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plenty have been on the sidelines for many, many years missing...

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Bunn-Wackett

24,380 Posts.

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18/01/20

20:11

Post #: 42453295
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Originally posted by kingpins: ↑

IMHO the next bubble busting, correction or whatever it is called will be a little different because almost everything will be similarly affected

In the past when shares started to fail you could go into Real Estate and visa versa but not this time as even cash may be septic

PMs could be a good hedge but primarily I believe you have to have cash now and be ready to move if and when things drop to take advantage and go back into cheap equities before money is worthless

I personally know of numerous (rich) people who have taken their money out of shares and out of Australia and are just having a holiday while they wait.

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plenty have been on the sidelines for many, many years missing out on big returns!
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