All my super is in cash, but the market keeps going up. What do I do?

In March, the market had fallen so much that I turned all of my super to cash. I am in my 70s and I live this money. Since then the market has been rising, but there is still cash! I hope the market will come back a little and give me the chance to go back. I don’t know what to do. Help!

Thank you for sharing your experience here, I think it will be one or two readers who waved by doing the same thing.

My first observation is ideally, we will not start here. This may not be particularly useful for you now, but I’m doing it for the benefit of others.

The more we deal with our solid academic research and portfolios, the worse we will be. Incorrecting your entry into markets or outlets is a proven way to achieve a bad result as your experience emphasizes.

Exchanges, one in four people exhibit volatility with a negative year. This means that they have raised three out of four, but you have to endure up to enjoy the downs. The reason we achieve a higher return than stock market investments is to compensate for this volatility.

If the volatility is not pleasant, as you show again, there is always the option to switch to cash. But then we have to accept a lower return that will affect how long your money lasts and how much you can spend in retirement.

If the markets decrease while re -investing, remind yourself that you are a buyer and lower prices are good.

I can’t tell you when the next market decline will be, there will be one other, and almost certainly will definitely be a few market decline during your retirement. To rely on these, you need to configure your retirement savings.

What to do now? Obviously you need to go back. If it’s hard to go back to your previous investment option, you may consider going back – 25 percent of the portfolio at a time at monthly intervals.