Kingy seems we followed a similar path , my only concern being that cash is not exactly the king I thought it was. With the diminishing returns and the inept RBA chasing its tail this will continue for a while. Once the velocity of money increases cash is going to take a battering with the inflation that is coming. Physical gold and silver have made a lot of profit for me in the last 5 years and will say that I draw comfort from my cash position but fear the eroding effects of tax and inflation thereon in the next 2-5 years..
Does make a bit of a case for holding real estate if lightly geared and giving good returns.
