@Professor 180762 wrote:
My money is staying in cash and cash related products.
Agreed.
I’ve been in cash for 9 months …
Mind you that’s easier to do confidently down here – when call accounts are running at 8% interest – and the local govenrment has just announced a limitless guarantee on local bank deposits.
:santa2:
We’re still earning well in business – so we are looking to protect wealth rather than speculate on a share market that is only slightly better than a roulette wheel.
Having said that – some stocks are looking damn cheap on historic fundamentals – but then again this is a new world with new credit rules – and it would not surprise me if in the next 6-9 months we see a mass of downgraded earning reports either – meaning share prices of poor performing companies have room to drop more.
Be careful out there guys n gals – don’t succumb to fear – and don’t fall for greed.