Super returns up slightly to 12.8pctBY ALEX DUNNIN | FRIDAY, 4 APR 2014 10:20AMThe SelectingSuper Workplace rolling 12 month default option index recovered slightly during February to return 12.8% up from 12.5% at end January albeit this is still sharply down from December's 16.1%. Related News |
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Jason Huljich
JOINT CHIEF EXECUTIVE OFFICER
CENTURIA CAPITAL LIMITED
CENTURIA CAPITAL LIMITED
A single decision can change your life, and that's exactly what Centuria Capital joint chief executive Jason Huljich learned when he came to Australia in the 1990s. Eliza Bavin writes.
Once we stop deluding ourselves that share price increases (ie windfall 'paper' profits) are investment returns, we might start to get somewhere in Australia's having a decent retirement incomes policy. The 2008-09 GFC - from which share-prices have yet to fully recover - surely demonstrated this fact.
Dividend receipts, interest earnings, rental incomes and REALISED capital gains are the only real investment returns.
Share-price changes are merely 'on paper' and delusional and, at best, a speculative approach to retirement income planning.
Time we woke up, Australia!