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General Discussion >> Chat >> Are yout Super funds Safe http://www.ozpolitic.com/forum/YaBB.pl?num=1701150943 Message started by lee on Nov 28th, 2023 at 3:55pm |
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Title: Are yout Super funds Safe Post by lee on Nov 28th, 2023 at 3:55pm
"The behemoth Australian fund IFM Investors will sink £10bn (A$19bn) into infrastructure and energy transition projects in Britain by 2027 as part of a new memorandum of understanding with the Sunak government.
The decision by IFM – which is owned by 17 Australian industry super funds – comes as a coalition of business and environmental groups calls on the Albanese government to supercharge tax and other financial incentives to ensure Australia can attract sufficient capital to drive the domestic transition to net zero emissions." https://www.theguardian.com/australia-news/2023/nov/27/australian-super-fund-puts-billions-into-backing-britains-energy-transition That's Your super fund. And Net(nut) zero has nil chance of success. Contact your super fund and see if you can bail on this.😡 |
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Title: Re: Are yout Super funds Safe Post by freediver on Nov 28th, 2023 at 4:03pm
Has anyone ever paid you for financial advice?
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Title: Re: Are yout Super funds Safe Post by lee on Nov 28th, 2023 at 5:23pm freediver wrote on Nov 28th, 2023 at 4:03pm:
Yes. Next question? Perhaps you want to mean will the injection of funds into UK net zero pay an equitable return and be relatively safe. "Pressure rises on Hunt as 2m more households fall into fuel poverty" https://www.theguardian.com/society/2023/feb/28/pressure-jeremy-hunt-as-2m-more-households-fall-into-fuel-poverty#:~:text=The%20number%20of%20households%20who,annual%20fuel%20poverty%20report%20showed. Inflation running at 4.7%, National debt about 100% GDP. Does that sound like a safe investment to you? Perhaps they would be better betting on the Australian "net zero" concept. |
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Title: Re: Are yout Super funds Safe Post by Frank on Nov 28th, 2023 at 5:43pm lee wrote on Nov 28th, 2023 at 3:55pm:
'Ethical investment' is a scam. Invest in oil, gas, electricity, armaments and munitions, grain, nuclear and aviation technology. |
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Title: Re: Are yout Super funds Safe Post by Laugh till you cry on Nov 28th, 2023 at 7:22pm
Freemasons are taking Australia's unwanted money to distribute to wealthy Indian poms and their pommy subjects.
UK is going through devolution to a level below third-world and adoption of universal poverty. Only those with money regarded as disposable will invest in the UK. Indian entrepreneurs and Indian Poms now appear to be in control of the UK. White Poms are starting to immigrate to India because they can't afford to live in the UK. The Rupee will become more valuable than the GBP. |
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Title: Re: Are yout Super funds Safe Post by Frank on Nov 28th, 2023 at 8:10pm Laugh till you cry wrote on Nov 28th, 2023 at 7:22pm:
And yet the Indians are flooding into England and the English are keeping away from India. Why? |
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Title: Re: Are yout Super funds Safe Post by Laugh till you cry on Nov 28th, 2023 at 9:00pm Frank wrote on Nov 28th, 2023 at 8:10pm:
It is not too late for you Frank. "Today, there are 37,700 British nationals living in India, figures released by the Foreign and Commonwealth Office reveal." |
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Title: Re: Are yout Super funds Safe Post by freediver on Nov 28th, 2023 at 9:44pm lee wrote on Nov 28th, 2023 at 5:23pm:
What I meant was, I don't think you have any real interest in giving people good financial advice. You are just trying to pass off your ignorant political views as financial advice. |
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Title: Re: Are yout Super funds Safe Post by lee on Nov 28th, 2023 at 9:57pm freediver wrote on Nov 28th, 2023 at 9:44pm:
I no longer give financial advice. I do however care about Super Funds sending money that will probably not generate good returns. You really should have stopped at "I don't think". ::) Perhaps you have an interest in the Super Funds sending your money offshore? freediver wrote on Nov 28th, 2023 at 9:44pm:
Which ignorant political view would that be? Perhaps you think the Super Funds sending money offshore is a political act? ::) |
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Title: Re: Are yout Super funds Safe Post by freediver on Nov 28th, 2023 at 10:00pm Quote:
You care about climate change denial. That's why you post about it. You pretend to care about people's savings. |
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Title: Re: Are yout Super funds Safe Post by Laugh till you cry on Nov 29th, 2023 at 12:21am
The real problem is perhaps the managers of the funds are receiving under-the-table inducements to direct the investments corruptly.
Observe the number of people who have been prosecuted for corrupt financial practices. For huge investments placed corruptly financial managers could receive huge benefits. Australia has a problem. There is too much money in the funds and they are struggling to get a reasonable return. |
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Title: Re: Are yout Super funds Safe Post by freediver on Nov 29th, 2023 at 9:16am
Lee were you this dishonest about your motivations back when you were trying to sell financial advice?
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Title: Re: Are yout Super funds Safe Post by lee on Nov 29th, 2023 at 11:47am freediver wrote on Nov 28th, 2023 at 10:00pm:
No one I know says that climate doesn't change, that it is static. freediver wrote on Nov 28th, 2023 at 10:00pm:
"It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong." -Richard Feynman CO2 induced climate change has NOT been shown to be true. Models are NOT truth. It is allowed for scientists to say "I don't know", though they invariably don't. It is allowed for people to be sceptical, indeed it is a sign of a proper scientist. It is what overturned many previous prevailing theories. ::) freediver wrote on Nov 28th, 2023 at 10:00pm:
Nope it is you who are making unfounded accusations. Is that against site rules? ::) |
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Title: Re: Are yout Super funds Safe Post by lee on Nov 29th, 2023 at 11:49am freediver wrote on Nov 29th, 2023 at 9:16am:
And still making stuff up. Why do you do that? But I will give you another chance. Please expound on my " ignorant political views as financial advice". ;D ;D ;D ;D ;D |
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Title: Re: Are your Super funds Safe Post by Laugh till you cry on Nov 29th, 2023 at 2:39pm
Super funds are not safe. They follow a path of diminishing returns relying only on the annual contributions to make it appear that Super grew over the year.
Many funds are failing. More will fail. Bernie Madoff may be dead but his philosophies are not. https://www.superguide.com.au/comparing-super-funds/super-funds-underperformance Quote:
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Title: Re: Are yout Super funds Safe Post by freediver on Nov 29th, 2023 at 5:35pm lee wrote on Nov 29th, 2023 at 11:47am:
How many threads have you started warning people about investments that were unrelated to your ignorant views on climate change? |
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Title: Re: Are yout Super funds Safe Post by aquascoot on Nov 29th, 2023 at 5:45pm freediver wrote on Nov 28th, 2023 at 9:44pm:
i disagree energy security IS economic security |
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Title: Re: Are yout Super funds Safe Post by lee on Nov 29th, 2023 at 5:49pm freediver wrote on Nov 29th, 2023 at 5:35pm:
You're telling the story, Rory? Do a search. It is your forum. You should know how to do it. ::) |
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Title: Re: Are yout Super funds Safe Post by freediver on Nov 29th, 2023 at 9:23pm lee wrote on Nov 29th, 2023 at 5:49pm:
The answer is zero, isn't it? You only became a financial adviser and started caring about people's super when you found a link to climate change. |
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Title: Re: Are yout Super funds Safe Post by lee on Nov 29th, 2023 at 9:55pm freediver wrote on Nov 29th, 2023 at 5:35pm:
freediver wrote on Nov 29th, 2023 at 9:23pm:
Well done you. ;D ;D ;D ;D ;D ;D Now how many have I warned people about investments related to climate change? Not pieces that I have copied about investments on CC/AGW. Or the great divide, he likes talking how good it is. ;) |
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Title: Re: Are yout Super funds Safe Post by freediver on Nov 30th, 2023 at 4:38am
If you cannot even be honest with yourself about what motivates you, why would anyone think you are able to uncover all these facts and truths that everyone else is apparently blind to?
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Title: Re: Are yout Super funds Safe Post by lee on Nov 30th, 2023 at 2:47pm freediver wrote on Nov 30th, 2023 at 4:38am:
So how many threads have I started related to any investments related to climate change? ::) |
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