An interesting thread.
As an ordinary bloke (No SMSF) with just a regular super account, it does make me weary of the default ’balanced’ option at this point in time.
Main components of the balanced option are:
Shares (now late in the cycle)
Fixed Interest (10 yr bond rate seems to be on the way up, meaning bond prices likely to go lower)
Property (see discussion above)
Not particularly encouraging in my view.[/QUOTE
Depends what is meant by property, is it listed or unlisted. In a Super industry type fund, more often listed REITs.
Listed REITs, both local and global, fell by as much as 60%, in some cases more, in the GFC whereas unlisted commercial property fell by much much less.
In fact the Australian Unity Healthcare property trust, since I entered in 2004, has never had a negative year.
Expand
