Pretty good move averaging in on the way down. It's really important to have a solid cash reserve at a time like this, because opportunities will be plentiful now (you're already buying at a reasonable discount compared to 6 months ago) and in the next few months on the share market, and from mid-next year in property. I'm not sure rate rises have been fully priced in yet though. A tell-tale sign that there is more pain to come is the way the markets reacted to the higher-than-expected US May inflation figure. It saw a big rate hike from the Fed and a pretty savage reaction from the markets. I think stocks will keep retreating until inflation is categorically and unmistakably trending lower.
- Forums
- Economics
- What to do with Super given the current market conditions
What to do with Super given the current market conditions, page-56
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online