Mate,
Most mum and dad investors wouldn't know what an illiquid asset was let alone how it behaves. And yes your right, the current state of the market is greeted with a nervous smile and a " just a dip". I hope it is for their sake. A $3000 tax return for an average wage earner is not enough to sustain rolling losses year on year.
With ANZ distancing itself from the RBA do they intend to lift rates again in the short term. I mean why else would they do it?
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Mate,Most mum and dad investors wouldn't know what an illiquid...
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