[quote author=otherwise link=topic=5779.msg32214#msg32214 date=1243514738]
About a year back I took 99% of my assets out of my industry managed fund and into a self managed fund. It was a no brainer, they were standing still (and have since gone backwards). I went into bank term deposits @ about 8.6%. Today my self managed fund purchased the house next door to my mother's. Hard work for me over the last few weeks, but it will have a big payday when the world normalises, till then the rental income is OK.
Can you believe this is coming from a red flag waving lefty :blush:
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You capitalist, you! :y114: You made a smart move and I am glad you were successful. I was not as smart as you.