XJO 0.84% 8,295.1 s&p/asx 200

Re: 7/2 Week, page-503

  1. 1,737 Posts.
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    BBOZ. ?
    If ever 'Buy the Dip" meant anything then IMO we should all be buying BBOZ when the market is going gangbusters (because BBOZ would be down in price).

    But yes liquidity is an issue, tying funds up in BBOZ is a pain ( !!!! ). The upside is that , provided you've bought enough at a low low price (when everyone is doing handstands about XJO climbing) you can later take advantage of market downturns by selling BBOZ.

    My aim? to offload my BBOZ over the next 3 months. But within that timespan I'll buy more if the BBOZ price crashes ( below 4.15)
    Last edited by J.S.Mill: 13/02/22
 
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