18 Year Time Horizon - Buy or Not, page-14

Thanks all for your thoughts...again this isn't something I would do ordinarily because I am very gun shy with investing after being wiped out in the GFC...but having the possibility to do it simply and easily within super is what makes it appealing. I assume any capital gains tax within super would be more favourably treated also.

WPL is a good stock but I feel the STP recovery prospect is more compelling at the moment. I had good success with Macquarie bank a few years back. It had completely fallen out of favour and share price was hammered. I bought it purely on the basis of the share price graph and its reputation and being "too big to fail". I made a lot of money on that (it was around the 2005 to 2007 period) and I think Santos is kind of in the same boat now.

I took all the money from that Macquarie Investment and put it into Pan Australian Resources (I was working on the project and had good insight) at 12 cents. I also margin loaned into it heavily and rode it all the way up to close to $1. Then the GFC hit and I lost it all!! (There was a rebound in mining shortly after the initial drop and then the huge fall...it was investing on the rebound that killed me...if I had not been greedy then I may not even be working now).