er6n, no I'm not suggesting anyone pours 100% of their money...

er6n, no I'm not suggesting anyone pours 100% of their money into anything right now. Certainly not stock trading near all time highs.

And that's exactly my point - pouring 100% (or even the Lion's share) of super into any one stock is extremely risky no matter what the stock & no matter when you do it.

To each his/her own - I certainly wouldn't want all my super pinned to a volatile mid cap.

Taxation implications alone are a good reason to have a large chunk of super generating FF yield (income) as opposed to hoping that one day the AGO ship comes in and then paying a massive chunk of CGT.