BBUS, page-6415

Thanks specinvestor

The statement "Don't fight the FED" works good and well when the S&P etc is much lower but as Sven Henrich has pointed out every time in history (including digital printing periods in Feb 2020 and in June 2020) that the share market to GDP ratio climbs above 150% a correction occurs.

For me the chance of a 10% gain or greater in the S&P500 compared to a correction is very swayed towards to latter. Therefore I am still got 10% of my SMSF in BBUS.

One other thing - if GDP in USA falls the actual ratio is actual much higher.