Too right, plus if the Acct is following the rules you can't...

Too right, plus if the Acct is following the rules you can't expect too much 'strategy' advice from them.

Without being too personal bt, do you think you have enough / need for a SMSF?

Based on a $60k loss of let's say 25%, that means you had $240k and have $180k now. If you are pretty well going to have some direct shares and index fund with largely a buy and hold strategy, have you considered just using a superannaution platform and forget the SMSF hassel?

If you could find a provider that would charge say 0.8% or less admin pa, on $180k then for 1500 bucks you can have the work done at the same standard but cheaper than a reasonable SMSF admin service. No hassles or travel or audits etc. Just concentrate on investing and spend the time research your investments. If you expect to have a few hundred grand more in the next cuple of years, then ignore the above.

This is just my opinion (and I, like MK, will declare I am biased towards SMSF's) but make sure you want to go down the SMSF path for the right reasons. Be sure to separate the investments / options from the admin side.

Cheers

Lindso