Hi all ,
Great forum..glad I found it.
The media (rightly or wrongly) is giving the impression that with the $1,000,000 June 30th deadline looming, a lot of baby boomers are ploughing in as much cash as possible into their superfunds.
Just wondering how much you attribute the ASX's perfromance, this tax year, to these investments in Super.
on July 1st, what are the expectations for a withdrawal of these cash investments, thereby resulting a market fall ?