Aussie single mum makes $100,000 in 12 months in growing superannuation trend: ‘I wanted to understand’
Australians interested in financial independence are taking control of their superannuation investments.
Zsanett Kalush has ten years until she can access her superannuation. And the 50-year-old professional has a very lofty goal for her retirement nest egg before that happens.
The Hungarian born single mum recently took control of her super investments after becoming interested in markets and achieving financial independence. After moving her super into an SMSF to buy a property a few years ago, she now gets up early before work most days to exercise and research the share market.
“I decided I wanted to understand what’s going on,” she told Yahoo Finance,after the ETFs an advisor had put her remaining SMSF money into had grown very slowly.
“I didn’t even know what an ETF was.”
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Kalush, who lives in Sydney and works for UNSW as a digital transformation project manager, first began listening to podcasts about personal finance to get a sense of the investing world. Whenever she didn’t understand anything, she turned to AI to ask questions, and soon began reading as much as she could about investing.
“I think for the first six months it was like a foreign language to me. I didn’t understand anything at all,” she said.
Fast forward to today, and in the last 12 months she has grown her SMSF balance from about $175,000 to $278,000 through her share market investments – a more than 50 per cent annual return.
She watches the market like a hawk and has bought companies like Microsoft, Visa, BHP, as well as smaller mining and commodities-based companies, and is always happy to sell when up more than 20 per cent on a stock or when the chart starts to “deteriorate”.
“I don’t do day trading. It’s just staying updated.”
“My first funnel is what I’ve learned from fundamental analysis,” she said, looking at details such as a company’s price to earnings ratio and the growth in earnings per share. But she’ll also consider so-called technical analysis (which analyses patterns in the recent buying and selling of a stock that appear in the share price chart) when considering to sell – something she has learned in a nearly completed diploma of share trading and investment with course-provider Wealth Within.
Kalush admits she’s had some loses on individual stocks, but given the seriousness of taking over her superannuation money, has strict “risk management rules” in place. She won’t go over a certain percentage with any holding and will employ stop losses to automatically sell a stock if it falls below a certain level.
