I have some cash that I'll be putting to work in my SMSF. My guess is that the recent increase is a dead cat bounce and we'll go lower. At this stage, my plan is to start buying in the second half of April and spread the buying over six months i.e. spend equal amounts each month to average in. I'll primarily be buying LICs from quality managers that are well below NTA, and have cash reserves that they'll be deploying. Just sharing my plans and I'm interested in hearing what others are doing.
- Forums
- Economics
- Coronavirus Issues and Possible Value Buying?
I have some cash that I'll be putting to work in my SMSF. My...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)