SHARES THE BETTER INVESTMENT SMART BETA THE NEXT 10-BAGGER $550K HOUSE OR $120K GRANNY FLAT 10 MOST-ASKED QUESTIONS OCTOBER 2017 $7.95 ISSUE 205 Paul www.moneymag.com.au @MoneyMagAUS Clitheroe “WHY MY CREDIT CARD TRAVEL INSURANCE MADE ME LAUGH” WHY PAGE 10 NEGATIVE GEARING STILL WORKS Cash flow plans for low and high incomes: earnupto$19,165- BRYCE HOLDAWAY PHIL RUTHVEN VITA PALESTRANT PAM WALKLEY SAM HENDERSON IMMIGRANTSIMMIGRANTS MIMINIMISINGNIMISING THETHE RULESRULES HOHOWW TO TAKE OUR JOBS: DEATH TAX AROUND CHASING GET OFF THE 17 MYTHS BUSTED ON SUPER YIELDS MONEY-GO-ROUND 017 AUST 4 50 UDE & GUARA Australia’s o.1 Nweekly mag EW WEE Nic &Ke their do BACHELOR MATTY J FIRST BABY ETMBR2501 US P George finally reveals his bundles of joy! Nic & Keith share MIE OLIVER’S their double joy! ‘Wh ATTYJ ESTEVER TERRIBLE INGREDIENT AKE!’ HILD woman he’s TWIN FERGIE & JOS NNERS in love with BABY FIRST THAT T BABY BOYS! P eorgefinallyreveals his bundlesof joy! AMIE OLIVER’S ESTEVER INGREDIENT ROYAL LO NNERS CHILD SCAN ‘WHEREARE ‘I’M YOU, PRECIOUS CHARL LITTLE BOY?’ WllamTyrel’s SECR mum’s angu sh SON iPad, iPhone, Android, Google, Samsung, Laptops, Desktop computers, Windows Phones & tablets UNIT OVERSUPPLY CHINA & IND FLIPPIN H MES BARGAIN BUYS CATCHING TH H SEPTEMBER 2017 $7.95 ISSUE 204 www.moneymag com au @MoneyMagAUS BULLETPROOF WAYS MAXIMISE DIV R E TO SAVE SCOTT PAPE INVES PROCEEDS AL LITHER TURNING TEENS INTO smart choices INVESTORS ROSS GREENWOOD EXPERT PI K FLIPPING HOMES r every budget XT BOOM HOW YOU CAN STILL PROFIT YOUR ANNUAL R INVESTMENT PTEMBER 20 7 7 5 SSUE 204 ww moneymag com a GUIDE ho W HERE EDIVORCE PERFECT RETIREMENT GUIDE TO RE PULLTHROE PORTFOLIO NERIDA COLE EN KINGSLEY THEROAD EXCLUSIVE TEST! SHARE INSIGHTS: WHY 2ND LEVEL THINKERS BEAT G bolts plates I THE BUSINESS OF DYING: GOODBYE FOR AS LITTLE S$15 nto Hamilton’s ys as an NN HOTSPOTS 740kW racer ST M RGA ET OMAS Import v Aussie! PLUS HEALTH INSURANCE: YOUR 10 KEY QUESTIONS ANS ERED German invader takes on Holden’s home grown hero Is it worthy of the Commodore badge? PERFEC M SHARES THEROAD OHWHATASHA PORTF MA CUS AD EY G bol s p ates nside Toyota s inal S nto Ham lton s days as an Aussie 740kW acer manu ac urer THE BUSINESS OF DY NG: GOODBYE FOR AS LITTLE AS $1500 PLUS HEALTH INSURANCE: YOUR 10 KEY QUEST ONS ANSWERED READ YOUR FAVOURITE MAGAZINES ON ANY DEVICE! More than forty titles available! An army marches on its stomach, sure, but in restaurants staff meals are about more than mere fuel. We visit top Sydney and Melbourne restaurants before service to find out what’s for dinner. SEP Restaurant Food awards SPRNG LIFE IS PAYNG OADED SWEET WI H FIRE POKE asman a s Agr r an Sweet nvy s an Dave Pynt Au sie Hawa i s A i n i chen has apt ame or A s air chef t Si gapo e s nfle ted bowl ran hed out rom Wi e s ake y Burn Ends l gh s o raw fish sa ad ook ng sch ol o Be env ous no up he ba b e or on i e ma es es au ant w th more We b ng you aoalfied menu or sma t ca ual ery as y re ul s at steohisb st mdeorprng pr ng mea s 106 114 124 134 Features CHEFS’ UP IN LUCKY MARCO TOP OF TABLES SMOKE STREAK ON MARCO THE CLASS We visit restaurants In his new book Dav d Chang s ood Reading White Heat Pull up a chair in Sydney and chef Aaron Tu ner maga ine Lu ky with Marco Pierre with fork at the Melbourne before chronicles the f l of Pea h bu ned White: how does ready and dig service to see his restaurant L am b ig t and s rong the epoch-defi ning in to the 2018 what’s on the menu and his return o As t c oses Amel a cookbook of the Gourmet Traveller for staff dinner. cooking at Igni Letewigstup ’80s stand up today? Restaurant Awards. 74 80 86 90 94 Travel SAPPHIRE DUE HONG KONG AND GOLD SOUTH FOR ONE enn f r Byr e For a as e of Fl ing oloonyour ak s he S lk Rod ex r me w l ern ss next r p to Hong nd di cove s n xt eme comf rt Kong? A t ad t on of he v v d i to y He en Ande son tab e sha ng ma es f Uzbek s an and t kes a h ke in the c y a h ven S ur m ni tan Sou h Aus r l a for one ange s LE OW N K 144 154 162 MMA E G p114 TYLIN S RNLEY. RNLEY. AstirWses A atz ie PHY BEN DE A R OG T O PH tablesChefs’ GROSSI FLORENTINO “All the staff from the Grossi sites at the top of the city (Ombra, Grossi Florentino, Grossi Grill and Arlechin) get together at 4.30pm every day. Most days it’s an Italian meal such as chicken on the spit, pasta or risotto, but on Saturdays we’ve devised a roster for the chefs to each have a turn creating a dish from their own culture. We’ve had Korean, Malay and Vietnamese, and a couple of Italian meals and it’s becoming a bit competitive. Sta nourished, but sta nourishment. A g Guy Grossi, exec Bourke St, Melbou SEPTEMBER 25, 2017. AUST $4.50 Australia’s o.1 Nweekly mag Nic& Ke h share theirdo le joy! BACHELOR MATTY J ‘I MADE A TERRIBLE MISTAKE!’ Meet the woman he’s really in love with FIRST BABY PICCS BES VALU CA 60 smart choices ! for every budget ge finally reveals TOBER 2017 bundles of joy! $10 icGS NZ $10 95 ( n G fa m/Whee sAust al a Ava lab e On Th EW WEEKLY N JAMIEOLIVER’S ND A FL PP NG HOMES THE NEXT BOO HOW YOU CAN STSTILL PROF T YOUR BESTEVER ANNUAL INVESTMENT 5 INGREDIENT ROYAL LOVVE GUIDE AUS DINNERSD CHILD SCANDAL EXCLUSIVE ERE TOTO TEST! E ‘I’M MAXIMISE D VORCE VESTT PROCEEDS AULLTHROE IOUS CHARLE ImportI v Aussie! Y?’ SECR 0k rell’s Geerman invader takes on Holden’s home-grown hero W TH NEW HOTSPOTS uish IsI it worthy of the Commodore badge? th ERT PICKS M RGAETOMAS SON’’ RTHEROAD OHWHATASHA A G bolts plates Ins de Toyota’s fina THATTORE m in love nto Hami ton’s days as an Auss e PERFECT RETIREMENT PROPERTY THROUGH GU DE TO RENTVEST NG $1Ok PA FROM SHARES 740kW racer manufacturer THEM APART with Chris’ PORTFOL O ER DA OLE SMSFs SAM H ND RSON BEN I GS EY MRCUS PADLEY SHARE INSIGHTS: WHY 2ND LEVEL TH NKERS BEAT THE MARKET THE BUSINESS OF DYING: GOODBYE FOR AS LITTLE AS $1500 PLUS HEALTH INSURANCE: YOUR 10 KEY QUEST ONS ANSWERED Read ANYWHERE, ANYTIME on ANYTHING! Search for your favourite magazines on these Apps and websites. Apple, the Apple logo and iPad are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. CONTENTS 34 20 48 COVER STORY INTERVIEW MYTHS BUSTED Why negative gearing Medical cannabis investor You should know the facts still works Harry Karelis to make good decisions ON THE COVER UPFRONT MY MONEY 10 Paul Clitheroe on travel insurance 6 Editor’s letter 44 Gold Star cars: Wheels team 34 Why negative gearing still works 8 Our experts 46 Extra income: Chris Guillebeau 48 17 myths busted 10 In your interest: Paul Clitheroe 48 Reality check: Phil Ruthven 60 Getoffthemoney-go-round 12 News&views 52 Health care: Beth Quinlivan 62 Houseorgrannyflat 16 In brief 55 Banking: Effie Zahos 56 Family money: Susan Hely 68 Smartbetaquestions 20 Interview: Alan Deans 57 Small business: Anthony O’Brien 71 Chasing yields 24 Ask the experts 58 What if...: Annette Sampson 79 Minimising super death tax 26 Ask Paul 58 The challenge: Maria Bekiaris 82 The next 10-bagger 30 Smart spending 60 Crisis: Sam Henderson 33 Paul’s verdict 61 Life matters: Heidi Armstrong Disclaimer: Theinformationfeaturedinthismagazineisgeneralinnatureanddoesnottakeintoaccountyourobjectives,financialsituationorneeds.Youshould consider the appropri- atenessoftheinformationhavingregardtoyourowncircumstances.Beforemakinganinvestment,insuranceorfinancialplanningdecisionyoushouldconsultalicensedprofessional who can advise you of whether your decision is appropriate. Bauer Media does not have an interest in the promotion of any company, investment or product featured in this magazine. “ there aren’t many areas of my trilogy enhanced cash life in which i am conservative. – yield, stability and access, made easy. my finances are one of them.” – ian healy * 4.30%pa equivalent net return paid discover more monthly as at 31 august 2017 1800 230 099 www.trilogyfunds.com.au ⁄cash-money [email protected] *For the month ending 31 August 2017, investors of Trilogy Enhanced Cash received a distribution return equivalent to 4.30% per annum (net of fees, costs and taxes, and assuming no distribution reinvestment) calculated daily and paid monthly in arrears. Please note this is past performance information for the month of August 2017 only, and is not a reliable indicator of future performance. Past performance information should be considered only as part of a balanced review of all the features, benefits and risks associated with Trilogy Enhanced Cash. Trilogy Funds Management Limited ACN 080 383 679 AFSL 231425 is the responsible entity of Trilogy Enhanced CashARSN614682 469 and has issued a Product Disclosure Statement and Information Booklet both dated 5 April 2017 (PDS) available at www.trilogyfunds.com.au/cash.You should read the PDS carefully, including the risks section, as the PDS contains full details about investing in TrilogyEnhanced Cash, and you should also seek personal advice from a licensed adviser on your financial objectives, situation and needs before making a decision to invest.