hi LL remember in your SMSF the 15% super tax is offset by your 30% franked dividend tax . In an allocated pension phase ALL the 30% is attributal to you as there is NO tax within the Super fund pension and at age 60 there is NO TAX outside; So from your $3.30 franked CBA divvy you get the $3.30 plus the f/c of $1.41 totalling $4.71 TAX FREE at age 60 NO TAX for your pension so you get the full $4.71 TAX FREE (( b4 age 60 $4.71 taxed at your nominal rate in your pension...but you do get some tax offsets ))
my hint , buy top quality dividend yielding stocks , dont sell them in a market crash , the idea is for dividend not growth , you will ofcourse with the right stocks get growth too..keep some cash handy in the fund to BUY when the market crashes/pullback etc..DONT SELL
Look at a chart with the 2009 bottom , notice that this bottom is above very earlier previous years highs , look at the divvies that say CBA paid over that time , look at a chart when cash was inflated away in value , look at the price of say CBA over that period...the proof is in the pudding...
so the secret is...good yielding stocks , no fund managers and their products , no financial advisers except prob your accountant ,keep informed , run your own SMSF ..well it works for me... have a nice day cheers Baxter
