Chapter 14
Exploring the World of Super Investing
In This Chapter
Dissecting the Global Financial Crisis in Australia
Loving your strengths and tolerating your limitations
Fully understanding the risk and return relationship of investing
Comparing the different asset classes
Deciding whether to use managed funds, and/or wraps
I nvesting your self-managed super fund (SMSF) savings is the serious end of your retirement planning. Deciding where, and what, you’re going to invest in can be exhilarating, hair-raising, mundane, depressing and deeply satisfying — all at the same time!
When investing for the long term you need to keep one eye on what’s happening today, and one eye on the future — and I mean both the long-term and medium-term future. The economic malaise that hits the investment markets during a market downturn eventually passes, and a robust investment portfolio needs to survive to thrive another day.
In this chapter, I provide a snapshot of one of the worst-case scenarios ...
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