XJO 0.10% 7,767.5 s&p/asx 200

Hi All,Divested 100% of Super into cash a very sizeable amount....

  1. 1,047 Posts.
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    Hi All,

    Divested 100% of Super into cash a very sizeable amount. (today)

    I did this play in early 2020. Did ok , but was caught in the dead cat bounce. Therefore lost a good %.

    I think this time with all the headwinds and lack of tailwinds. I won't fall for that trap again.

    Biggest concerns for me is the Baltic Dry Index. Secondly China Construction issues and liquidity drain on the equities. Thirdly, supply chain issues. Fourthly, discretionary spending. Fifthly , personal savings hoarded. Sixthly, dysflation coming.Seventhly, interest rate stress on mortgage holders when repositioning of finance required. Eighthly, what % of small businesses have collapsed causing default on the banks due to SARS-CoV-2. Plus, what has been said on this forum. Good luck all. Tough times ahead for most.
 
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