I agree. If you have a preference to managing your own assets then Self Managed is the way to go. There's a few things to be aware of in terms of compliance and satisfying the oz tax office sos to obtain the tax concession on your contributions (ie. pay 15% versus 45%). Recommend you need at least $250k as said, but ideally $300k to compensate for the time, energy and annual admin fees. Happy to let you know what I did, if you get stuck.