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2,958.8 standard & poor's 500

"and thats when SNAS-BBUS can protect that downside .. bit like...

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02/03/24

13:59

Post #: 72711159
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Originally posted by Sharetrader78: ↑

Yes, I think they won't cut in JUNE ...unless we see issues develop further in the economy. .

Inflation is very sticky

.. so many balls in the air ... I'm not stressed either way rate cut Gold will see record move higher

..rates hold we see some of these cracks across the financial system develop

.. many issues we seen pre GFC with property are even worse now ... Home incomes to debt far higher ..Derivatives ...>>

My worry is if the economy/market does go GFC2.0 ..even Gold will be hit as liquidations across all assets will be high ...

and thats when SNAS-BBUS can protect that downside .. bit like Insurance ..

Even though its not directly related ... I'm certainly seeing issue locally so many people losing jobs businesses hitting the wall

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"and thats when SNAS-BBUS can protect that downside .. bit like Insurance .."

Unless perfectly timed, you'll just be wasting lots of capital to volatility & gearing decay.
Not even the Ukraine Black Swan can revive the fortunes of this faux "insurance".
You're better off sitting on the sidelines parking your cash in ING Savings Maximiser 5.50%.

Value at posting: 2,958.8
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