Convert to Cash?

Discussion in 'Superannuation, SMSF & Personal Insurance' started by Ric__, 13th Aug, 2012.

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  1. Ric__

    Ric__ New Member

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    1st Jul, 2015
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    Location:
    Perth
    Hi - I'm 59, intend retiring 65 from C'wealth Government after 35 yrs in CSS.
    I'm contemplating converting to the cash investment option for my final years. I would hate to see my lump sum erode any more.

    Sensible move on my behalf ? Tks Ric
     
    Ric__, 13th Aug, 2012
    #1
  2. Waimate01

    Waimate01 Well-Known Member

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    1st Jul, 2015
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    Sydney
    Folks here aren't allowed to give investment advice, but in the worlds of Homer Simpson, "buy high, sell low, whoo hoo!". Choose your role models judiciously :)
     
    Waimate01, 13th Aug, 2012
    #2
  3. Superman__

    Superman__ Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
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    Location:
    Gold Coast, QLD
    Seek investment advice - your superannuation fund should be able to give you some basic advice.

    There may be other investment options that can ensure your capital is preserved while still providing a decent investment return.
     
    Superman__, 10th Sep, 2012
    #3