Quote:
Originally Posted by BV
The ASX is now below 5000
Is anyone buying soon or are you waiting on the sidelines?
|
I'll be buying some more in my SMSF in due course - but for my other investments, I'm waiting on the sidelines for now.
I'm not convinced we will see returns above the 10%+ cost of interest over the next 6 - 12 months. I think we'll see a volatile market for the next 12+ months.
If I do enter in again for my non-SMSF investments, I may well do it without leverage (although the returns still have to exceed the returns I could get by parking the money in an offset account).
__________________
Sim'
This is a general comment only and does not constitute advice. Before making financial decisions you should seek advice from a professional adviser, who can take into account your specific circumstances and investment goals.
|
