Investing Super Funds
If you're comfortable with and making better results in your trading portfolio why don't you use the same method in your superannuation fund? Also do you calculate your stops differently in your super than your trading fund?
Actually those two types of funds are totally different from each other. They represent different aspects of investment trading. One difference is usually the amount of money in the funds. Your super fund probably is much larger than your trading fund. The purpose of the funds is also different.
If you were to suffer extreme losses in your investment trading fund, you wouldn't be happy, but it shouldn't ruin you financially. However, when it comes to your super fund, the last thing you ever want to do is lose it because it holds your financial future. You should take a conservative and defense approach to managing it. The amount of money in your investment accounts plays a big role in how you handle the accounts. While the basic rules of investing apply such as cutting losses and running profits, you must adapt your approach to protect your account and reap the maximum benefits.
I want my super fund to grow and grow so when, by law, I'm able to tap into it, it's all there and will set me up.
The same thinking applies to your stops. You want to nip your losses and let profits run but you approach the two investment methods very differently. The way you apply stops to your trading fund just wouldn't work for your super fund.
Another thing to consider is the method of calculation; would you use the same method on your super fund as you would on your CFD trading fund? You know the width would be different, but what about the method, is it the same?
Once again, your superfund is handled differently. You probably want to use a technical stop for your short term trades and a volatility base for your super fund. Long term trading and short term trading need to be handled differently in order for the long term fund to be profitable over time and to meet your individual circumstances. - 23217
Actually those two types of funds are totally different from each other. They represent different aspects of investment trading. One difference is usually the amount of money in the funds. Your super fund probably is much larger than your trading fund. The purpose of the funds is also different.
If you were to suffer extreme losses in your investment trading fund, you wouldn't be happy, but it shouldn't ruin you financially. However, when it comes to your super fund, the last thing you ever want to do is lose it because it holds your financial future. You should take a conservative and defense approach to managing it. The amount of money in your investment accounts plays a big role in how you handle the accounts. While the basic rules of investing apply such as cutting losses and running profits, you must adapt your approach to protect your account and reap the maximum benefits.
I want my super fund to grow and grow so when, by law, I'm able to tap into it, it's all there and will set me up.
The same thinking applies to your stops. You want to nip your losses and let profits run but you approach the two investment methods very differently. The way you apply stops to your trading fund just wouldn't work for your super fund.
Another thing to consider is the method of calculation; would you use the same method on your super fund as you would on your CFD trading fund? You know the width would be different, but what about the method, is it the same?
Once again, your superfund is handled differently. You probably want to use a technical stop for your short term trades and a volatility base for your super fund. Long term trading and short term trading need to be handled differently in order for the long term fund to be profitable over time and to meet your individual circumstances. - 23217
posted by X - Men @ 5:28 AM
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