on the other hand my mantra is quite simplistic - only invest as...

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    on the other hand my mantra is quite simplistic - only invest as much so as to get a return that equals my (our) living expenses. I don't invest to grow my asset base but only to maintain it, preservation of capital it may be termed hence I have about 60-70% in cash getting a mere return of just 3%, but it's enough and I worry less. Rather boring though! And the main reason for my SMSF is to stop the unscrupulous (politicians) from trying to take it away in the future.
 
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