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- 20 July 2021
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i was thinking 2021 was more like 2007 with rocket engines , 2019 at least had underlying earnings to support the narrative of infinite growth .
this was one reason i use index funds as insurance against MY bad share selection NOT a major part of the portfolio , i tried those 'inverse index ETFs with some success ( but not the last parcel of BBUS ) but discovered the weakness of holding them longer term
sure i will look seriously at passive ETFs again once the market has crashed , but currently i would rather cautiously cherry-pick LICs and REITs
cheers
this was one reason i use index funds as insurance against MY bad share selection NOT a major part of the portfolio , i tried those 'inverse index ETFs with some success ( but not the last parcel of BBUS ) but discovered the weakness of holding them longer term
sure i will look seriously at passive ETFs again once the market has crashed , but currently i would rather cautiously cherry-pick LICs and REITs
cheers