| The investment strategy for self-managed | | | | include various aspects to suit both. These will |
| superannuation is what should be set in place to | | | | include investing in cash, bonds, property and |
| make sure you achieve your financial goals. But if | | | | shares. The first two can be considered defensive |
| the ages of members are significantly different, | | | | investing as there is almost no risk of losing the |
| then the investment strategies must be tailored | | | | capital invested in them. But there will be losses in |
| to suit each one. | | | | tax and inflation and so they are not considered |
| For instance the investment strategies of a young | | | | useful investments for the long term. |
| person who has plenty of time to recover from | | | | By investing in shares and property you will have |
| any downturns would be different from one | | | | capital growth investments that will beat inflation |
| tailored to suit a person who is near retirement. | | | | and should give a good return, but there is still the |
| For them, safety is the first consideration so they | | | | possibility of losing some or even a great deal of |
| may be quite averse to the risks a younger | | | | money. However with correct diversification and |
| person would be comfortable with. | | | | by staying with reputable investment products, |
| In this case, the investment strategy needs to | | | | the risk can be mitigated. |