Hi David, there are many lists, but I would take them all with a grain of salt. It is rare for a super fund to be best performing on a consistent basis, but much easier to be best performing in any one year or on a conveniently selected time period.
I like your content very much. I have a question, how do they group the funds among themselves when they make this evaluation? How can I access this information?
Try getting money out of CBUS they won’t recognise power of attorney had to pay for my partner’s health care 18 months later we moved to another fund who would I also moved mine out as well
Hi Chris, Thanks for posting all these videos. Great info. As shown in your list and as you mentioned the underperformance of a given Fund maybe limited to certain investment options in the fund whereas other options can be performing as expected or better. How do you find out which if the fund options are underperforming? Do you have a list for of these options? Cheers
Hi Chris, Do you have a video with the following scenario. Unable to work due to illness, TPD paid into super and Lump sum v's Income stream? Thanks Paul
Hi Paul, no net yet. There are a number of things to consider in relation to this comparison (age, tax components, objectives, other sources of income, etc.). I would strongly suggest obtaining personal financial advice.
All these comparisons and investment choices sound reasonable until the next inevitable market crash whose timing nobody can predict with any accuracy. Good luck all, YOU wear all the market risk and pay handsome fees to the funds to "manage" and sometimes lose your money for you. You will be contributing to the around $30 billion dollars annual cost of running the Super system in Australia. You need wonder no longer where the money comes from to pay for all those residential palaces, Ferraris and private jets and why you will retire poor.
my biggest annoyance with Australian super funds is none of them allow you to direct your money into MOAT shares during unstable times. You are forced into bonds, cash and low performing "safe" [sic] stocks. I have my own MOAT investment that I run on the side, and it is slaughtering my super funds "stable" investment returns right now.
Hi Richard, an SMSF provides a higher degree of investment flexibility. Read more here www.superguy.com.au/smsf/what-is-a-self-managed-super-fund/ or check out my SMSF videos.
