Too early to get into property.The A$ has already dived so you dont want anything US$ or any other currency, because the A$ will soon bottom out and you will take a haircut when it rises.So that leaves share market and cash.It is not time to put much money into the share market just yet. So the best thing to do is put the money into a combination of term deposit and cash with two of the big 4 Aust banks.There is no way that a big 4 bank will fail and more to the point, there is no way the Govt will let a big bank fail in Aust. From there the strategy would be to slowly start accumulating Aust blue chip shares when they become bargain basement buying. Normally this advice would only go to my best clients and they would pay a lot, but today you get it for nothing because I feel the need to give something back. Occam
