The Age
·general
·3 hours ago
‘Stay the course’: Panic selling your super could leave you $50k poorer
Workers have been urged to maintain their superannuation investments despite recent market turmoil caused by the Iran war. Analysts warn that emotional reactions can lead to significant long-term losses, with switching to cash possibly leaving a $100,000 balance about $50,000 poorer over five years. Staying invested allows super funds to recover from short-term declines.
Summary by Glance · The Age
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