Considering the share market volatility, oil's price rises and volatility, and the sub prime scare, some commentators are predicting that session that starts with R. Some go further, talking about the D word.
I am not too alarmed, but thought this may be a prudent time to look at safety margins again.
When I set up my investments I put aside in the offset account an amount equivalent to 2 months rents as a safety measure.
After all with vacancy rates very low where my properties are, I should be right eh?
What do fellow somersofters think?
Am I on the right track?
Is there some other way thatyou make sure you are investing safely?
Should I be more conservative?
I am not too alarmed, but thought this may be a prudent time to look at safety margins again.
When I set up my investments I put aside in the offset account an amount equivalent to 2 months rents as a safety measure.
After all with vacancy rates very low where my properties are, I should be right eh?
What do fellow somersofters think?
Am I on the right track?
Is there some other way thatyou make sure you are investing safely?
Should I be more conservative?
