watso has no real idea about superannuation - just that he had money in super.. but today watso got a cheque from the ATO for a few hundred thousand - which was the super.
watso has heard of roll overs, annuities - but vaguely thought he might just leave things as they were - ie leave the money in the account as the returns seemed to be pretty good.
watso vaguely thought that he had to do something with his super - but got a cheque instead... ok watso has heard of double dipping - ie spend the super, but watso is too frugal just to spend money for the heck of it - anyway watso is not interested in the pension.
maybe watso will have to find some stocks to invest in - as the bank deposit rates are pretty low - and with possible bail ins and negative interest rates on the horizon, then money in the bank is not really an option - and with the proposed cash ban thingy - then stacks of cash to feed the silverfish and moths is also not an option
