Keep your eyes on a super prize
Super is the longest of long-term assets for most Australians, stretching 40 years or more, and financial experts say sticking with a good fund and a good strategy for the long haul is the steadiest path to success.
Last year’s best performer can often be this year’s worst, they say. Similarly, selling out of a poorly-performing fund or investment option â€” as many Australians did during the Global Financial Crisis â€” means you might miss out on the recovery.
The default MySuper funds offered by today’s employers smooth out the risks and returns by spreading members’ money over a wide range of assets….
Read the full article at: http://www.news.com.au/finance/superannuation/super-success-is-slow-but-steady-so-heres-how-to-choose-the-right-fund-and-stick-with-it/news-story/6ad52ca014b782e72a78190b62bb85a1