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  1. BayView

    Super who thinks they'll get it?

    No; my worry is the use of the money, and the ability to recoup it when you are eligle when it matures. Me, and many others, have the sneaky suspicion that there will be an empty money box when we want to go shopping.
  2. BayView

    Super who thinks they'll get it?

    My investment choices will only ever have income streams attached to them SF. I want to replace my income with passive income asap. Gold won't do it, and I'd rather be putting any spare funds and profits back into my investments and business. Unless I can borrow from it's value to buy other...
  3. BayView

    Super who thinks they'll get it?

    For me, the whole mindset will be about control. With the SMSF, I get to pick the vehicles I put the funds into for a start, I can borrow what is there to buy other assets. Effectively taking the funds away from anyone (Gubbmint) who wants to utilise (borrow) our super funds for other uses.
  4. BayView

    Super who thinks they'll get it?

    I must make a disclaimer here. I am the most cynical person on the planet that I know. I trust no-one. I dislike most humans because many humans are dishonest and deceitful. I expect everyone in any business transaction to try and rip me off. I dislike politicians - anyone in a suit...
  5. BayView

    Super who thinks they'll get it?

    I am not worried they will take the money - I am 100% certain they will when they finally run out of options to fund our welfare bill. SF says they will return it to us via dividends of some sort. I hope he's right. I only contribute the absolute bare minimum to super...begrudgingly. :( You...
  6. BayView

    Super who thinks they'll get it?

    Assuming there isn't a stock market crash 3 minutes before my super becomes mature and I can withdraw some of it. Imagine the poor bar-stewards who retired 6 months after the GFC began. I prefer to hedge my bet on it and put my trust in my ability to invest in other assets and take gains and...
  7. BayView

    Super who thinks they'll get it?

    I had a conversation with my accountant about this very thing 2 weeks ago as part of our end of financial year tax planning strategies meeting (sounds very corporate, hey? ;)). He was suggesting starting one up, and was hinting at buying some form of managed fund type product as the vehicle for...
  8. BayView

    Super who thinks they'll get it?

    No news to me at all. I've been of the opinion for a very long time that the Gubbmint will eventually find a way to scoop that pool for some other purpose they have in mind. This is the very reason I reckon super is a dud investment. Yeah; it's got tax advantages, but it's locked in and...
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