Shellies, Your dedication and faith in LOM will be justly...

Shellies,

Your dedication and faith in LOM will be justly rewarded one day.

The fact that your SMSF share portfolio is 90% LOM say a lot.

My share portfolio investments percentages for LOM / LOMOA are as follows:
- SMSF = 100%;
- Family Trust = 100%;
- Personal = 89.28%

Traditional Financial Planning / Investing concepts would indicate that the above is an incorrect / risky approach to investing ... is not recommended and should not be done. All I can say to that is that my Portfolio is probably looking much better that most of the so called experts / financial planners.

The ATO may also not be favourable to having 100% of SMSF invested in LOM (although risk is based on one's "perception", which varies from person to person)... and I'm sure ATO will not be too fussed or complaining when I start paying the income tax on my gains (too young to be in pension phase yet).

Good luck and enjoy.

GLTAH

zippy1 (another dedicated and faithful long haul Lommer)