I had no idea where my lost super was or the names of the funds. I just new it was scattered everywhere and I should definitely have more than $3,000 in my super. Australian Super Finder found all 7 of my funds and now my balance is almost $50,000. Thank you so much for getting my super back on track. ? Leonie, Thomastown VIC

Super Facts and Tips

Is Superannuation Bad?

The Problem

There's been a lot of volatility in the share market in the recent years. The stock market itself is going down for a little bit. A lot of you would have seen that your superannuation account balance has fallen on some days. And some of you may think that superannuation is no good because your money that is invested into super has gone down.

Superannuation isnít the Problem

Well, in fact, the money in the super fund has gone down, but that's not because of superannuation. It's because your super fund has invested your money in a particular investment that has performed either really well, or bad, or average. So superannuation itself is a structure with which you can hold investments just as you can hold them in a family trust or a company or something like that.

If you have a small business, and a company operated it, and your business went poorly, because of whatever reason, you need to know that it's not because you wherein the company that is the problem. It's what happens inside the company that's the issue and not because you are inside the company.

Superannuation is a Structure

Superannuation is the same thing. It's structure rather than an investment in itself. There may be times that your super will go down due to inflation and other problems in the global market, but the market will eventually recover, and your super will be back on track. You will be able to improve and increase your returns in the long run.

If you want to know more about superannuation, check out our super facts and tips on www.australiansuperfinder.com.au

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