A friend of mine runs a super fund.
He and I spent most of 2013 trying to find a way to get my $50K super fund into bitcoin ($50-$200 at the time).
Not permitted. Too risky.
If it's my money, they owe me millions.
If its not my money, they should just admit its another tax, which, thanks to inflation, will buy me a coke and a mars bar by the time I retire.
You are viewing a single comment's thread from:
Nanny State strikes again. It's a bit like our democracy, they want to preserve the illusion that you get to have a say in what happens.
If you can't get Crypto then Precious Metals is the next best thing I reckon. Still, I am waiting for that first Crypto ETF to get listed on the ASX and I'll be all over it. Shouldn't be too long I hope.
You and me both, mate.
I've contemplated moving overseas to access that super, to be honest.
Imagine dropping it into SP now.
I don't give two squirts of duck droppings about my citizenship; but I'd hate to take the kids from their grandparents.