Quote Originally Posted by peat View Post
invest sensibly according to your situation w/r to age , asset base, income, security, etc , if you feel markets are insanely overvalued then reduce your ratio of equities to fixed interest.
Thanks Peat. 90% of our savings are in a conservative Kiwisaver account at present. We started buying shares when the govt started selling off the power companies dirt cheap, and a friend who had been bitten in the 1980s crash advised me to sell any shares after they went up 50% because they usually go down again. Trouble is when I sell them then, they continue to go up, like our $2 A2 Milk shares did, and if I do hang onto them, they collapse in price, like our Truscreen ones. Nowadays I just look at ShareClarity graphs: buying when the blue line is below the green one, and selling when the blue goes way above - all that price ratio ROE ETBIT jargon is beyond me.