Thursday, November 12, 2009

Catholics are better money managers

At least here in Sydney.
A letter in today's paper

Holy interest

With the recent success of the Catholic Super fund, I wonder whether the Anglicans might reconsider their investment strategy (''Back from the brink'', Money, November 11). Or would that be against their religion?

The article lists the percentage earnings of many of our Super Funds and how they have been recovering. The Catholic Super Fund is among the top 5.
Fortunately, having spent most of my working life in Catholic Schools, my retirement funds are with the Catholic Super Fund.  I am so grateful they are not being managed by the Sydney Diocese.

1 comment:

Anonymous said...

Had you relied on Sydney Diocese you wouldn't be moving to New Zealand, Brian. You'd be eating in a Soup Kitchen.