RE: looking for 1.6 re-entry here9 Mar 2021 22:59
Sorry gentlemen, I could not resist! ;-)
All the talk of XR3i's got me all excited. A 5GT Turbo man myself.
I liquidated 50% of my holdings in everything bar my pension, after the recovery last year. Something I had not done in 30 years of investing, whilst witnessing several market crashes. I thought a big rebalance was on its way.
I did this for reasons similar to the ones you guys have mentioned previously.............I am now however, changing my mind.
I consider my dealings here (small cap) separate to the general market. Although, not immune to market movements/sentiment, I think it is possible to invest effectively here, if done wisely and with a large degree of luck, even if the market tanks.
My prediction is that the central banks and governments will continue to print money for an extended period of time. They have indicated that they are very willing to do this.
They are very prepared to kick the can. Whilst bond markets/investors/institutions bury their heads.
Sooooooo, I am suggesting you need to get your money made from this little caper and get out before 2024.
I fully intend to find safety for my wealth after this time in sun, sea and relaxation!!
Usual WTFDIK caveat.