84 billion lost in superfunds perfect storm, page-2

  1. 11,223 Posts.
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    no denying things are not great but

    Must super funds would only be back to the value they were 18 months

    which is still up on where they were 4 plus years ago, excluding contributions made over that period.

    And super fund values are calculated on realised and unrealised gains on investments.

    So much of what is lost is paper profit only

    As I said things are not great but it is not quite the doom and gloom the media would have us believe.

    Unless you are a fund manager of course, relying on year after year gains so you get your bonus payment
 
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