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FINI15

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WES
Super Contributor
@simon, have you ever experience such a drop in the index in one day ?
7 REPLIES 7
SimonPB
Valued Contributor
sure .. 2008/9 .. 2001 .. 1998 .. 1987
Vince888
Regular Contributor
Hi Simon, what did you do in all cases. Ignore all the short term noise?
SimonPB
Valued Contributor
this is not short term noise .. this is a 5 year crisis just starting out ..
my thoughts are at http://www.simonbrown.co.za/blog/2015/12/11/saving-my-portfolio-dec2015.html
warhippo
Super Contributor
First time I see you "panic" Simon. Interesting read about your plans and ideas. Offshore real money been talked a lot about on forum and my take generally was it to be a no brainer. Question would be how late in the day is it?
SimonPB
Valued Contributor
not panic, panic was with MTN, but yes point taken .. This is years of real pain for SA .. I been positioning mostly to non SA Inc. for a while now, and now doing so more aggressively ..
warhippo
Super Contributor
I Understand and respect. On another point of interest: I know you like DB World and better performance than BNP world. The latter spread so much better?? and maybe also a cheaper entry??
SimonPB
Valued Contributor
I had a look at the BNP world when it listed and as I recall it 'smart' beta and I don't believe in that theory so stayed with DB