SMSF Noob Question

Gday summoners,

Just a quick question regarding a SMSF. I am only 27 with not the greatest of balances but the idea of managing your own SMSF seems great. For example, you could have more control over which equities you want to get into over the long term. I am pretty sure its not viable for small amounts such as 50-60K but would be interseted to know for those who do it.

Thanks in advance.