Funding Stage 1a PSD, page-4

So I might've been too slow in moving my australian super into a SMSF

I'm probably a couple weeks away from having the rollover happen...

Was planning to get another million shares which is still conservative around 20-25% of my portfolio I don't believe in not having at least 4 - 5 decent prospects in case one goes ass up when your talking super, but I haven't done bad for context I'm 36 years old I'm sitting at about 4 fold the average balance for my age and I can see a way with choosing my own shares to turbocharge that to another level, I see SFG as a long term prospect 5 years + but the return near the end of that I think would be 10 fold plus. However I think the first leg up might be to 30 cents say this year once funding is announced before they make the asx 300 so it was definitely something I want to ride prior to that.
Anyway I'm convinced it's best to manage your own super proactively if you get to where the fees are comparable, I first put all my super into australian and international shares without any selection just trusted the super fund because I figured a 50% GFC crash was a once in a lifetime opportunity which it was. Once they came back up I spent a couple years sitting with 100% cash because I became convinced a new debt deflation crash was due, I'd done well and could afford to sit it never really eventuated because governments have continued to pile on debt but there was a 15-20% pull back a few years back and I saw a stock I wanted to invest in so I've started investing in companies where I see value or a likely change in the supply / demand curve ever since, sometimes like Pilbara Minerals they halved so my timing was out but I averaged down in a share issue and I got out 100% up on that one which still wasn't the peak share price 80 cents versus 1.20 so i short sold myself lol. I am still convinced Lithium has a bright future so riding out the dips and bottom drawer for some stocks without getting emotional is important, SFG is one of those but I completely understand people that have been holding on too long. The Covid pandemic I thought about selling everything at the start when it started to edge down a few percent and procrastinated for a while and by then a week or two had passed and it was too late the market had quite a drop which would've been good if you acted on your gut feeling but you can't predict or ride every dip in the market. When your convinced a company is about to come off with it's plans in the not to distant future though you at least want to get a decent amount onto it which is what I'm aiming for even if it is only 20% of your portfolio if it 4 folds in quick time say under a year you've made 80% for that year, a bloody good return imo. I think SFG has to get finance and building this dry season. It's overdue and the Covid setback to finance is understandable.

Fingers crossed...