As July officially rolls around, it’s safe to say the last 12 months have been a wild ride, at least financially. According to SuperRatings, our nest eggs grew steadily in the first half of the fiscal year, but experienced a “rollercoaster” in the second half.

So forget the Midas touch, investing now takes what’s known by traders as ‘diamond hands’.

Investing in the current geopolitical climate looks like a bumpy ride.Credit: Simon Letch

Our super funds weathered a fall of more than 10 per cent – defined as a correction – in the three trading days after the announcement of President Trump’s liberation day on April 7. But then began a patchy but powerful recovery.

And a strong pull upwards of 1.4 per cent in June has driven the median balanced super fund to a double-digit gain of an estimated 10.1 per cent. Growth funds, which are more heavily invested in the sharemarket, put on even more at 11.3 per cent. For those who held.

Because whether we are talking shares inside or outside of super, more than maybe ever before, the key to successful investment is now: ride it out. Don’t waver, don’t panic, perhaps don’t even look.

Rather than cracking, selling and crystallising losses when markets fall, you need to grip tight and hang on........

© The Sydney Morning Herald