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After the GFC in 2008 I put my super money in capital guaranteed with Aussie super.
I think I've done better than having it exposed to the share market.
Shares are dangerous - they lull you into a false sense of false security
as they slowly build up in price over years but then -
in a few days they can go down 40% in value wiping out all the dividends you've collected.
I don't like the way that Super funds charge fees every year
even though the money is just in the bank -
it's money for nothing - daylight robbery &
there's nothing we can do about it.
I am sure that if I didn't keep contributing to super that my account balance would go down over time.
It would be safer under the mattress.
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