The ASX is in for rough times yet. I feel sorry for everyone who has their nest egg tied up with the big superannuation companies, you guys must have lots a fortune over the past few weeks. Fortunately I have my super managed by myself and my exposure really hasn't changed. I thank god for that because it woould take several years to recoup the losses made by most super firms.
Good news is the banks are willing to throw money at you for less now, I have CBA offering mortgages back in the low 7% bracket which was unheard of a few months back.
Hang on tight the rollercoaster hasn't ended yet.
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