I have been essentially 100% cash this year, sure im only making 3-4% after tax at 30% co rate but everyone else i know invested in the market has lost 30%+ to even 60%.
I dont know anyone fully invested on the long side who has outperformed my cash.
On a side note i do trade and my portfolio was up 30% last year and im on track for 20% this financial year.
I am looking to buy some MLT ARG shortly for the bottom draw which is essntially just buying the index with a good dive return.
No investments is much better than poor investments is miles point i think and nothing is truer
