144. SMSFs: What are they, who uses them, and what are the other options?
SMSFs are like Fernet-Branca or Wes Anderson films: many people tune out when you bring them up, but those who like them are obsessed.
SMSF – or self-managed super funds – sound complicated… and they are. They also seem like they pose more risk than typical super funds… and they do. But for those who can master their requirements, SMSFs can provide a range of unique investing opportunities.
In this Get Rich Slow Club session, Tash and Ana discuss how SMSFs work, and their potential pros and cons. They also explore some key questions to ask yourself before setting one up.
Get ready, ‘cause…
The skinny
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