http://blog.sli-smsf.com/2009/06/20/compare-apples-with-apples/ Sharing Simple Strategies for Self Managed Super Funds Mon, 09 Jan 2012 12:01:43 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://blog.sli-smsf.com/2009/06/20/compare-apples-with-apples/comment-page-1/#comment-24 Rohan Sat, 20 Jun 2009 12:16:06 +0000 http://slisuper.wordpress.com/?p=131#comment-24 I have read your blogs with interest and agree with your article. The primary reason for setting up my SMSF was that I wanted control of my finances as well as the flexibility to act. Although it looked attractive from a fees perspective, I soon realized that the management fees of public super funds covered not just their paper work but also their market analysts and investment strategists costs, something I now do (and must say I enjoy doing). The control forced me to increase my knowledge through education. I have spoken to people who have been advised that running their own SMSF can save them the fees that the public funds charge. The sad part of this is that these people do not have the financial and/or investing skills to really take this on. I know some of them are in the process of educating themselves, while others take the advice from columns they read online or in newspapers. I have read your blogs with interest and agree with your article. The primary reason for setting up my SMSF was that I wanted control of my finances as well as the flexibility to act. Although it looked attractive from a fees perspective, I soon realized that the management fees of public super funds covered not just their paper work but also their market analysts and investment strategists costs, something I now do (and must say I enjoy doing). The control forced me to increase my knowledge through education. I have spoken to people who have been advised that running their own SMSF can save them the fees that the public funds charge. The sad part of this is that these people do not have the financial and/or investing skills to really take this on. I know some of them are in the process of educating themselves, while others take the advice from columns they read online or in newspapers.

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