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According to chief market strategist at CMC Markets and host of The Artful Trader podcast Michael McCarthy, there are certain investor personality traits that seem to predict success in the share market.

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In this episode of the nestegg Podcast, Michael joins host Grace Ormsby to outline exactly what these characteristics are, the difference between high-risk and low-risk appetites, and how investors can apply different strategies depending on their own personality type.

Michael also explains how fear can be both helpful and a hindrance for confident decision-making, why failure is a crucial process for investors seeking growth, and where budding investors can begin educating themselves about the markets.

Thanks Matthew, for sharing your insights with the nestegg podcast team!

You can keep up to date with what CMC Markets are up to HERE

Have an investment story to share? Get in touch at [email protected] and you might get featured on the next episode.

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Retirement

Superannuation fund of the decade revealed

By Cameron Micallef · January 17 2020

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Retirement

Superannuation fund of the decade revealed

By Cameron Micallef
January 17 2020

Reading:

Superannuation fund of the decade revealed

By Cameron Micallef · January 17 2020

Reading:

The superannuation industry as a whole delivered strong performances for members, with its seventh best year in history leaving members on average 14.7 per cent better off.

UniSuper Balanced took out the top spot for 2019, delivering members 18.4 per cent on its growth fund.

Tasplan Balanced, CFS FirstChoice Growth, Australian Ethical Super Balance and AustralianSuper rounded out the remaining top five spots with growth 17.0 per cent or higher.

Even the worst performer in Chant West’s growth category achieved returns of 10.5 per cent, which was nearly 9 per cent above the rate of inflation.

Commenting on the outcome, Chant West senior investment manager Mano Mohankumar said, “Very few would have predicted such a strong result 12 months ago when growth funds had just lost 4.6 per cent over the December 2018 quarter and investor sentiment was decidedly negative.”

While 2019 was a strong year for superannuation funds, Mr Mohankumar reminded investors the importance of thinking long term.

“Certainly, look at what your fund delivered over the year, but it’s even more important to know what its long-term objectives are and whether it’s achieving them,” Mr Mohankumar stated.

Hostplus Balanced was named the top-performing growth fund of the decade, growing members funds by an average of 9.2 per cent a year.

AustralianSuper Balanced, UniSuper Balanced, Cbus Growth and CareSuper Balanced rounded out the remaining top five spots with results exceeding 8.7 per cent per annum.

“Returns are important but so is risk, and most funds also set themselves a risk objective. Risk is normally expressed as the likelihood of a negative annual return, and typically a growth fund would aim to post no more than one negative return in five years on average,” Mr Mohankumar concluded.

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About the author

Cameron Micallef

Cameron is a journalist for Momentum Media's nestegg and Smart Property Investment. He enjoys giving Aussies practical financial tips and tricks to help grow their wealth and achieve financial independence. As a self-confessed finance nerd, Cameron enjoys chatting with industry experts and commentators to leverage their insights to grow your portfolio.