Home | Log in | Join Now! | Blog | Contact    Subscribe to the InvestEd Blog via RSS
InvestEd :: Wealth Education for Australian Investors




Welcome to InvestEd.

You are currently viewing our site as a guest which gives you limited access to view most discussions, articles and other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload your own photos and access many other special features. Registration is fast, simple and absolutely free so please:


If you have any problems with the registration process or your account login, please contact support.

Super crash

 
LinkBack Thread Tools
Old 13-08-2008, 08:50 PM   #31 (permalink)
BV
Member
 
Posts: 994
Join Date: Jul 2007
Location: Sydney, NSW
Quote:
Originally Posted by voigtstr View Post
My super is down 25.39% since May last year.
Voigtstr

I am surprised it dropped by this much.
Which super company are you with and what plan were you on?
I am with Australian Super and only their 100% share funds lost over 10%

Cheers
__________________
Bill

Information posted here is given in good faith. If in doubt do your own research and get professional advice.
BV is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
   
 
Hide these adverts with a Free Membership
Old 14-08-2008, 02:28 PM   #32 (permalink)
voigtstr
Member
 
voigtstr's Avatar
 
Posts: 609
Join Date: Jan 2007
Location: Hobart
Quote:
Originally Posted by BV View Post
Voigtstr

I am surprised it dropped by this much.
Which super company are you with and what plan were you on?
I am with Australian Super and only their 100% share funds lost over 10%

Cheers
Asteron Wealth Solutions (via work)

Got out of the balanced plans because they werent aggresive enough and I have 25 years until retirement.

The funds that the super invests in are:

Colonial First State Geared Share Fund
Colonial First State Ws Prop Sec Fund
GMO Australian Small Companies Trust
Platinum Asia Fund
voigtstr is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 14-08-2008, 02:56 PM   #33 (permalink)
BV
Member
 
Posts: 994
Join Date: Jul 2007
Location: Sydney, NSW
Voigtstr

I see...
I don't have 25 years, in fact I want to retire yesterday...

Cheers
__________________
Bill

Information posted here is given in good faith. If in doubt do your own research and get professional advice.
BV is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 14-08-2008, 02:58 PM   #34 (permalink)
voigtstr
Member
 
voigtstr's Avatar
 
Posts: 609
Join Date: Jan 2007
Location: Hobart
Quote:
Originally Posted by BV View Post
Voigtstr

I see...
I don't have 25 years, in fact I want to retire yesterday...

Cheers
reasonable fund choices though if I'm looking for aggressive growth?
voigtstr is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 14-08-2008, 03:29 PM   #35 (permalink)
BV
Member
 
Posts: 994
Join Date: Jul 2007
Location: Sydney, NSW
Quote:
Originally Posted by voigtstr View Post
reasonable fund choices though if I'm looking for aggressive growth?
not bad, but you could lose a lot of money in this climate...
__________________
Bill

Information posted here is given in good faith. If in doubt do your own research and get professional advice.
BV is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 14-08-2008, 05:19 PM   #36 (permalink)
voigtstr
Member
 
voigtstr's Avatar
 
Posts: 609
Join Date: Jan 2007
Location: Hobart
Quote:
Originally Posted by BV View Post
not bad, but you could lose a lot of money in this climate...
I'll see where it is in 10 years. As a hobby (and to have a reasonable feel for what the markets are doing) I'm grabbing the unit prices daily and adding them to a spreadsheet.
voigtstr is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 14-08-2008, 10:51 PM   #37 (permalink)
voigtstr
Member
 
voigtstr's Avatar
 
Posts: 609
Join Date: Jan 2007
Location: Hobart
An update from my spreadsheet. For today (which is a lag of two days as far as I can tell) I'm down 20.9%, on 7/8/08 I was down 25.09% Platnum Asia is almost back to 0%
voigtstr is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 14-08-2008, 11:43 PM   #38 (permalink)
BV
Member
 
Posts: 994
Join Date: Jul 2007
Location: Sydney, NSW
Quote:
Originally Posted by voigtstr View Post
Platnum Asia is almost back to 0%
That's great, but is it a true recovery?
does our $ value have something to do with it?

Cheers
__________________
Bill

Information posted here is given in good faith. If in doubt do your own research and get professional advice.
BV is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 15-08-2008, 08:31 AM   #39 (permalink)
crc_error
The Rule of 72
 
Posts: 1,351
Join Date: May 2007
Location: Melbourne, VIC
Quote:
Originally Posted by BV View Post
That's great, but is it a true recovery?
does our $ value have something to do with it?

Cheers
our dollar is weaker against the US dollar, and thats it.. so it shouldn't affect Asian/european investments. Correct me if I'm wrong?
crc_error is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 15-08-2008, 08:51 AM   #40 (permalink)
Tropo
Member
 
Posts: 1,910
Join Date: Aug 2005
Location: NSW
Quote:
Originally Posted by crc_error View Post
our dollar is weaker against the US dollar, and thats it.. so it shouldn't affect Asian/european investments. Correct me if I'm wrong?
You are wrong.
In relation to USD, EUR and GBP is also down (JPY and CHF is up).
Tropo is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply


Thread Tools

Similar Threads
Thread Thread Starter Forum Replies Last Post
Best Way to put Navra units/warrants in super ? seaview Super and Personal Insurance 21 17-04-2008 06:33 PM
Industry Super vs Super Wraps/Master Trusts vs SMSF JIT Super and Personal Insurance 2 23-12-2007 05:56 PM
tax benefit for >55 in super handyandy Super and Personal Insurance 7 16-10-2007 09:58 PM
Not so super Super SA FillKa Super and Personal Insurance 7 15-06-2007 10:20 AM
Super strategy NickM Super and Personal Insurance 0 22-02-2007 08:28 PM


All times are GMT +10. The time now is 04:14 PM.

Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.0.0
Some graphics originally by vBStyles.com

Copyright © 2006 Investor Education Pty Ltd (ACN 114 677 226)
Site by Hampel Group