What happened to my fresh start in 2011, they started early!
Golden,
I would have kept some bonds and bought in on weakness via a sneaky bot pattern for a double dip.
The bonds were nice. The fed value's money as nothing with near zero interest rates. Why not take on bonds with good yields, senior debt in a company making cash now and more in the future. They looked tasty. Bond holders typically have a different mind set and company of friends compared to us poor folk who hold the ords.
I can't believe I'm writing this, but a small forward wouldn't be the end of the world at current prices.
All the cash printing is forcing prices up everywhere, regardless of the fluffy inflation figures, so cash costs will be hard to keep down, the upside is locking in some certainty.
It's a tough one to call, if and how much.
Bring on 2011.
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