Financial commentator Scott Pape, known as the Barefoot Investor, has dismissed fears that a US stock market crash should prompt Australians to alter their superannuation strategy, telling readers such panic is "rubbish". His comments come amid growing anxiety among investors about volatility in American markets and its potential knock-on effects for retirement savings held in super funds with exposure to global shares.

Pape's core advice is that super is a long-term investment, and reacting to short-term market swings by switching investment options or withdrawing funds typically does more harm than good, since it risks locking in losses rather than riding out the recovery that has historically followed downturns. He reiterates his standard guidance of sticking to a considered, diversified strategy and ignoring the noise of daily headlines about market turmoil rather than making reactive changes based on short-term fear.