Thread: Where did I put $52 billion

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.

We moved into a more conservative fund a while back.
Don't panic - take a long view.

Originally Posted by DiscoMick

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

If you're healthy at 60 the average Aussie male can expect to live well into the 80s.

Mine is mostly in commercial property,the rent keeps rolling in.

That is as long as the tenants keep paying

No money anyway
So nothing to worry about.
It might be nice to have money to worry about?

Originally Posted by jonesfam

No money anyway
So nothing to worry about.
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 ....

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.