Anyone else try SMSF with a small amount like $50K, at current rate my super will never be enough for retirement due to low return rate even at best estimates per all the calculators. had long periods of bad luck etc hence my super account is low at an advanced age.
Only way is for me to invest that money is something like crypto or high growth stocks, industry superfund returns of 6%-10% annualized will never make it.
before u go attack me, this is something i'm willing to take a risk on otherwise i basically have no future after retirement. I have a registered stock trader who is a friend of mine who has been helping me pick stocks very successfully and i want to replicate that with my super.
but want to know if anyone tried to do SMSF with small amounts and what is the best SMSF? are the fees really that bad ? what did you use and recommend? thanks