Sunday 8 October 2023

Moving To Cash

 As resilient as the stock markets are right now, I’m beginning to return to cash now.

Why take any unnecessary risk and added costs when you can get 5% interest on a high yielding savings account? 4% on T Bills? And 3+% on SSB?

There’s a war brewing in the Middle East over the weekend too.

Looks like oil will jump tomorrow.

I think stock markets will start to trend down soon and I’ve gotten my shorts ready.

Let’s gooooooo!

Huat ah!

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