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Nothing wrong with cash in the short term while you wait for this slow-motion train wreck that is the world economy to show what has been oversold.Is having super fund in cash at the moment a bad thing ? I am wondering with the AUS going down what are the options to change over to ?
Thanks.
We're holding ours fully in cash ATM while waiting to see what the share market is doing.
Me too !
If that question was directed to me: I don't believe in catching falling knives.
No - just after some advice from those who know as I caught a falling knife last time around in GFC1 with personal money, and still have the bloodstains.
No - just after some advice from those who know as I caught a falling knife last time around in GFC1 with personal money, and still have the bloodstains.
gold etf and some physical.
If that question was directed to me: I don't believe in catching falling knives.
The only thing I have bought in recent months is a little of the gold etf and some physical.
Ned, [how apt] I have a big house, a big yard and a big dog, how good are you at hide 'n seek?What's your home address?
I would add NCM & WPL.We're holding ours fully in cash ATM while waiting to see what the share market is doing.
Is it a good time to buy, or do you believe there will be more fallout?
Shares looking at are:
wow
rio
bhp
cba
wbc
csl
coh
qbe
ccl
Moved 70% of my super to fixed interest Wednesday last week.
Was smiling when the share market fell today....
Great comments thank you all.
Cash for a little longer then !
Wonder where we will be at end the day.