Thread: One for the maths gurus, or should it be gurii

Originally Posted by jx2mad

Being nearly 72 i cannot top up my super so I am trying to get the best return for what I have without taking financial risk.

Are you sure you can't top it up?

Originally Posted by DiscoMick

My super fund made 9% last year so why would I put money in a bank for 2.6%over 12 months, particularly if the interest is only calculated once, at the end, which denies compounding interest. Maybe if the interest was calculated daily...

Bank interest taxed at upto 50% or so. Super income taxed at 15% or less. No Brainer Mick