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Thanks Terry,
I guess that is my dilemma, that these people want to put about 50% of my super fund into a property investment, with their expectations of around 3% income, under a SMSF. Which they say is somewhat guaranteed given it is property not shares! I think this is very low at a time when there is a better returns out there! I get the overall opinion that to invest a SMSF in property to pay full value from my fund for such a low return is not warranted? Thank you all, that gives me other inputs and opinions, I do appreciate yr time and comments.Hi Everyone,
Thank you all for your input and comments. One of my main reasons for getting into this forum, is that I have found it very hard to get any ‘independent’ source to get feedback or recommendations! Everyone wants a slice of the cake! I did speak with an Industry fund, as you say it returns around 7-8% and it seems ‘safe’? The firm I am dealing with keep saying how shares can go to zero value, whereas property cannot never go to a zero value and every likelihood it will increase. But as already said any increase in capital growth is only as good as when you sell it?? I am still uncertain which way to turn. I know today I pay far too much or a Financial Advisor, the Industry Fund seems the ay to go, I am just not comfortable with the SMSF still?? The pitch from these guys is any super fund over $500k makes perfect sens to be in a SMSF? Any thoughts or comments??
