SMH
·general
·4 hours ago
‘Stay the course’: Panic selling your super could leave you $50k poorer
Workers have been advised to maintain their superannuation investments despite market volatility linked to geopolitical tensions. Analysts warn that switching to cash during downturns could leave investors significantly poorer, with one study indicating a potential $50,000 loss for a $100,000 balance over five years. Staying the course can mitigate risks associated with emotional financial decisions.
Summary by Glance · SMH
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