Where SMSFs can turn for ‘validation’

Key Points DIY fund members savour control of their retirement savings But many lack confidence Avoid investment risk by following two simple rules There’s a common belief the GFC bypassed Australia, but that’s just not true. Between October 2007 and March 2009 the local share sharemarket lost 52% of its value. The wealth destruction was felt most keenly by those that got out at the bottom and put their remaining capital in cash. Unfortunately, a lot of people did just that. Then, they set up self-managed superannuation funds and found themselves struggling to make sense of the investment market....

There’s a common belief the GFC bypassed Australia, but that’s just not true. Between October 2007 and March 2009 the local share sharemarket lost 52% of its value.

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