As you know I tell it as it is. Basically, nobody knows when this current volatility will end. It feels like about 9 on the Richter scale! You are 42, just slightly younger than myself and I have not changed my asset allocation. For your information, the money in my superannuation fund has been invested in Australian and international shares.

So to answer your question, if the money is invested for the long term, then it doesn’t really matter what it’s value is today. The way I see it, I am not planning to retire until at least my 60’s and will continue to have it invested in growth assets, simply because I am hoping to live until my 90’s. That means, everything I save until I retire, will then have to last at least 30 years. And to put a positive spin on it, I am also hoping that my regular contributions are buying bargain basement assets at the moment.

These are scary times, and nobody really knows what the future holds. Just keep researching and seek advice and the only way to manage all of this is to keep improving your knowledge. That way, you will be able to decipher all the ‘crap’ that sometimes comes out of so called investment professionals.

Cheers Josie

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