Share
78 Posts.
lightbulb Created with Sketch. 25
clock Created with Sketch. 07/08/20
22:31
Share
Originally posted by t1obrien:
↑
No minimum mate. People just say $150k minimum because of the so called "compliance costs" of smsf. I think the industry and retail funds peddle the compliance costs line because they don't want people managing their own super. Granted, it is hard to beat Australian Super balanced fund which averages about 9% a year. If I do make good money on Tesserent through my SMSF I'm tempted to close the account and give it back to Australian Super. Happy with a 9% compounded return. Not confident I can pick another Tesserent!!! Lots of dogs on the ASX.over diversified I had no chance of beating the averages. None. My position on financial advisor for super is simple - If you can't match an industry super fund return over a reasonable period of time (say 2 years) you are adding no value. I decided that Mr OB can be the financial adviser for his own super.
Expand
" If I do make good money on Tesserent through my SMSF I'm tempted to close the account and give it back to Australian Super."
