Ah Bob, Your set up sounds very similar to mine . The joys of a self managed super fund in pension phase , the tax free threshold , and a spouse to do the same.
As long as the generations following dont wake up to the fact that they are being screwed over before my demise , all should be sweet.
I sold 25% of my CBA's [super fund] at a few cents under 140.00 . Watched nervously since. Dont like holding things I dont understand. Time to sell more , if not all, increase holdings in other 3 plus BHP. Increases the yield , and maybe decreases the risk. Cant see the other banks being that much riskier to justify the premium. Not a fan of reading the auguries in the entrails of possums [technical research] , but comforting that it seems to agree with my dart at the dart board approach. cheers
CBA Price at posting:
$142.99 Sentiment: Hold Disclosure: Held
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