Right now we have a number of issues which affect not just our market but World markets. At this point the market looks to be heading to all new highs but we need to put this in perspective. Our market topped in 2007 at 6850 points, in July 2019 the ASX hit this level again. We continue to see momentum in the market with many tipping the market hitting 7000 points soon, which is an increase of 4%. How high it might go and how long it will stay at these levels is easier to determine after the fact. Although the market is expected to go higher in the short term we have concerns about the longer time frame which could see a pullback; possibly back to 6000 points.
Holding Cash
Over the long-term holding cash will have a negative effect on your investments. We all know and understand the effects inflation has on cash. However, there are times when being overweight cash makes sense. Over the past twelve months the ASX 200 has returned...
