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Old 14-03-2020, 08:18 PM   #65
MITCHAY
FF.Com.Au Hardcore
 
Join Date: Apr 2005
Location: Canberra
Posts: 13,322
Default Re: Coronavirus scare causing markets to fall

ASX had a fun day yesterday. Down nearly 8% from open at the lowest and closed up by near 4.5%

Agree it only means anything if you're close to retirement which I'm far far off but you should have already been in conservative investments before this happened if you are that close especially given the experience in the GFC.

I'm down $10k this week and not that much ahead of last year now with 3 months to go. But it will bounce back.

I've been looking into investment options outside of super. I been thinking about my own shares account where I can control what companies I'm in. I know a few people taking the opportunity to pick up blue chips.
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