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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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15260522 No.15260522 [Reply] [Original]

No superannuation fund offers gold as an option so how the fuck am I supposed to preserve my super when the habbening hits?

I could go cash but the AUD is going to tank to 0.50 so that isn't going to work.

SMSF isn't an option.

>> No.15260548

>>15260522
was thinking the same not long ago, i would just choose the least aggressive investment model they have
or if you're self-investing then there are other stocks that survive in recessions; cheap stores etc.

>> No.15260552

>>15260522
Are we really going to 50 cents? Fuck, how long?

>> No.15260576

>>15260522
As much as I love gold, I don’t see why you would bet against the economy unless we go into a 30 year bear mode. I wonder if swapping over to agri might be a better alt?

>> No.15260608

>>15260522
ANy you can have gold, but u need self managed super

>> No.15260649

>>15260576
>I don’t see why you would bet against the economy

give this a read lad and see how optimistic you are

https://medium.com/@matt_11659/matt-barrie-australias-economy-is-a-house-of-cards-6877adb3fb2f

>> No.15260658

>>15260522
Why the fuck don't you have a self-managed super fund?

>> No.15261119

>>15260649
Good read still got a lot, bit scared. My problem with super in gold are mostly made up of etf. I’m not sure this will protect us if global crisis happen.

>> No.15261170
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15261170

God I fucking hope this country crashes hard and soon. The worse the better. Boomers will be roping in the streets as property dumps. Hopefully the youth will wake up enough to get angry at the chink, poo and nigger invasion too. Country needs a HARD reset. This nation was founded on the spirit of white nationalism and it will return to it or so help me god.

>> No.15261207
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15261207

>>15261170
PS I plan to personally lead the death squad that handles journalists, can't fucking wait.

>> No.15261209

>>15261170
This desu senpai

>> No.15261378

Well, the old Jew, Frank Lowy, has already taken flight to Israel to live at the end of 2018. Makes ya think.

>> No.15261382

>>15261170
Oddly enough if you read the article linked it actually the Chinese saving our arses. Now that they at a down turn with trump trying to kill them to speed thing upbthis will definitely effect us greatly.