Good luck with that one Sgt Pepper.
Careful you may be done for insubordination! haha
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A heck of a lot depends upon your personal financial circumstances. At a guess at age 30 I would say if you need some of the money in a few years for a house deposit, if you're about to have a new baby or need some of the money for another reason soon or think your job is insecure (e.g. the Glenbrook steel workers) then common sense suggests you need to take steps to mitigate the risk of the market correction e.g. sell half. OTOH if you have no near term need for access to your capital and are in a secure well paid job or secure self employment earning good income then progressively dollar cost averaging down and selectively buying opportunities gradually over the next few weeks might make sense. Hope that helps.
The recovery is beginning, now that the retail investors have "finished jumping ship", less emotional institutional investors are beginning to see the fundamentals are still very strong... NZX 50 now up almost 1% from the lows (now only down 1.6%) and ASX didn't have a "blood bath" like some were expecting (was down 0.8%), now actually up... so:
ladies and gentlemen... Start your buying!
Gee nothing black about Spark hit $3.16 not long ago, got this one right anyway.
spark rocks
ASX up almost 1%... well bears I hope you enjoyed your day and a half... but the bulls are back in business
sorry ASX up 1.2%, and NZX down less than 1% (its moving up so fast I am struggling to keep up...)