Eureka Correspondence

An alternative to SMSFs, CFDs and SMSFs, living in a fool’s paradise.

My daughter (under 25) is looking at using the member direct option that her superannuation fund offers. She wants the flexibility to be able to invest in shares but has nowhere near enough funds in super (under $50K) to start an SMSF. We talk about my SMSF and the shares I hold and why I hold them, and she is learning from others of her own generation as well and she is keen to be an investor. As all her savings are tied up in the new house she has just bought, her super is the only area where she can invest. I think it is the perfect option for Gen Ys to develop their portfolio management skills before they take on the challenge of managing an SMSF later in life if they choose to.

Name withheld


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles