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Good thinking noddyTiming is of course a keyand there are no...

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Furpo2

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05/04/20

11:59

Post #: 43886785
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Originally posted by noddy10: ↑

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.

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Good thinking noddy

Timing is of course a key
and there are no books or umpires to
blow a whistle

Still, if you buy in low
you have a good start.
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