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Hittman

2,675 Posts.

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16/08/22

20:28

Post #: 63150982
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Originally posted by jmkn04 ↑

for even a small smsf fund say 500K, using 0.25%pa management fee as your example, is still $1250 pa.
for a 2M smsf thats $5000 in management fees.... for what? not being able to even beat the index. over 90% of fund managers can't beat the index.

complete waste of money trusting those muppets with your money. so yeah, complete rubbish.

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Most people do not have the time, knowledge or inclination to Self Manage. Rules are complex and penalties high if you get it wrong.

Being able to buy property in an SMSF is a plus but trading the stock market with your retirement funds is fraught with danger. Most traders lose money.
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