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aimone

53,890 Posts.

60

10/01/15

15:39

Post #: 14564328
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Originally posted by aimone ↑

'Your right regarding the responsibility that comes with managing your own super. Like you mentioned, imagine losing your wealth to a poor judgement. For example, the 2009 GFC and selling at the bottom? Anyhow, so far "AustralianSuper" seem pretty cool.I will have to review their costs. I found it good because I can put half into overseas markets and the other half you can actually just sit and wait until another big correction in the ASX200 and just pick good quality stocks over the duration of ones working life.'

imo the next gfc will be like the 'japanese asset price bubble' bursting!

http://en.wikipedia.org/wiki/Japanese_asset_price_bubble

https://www.google.com.au/search?q=japanese asset price bubble&espv=2&biw=1366&bih=667&tbm=isch&tbo=u&source=univ&sa=X&ei=PKuwVMKIOqHHmAWBxoKoCQ&ved=0CDUQsAQ&dpr=1

that's why i stick with mainly quants precious metals uranium gbp

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... and it is likely to start before the end of the decade, with euro issues coming to a head, growth issues in china and the sharemarket bull turning into a bear!
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