Timing is everything? Inflation/recession/downturn/depression impact on markets, money, buying power and people.
We know for a fact inflation is currently reducing the value of cash. $100,000 12 months ago is worth 2-8% lower? Inflation rate is easier to see well after it bits us! Fuel prices 11% plus? Gas, Energy, meat.....
My point is cash can be good or bad. Property investments with decades of meteoric rises are??? Sectors in the markets available to your super fund may be a much better option than watching inflation deflate the real value of cash we hold?
Slightly related is diversification. A US based investor sold some shares in an Austrlian company yesterday. It was not due to the company it was the streanght or the $USD to $AUD ! The gains some super funds or investors have seen due to $USD increases in shares in US and Canada .... allows a buffer for the overseas share prices
In my case it was possibly luck with timing. Several things we can see allow timing decisions. Time for cash ? It is always nice to have some. Perhaps which denomination would be a better question IF we were all in cash? I am all in all over the place in some sectors only. Not a lot of cash for me.
