DIY Super For Dummies
Книга "DIY Super For Dummies", автором которой является Power Trish, представляет собой захватывающую работу в жанре Зарубежная литература. В этом произведении автор рассказывает увлекательную историю, которая не оставит равнодушными читателей.
Автор мастерски воссоздает атмосферу напряженности и интриги, погружая читателя в мир загадок и тайн, который скрывается за хрупкой поверхностью обыденности. С прекрасным чувством языка и виртуозностью сюжетного развития, Power Trish позволяет читателю погрузиться в сложные эмоциональные переживания героев и проникнуться их судьбами. Trish настолько живо и точно передает неповторимые нюансы человеческой психологии, что каждая страница книги становится путешествием в глубины человеческой души.
"DIY Super For Dummies" - это не только захватывающая история, но и искусство, проникнутое глубокими мыслями и философскими размышлениями. Это произведение призвано вызвать у читателя эмоциональные отклики, задуматься о важных жизненных вопросах и открыть новые горизонты восприятия мира.
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DIY Super For Dummies>®
3rd Australian Edition Published by
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Introduction
T he past few years have been extraordinary in terms of economic downturns, volatile investment markets, and the ensuing bumpy ride endured by investors, including DIY super fund trustees.
Throughout this time, hundreds of thousands of DIY super fund trustees have been investing super money in these volatile markets, and continuing to look after the needs of fund members.
In June 2014, when I began work on DIY Super For Dummies, 3rd Australian Edition, the investment markets were rebounding from a torrid few years, although by the time I finished writing this book several months later, the investment markets were again a little bumpy.
More seriously, in mid-2007, when I first met my publisher to discuss writing the first edition of DIY Super For Dummies, the world’s investment markets were booming and Australia was enjoying an extended wave of economic growth. The super laws had just been changed to deliver tax-free super for over-60s and, as a result, the future was looking very bright indeed for Australia’s retirees.
In October 2008, less than 18 months later, when I actually started writing the first edition of DIY Super For Dummies, the world’s investment markets had imploded, and the international community was facing what has become known in Australia as the Global Financial Crisis – GFC (I explain what happened during the GFC in Chapter 14).
While in June 2011, when I began work on the second edition of DIY Super For Dummies, the world’s investment markets had still not fully recovered from the 2008 and 2009 GFC. Throughout 2010 and 2011, the international markets remained jittery about the precarious debt levels of Greece and other countries in Europe and the massive debt levels maintained by the United States.
Fortunately, the investment markets recovered during 2012 and 2013, and for most of 2014, although the investment ride became volatile again in late 2014.
Even when investment markets stagger and fall, or even stall for a couple of years, you still have to save for retirement and invest somewhere and in something. You can do this outside the superannuation system, if you wish; although due to the tax advantages available within super, the more likely scenario is that you’re saving for your retirement via one of the large super funds or via a DIY super fund.
Despite the recent volatile markets (or, perhaps, because of these markets), Australians continue to embrace DIY super funds in significant numbers – more than 32,000 DIY super funds were set up during the 2013–14 year. The number of DIY super funds in operation exceeds half a million, and the number of Australians running DIY super funds has already hit the 1 million mark.
