Search results

We shouldn't let smsfs direct invest in real property. Too risky ;)

No idea. Long story but I ended up dumping a fair bit of cash into my super fund, so it's pretty hard to tell how that original measly amount fared. It was probably my fault for leaving the funds in the growth category in the lead up to GFC but I was new to super and didn't know I had to...

I agree with this. My super lost around 1/3 of its value during the GFC. My personal direct investment in real estate has performed a lot better. I can see how direct investment in real estate would be attractive for SMSFs.

The article says: $100b sounds like a big number, but what is the value of real properties in Australia? However, I assume real properties owned by SMSFs would include non-residential property? That makes the proportion even smaller. I don't think it is a game changer. (1)...