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Showing posts from March, 2016

Markets are going up! What does this mean for my super?

On January 13 this year I wrote a post The markets are down! What’s going to happen to my super? What do I do? And here we are a little over 2 months later and the contrast could not be greater.  Welcome to the world of investing!
So what do all these numbers mean and how does it impact on my super? Well, for the majority of people, their superannuation has some level of exposure to Australian stock markets.  To get an idea of how the market is performing, you can simply follow one of the indices such as the All Ordinaries Index or ASX 200. 
Without getting too technical, these are a basic measure of how the majority of the companies on the Australian stock exchange perform on average on any given day.  Normally reported on the news at night you’ll hear statements like” the All Ords went up half a percent today”.
On Feb 12 this year the All Ordinaries sat at around 4800 points.  It’s currently sitting at 5240 points which means an increase of around 9%.  That’s an annualised return (i.e.…

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