11-11-2020, 09:25 PM
(11-11-2020, 01:40 PM)ElwoodBlues1 link Wrote:I'm heavily in the Blue Chips, Utilities, Reits/trusts, supermarkets and the big LIC's and ETF's, still keeping a good portion of cash as well not that you get much in the banks these days but I sleep better than being 100% in stocks.
I think you need about two years of spending in cash so you can ride out the inevitable storms. It crossed my mind to sell everything before it hit the fan here but because of that buffer I decided not to.. Whilst I've recovered most of the losses there were some real bargains at the height of the storm.
The sharemarket is gambling and highly capitalist which would have made my leftist uni self disown or even shoot me. lol

