Wouldn't you be better off in a fund which had low returns now but
had better performance later?
Q.
I don't understand why people make a fuss over the performance
of their superannuation fund. If you have many years before you
retire, a rise in your fund means you are buying additional units
at a higher price. Wouldn't you be better off in a fund which had
low returns now but had better performance later?
A.
I agree with you absolutely. This is why it is important to keep
up your salary sacrificed contributions when the market is having a
downturn.
Each week financial advisor Noel Whittaker answers your
questions.
