I was wondering if anyone could provide any insight:
I had 82K in super, put in approx 8K over the year, got taxed 1.5K and LOST 7.5K investing 100% in Australian shares with AustralianSuper. Less fees etc so I now have approx 80K.
LOST 7.5K!! I thought that our market was stable? I thought our economy was doing ok - treading water, but ok? I don't get it. This is the same return as when the GFC occurred two years ago.
Can anyone explain it to me, please?