"Let's get it straight: performance counts and there hasn't been much of it lately. That's why I've had an SMSF for some years."
Why then are most of my new clients self funded or self managed?????
You are also being pretty general about who has made money and who hasn't. A Australian Equity fund manager who has to have 90%+ in the ASX could not have made money in the last 18 months becuase their hands are tied as to what they can invest in and weather the trust deed allows them to short use options.
epsilonminus if you saw this coming you must have made millions over the last year...........
