Hi AverageJoe and all,
“I wonder if @Skol has been hedging his CBA position.”
I see his CBA investment has moved from $84.92 to $72.43 that’s a bath of $12.49 per share over the last fifteen months! I admire a bloke that can take a loss like that on the chin and still think he is a winner, fit to advise others where or where not to put their own hard-earned money.
Watching the US ten year note I was wondering when we may see it hit the 3% level as it continues to hover just below.
Just so many things happening at the moment, trade war, a currency race to the bottom, the Chinese oil / Gold contract and the possibility of some Black Swan event. Just my humble opinion but holding physical Gold now looks like a sensible idea.
What are you currently watching for your own hard earned fiscal powder?
Cheers and very best regards: Andy