NAB 2.07% $36.95 national australia bank limited

NAB when to buy, page-48

  1. 5,242 Posts.
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    Without a housing meltdown this won’t see $26. Over 10% effective yield at $26 makes it exceptional with low rates.

    Out of curiosity how much cash are you guys sitting on for a downturn? I’m about 7.5% right now but looking at probably 15-20% over the next year as a buffer. I’m still buying little parcels of shares but not going below that 7% or so. I was caught out in 2008 and 2009, cashless.
 
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