Running late for the weekend chillout this week. I was organising the tax return for my Self Managed Super Fund (SMSF) for last financial year (its a wet Saturday in Sydney). Reviewing the performance for 2010 - 2011 made me less concerned about the recent epic fall in Gold and Silver prices. Why? well my SMSF is 90% in silver and the increase in the AUD silver price in the financial year 2010-2011 was 48%, even Australia's best performing managed super fund, The Goldman Sachs employees super fund only manages to achieve a five year ROR of 8.1% (
APRA data 2006-2010)
Crowded House ~ "Fall at your feet"
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