Posted: 26 November 2023 12:06:13(UTC)
Joined: 29/09/2018(UTC)
Posts: 3,796
Thanks: 2305 times
Was thanked: 10529 time(s) in 3099 post(s)
100% of a pension in cash....riskiest portfolio allocation I've ever heard of. A sign of the times.
After the moon boy stock phase went into decline, I've been waiting for the market to indicate where we should not be heavily positioned next! Looks like it's cash and gov bonds!
Cash for up to 20 years is clearly bat sh*t crazy. We've had a 3 year intensive course on what governments and central banks do to fiat currencies and the conclusion we somehow seem to have reached is.....hold loads more cash and fixed income!
Volatility be damned, my conservative, safety first view is, whenever I receive some more government cuck bucks, exchange them for an asset as quickly as possible before they are debased further.
5 users thanked DIY Investing for this post.
on 26/11/2023(UTC),
MBA MBAon 26/11/2023(UTC),
Neminem Laediton 26/11/2023(UTC),
Nigel Harrison 26/11/2023(UTC),
North Staron 26/11/2023(UTC)
