Even more important, don’t panic, sell everything /move to cash and crystalize the losses. Super is a long term investment and the losses are always followed (eventually) by gains, if you are out of the market when that happens and have to buy back in when it is more expensive you lose even more. And if the situation is worse than that and the world as we know it is actually ending your super balance won’t matter anyway.
Do NOT look at your super account. Not that you’re supposed to anyway.
Even more important, don’t panic, sell everything /move to cash and crystalize the losses. Super is a long term investment and the losses are always followed (eventually) by gains, if you are out of the market when that happens and have to buy back in when it is more expensive you lose even more. And if the situation is worse than that and the world as we know it is actually ending your super balance won’t matter anyway.
Is it buy the dip time?
Nah, it’s time to put it all in crypto. I’ve moved all my investments into Trump coins and I’m going to be rich any minute now.
Sometimes you can catch a falling knife by the handle.
Ah you’re an optimist I see