You have to get your money out,especially if you think we are due for a bigger fall. Make the decision and then DO IT.

Hopefully I make a few good trades and can draw down a decent income at a usurious tax rate soon enough (early withdrawals).

I like to deal with rightists. They say what they really think – not like the leftists, who say one thing when they really mean another

I like this Mao chap the way I like Yahweh – he’s really in your face and doesn’t take shit from anyone.

I think you confuse the investment tax vehicle (superannuation) with the many and varied management structures and investments possible within the umbrella of super.
There are defined benefit funds, usually public sector or large corporate, and, if you want to start Sinc off on a rant just say “UniSuper”.
There are retail commercial funds which are heavy on glossy brochures and fees but light on performance.
Then there are industry funds which I used to think were reasonable value from a fees and performance standpoint, but I would now be nervous about them being hijacked to advance union agendas (see Setka, John).
I run an SMSF. Sure, I make about the same number of cock-ups as larger funds, but at least I don’t charge myself a fee to lose my own money.

As far as investments go, a super fund can hold real property so, if rental houses are your go, you can do this via a super fund (if the tax advantages stack up for you that is).
In short, “super” and “property” are not mutually exclusive.
One is an investment, the other is a tax structure.

Is it possible that Ms Clarke, as a specialist reporter in this area, is unaware that Dr Pachauri is not a climate scientist at all?

Why would that matter?
After all, for years they have been slavishly following the predictions of Flannery whose core skill is tracking dinosaurs through the swamp a mere 250 million years after they have passed by.

More on leftwingers are hypocritical swine

- JC, 2013

I like to deal with rightists. They say what they really think – not like the leftists, who say one thing when they really mean another

- Mao Zedong, 1969

I have just sent this email to the ABC after hearing this interview on the AM radio program yesterday – http://www.abc.net.au/am/content/2013/s3669601.htm – the howler I draw their attention to is near the end of the transcript;

“Dear people at AM –

I was astonished yesterday morning to hear your environment reporter ask IPCC Chair Rajendra Pachauri “Are you as a climate scientist concerned about where we are at in this point in time and what the future could look like?”

Is it possible that Ms Clarke, as a specialist reporter in this area, is unaware that Dr Pachauri is not a climate scientist at all? His degrees are in engineering and economics. Surely Ms Clarke’s question was misleading to your audience. I noted also that Dr Pachauri did not correct her error but allowed the misrepresentation to stand.

warm regards…”

Funny guy, Chanos.. he was one of the first dudes to pick Lehman going under by shorting the stock but actually lost money that fateful year in 09. I could never figure that one out…

Well, as a very famous economist once said:

“Markets can remain irrational longer than you can remain solvent.”

Timing short trades successfully can be incredibly difficult even when you have the economic fundamentals correct as you need to also correctly predict when the market will reflect those fundamentals.