I just switched all mine. I think this war could end up very problematic. I wish I had a crystal ball.
Lots of people saying all sorts of unverified things such as Bibi, and his brother were killed in Iranian strikes a few days ago. Likely crap, but I note Netanyahu hasn't been seen in public in a week and this war is way more censored than any others I've experienced. It's definitely not looking as good as Pete Hegseth tells us.
There is some bad sh1t going down and stock markets will continue to lose all gains. I think it's a given petrol will go up and will stay up, for a while longer. Petrol going up means everything else goes up. Everything going up means inflation, inflation means interest rate increases and panic buying of odd things like toilet paper.
I'm thinking property and cash are the safe havens. I understand when you change super investments it happens in a day or two?
I'm no expert, but interested what others are thinking.
Oh crap, MAFS is on, gotta stop ranting.
Converted mine into 100% cash a month ago. Rolling it over to a smsf and will invest in property.
Select to expand quotecammd said..
Converted mine into 100% cash a month ago. Rolling it over to a smsf and will invest in property.
What prompted you to do that?
Did you catch TDS?
Cash, by virtue of inflation is a bad strategy, it loses value every day. Property will outpace inflation; great investment. Luxuries and the like will lose, staples and necessities will continue to grow albeit slowly. Different crisis, same result, aren't they always the same?
Mine is with Hostplus in their indexed defensive fund, silly cheap fees and lets me sleep well at night. The returns won't shoot the lights out but enough for me to live comfortably and not have to work.
Is he dead? So the story is that he was put into an induced coma on his plane and flown to Germany where he died.
Not wanting to state the obvious but given the amount of time and effort spent not too long ago trying to convince all us non-believers that the solution to guaranteed investment, instant liquidity, security of asset, ease of trade, store of wealth, independence from manipulation, what is required in an emergency etc. etc. I'd assume everyone is going all-in on Bitcoin in these troubled times.
Personally I couldn't give a rat's if the local servo runs out of fuel. So long as I can still trade imaginary nothing with other nerds on a scam based website all will be fine.
(oh yeah, just for D3's benefit that last paragraph was 'sarcasm')
Select to expand quotemyscreenname said..
Is he dead?
Seriously MSN, you need to snap out of it. PM33 and these forums seem to be turning you. Maybe cut back on the 'special' vapes ?
I didn't watch that video, but look at the front picture. Seriously, just look -
Cartoon Hollywood bombs, a crying Bibi, a serious looking 'newsreader' - and you give it any credence ?
Be-jeezus man, Netanyahu ain't dead until Trump tweets that Netanyahu is dead.
(oh yeah, again for D3's benefit that last paragraph was satire)
Select to expand quotemyscreenname said..
Is he dead? So the story is that he was put into an induced coma on his plane and flown to Germany where he died.
But it is on YouTube it has to be true. (Sarcasm)
For what its worth...my 2 strategies:
1. don't look at your super, it will only make you sad
2. buy in....whether it is to top up your super, buy ETF's or any other traded commodity with the aim of buying at a market low and expecting things to rebound....and they will. The tricky part is when does it hit it's low. Take the Warren Buffett approach invest for the long haul...this should only be a short spike.
Select to expand quotemyscreenname said..cammd said..
Converted mine into 100% cash a month ago. Rolling it over to a smsf and will invest in property.
What prompted you to do that?
My oracle
Select to expand quoteshi thouse said..
For what its worth...my 2 strategies:
1. don't look at your super, it will only make you sad
2. buy in....whether it is to top up your super, buy ETF's or any other traded commodity with the aim of buying at a market low and expecting things to rebound....and they will. The tricky part is when does it hit it's low. Take the Warren Buffett approach invest for the long haul...this should only be a short spike.
This is the same approach I'm using.
I was 63 in January and don't plan accessing my Super for a few more years yet, so that should give things time to stabilise and recover.
Energy/petroleum stocks have gone nuts.....might have missed the boat there. But ultimately it's not a matter of if, but when it all bounces back. This is not the first major blow we have had to stocks and it certainly won't be the last. Ride the wave and sit tight...pannicking is what the rich people rely on, as normal people try to leverage their position and sell. Meanwhile wealthy investors come in like vultures and buy.
....or you could try your luck at buying jerry cans of fuel and selling them on Marketplace! 
Select to expand quoteshi thouse said..
Energy/petroleum stocks have gone nuts.....might have missed the boat there. But ultimately it's not a matter of if, but when it all bounces back. This is not the first major blow we have had to stocks and it certainly won't be the last. Ride the wave and sit tight...pannicking is what the rich people rely on, as normal people try to leverage their position and sell. Meanwhile wealthy investors come in like vultures and buy.
....or you could try your luck at buying jerry cans of fuel and selling them on Marketplace!
I have a long term view also. I was hoping this Iran thing would be another short term hit to take pressure off the release of the Epstein Files.
But I'm thinking that this war is turning very ugly very quickly. I do hope I'm wrong, but this is going to take a long time before it's resolved and I'm comfortable lowering my risk.
Warren Buffet sold $134 billion during the bull run in 2024 and the selling contined into 2025. Maybe he saw what's coming.
But you are generally right, if I was in my 40s I'd be taking, and took, the same approach as you. It will all come back.... eventually
Select to expand quoteCarantoc said..
Personally I couldn't give a rat's if the local servo runs out of fuel. So long as I can still trade imaginary nothing with other nerds on a scam based website all will be fine.
(oh yeah, just for D3's benefit that last paragraph was 'sarcasm')
Look at you making progress!
I'm proud of you buddy!
Funny on a site we regularly drop thousands on a bit of plastic that is worth nothing in 6 months we worry about paying 50c more a litre for fuel. 
Select to expand quoteMark _australia said..
Nice problem to have, you lot 
Yeah.... mine is all from my own contributions....the problem is not knowing how long I'll live 
. If I knew that, I could spend each year accordingly. I've told my kids they should only rely on the sale of our house, the rest will be spent.
