The Pursuit of Wealth Thru' Capital Preservation and Appreciation.
About Wealth Journey
An Accreditated Investor's views on wealth management. My views may differ from yours but all roads lead to Rome.
Views expressed are my own and do not constitute advice to the public. Please speak to a qualified financial professional about your investment.
I would think the economy is still in recovery mode and market is in a stage of confidence building and accumulation for the next leg up. Staying vested in equities, though, I have allocated more cash into Australian short-term deposit of 1-3months tenure. I find having more cash, even if it earns a meager return of 4.5%, allows me to sleep better at night and not worrying too much on the fluctuation of the equity portfolio.