Why Eureka readers opted out of the rally

Not trading on trend, a rough storm, sleeping soundly, and fear and distrust.

I appreciate the range of opinion and topics in Eureka Report, but as to Bruce Brammall’s point on why did I/we miss the latest lift in the ASX by holding on to our cash, I suggest what a lot of you who write and opine on investment matters misunderstand is most of us are not active participants in the markets. I am focused on capital protection and at this stage in my life even though I am about to turn 69, I do not require income. Yes I am fortunate. As such, I am fairly risk averse with investments that cover 50% property, 10% equities and 40% cash. I have zero debt as befits someone of my vintage. And yes, you might say my cash holdings are too high in the current environment!


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