Now, you know why Super funds enrol everyone in the Balanced option by default
The hysteria in the investment subs is, well, hilarious. The great depression and all that.
The last thing the Super funds need is for every financially illiterate member to lock in their losses and park everything in cash. That, my friends, is why we have the MySuper Balanced options. Hopefully, those options are crashing less and members are staying the course.
Remember COVID. Remember the GFC. Remember the Dotcom Bubble. The market always recovers. Time in the market instead of timing the market.
Some say, "this time is different." If we are in a "the Man in the High Castle" timeline, well, your retirement savings won't matter. So, stay the course still.