Super Do's and Don'ts
DO think carefully before making any sudden investment decisions or changes. During periods of market uncertainty, the best option for most people is to ‘hold their nerve’. DO focus on strong historical performance rather than short term setbacks.
DO take the opportunity to consolidate your super accounts into one account. You will reduce your fees and make your super easier to monitor.
DO prepare yourself for more volatility in the market. It is likely that there will be more ups and downs before markets stabilise.
DO be wary of people or products promising unrealistic investment returns.
DO seek professional financial advice from a qualified financial planner.