build your super and see less or no pension, page-21

  1. 2,858 Posts.
    Lousy market, what you have done about it? Sally_Will.It is for past four years...Yes, I am moving money around , since February 2011 I am not even 10 % in ASX. Only reason for past 12 years for this "extra" work with SMSF is to protect my capital. Instead of passively watching and wondering,or getting annual letter from fund manager : In regards of negative growth... and instead of praising , that I am not losing , I am getting additional 15 % tax PLUS GST and big bill for administration.( These profits are already in super environment which I am not able to use anyway before retirement).This is only complain , nothing to do with market sentiment as you try to put words into my mouth.

    PS:
    I am "only" 59.




 
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