There are a few ways you can invest in your own superannuation:
Investment options: Choose the investment options for your superannuation fund: Most superannuation funds offer a range of investment options, such as growth, balanced or conservative portfolios, which allow you to choose the level of risk that you are comfortable with. You can also choose to invest in specific asset classes, such as shares, property, or fixed income securities.
Extra contributions: You can make additional contributions to your superannuation account using after-tax dollars. This can be a tax-effective way to boost your retirement savings.
Self-managed superannuation fund (SMSF): Consider setting up a self-managed superannuation fund. An SMSF is a type of superannuation fund that is set up and managed by you, rather than a financial institution. With an SMSF, you have complete control over the investments in your fund and can tailor the investment strategy to your specific goals and needs. However, setting up and managing an SMSF can be complex and time consuming, and require a significant financial commitment.
It is important to remember that investing in superannuation is a long-term strategy and the value of your investments may fluctuate over time. It is important to diversify your investments, and seek professional financial advice to ensure that your superannuation investments are aligned with your financial goals and risk tolerance.