Eyez just dropped 10 g in super for when i get old,i never asked any one to take it they just fkn took it,,why as a young man cant i put that to good use without the guverment deciding whats best for me.fk um that 50 g they stole from i want back ,but they spent it on me future when i get old!eyez my own man,and i look out for my own future,i dont need no fkn guverment makin bad moves and gambling my hard earned green,i want my super salin fund Now not when i am 6fkn5

I think you'll find it's the fund managers who decide what part of the stockmarket your funds are invested in, not the government. If I recall correctly you once had to use the super fund chosen by your employer, and whether you had any say in it was between you and your employer, but I believe it is now your choice which fund you contribute to. Can anyone back me up on this?

I would guess that no matter how good your fund manager is though, or how conservative the investment plan is you had chosen, it would be very hard not to lose money given that the entire world economy is in turmoil.

as wormy says, it will be back.

also agree greenpat. we choose where our money gets invested.

i am a littled pissed with my fund manager though as i asked my super to be tranferred from high risk to cash about 6 months back. my fund manager spent 15 minutes explaining to me how i hadn't quite got how the whole thing works and that i should stay where i was. so i took his "expert" advice and stayed put. if i had of switched, i would now be transferring everything back into stocks.

i'll be changing funds manager pretty soon.

looking at the imf graph of USA mortgages you could say we will see another dip "down trend" between 2010 & 2011 or that's the theory anyways.

Gestalt said...

as wormy says, it will be back.

also agree greenpat. we choose where our money gets invested.

i am a littled pissed with my fund manager though as i asked my super to be tranferred from high risk to cash about 6 months back. my fund manager spent 15 minutes explaining to me how i hadn't quite got how the whole thing works and that i should stay where i was. so i took his "expert" advice and stayed put. if i had of switched, i would now be transferring everything back into stocks.

i'll be changing funds manager pretty soon.

looking at the imf graph of USA mortgages you could say we will see another dip "down trend" between 2010 & 2011 or that's the theory anyways.

he doesn't make as much money when his clients are sitting on cash, he's gambling with other peoples money and grabbing a chunk of the winnings normally. I would go sleep with his wife if i was you

Gestalt said...

what if she is skanky

No, no. His newer wife.

GreenPat said...

I think you'll find it's the fund managers who decide what part of the stockmarket your funds are invested in, not the government. If I recall correctly you once had to use the super fund chosen by your employer, and whether you had any say in it was between you and your employer, but I believe it is now your choice which fund you contribute to. Can anyone back me up on this?

I would guess that no matter how good your fund manager is though, or how conservative the investment plan is you had chosen, it would be very hard not to lose money given that the entire world economy is in turmoil.

oh yeah.
you should be able to choose which ever fund you like, but some employers agrue the case..... i am not sure what is the G.O.

But also within your superfund YOU should have the right to nominate where your funds are allocated.

I also wnated to change my super funds from 90% shares to 90% gold about 8 months ago....F'in spewin i listened to my Super manager.

MY SECOND BEST SUPER TIP OF THE DAY.

INVEST IN THE WORST PERFORMING MARKET FROM THE PREVIOUS 12-18 MONTHS.

calculations have shown a big increase between investing in the worst market and the best one....which makes alot of sense if you think about it too much......... which i have..... obviously!

(this doesn't mean changing funds!!!....what i mean is, your super manager should give YOU the option of several investment types like, Aussie shares, Int. shares, realestate, cash. gold, etc etc. you can choose an allocation as a percentage of each of these or go with a pre selected one that they would call things like; growth, stable, capital stable, equity etc etc..... younger people should get into equity or Growth (Growth-plus) and older people should look at cash, stable and less risky options)


I am not a investment specialist and will not accept liabilty for your stupid decisions basedf on super in a weather forum. However...... get into shares!!!.

Harrow said...

Hey, don't forget, this is probably one of the few sports you can still do when you are 60. So just think about all that new gear you will be able to buy on your retirement day!

You can also do it on a budget (once you have the gear!)

I pay $100 per day to ski in crap Aus snow. Imagine paying that to sail in 10-15 knots per day.

I am trying the "Egyptian swimmer" approch. (in de nile).....

Secondly, On a Bear market, You could forward sell shares and then buy them at lower prices which makes you money! but that takes B.A.L.L.S!!! especially with contracts for difference where the real money is.

That's short selling and that's currently illegal. Hedge funds have been manipulating the stock market for years, making it very difficult for small time investors.