Let’s look
at recent graphs that do tell a different story to what is promoted by the big
guys.
Remember the
big guys are big because they tell the big white lies.
And this is the result
i.e. a difference of 4%p.a. over 10 years compound makes a big difference.
When we
calculate what 100,000 will grow to at 9% over 10 years we get 236,736
At 5% we
get 162,889
A
big difference of 73,847
That is the emotional cost of investing as
shown by research & data & there is plenty out there in Google land .
All those
little white lies told by self interested others that investing is easy & why not have your own SMSF as you can do better.
As the Tui would
say ‘Yeah right’.
In fact there
is a literature
on this subject.
We listened
yesterday to Vince a professional fund manager with a company that manages 30B.
He has been such for 20 years. He strongly
disliked Australian banks as they were too dear & too highly leveraged. He hasn’t
been in Telstra for 10 years. What have all the SMSF invested in????.
Do you
really want to be a SMSF
trustee??
As we are
only a small guy with our name that we don’t want to lose then as others do
call us on
07 3848 1088 or
email us or visit our websites.
We believe that
we can generate significant financial certainty for you throughout our
relationship & importantly add substantial value to ensuring you achieve
all that is important & valuable to you as you have articulated to us.’
John McAuliffe
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