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OK. I don't have any argument with what you're saying.And yes I know the thread title is "Cash is King" but I've assumed the thread was started to discuss options for making the most of difficult choices.So if falling interest rates mean that cash of itself is no longer king for now, then we need to consider alternatives.I wouldn't do it with some penny stock. Using e.g. BHP is essentially similar to having a long term hold but just making some profit in the meantime.And yes, I'd hold until there was a profit. The yield of 3.2% with 100% franking is probably better than cash deposit rates will be in a month or so.
OK. I don't have any argument with what you're saying.
And yes I know the thread title is "Cash is King" but I've assumed the thread was started to discuss options for making the most of difficult choices.
So if falling interest rates mean that cash of itself is no longer king for now, then we need to consider alternatives.
I wouldn't do it with some penny stock. Using e.g. BHP is essentially similar to having a long term hold but just making some profit in the meantime.
And yes, I'd hold until there was a profit. The yield of 3.2% with 100% franking is probably better than cash deposit rates will be in a month or so.
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