Where should my next $500 go: Super or my portfolio?

Which is better in the long run- adding extra cash to super? OR to your own portfolio instead? Jess wants to know.Jess’ Superannuation balance is smaller than it should be, for her age. As those who’ve followed her investing journey will know, deciding what to about it- has been tricky for her.And she’s not alone. Community member Matt also wants to know the benefits of over putting extra cash in super over in the market himself.So Julie Bullen, Financial Advisor at Fox & Hare joins the show to run the numbers. Can she convince Jess that she’ll be rewarded in the long run for investing in Super now?Chapters:00:00:00 Why Where You Invest Matters00:01:12 Matt's Question00:02:30 Super Is A Structure, Not A Product00:05:00 Jess's Super Balance Reality Check00:06:30 The Case For Contributing To Super00:08:34 Breaking Down Jess's Money Split00:10:00 First Home Super Saver Scheme00:12:30 The Real Numbers On $500 A Month00:15:00 Flexibility Vs Two Buckets00:16:34 Can The Government Change The Rules?00:17:57 What the CGT Changes Mean00:19:32 Julie's Own Super Story00:21:30 Jess's Final Projected Numbers00:23:54 Start Small And Start NowLinks mentioned in this episode:📞. Have a question? Send it to Jess here📩 Sign up to the Get Started Investing newsletter here📩 Share your investing story with us submit here🎟️ FinFest tickets - Buy early bird tickets here🗣️ Think you might want a financial adviser from the team at Fox and Hare? We can put you in touchWant more Equity Mates? Across books, podcasts, video and email, however you want to learn about investing – we’ve got you covered.———In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.———Get Started Investing is a product of Equity Mates Media.This podcast is intended for education and entertainment purposes only. Any advice is general advice, and has not taken into account your personal financial circumstances. Before acting on general advice, you should consider if it is relevant to your needs. If you are unsure, please speak to a financial professional. The hosts of this podcast and their guests may have positions in the companies mentioned. Equity Mates Media is part of the Betashares group but maintains editorial independence.Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.