Chapter 3: Investing for super beginners
"The big secret in life is that there is no big secret. Whatever your goal, you can get there if you’re willing to work."
Oprah Winfrey, TV personality, billionaire and philanthropist
Once upon a time there was a young woman named Jane. She had never heard the word superannuation before so she asked her mum what the word meant. Her mum told her that superannuation is when money is put aside, like deferring some of your pay, for a better lifestyle later on in life. Her mum said if you have a job you can expect your employer to pay money to a special account run by a superannuation fund. You can even make your own deposits into the superannuation account if you want more money for your life later on. ...