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You do realise anything less than 100k makes an SMSF less...

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PlasmaTrader

75 Posts.

1

25/01/18

17:08

Post #: 30576340
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Originally posted by Phitte ↑

> hell a lot would be struggling to beat a term deposit,
This is objectively wrong.

>after it totally rapes the price down what? 30%???

In the short term? Again superfunds have a long term view.

>And do I have a choice NOT to participate? No. Therefore we are forced.

You can have a self managed super fund, your not forced to give your money to anyone.

>you say "sell" but you also "hold"

The stock is over valued on fundamentals so my sentiment is sell, (I sold the majority of my holdings at 4$ which you can see in the other thread). I still hold a small position as a hedge.

You seem to talk this all very personally.

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You do realise anything less than 100k makes an SMSF less beneficial. So most people don't have a choice.

Not sure where personal is coming in. We are all friends here. Although I'm just a stupid sucker right

GXY Price at posting: $3.48 Sentiment: Buy Disclosure: Held
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