Don't forget cash diminishes your purchasing power
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SMSF's are holding almost 30% portfolio's in cash however this is concerning when you contrast the 11.2% return from holding the S&P500 over the past 50 years with 87% depreciation in the value of a dollar of cash during the same period. Cash diminishes your purchasing power and people need to be aware of that. It also depends on your life stage. 30% in cash when you are in the early years of your professional life is a very high allocation, particularly if your aim is to generate a 10% return on your total portfolio. Watch the full video where Uday, PM CAPITAL portfolio manger, discusses predictions for the AUD, and Australian and global equity opportunities. (VIEW LINK)
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At PM Capital we are not afraid to be different, we search the world for undervalued stocks, we avoid the trap of “group think” and prioritise company valuation over all other aspects. Founded in 1998, PM Capital is part of the Regal Partners Limited stable of alternative asset managers and specialise in Global & Australian equities and Global Fixed Interest strategies. We believe the very best way to minimise investment risk is through understanding valuation, as such, we avoid companies who are hard to understand or difficult to value and are well known for our discipline in resisting short term market noise and ability to hold investments through full industry cycles.
PM Capital
At PM Capital we are not afraid to be different, we search the world for undervalued stocks, we avoid the trap of “group think” and prioritise company valuation over all other aspects. Founded in 1998, PM Capital is part of the Regal Partners...
Expertise
PM Capital
At PM Capital we are not afraid to be different, we search the world for undervalued stocks, we avoid the trap of “group think” and prioritise company valuation over all other aspects. Founded in 1998, PM Capital is part of the Regal Partners...
Expertise
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