That’s right . The thing also is you can dip your toes in at these cheap levels. Still have a heap of liquid in ready for extra dips that may come.
To be completely in cash sounds more risky to me . I have a lot of cash in reserve for any further falls . That can help average down to whatever the bottom may be. If we are at the bottom , I have done well already.
My thoughts with news and reporting is as the initial panic subsides there will be a lot more good news coming in offsetting the bad.
As the virus dies off , an economic boom will ensue as stimulus measures will remain.
My company so far is unaffected by the virus but I expect there will be an impact at some point. The stimulus package is going to be significant for us. Particularly the Payg withholding discount is huge.
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