Is Cash still king?
Have any cash? If it’s in a term deposit what term is it on? 3mths or maybe 6?
Either people want to keep their funds not far from reach (to re-enter markets) or (they just haven’t thought that far ahead) I wonder what rates the banks will offer in just 3 months time!
If you are just waiting “short term” to re-enter the markets just be aware there appears to be many of you.... That spells Volatility!
Have you held cash for several years waiting for this moment? Several years ago didn’t you decide not to invest in shares and hold cash “await a crash perhaps” now tempted back in because of the massive drop? Are shares that much lower than when you decided not to buy them “several years ago?” Don’t miss out!
Cash is not King anymore! Don’t miss out! .... Did you think of that yourself? Is a Financial Planner behind it? Financial Planners could have never made everyone rich? What is the use of cash if you don’t use it when the time is right, like NOW!
It’s appears to be most often the most simplistic of thoughts that make the most sense but we seem to resemble sheep at times. For example: For China to de-couple from America is it likely to have happened during a boom or bust? Hint, does China appear to follow the S&P or Dow, they were during the boom? To me it must be a bust then,.... but not just yet I feel. If the “West” is in recession surely China would be effected, exports, incoming foreign funds, sentiment in general. What? China’s effected????
So the ones who saved some cash or were lucky enough to bail back in September all flood back into the share market sooner rather than later. Maybe finally buy some property as well as its down a little and when interest rates go down property goes up! I'm told! The share market is at the lowest for years. Shares are half price and dividends outweigh bank interest. The charts are looking so attractive, just need a change in direction perhaps!
Another simplistic question which we will all ignore:
Is everyone now anywhere near being out of debt?
The government has not written off a part of everyone’s debt just yet! And I don’t think people have worked it off yet.
So far I have locked 40% in term deposit for 3 years. I am one of very few! This will not be over anytime soon. But we all know this!
Cash remains King while the mass’s carry heavy debts.
Don’t believe.... Wait and see.........