When stocks rebound, WHERE best to invest?
Quote:
Originally Posted by
mr noble
The SMT chat boards are awash with people saying things like, "I had our entire mortgage deposit for a house in SMT and now its 25% gone..."
Just goes to show how quickly things can turn.
It is never good to lose money, but it is only a problem if anyone has piled in since December 2020.
If anyone has held this for anything like 1 to 5 years, they have still made out like bandits.
I’f you have been fully exposed for a decade, you’d be travelling the world first class in retirement when COVID allows.
When stocks rebound, WHERE best to invest?
I think the next interesting time for the market will be next Wednesday 10th when the 10 year US treasury notes will be auctioned.
There has not been a similar auction since Feb 25th (7 year note), when the market had a hissy fit because of the awful debt auction.
If the auction is worse next week, the markets are in for further pain.
https://www.treasury.gov/resource-ce...s/auctions.pdf