Superannuation Discussion + market volatility

[CaptJCool]

Investment disclosures

This page provides information on asset allocation, currency exposure and portfolio holdings.

www.csc.gov.au

Well this page shows the Asset allocation of the Fed Govt Comsuper.

They haven’t shown the listed / unlisted splits
Equity for example is
43% listed
10.5% unlisted

That’s nearly 54% of the entire investment

It’s a long term average of 7-9% annual earnings

 

[RSD]

Does anyone know of a superannuation fund which allows you to put your contributions into gold? (the shiny stuff not a mine). With Trump in the White House and what looks like four years of chaos ahead it seems that investing in gold might be sensible!

 

[Quickstatus]

d it seems that investing in gold might be sensible!

Only SMSF. No Superfund allows you to direct it into a specific asset.

"Good time to buy gold" - for the sellers. There are people who would happily sell it to you.

 

[RSD]

Only SMSF. No Superfund allows you to direct it into a specific asset.

"Good time to buy gold" - for the sellers. There are people who would happily sell it to you.

View attachment 429990

I think that gold has a long way to run yet...

 

[Quickstatus]

Sure?

Price of gold in 2016




Historic gold price

 

[QF WP]

Only SMSF. No Superfund allows you to direct it into a specific asset.

"Good time to buy gold" - for the sellers. There are people who would happily sell it to you.

View attachment 429990

Actually, there are some public offer funds that may have gold-only investment options, but finding them a needle in the haystack.

There are certainly ETF’s that are gold only funds.

 

[Freq Flier 2013]

Sure?

Price of gold in 2016

View attachment 429991


Historic gold price

View attachment 429992

This why there is always a buyer for every seller.

 

[Quickstatus]

gold only funds

Though that is slightly different to actual touchy feely gold

historically high gold price mean miners are going to ramp up production.

 

[QF WP]

Now that I'm at work, looking at Lonsec (an investment ratings house to which I subscribe), I can confirm my comment above is correct.

For example, here is a summary of a retail research report that came out on Friday, the fund that may be accessible through the various platforms (this is merely one option and there are more that you should research and consider):

State Street Gold Fund

Recommendation Change: — / APIR: SST4481AU

The Fund has retained its 'Recommended' rating. The Fund represents a cost-effective means of gaining exposure to the gold price without the necessity of holding, trading and storing physical gold bullion. Additionally, the Fund's fees are viewed as very competitive in the gold peer group. However, the Fund has a limited track record having launched in July 2024. Additionally, the feeder fund structure adopted by the Fund has the potential to lead to heightened tracking risk.

Any advice contained in this post is General Advice and does not take into account your objectives, financial situation or needs. Before acting on any General Advice, you should consider whether it is appropriate in light of your particular objectives, financial situation or needs. If the advice related to acquiring a particular financial product, you should obtain and consider the Product Disclosure Statement (PDS) for that product before making any decisions.

 

[JohnK]

I've been quietly watching my little stash grow with work contributions and investments but my heart skipped a beat this morning when I noticed ~2% of my funds disappear into thin air.

The 8%-9% growth the past few years has been nice but cannot afford dips like this one if I'm retiring and taking a pension in 3-4 years.

 

[burmans]

Unfortunately the fund with guaranteed good returns but no volatility just doesn’t exist!

 

[Pushka]

I've been quietly watching my little stash grow with work contributions and investments but my heart skipped a beat this morning when I noticed ~2% of my funds disappear into thin air.

The 8%-9% growth the past few years has been nice but cannot afford dips like this one if I'm retiring and taking a pension in 3-4 years.

That's reality. The AllOrds dipped 2% in last couple of days. No one can say they can afford drops.

Anyone else angry with HESTA right now?

 

[RSD]

That's reality. The AllOrds dipped 2% in last couple of days. No one can say they can afford drops.

Anyone else angry with HESTA right now?

Agreed - probably some more pain to come too until the craziness stops.

What has HESTA gone and done?

 

[Pushka]

Agreed - probably some more pain to come too until the craziness stops.

What has HESTA gone and done?

They are moving their platform in mid April and no one will have any visibility over their superannuation portfolio, nor be able to take out lump sums, for 6 weeks! Those on pension draw down will get three fortnight pays in mid April and then nothing again until it's up and running again. Only found out last Monday. The Ombudsman is taking enquires about it.

 

[RSD]

They are moving their platform in mid April and no one will have any visibility over their superannuation portfolio, nor be able to take out lump sums, for 6 weeks! Those on pension draw down will get three fortnight pays in mid April and then nothing again until it's up and running again. Only found out last Monday. The Ombudsman is taking enquires about it.

It sounds like the Qantas IT team have side jobs!

 

[Quickstatus]

The 8%-9% growth the past few years

You need to average it over 10years or more to smooth out the volatility .

 

[JohnK]

You need to average it over 10years or more to smooth out the volatility .

I may not have 10 years but point taken.

 

[Pushka]

I may not have 10 years but point taken.

You have 10 past years which is what @Quickstatus is referring to.

 

[CaptJCool]

Age pension is growing at snails pace

 

[Quickstatus]

Age pension is growing at snails pace

Anyone over 150yrs?. Apparently there are a few over in the US?

Ideally if Superannuation is successful as a pension replacement, then the peak numbers should be reducing and also shifting toward the later age groups. Are you seeing this trend?