Club Mulgoa

Saturday, October 20, 2012

Super back to preGFC value

Maybe you shouldn't read my blog!  My super valuation is still below my 2007 level.  But I don't know how the valuations are calculated.  The Australian reported that super funds are back to preGFC valuation.  I have sold off massive losses and I have also made massive gains.  But overall, because I invested in 'funny' stocks, I don't expect to outperform.

What I dare say is that if I didn't continue to invest during the doldrums, my average buy prices would have been higher.  Some of the best gains have been due to contrarian moves.

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