Superannuation funds are experiencing large volumes of investors switching their portfolios to cash.
There is a huge temptation to switch your portfolio or superannuation savings to a ‘safer’ option in times of turmoil.
With history as our guide, this has always proven to be a poor choice and it creates a decision making chain.
These investors didn’t see the top of the market, so they’re unlikely to find the bottom.
This article is for informational purposes only and the information contained is of a general nature and may not be relevant to your particular circumstances. The circumstances of each investor are different, and you should seek advice from a professional financial adviser who can consider if particular strategies and products are right for you. In all instances where information is based on historical performance, it is important to understand this is not a reliable indicator of future performance. You should not rely on any material on this website to make investment decisions and should seek professional advice.
Foundation Wealth Planners ABN 84 612 059 622 is an Authorised Representative No. 1242404 and Credit Representative No. 488134 of FYG Planners Pty Ltd, AFSL/ACL No. 224543 ABN 55 094 972 540
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