy,” he said.

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