How long have you had your SMSF?
I’ve had it for about five months. It took longer to kick in than I actually thought it would.
Why did you start it up?
I got out of a [superannuation] fund a year ago, the fund had just kept losing and you see your money just getting whittled away.
Where did you put your funds in the meantime?
I had it in the bank. About a year ago I emptied the super fund to put a deposit on a home and for various reasons I was able to pay it back [to the bank account].