Original URL (paywalled): https://www.smh.com.au/money/super-and-retirement/all-my-assets-are-in-crypto-how-will-this-affect-my-pension-20241112-p5kpys.html
This has to be a fake question for clickbait, right?
Original URL (paywalled): https://www.smh.com.au/money/super-and-retirement/all-my-assets-are-in-crypto-how-will-this-affect-my-pension-20241112-p5kpys.html
This has to be a fake question for clickbait, right?
I think it’s bait.
Surprisingly, it wasn’t (entirely). It was one of the questions asked to the money editor this week. In context, it wasn’t even a bad question.
They just picked the question most likely to generate clicks.
Why do you reckon it wasn’t made up? Was it submitted through a public platform or something?
I hope so!
Based on the sort of questions people ask in the Super/retirement groups I’m in I think its highly likely to be real. I’m not sure that putting all your retirement money into crypto is actually a worse strategy than the more common strategy of taking all your money out of the market every time it drops and buying back in when it goes up.
If thats their current “strategy” they’ll do the same thing with crypto. Buying high and selling low has a time honoured history.