When investing in your self-managed super fund, it is important to still do your own research and not relay completely on a another advisor or another external company that’s helping you, either form yourself managed super fund or helping you to invest using yourself managed super fund. Recently there have been some issues and a man by the name of George Norwak from Chatterhew Group had his assets frozen and his travel restricted because of his work in advisement of other people’s self managed super funds.
Now obviously, this is going to be a big concern to those people who have invested with George but it also should be a big concern to you if you’re considering investing in yourself managed super fund.
It is still possible for you to get swindled and for you to get stung or purchase something that’s not going to be a great investment for you. So you do need to do your **due diligence** before buying any investment property using yourself managed super fund. It’s still your money.
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investment property financing Things To Be Cautious Of When Investing Using Your Self Managed Super Fund (SMSF) (Ep86) | |
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