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Hi there, thank you for the advice and for not being rude as I am a newby to this. I thought that I would follow up from my first post and give everybody an update.

I met again with Greame Rogers the owner of the sharemarket college and I have to admit that once again I liked his style of explaining to me how easy investing was. He did also explain that there were risks but when you learn how to trade they are lessened. Again, most of the meeting was about how to use your SMSF to pay for the course but again I didn't see the issue with that as as Greame explained it, paying for the course is an investment. And I liked the fact that they have advised their 10 000 members to do it this way.

I spoke with my wife and we decided to speak with our accountant to go over some of the finer points of our SMSF and how to exactly withdraw the funds to pay for share trading course.

Our accountant told us that it is illegal to pay for any educational courses with money from your SMSF fund and the ATO will prosecute you and you can receive a fine of up to $340 000 or 5 years in jail. I almost passed out.

Here is the link to part of the ATO information page that my accountant sent me. My wife and I have called the ATO and spoken to them about it but I cannot comment any further on that at this stage. But thank you to the advice from this forum.

https://www.ato.gov.au/individuals/super/in-detail/receiving-benefits/illegal-super-schemes---beware-of-offers-to-withdraw-your-super-early/?page=3