It just sits in the bank and they aren’t paying crap for interest.
I’ve already got far too much US Equity market exposure. I haven’t put any of my own money into the markets since early 2002 as the markets are acting strange, kiting up as the dollar declines and the deficits explode.
My equity market portfolio is with very few exceptions invested in cash generating assets. I use the cash flow every month to purchase GOLD AND SILVER. And those exceptions? Gold mining stocks of course, but also a REIT that privatises prisons and another that runs several hundred nursing homes in the US; both are true growth stocks.
Bad stuff’s gonna in the markets. I’ve been paying down my mortgage debt as aggressively as I can. I’ll have it paid off next year, far ahead of schedule as I purchased my flat in 2001.
