so tｒｕｅ about the timing thing．．．　in terms of ppls retirement...

so tｒｕｅ about the timing thing．．．　

in terms of ppls retirement provisions, ｉ　ｇｕｅｓｓ　ｔｈａｔｓ　ｗｈｙ　ａｌｌｏｔ　ｏｆ　ｐｅｏｐｌｅ　ａｒｅ　ｇｏｉｎｇ　ｔｈｅ　ｓｍｓｆ　ｒｏｕｔｅ　ｗｉｔｈ　ｔｅｒｍ　ｄｅｐｏｓｉｔｓ　ａｎｄ　ｅｔｆｓ．　ｍｏｒｅ　ａｎｄ　ｍｏｒｅ　ｐｅｏｐｌｅ　ａｒｅ　ｂｕｙｉｎｇ　ｉｎｖｅｓｔｍｅｎｔ　ｐｒｏｐｅｒｔｉｅｓ　ｗｉｔｈｉｎ　ｓｍｓｆｓ　ａｓ　ｗｅｌｌ　ｕｓｉｎg cash or installment warrants.

i spoke to someone whose friend put 500k estatw proceeds into a geared australian managed fund when the index was 5000 a few months back. Current result = very bad.

timing is important when you hear such stories. i remember a classic call from a guy i spoke to who actually put his whole smsf out of direct equities into term deposits late 2007. i'm sure most traders know allot more than him, however his timing aspect for an average punter would have done wonders.