IV, thanks for the reply. Recent storm hasn't hurt me too much either, maybe 1 to 2% as i had 50%(still have 45%) sitting on the sidelines going in to the downturn(hedging). Overall about 5% of net worth sitting in the US. So play money really.
Understand the AU vs US thing but this is money sitting in the US anyway, so no exchange rate changes going on. Don't want to bring it back to AUS until the AU$ is much lower and getting bored having so much sitting in cash earning bugger all.
Understand the AU vs US thing but this is money sitting in the US anyway, so no exchange rate changes going on. Don't want to bring it back to AUS until the AU$ is much lower and getting bored having so much sitting in cash earning bugger all.