If you had 40K Superannuation today - what would YOU do ???

C

cashgoldsilver

New Member
R.E. above :P

I can access it today - or I can just leave it for another 12 months or even longer.

Thanks in advance for your valued - non binding - opinions.

CGS :D
 
ReInvest with a one of the more successful funds.
There was an article in the AFR that had a list of the better superfunds in 2014 and iglad to read that mine was in the 6 or so mentioned. Ill look them up and post later.
 
I'm in the same age/situation as you. I would take it out now and immediately buy silver kilo or 10oz bars from a local dealer. Someone who will buy their own product back off you if you are in a jam.

The way the government changes the rules, I'd do it sooner rather than later.
 
Pay off the house or buy a hundred or so sovs or quarters to spend as required.
 
cashgoldsilver said:
R.E. above :P

I can access it today - or I can just leave it for another 12 months or even longer.

Thanks in advance for your valued - non binding - opinions.

CGS :D
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You are old !!! i would spend it on fibre rich foods & sanitary napkins :p:

Dont you laugh sammy !! you need to cash in some of your 50's for some adult nappies & metamucil aswell :lol:

But seriously .If you dont need it roll it over .If you want to spend some have some fun & do what makes you smile .

Maybe a little cashflow business to keep you active in your retirement & get some small returns . Game machines ? breathalysers in pubs ?ride on elephants? I know a few are laughing now but i have an old mate that done that when he retired to give him something to do & not only did he have something to do a couple of days a week he made quite a few bucks doing it .

A few words of advice from someone who tried to retire early . It gets boring after a while . All the things you love doing wear thin after you do it long enough .....Good luck
 
sammysilver said:
I'm in the same age/situation as you. I would take it out now and immediately buy silver kilo or 10oz bars from a local dealer. Someone who will buy their own product back off you if you are in a jam.

The way the government changes the rules, I'd do it sooner rather than later.
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and if you had have done that in 2011, 2012 or 2013 you would be well well behind

I would buy RE or put into a blue chip share that pays a good dividend.
 
renovator said:
A few words of advice from someone who tried to retire early . It gets boring after a while . All the things you love doing wear thin after you do it long enough .....Good luck
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Have to agree.
 
Since you have no debt....

I would do either of the following or a combination of both.

1) transfer the $40K into a cash portfolio if you don't need the cash straight away......as I believe the share market is in for a very bumpy ride this year

2) purchase some precious metals as mentioned by previous members.......combination of both gold and silver ( 1oz gold - low premium and 10oz or 1kg silver bars )

Please note that I'm not a financial advisor, so what I have stated above is my own personal opinion and what I would do if in a similar position.
 
Caput Lupinum said:
hookers and blow
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Errrrrrrrr ......... how do you blow a hooker ?
Thought they went out when hash became out of favour !

:) ;)
 
JulieW said:
Pay off the house
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If you haven't paid off the house by the time you can take your super out, then you've done something horribly wrong.
I assume the OP has just hit retirement age?
 
Grow snail's, cheap start up and ready market for consumption. Anything but leaving it with the holders of it
 
SilverDJ said:
JulieW said:
Pay off the house
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If you haven't paid off the house by the time you can take your super out, then you've done something horribly wrong.
I assume the OP has just hit retirement age?
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In that case I know a few people who've done horribly wrong things.
 
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