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Old 25-07-2020, 08:05 PM   #42
Yellow_Festiva
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Join Date: Oct 2006
Location: Sydney
Posts: 8,893
Default Re: 'Rona Super Cashout Auto Investment Competition

Quote:
Originally Posted by Franco Cozzo View Post
Super is a joke - you pay tax on it going in then depending on your age you pay tax on it coming out too.

Are people forgetting here that it's actually your money?
Yes and no.

I hate the idea of Super - having said that I'm good with my money and invest well. If I had the choice to not pay it I wouldn't.

This is the exception unfortunately, not the norm.

How many people you hear call the radio crying for a handout;

"I'm 77, Iv'e worked my whole life and my rotten teeth make me not able to eat properly, I'm on a waiting list and should get a spot next year, I don't have the $2,000 needed to get it done now - please someone help me?"

Or similar.
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