moving more to cash, page-7

  1. 10,746 Posts.
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    I agree with so much cheap money floating around the world interest rates here may even go lower as banks don't need to get local deposits to capitalize their funding. This is no doubt a global strategy to get money back into the sharemarket before the plug is pulled for round 2 of the GFC. I know many people will have to go for yield to live but conversely you could run down your savings in cash for a year or so to avoid the collapse when it comes then get back in? It's going to be a very difficult 12 months ahead.
 
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