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NavyDiver
25th October 2018, 04:17 PM
Guess my Superfund might not be doing so well at present [bighmmm] Sun came up. It will do it again tomorrow


Australian share market sheds $52b following Wall St slump overnight - ABC News (Australian Broadcasting Corporation)

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(https://www.abc.net.au/news/2018-10-25/australian-share-market-tumbles/10427476)
Homestar
25th October 2018, 04:34 PM
I had a spidey sense a few months back and moved all mine to cash back in July - got lucky as it peaked in August. Was moving upwards too quickly and with the USA suggest interest rate rises, the writing was on the wall back then.
DiscoMick
25th October 2018, 06:12 PM
We moved into a more conservative fund a while back.
Don't panic - take a long view.
Bearman
25th October 2018, 06:50 PM
We moved into a more conservative fund a while back.
Don't panic - take a long view.

That's if I live long enough Mick
DiscoMick
25th October 2018, 08:03 PM
If you're healthy at 60 the average Aussie male can expect to live well into the 80s.
scarry
25th October 2018, 08:04 PM
Mine is mostly in commercial property,the rent keeps rolling in.

That is as long as the tenants keep paying[bighmmm][tonguewink]
jonesfam
25th October 2018, 09:18 PM
No money anyway:(
So nothing to worry about.[bigsmile1]
It might be nice to have money to worry about?
DoubleChevron
26th October 2018, 11:01 AM
No money anyway:(
So nothing to worry about.[bigsmile1]
It might be nice to have money to worry about?

I always figure if there is a massive downturn and everything crashes .................... The banks can feel free to keep my debts .... :)
DiscoMick
26th October 2018, 02:10 PM
My mother in law died recently leaving a balance on a credit card. The bank was told she had died, but still tried to collect another payment from her. The solicitor for the estate told my FIL to ignore the bank, and wrote the bank a rude letter. Seems they haven't learnt much from the banking royal commission.
NavyDiver
26th October 2018, 02:59 PM
Australian shares lose another $8 billion, dollar falls to 32-month low - ABC News (Australian Broadcasting Corporation) (https://www.abc.net.au/news/2018-10-26/australian-share-market-rebounds/10432476)

Whoops I did it again- 8 billion today. Due to some very bright Doctors in Perth creating a blood test for breast cancer I am not bothered at all. Some of our retirement plans might get pushed back a few years if this keeps up or brought forward if the Doctors keep it up[bigwhistle]

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Fatso
28th October 2018, 07:21 AM
Easy , now is time to buy . [thumbsupbig]