Club Mulgoa

Thursday, June 20, 2013

More than just a crunch...

In some ways, I am lucky I am not retired yet.  And during the last year, my wife wants me to stay cashed up to buy a property for our retirement in the city.   Uncle Wayne also restricted the amount of money that I can pump into my super.  With those two factors, I have been curtailed.  Well, I would have made a bigger loss otherwise!

I still bought shares but the trading has been grossly diminished.  Nothing is spared today.  However, with the American economy progressing well, it is difficult to comprehend how savage the fall in value is on the market today.

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