How To Stay Calm About Your Super In A Volatile Market

📆 9/14/2024 4:56 PM
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Finance News

Superannuation,Investment,Volatility

This article provides advice on how to manage your superannuation fund amidst market volatility. It emphasizes the importance of diversification, understanding risk tolerance, and avoiding panic selling during downturns.

, a free weekly newsletter giving expert tips on how to save, invest and make the most of your money, is sent every Sunday. You’re reading an excerpt −Since the beginning of the financial year, the sharemarket has alternately taken off then tanked, not just dramatically but almost daily.Well, by the 3.

If your fund hit and exceeded these returns, it’s steered you successfully through some challenging waters. It’s far too easy to sell at the bottom of an investment cycle and it’s virtually impossible to pick when that cycle is about to turn around … and buy in time.

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Source: FinancialReview - 🏆 2. / 90 Read more »